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Stock Market & Financial Investment News

News Breaks
January 7, 2014
05:58 EDTPACWPacWest Bancorp upgraded to Overweight from Equal Weight at Evercore
News For PACW From The Last 14 Days
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April 16, 2015
07:11 EDTPACWPacWest Bancorp reports Q1 adjusted EPS 61c, consensus 68c
Reports Q1 revenue $219.95M, consensus $209.63M. Reports Q1 net EPS 71c. Reports Q1 book value per share $34.29M. Reports Q1 Tier 1 capital ratio 12.35%. Reports Q1 net charge-offs 0.07%.
April 14, 2015
06:33 EDTPACWPacWest Bancorp appoints Patrick Rusnak as CFO
PacWest Bancorp announced that Victor R. Santoro intends to retire from his position as CFO of the Company effective in mid-August subsequent to the Company's filing of its Form 10-Q for the Q2. Following his retirement as CFO, Santoro will continue to work with the Company as Vice Chairman Corporate Development and assist with the transition of his CFO responsibilities. Santoro will be succeeded by Patrick J. Rusnak, who is expected to assume the roles of Executive Vice President and CFO upon Santoro's retirement as CFO of the Company in mid-August. Rusnak will join the Company on April 27as Executive Vice President and CFO of Pacific Western Bank. He most recently served as CFO for Sterling Financial.

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