PacWest Bancorp Announces Quarterly Dividend
02 November 2015 - 2:00PM
PacWest Bancorp (Nasdaq:PACW) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.50 per
common share. The cash dividend is payable on November 30, 2015 to
stockholders of record at the close of business on November 16,
2015.
ABOUT PACWEST BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with over
$21 billion in assets with one wholly-owned banking subsidiary,
Pacific Western Bank (“Pacific Western”). With 80 full-service
branches located throughout the state of California and one branch
in North Carolina, Pacific Western provides commercial banking
services, including real estate, construction, and commercial
loans, and comprehensive deposit and treasury management services
to small and medium-sized businesses. Pacific Western offers
additional products and services through its CapitalSource and
Square 1 Bank divisions. The CapitalSource Division provides cash
flow, asset-based, equipment and real estate loans and leases and
treasury management services to established middle market
businesses on a national basis. The Square 1 Bank Division offers a
comprehensive suite of financial services focused on
entrepreneurial businesses and their venture capital and private
equity investors, with offices located in all key innovative hubs
across the United States. For more information about PacWest
Bancorp, visit www.pacwestbancorp.com, or to learn more about
Pacific Western Bank, visit www.pacificwesternbank.com.
Contact information:
Matt Wagner, Chief Executive Officer, (310) 728-1020
Pat Rusnak, Executive Vice President and CFO, (714) 989-4705
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