SAN DIEGO, May 12 /PRNewswire-FirstCall/ -- The Board of
Directors of PacWest Bancorp (Nasdaq: PACW) declared today a
quarterly cash dividend of $0.01 per
common share. The cash dividend is payable on June 4, 2010 to stockholders of record at the
close of business on May 24, 2010.
ABOUT PACWEST BANCORP
PacWest Bancorp is a bank holding company with $5.2 billion in assets as of March 31, 2010,
with one wholly-owned banking subsidiary, Pacific Western Bank.
Through 68 full-service community banking branches, Pacific Western
provides commercial banking services, including real estate,
construction and commercial loans, to small and medium-sized
businesses. Pacific Western's branches are located in Los Angeles, Orange, Riverside, San
Bernardino, San Diego,
San Francisco, San Mateo and Ventura Counties. Through
its subsidiary BFI Business Finance and its division First
Community Financial, Pacific Western also provides working capital
financing to growing companies located throughout the Southwest,
primarily in the states of Arizona, California and Texas. Additional information regarding
PacWest Bancorp is available on the Internet at
www.pacwestbancorp.com. Information regarding Pacific Western Bank
is also available on the Internet at
www.pacificwesternbank.com.
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Contact:
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Matthew P. Wagner
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Victor R. Santoro
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Chief Executive Officer
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Executive Vice President and
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10250 Constellation Boulevard
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Chief Financial Officer
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Suite 1640
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10250 Constellation Boulevard
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Los Angeles, CA 90067
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Suite 1640
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Los Angeles, CA 90067
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Phone:
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310-728-1020
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310-728-1021
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Fax:
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310-201-0498
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310-201-0498
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SOURCE PacWest Bancorp