PacWest Banc (NASDAQ: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:
| 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 |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
