PacWest Banc: Q1 Earnings Insights

PacWest Banc PACW reported its Q1 earnings results on Tuesday, April 19, 2022 at 04:30 PM.

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

PacWest Banc missed estimated earnings by 2.88%, reporting an EPS of $1.01 versus an estimate of $1.04.

Revenue was up $23.44 million from the same period last year.

Last quarter the company beat on EPS by $0.14 which was followed by a 0.17% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	1	1.03	0.97	0.91
EPS Actual	1.14	1.17	1.52	1.27
Revenue Estimate	334.94M	316.41M	304.68M	294.05M
Revenue Actual	357.79M	327.19M	306.68M	306.10M

To track all earnings releases for PacWest Banc visit their earnings calendar here..

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