Pacwest Bancorp Announces Results For Q4 And Full Year 2022

Pacwest Bancorp (PACW.O):

• ANNOUNCES RESULTS FOR THE FOURTH QUARTER AND FULL YEAR 2022

• QTRLY EARNINGS PER SHARE $0.33

• NET INTEREST INCOME DECREASED BY $12.2 MILLION TO $322.9 MILLION FOR Q4 OF 2022 COMPARED TO $335.2 MILLION FOR Q3 OF 2022

• PROVISION FOR CREDIT LOSSES WAS $10.0 MILLION FOR Q4 OF 2022 COMPARED TO $3.0 MILLION FOR Q3 OF 2022

• Q4 EARNINGS PER SHARE VIEW $0.97 — REFINITIV IBES DATA