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.

Earnings

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.

Past Earnings Performance

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:

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