PacWest Bancorp Announces Quarterly Dividend
02 Mai 2016 - 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 May 31, 2016 to
stockholders of record at the close of business on May 16,
2016.
ABOUT PACWEST BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with $21
billion in assets with one wholly-owned banking subsidiary, Pacific
Western Bank (“Pacific Western”). The Bank has 79 full-service
branches located throughout the state of California and one branch
in Durham, 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 under the brands of its
business groups, CapitalSource and Square 1 Bank. CapitalSource
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. Square 1 Bank offers a
comprehensive suite of financial services focused on
entrepreneurial businesses and their venture capital and private
equity investors, with offices located in 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) 887-8520
Pat Rusnak, Executive Vice President and CFO, (714) 989-4705
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