Pacwest Bancorp. Stock
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Pacwest Bancorp. Stock
PacWest Bancorp (Symbol: PACW) is a financial institution based in the United States, primarily involved in the banking sector. The company operates through its subsidiary, Pacific Western Bank, which offers various banking and financial services across multiple states, including business loans and deposit products primarily to small and medium-sized businesses. PACW also provides treasury management services, asset-based lending, capital markets services, and other financial solutions to a diverse clientele spanning various industries. Since its inception, PacWest Bancorp has experienced significant growth and expansion, making it a noteworthy player in the stock market. As a publicly traded company, it is listed on the NASDAQ stock exchange and is part of various stock market indices.
Pros and Cons of Pacwest Bancorp. in the next few years
Pros
Cons
Performance of Pacwest Bancorp. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Pacwest Bancorp. | - | - | - | - | - | - | - |
| Texas Capital Bancshares | -3.570% | 12.000% | 3.704% | 26.697% | -4.274% | 3.704% | -2.200% |
| Commerce Bancshares Inc. | 0.970% | 4.675% | 10.043% | 5.533% | 5.967% | -16.935% | 1.549% |
| UMB Financial Corp | -1.270% | 5.369% | 5.369% | 55.446% | 3.974% | 0.641% | 26.348% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance at the financial statements of PacWest (PACW) in the Banking Services industry, it appears that the company has experienced some notable fluctuations in its financial performance over the past few years. While there have been periods of growth in various areas, other aspects display contrasting trends such as a recent dramatic net loss. To provide a comprehensive analysis of the company's financials, let's examine the pros and cons.
Increasing total assets: In the last three years, PACW's total assets have experienced consistent growth from $29.5 billion in 2020 to $41.2 billion in 2022, and further rising to $44.3 billion as of March 31, 2023. This continuous growth indicates effective business expansion and asset accumulation.
Consistent growth in long-term investments: The company's long-term investments have steadily increased from $5.2 billion in 2020 to $7.1 billion in 2022, showing a stable focus on long-term asset management and potential returns on investment.
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