PacWest Bancorp Announces Quarterly Dividend
09 Februar 2012 - 8:45PM
PacWest Bancorp (Nasdaq:PACW) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.18 per
common share. The cash dividend is payable on February 29, 2012 to
stockholders of record at the close of business on February 20,
2012.
ABOUT PACWEST BANCORP
PacWest Bancorp ("PacWest") is a bank holding company with $5.5
billion in assets as of December 31, 2011, with one wholly-owned
banking subsidiary, Pacific Western Bank ("Pacific Western").
Through 76 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 throughout
California in Los Angeles, Orange, Riverside, San Bernardino, Santa
Barbara, San Diego, San Francisco, San Luis Obispo, San Mateo and
Ventura Counties. Through its subsidiary, BFI Business Finance
and its divisions First Community Financial and Marquette Equipment
Finance, Pacific Western also provides working capital financing
and equipment leasing to growing companies located throughout the
United States, with a focus on the Southwestern U.S., primarily in
Arizona, California, Utah 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: Matt Wagner, Chief Executive Officer, (310) 728-1020
Vic Santoro, Executive Vice President and CFO, (310) 728-1021
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