PacWest Bancorp Announces Quarterly Dividend
03 November 2010 - 6:25PM
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 November 30, 2010 to stockholders of record
at the close of business on November 15, 2010.
ABOUT PACWEST BANCORP
PacWest Bancorp is a bank holding company with $5.7 billion in
assets as of September 30, 2010, with one wholly-owned banking
subsidiary, Pacific Western Bank. Through 82 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. The branches
of the recently acquired Los Padres Bank are located in Santa
Barbara and San Luis Obispo counties in California and Maricopa
County in Arizona. 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.
CONTACT: PacWest Bancorp
Matt Wagner, Chief Executive Officer
(310) 728-1020
Vic Santoro, Executive Vice President and CFO
(310) 728-1021
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