Annual Financials for PacWest Bancorp
Fiscal year is January-December. All values USD millions. |
2022 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Interest Income |
1.56B | 1.16B | 1.22B | 1.1B | 1.16B | |
Interest and Fees on Loans |
- | 1.05B | 1.1B | 993.14M | 996.46M | |
Interest Income on Fed. Funds |
- | - | - | - | - | |
Interest Income on Fed. Repos |
- | - | - | - | - | |
Interest on Bank Deposits |
- | 2.08M | 6.48M | 3.58M | 8.8M | |
Other Interest or Dividend Income |
- | 111.62M | 115.57M | 106.77M | 153.47M | |
Interest Income Growth |
- | -25.37% | 5.01% | -9.54% | 5.01% | |
Total Interest Expense |
265.73M | 120.76M | 205.26M | 88.93M | 54.91M | |
Interest Expense on Bank Deposits |
- | 80.14M | 148.46M | 59.66M | 27.81M | |
Other Interest Expense |
- | 40.62M | 56.8M | 29.27M | - | |
Interest Expense on Debt |
- | 40.62M | 56.8M | 29.27M | 27.1M | |
Interest Capitalized |
- | - | - | - | - | |
Other Borrowed Funds |
- | - | - | - | - | |
Total Interest Expense Growth |
- | -54.56% | 69.98% | -56.67% | -38.26% | |
|
2022 | 2018 | 2019 | 2020 | 2021 |
5-year trend |
Net Interest Income |
1.29B | 1.04B | 1.01B | 1.01B | 1.1B | |
Net Interest Income Growth |
- | -19.36% | -2.53% | -0.01% | 8.80% | |
Loan Loss Provision |
24.5M | 45M | 22M | 339M | (162M) | |
Loan Loss Provision Growth |
- | 83.67% | -51.11% | 1,440.91% | -147.79% | |
Net Interest Income after Provision |
1.27B | 995.91M | 992.63M | 675.56M | 1.27B | |
Net Interest Inc After Loan Loss Prov Growth |
- | -21.35% | -0.33% | -31.94% | 87.37% | |
Net Interest Margin |
- | - | - | - | - | NA |
Non-Interest Income |
78.56M | 137.05M | 138.46M | 124.64M | 125.65M | |
Securities Gain |
- | 8.18M | 25.45M | 13.17M | 1.62M | |
Trading Account Income |
- | - | - | - | - | |
Trust Income, Commissions & Fees |
- | 62.05M | 58.26M | 50.7M | 55.56M | |
Commission & Fee Income |
- | 62.05M | 58.26M | 50.7M | 55.56M | |
Other Operating Income |
- | 62.15M | 53.64M | 58.63M | 66.75M | |
Non-Interest Expense |
742.56M | 501.98M | 497.44M | 506.52M | 583.14M | |
Labor & Related Expense |
- | 282.57M | 285.86M | 271.49M | 368.45M | |
Equipment Expense |
- | 39.43M | 61.61M | 61.73M | 62.9M | |
Other Operating Expense |
239.09M | 152.3M | 90.13M | 114.11M | 118.53M | |
Operating Income |
602.27M | 630.98M | 633.66M | 293.67M | 808.34M | |
Operating Income Growth |
- | 4.77% | 0.42% | -53.65% | 175.25% | |
Operating Income Margin |
- | - | - | - | 36.83% | NA |
Non-Operating Income (Expense) |
- | 4.11M | (367,000) | 14.99M | 23.41M | |
Non-Operating Interest Income |
- | - | - | - | - | |
Miscellaneous Non Operating Expense |
- | - | - | - | 296,000 | |
Equity in Affiliates (Pretax) |
- | 3.81M | (567,000) | 14.98M | 23.12M | |
Unusual Expense |
34.7M | 1.77M | 349,000 | 1.47B | 9.42M | |
Pretax Income |
567.57M | 633.32M | 632.94M | (1.16B) | 822.33M | |
Pretax Income Growth |
- | 11.58% | -0.06% | -283.65% | 170.74% | |
Pretax Margin |
- | - | - | - | 34.71% | NA |
Income Taxes |
143.96M | 167.98M | 164.3M | 75.17M | 215.38M | |
Income Tax - Current - Domestic |
- | 170.38M | 148.38M | 105.69M | - | |
Income Tax - Current - Foreign |
- | - | - | - | - | |
Income Tax - Deferred - Domestic |
- | (2.4M) | 15.92M | (30.52M) | 29.07M | |
Income Tax - Deferred - Foreign |
- | - | - | - | - | |
Income Tax Credits |
- | - | - | - | - | |
Equity in Affiliates |
- | - | - | - | - | |
Other After Tax Income (Expense) |
(7.47M) | (5.12M) | (5.18M) | (1.78M) | (10.25M) | |
Consolidated Net Income |
416.14M | 460.22M | 463.45M | (1.24B) | 596.71M | |
Minority Interest Expense |
- | - | - | - | - | |
Net Income |
416.14M | 460.22M | 463.45M | (1.24B) | 596.71M | |
Net Income Growth |
- | 10.59% | 0.70% | -367.42% | 148.15% | |
Net Margin |
- | - | - | - | 25.45% | NA |
Extraordinaries & Discontinued Operations |
- | - | - | - | - | |
Extra Items & Gain/Loss Sale Of Assets |
- | - | - | - | - | |
Cumulative Effect - Accounting Chg |
- | - | - | - | - | |
Discontinued Operations |
- | - | - | - | - | |
Net Income After Extraordinaries |
- | - | - | - | - | |
Preferred Dividends |
19.34M | - | - | - | - | |
Net Income Available to Common |
396.8M | 460.22M | 463.45M | (1.24B) | 596.71M | |
EPS (Basic) |
3.37 | 3.72 | 3.90 | (10.61) | 5.10 | |
EPS (Basic) Growth |
- | 10.35% | 4.66% | -372.25% | 148.05% | |
Basic Shares Outstanding |
117.63M | 123.64M | 118.97M | 116.85M | 117.09M | |
EPS (Diluted) |
3.37 | 3.72 | 3.90 | (10.61) | 5.10 | |
EPS (Diluted) Growth |
- | 10.35% | 4.66% | -372.25% | 148.05% | |
Diluted Shares Outstanding |
117.63M | 123.64M | 118.97M | 116.85M | 117.09M | |