PacWest Bancorp Announces Quarterly Dividend
01 August 2018 - 2:00PM
-- $0.60 Per Share Cash Dividend
Payable on August 31,
2018 to Stockholders of
Record on August 20, 2018 --
PacWest Bancorp (Nasdaq: PACW) announced today that its Board of
Directors has declared a quarterly cash dividend of $0.60 per
common share. The cash dividend is payable on August 31, 2018 to
stockholders of record at the close of business on August 20,
2018.
ABOUT PACWEST BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with over
$24 billion in assets with one wholly-owned banking subsidiary,
Pacific Western Bank (the “Bank”). The Bank has 74 full-service
branches located throughout the state of California and one branch
in Durham, North Carolina. Our Community Banking group provides
lending and comprehensive deposit and treasury management services
to small and medium-sized businesses conducted primarily through
our California-based branch offices. We offer additional products
and services through our National Lending and Venture Banking
groups. National Lending provides asset-based, equipment, real
estate and security cash flow loans and treasury management
services to established middle market businesses on a national
basis. Venture Banking 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:Don D. Destino, Executive Vice President,
Corporate Development and Investor Relations, (310) 887-8521
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