PACWP

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Pacwest Bancorp

20.94

-0.31 (-1.46%)

Last Update: 01 Dec 2023 00:00:00

Yesterday: 21.25

Day's Range: 20.94 - 21.3699

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PacWest Bancorp is a bank holding company headquartered in Los Angeles, California. It operates through its subsidiary, Pacific Western Bank, which provides commercial banking services to businesses, entrepreneurs, and individuals. The bank offers a range of products and services, including checking and savings accounts, loans, lines of credit, cash management, and online banking.

PacWest Bancorp was founded in 1999 and has grown through a series of mergers and acquisitions. It currently operates more than 70 branches throughout California, as well as offices in Arizona and Nevada. As of December 31, 2020, PacWest Bancorp had total assets of $29.6 billion and total deposits of $22.1 billion.

The company is publicly traded on the NASDAQ stock exchange under the ticker symbol PACW. It has a market capitalization of approximately $4.2 billion as of May 2021. PacWest Bancorp is known for its strong financial performance and has been recognized as one of the best-performing banks in the United States by Forbes magazine.

Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.

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