PacWest Bancorp Announces Quarterly Dividend
03 Februar 2020 - 2:00PM
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 February
28, 2020 to stockholders of record at the close of business on
February 20, 2020.
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 in California, one branch located in Durham, North
Carolina, and one branch located in Denver, Colorado. 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 and
Denver, Colorado branch office. 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 or venture-backed 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 or Pacific Western Bank, visit
www.pacwest.com.
Contact:Phone: |
Matthew P. WagnerPresident and CEO310-887-8520 |
Patrick J. RusnakExecutive Vice President and CFO714-989-4705 |
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