Recap: PacWest Banc Q4 Earnings

PacWest Banc PACW reported its Q4 earnings results on Wednesday, January 19, 2022 at 04:30 PM.

Here's what investors need to know about the announcement.

PacWest Banc beat estimated earnings by 14.0%, reporting an EPS of $1.14 versus an estimate of $1.0, which surprised analysts.

Revenue was up $58.73 million from the same period last year.

Last quarter the company beat on EPS by $0.14, which was followed by a 0.48% drop in the share price the next day.

Here's a look at PacWest Banc's past performance:

Quarter	Q3 2021	Q2 2021	Q1 2021	Q4 2020
EPS Estimate	1.03	0.97	0.91	0.67
EPS Actual	1.17	1.52	1.27	0.99
Revenue Estimate	316.41M	304.68M	294.05M	283.06M
Revenue Actual	327.19M	306.68M	306.10M	299.06M

To track all upcoming earnings announcements, click to use Benzinga Earnings Calendar.

This article was generated by Benzinga's automated content engine and reviewed by an editor.