PacWest Banc (NASDAQ: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.
Earnings
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.
Past Earnings Performance
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.
