PacWest Bancorp Announces Quarterly Dividend
08 August 2012 - 8:43PM
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 August 31, 2012 to
stockholders of record at the close of business on August 20,
2012.
ABOUT PACWEST BANCORP
PacWest Bancorp ("PacWest") is a bank holding company with $5.3
billion in assets as of June 30, 2012, with one wholly-owned
banking subsidiary, Pacific Western Bank ("Pacific Western").
Through 76 full-service community banking branches, excluding the
two recently acquired branches of American Perspective Bank which
are expected to be integrated in September 2012, 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 subsidiaries, BFI Business
Finance and Celtic Capital Corporation, and its divisions First
Community Financial and Pacific Western 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: Matthew P. Wagner
Chief Executive Officer
10250 Constellation Boulevard
Suite 1640
Los Angeles, CA 90067
Phone: 310-728-1020
Fax: 310-201-0498
Victor R. Santoro
Executive Vice President and
Chief Financial Officer
10250 Constellation Boulevard
Suite 1640
Los Angeles, CA 90067
Phone: 310-728-1021
Fax: 310-201-0498
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