No insider purchase over the last 90 days. The latest was filed 13 Mar 2023.
Pacwest Bancorp belongs to the Finance & Banking sector. Filings by its managers are published through SEC (Form 4). No insider at Pacwest Bancorp has published a filing in the past twelve months. The most recent one dates from 1 December 2023.
Our records for Pacwest Bancorp go back to 2016, with 27 purchases and 7 sales on the open market in total.
For comparison within the same sector, see the insider buying recorded at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2022 · cache
25 of 150 declarations
PacWest Bancorp was a U.S. bank holding company built around commercial banking and specialized finance. Historically, it was headquartered in Beverly Hills, California, and operated as a U.S.-listed equity name associated with the PACW ticker on the American stock market (NYSE/NASDAQ context). Its principal business was to own Pacific Western Bank, the main banking subsidiary that served entrepreneurs, middle-market companies, real estate investors, and other growth-oriented clients. In other words, PacWest was not a mass retail bank; it was more of a relationship-driven commercial lender with a niche, specialized credit profile. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1102112/000162828022013054/R8.htm?utm_source=openai))
The company was founded in 1999 and expanded through a combination of organic growth and acquisitions. Over time, PacWest built capabilities in commercial lending, real estate finance, equipment finance, and other specialty banking verticals. Its history also included branded platforms such as CapitalSource and Square 1 Bank, which reflected a strategy focused on higher-value lending niches rather than plain-vanilla consumer banking. That positioning helped the company compete for clients that needed customized credit structures, sector expertise, and a more hands-on banking relationship. ([craft.co](https://craft.co/pacwest-bancorp?utm_source=openai))
From a product perspective, PacWest offered commercial loans, commercial real estate lending, SBA loans, equipment financing, operating lines of credit, and deposit and treasury solutions. Its core appeal was its ability to provide tailored financing to businesses and property investors, especially in the middle-market and sponsor-backed segments. Geographically, the franchise was strongest in California, with a broader U.S. footprint in selected lending categories. This made PacWest a regional specialist with national ambitions in targeted lines of business, rather than a broad, coast-to-coast universal bank. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1102112/000162828023005257/pacw-20221231.htm?utm_source=openai))
A key recent development reshaped the investment case: on November 30, 2023, PacWest Bancorp merged with Banc of California, Inc., with Banc of California remaining the surviving legal entity and Pacific Western Bank continuing under the Banc of California brand. As a result, the standalone PacWest story is now primarily relevant from a historical, SEC-filing, and legacy-insider-reporting standpoint. For investors monitoring SEC Form 4 activity, this merger is important because many filings and ownership references after the transaction need to be interpreted in the context of the combined company rather than the pre-merger PacWest structure. ([sec.gov](https://www.sec.gov/Archives/edgar/data/1169770/000162828024007933/banc-20231231.htm?utm_source=openai))
Purchases our model currently ranks for the recommendations list.
All recommendations| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2022 | n.d. | 423.6 m USD | 3.37 USD | 1.35 USD | 10-K |
| Dec 2021 | n.d. | 607.0 m USD | 5.10 USD | 1.00 USD | 10-K |
| Dec 2020 | n.d. | -1.24 bn USD | -10.61 USD | 1.00 USD | 10-K |
| Dec 2019 | n.d. | 468.6 m USD | 3.90 USD | 1.00 USD | 10-K |
| Dec 2018 | n.d. | 465.3 m USD | 3.72 USD | 1.35 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.