PacWest Bancorp Announces Quarterly Dividend
10 November 2020 - 11:00PM
PacWest Bancorp
(Nasdaq:
PACW) announced today that its
Board of Directors has declared a quarterly cash dividend of $0.25
per common share. The cash dividend is payable on December 10, 2020
to stockholders of record at the close of business on November 30,
2020.
ABOUT PACWEST
BANCORP
PacWest Bancorp (“PacWest”) is a bank holding company with over
$28 billion in assets with one wholly-owned banking subsidiary,
Pacific Western Bank (the “Bank”). The Bank has 71 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
innovation hubs across the United States. For more information
about PacWest Bancorp or Pacific Western Bank, visit
www.pacwest.com.
Contact information:Matt Wagner, President and Chief Executive
Officer, (303) 802-8900Bill Black, Executive Vice President,
Strategy and Corporate Development, (919) 597-7466
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