PacWest Bancorp Announces Quarterly Dividend
0.25 Per Share Cash Dividend Payable on November 30, 2012 to Stockholders of Record on November 19, 2012
LOS ANGELES, Nov 5, 2012 (Menafn - GlobeNewswire via COMTEX) --PacWest Bancorp 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 November 30, 2012 to stockholders of record at the close of business on November 19, 2012.
ABOUT PACWEST BANCORP
PacWest Bancorp ("PacWest") is a bank holding company with 5.5 billion in assets as of September 30, 2012, with one wholly-owned banking subsidiary, Pacific Western Bank ("Pacific Western"). Through 66 full-service community banking branches, Pacific Western provides commercial banking services, including real estate, construction and commercial loans, to small and medium-sized businesses. Pacific Western's branches are located throughout California in Los Angeles, Orange, Riverside, San Bernardino, Santa Barbara, San Diego, San Francisco, San Luis Obispo, San Mateo and Ventura Counties. Through its subsidiaries, BFI Business Finance and Celtic Capital Corporation, and its divisions First Community Financial and Pacific Western Equipment Finance, Pacific Western also provides working capital financing and equipment leasing to growing companies located throughout the United States, with a focus on the Southwestern U.S., primarily in Arizona, California, Utah and Texas. Additional information regarding PacWest Bancorp is available on the Internet at www.pacwestbancorp.com. Information regarding Pacific Western Bank is also available on the Internet at www.pacificwesternbank.com.
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SOURCE: PacWest Bancorp
CONTACT: Matthew P. Wagner
Chief Executive Officer
10250 Constellation Boulevard
Suite 1640
Los Angeles, CA 90067
Phone: 310-728-1020
Fax:310-201-0498
Victor R. Santoro
Executive Vice President and
Chief Financial Officer
10250 Constellation Boulevard
Suite 1640
Los Angeles, CA 90067
Phone: 310-728-1021
Fax:310-201-0498
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