PacWest Bancorp ( NASDAQ:PACW ) has announced that it will pay a dividend of $0.25 per share on the 28th of February...
LOS ANGELES, Feb. 01, 2023 (GLOBE NEWSWIRE) -- 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 February 28, 2023 to stockholders of record at the close of business on February 15, 2023. The Board of Directors also declared a quarterly cash dividend of $0.4845 per depositary share on its 7.75% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend
LOS ANGELES, Jan. 27, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq:PACW) (the “Company”) today announced a new strategic plan with a mission to maximize shareholder value by exceeding customer expectations. This plan focuses on strengthening our community bank businesses, exiting non-core products and services, and improving our operational efficiency. Specifically, the Company made the decision to wind down operations in our Premium Finance and Multi-Family lending groups in the fourth quar