PACWEST BANCORP (NASDAQ:PACW) Files An 8-K Other Events

ME Staff 8-k
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PACWEST BANCORP (NASDAQ:PACW) Files An 8-K Other Events
Item 8.01. Other Events.*

PacWest Bancorp issued a press release today announcing an increase in the quarterly cash dividend rate to be paid to its stockholders to $0.60 per common share from the previous quarterly dividend rate of $0.50 per common share. The increased dividend will be payable on May31, 2018 to stockholders of record as of May21, 2018. The press release announcing the increase in the quarterly cash dividend rate is attached as Exhibit99.1 to this report and is incorporated by reference herein.

Item 9.01 Financial Statements and Exhibits.*

(d) Exhibits.

*The information furnished under Item 8.01 and Item 9.01 of this Current Report on Form8-K, including the exhibit, shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section, nor shall it be deemed incorporated by reference in any registration statement or other filings of PacWest Bancorp under the Securities Act of 1933, as amended, except as shall be set forth by specific reference in such filing.


PACWEST BANCORP Exhibit
EX-99.1 2 a18-12111_1ex99d1.htm EX-99.1 Exhibit 99.1   PRESS RELEASE   PacWest Bancorp (Nasdaq: PACW)   Contact: Don D. Destino   Executive Vice President,…
To view the full exhibit click here

About PACWEST BANCORP (NASDAQ:PACW)

PacWest Bancorp is a bank holding company for Pacific Western Bank (the Bank). The Company is focused on relationship-based business banking to small, middle-market and venture-backed businesses. The Bank offers a range of loan and deposit products and services through approximately 80 branches located throughout the state of California. The Company provides commercial banking services, and deposit and treasury management services to small and middle-market businesses. It offers products and services under the brand names of Pacific Western, as well as its business groups, CapitalSource Inc. and Square 1 Bank. CapitalSource focuses on providing cash flow, asset-based, equipment and real estate loans and treasury management services to middle market businesses. Square 1 Bank focuses on providing a range of financial products to service entrepreneurial businesses and their venture capital and private equity investors.