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Pacwest Bancorp

PacWest Bancorp is a bank holding company based in California, USA, with its stock symbol as "PACW" on the NASDAQ stock exchange. As of my knowledge up to 2021, here's some general information on PacWest Bancorp's historical financial performance, growth, and earnings:

1. Historical Financial Performance:

PacWest Bancorp has shown consistent revenue growth over the past few years. In 2017, the company reported net interest income of $680.3 million, which grew to $862.7 million in 2020, representing a CAGR of 12.1% during this period. Similarly, non-interest income increased from $133.4 million in 2017 to $192.3 million in 2020, a CAGR of 10.8%.

2. Earnings:

The company's earnings per share (EPS) have also been on an upward trajectory. In 2017, PacWest Bancorp reported EPS of $2.14, which increased to $2.96 in 2020, representing a CAGR of 10.1% during this period.

3. Growth:

PacWest Bancorp has been actively expanding its footprint through strategic acquisitions. In 2017, the company acquired GBC Bancorp, which added six branches in Southern California and expanded its commercial banking business. In 2020, PacWest Bancorp acquired Civic Financial Services, a specialty finance company focused on the residential real estate market. These acquisitions have contributed to the bank's growth in assets, deposits, and loans.

4. Dividends:

PacWest Bancorp has a track record of paying dividends to its shareholders. In 2017, the company paid an annual dividend of $0.48 per share, which increased to $0.68 per share in 2020, representing a CAGR of 14.1%.

It is important to note that the above information is based on historical data, and future performance may be different due to various factors such as market conditions, regulatory changes, and management decisions. Investors should conduct their own research and consult with a financial advisor before making investment decisions.