SAN DIEGO, Aug. 11 /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 September 3, 2010 to stockholders of record at
the close of business on August 23,
2010.
ABOUT PACWEST BANCORP
PacWest Bancorp is a bank holding company with $5.2 billion in assets as of June 30, 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:
Phone:
Fax:
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Matthew P. Wagner
Chief Executive
Officer
10250 Constellation
Boulevard
Suite 1640
Los Angeles, CA 90067
310-728-1020
310-201-0498
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Victor R. Santoro
Executive Vice President
and
Chief Financial
Officer
10250 Constellation
Boulevard
Suite 1640
Los Angeles, CA 90067
310-728-1021
310-201-0498
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SOURCE PacWest Bancorp
Copyright . 11 PR Newswire