PacWest Bancorp Announces Quarterly Dividend
01 November 2019 - 1:00PM
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 November
29, 2019 to stockholders of record at the close of business on
November 20, 2019.
ABOUT PACWEST BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with over
$26 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, and real
estate 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 Pacific
Western Bank, visit www.pacwest.com.
Contact: |
Matthew P. Wagner |
|
Patrick J. Rusnak |
|
President and CEO |
|
Executive Vice President and CFO
|
Phone: |
310-887-8520 |
|
714-989-4705 |
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