Pacwest Bancorp (PACW) Tops Q4 EPS by 10c
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PacWest Bancorp Announces Results for the Fourth Quarter and Full Year 2019
January 21, 2020 7:00 AM ESTFourth Quarter 2019 Highlights
Net Earnings of $117.9 Million, or $0.98 Per Diluted ShareLoan and Lease Production of $1.0 Billion; $111 Million of Net Loan GrowthCore Deposits Represents 84% of Total DepositsCost of Average Total Deposits Decreased 12 Basis Points from Q3 to 71 Basis Points Net Charge-offs to Average Loans of Two Basis PointsFull Year 2019 Highlights
Net Earnings of $468.6 Million, or $3.90 Per Diluted Share Loan and... More