Pacwest Bancorp (PACW) Annual Income Statement

Annual · GAAP · USD millions
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This income statement overview for Pacwest Bancorp spans from Dec 31 2018 to Dec 31 2022, showing how the company's revenues, expenses, and earnings have changed across reporting periods.
Annual Report, GAAP in USD millions
ITEM
(Dec 31 2022)
2022
(Dec 31 2021) (Dec 31 2020) (Dec 31 2019) (Dec 31 2018)
Revenues
Interest and Fee Income, Loans and Leases1,312.58
Interest and Dividend Income, Securities, Operating209.75
Interest Income, Deposits with Financial Institutions34.16
Total Interest Income1,556.49
Interest Expense, Deposits200.45
Interest Expense, Long-term Debt and Capital Securities39.63
Total Interest Expense265.73
Net Interest Income1,290.76
Provision for loan losses24.50
Total Net Interest Income1,266.26
Service Fees, Investment Banking, Brokerage and Other Transactions0.00
Operating LeaseLease Income50.59
Operating Leases, Income Statement, Lease Revenue0.00
Noninterest Income, Other Operating Income17.32
Loss / Gain on Investment-50.32
Other Non-Interest Income-40.76
Total Non-interest Income74.83
Total Revenues1,341.09
Costs & Expenses
Salaries & employee benefits, SGA406.84
Restructuring, Accretion & impairment charges29.00
Depreciation & Amortization13.58
Communications, Occupancy and Information Technology60.96
Professional Fees30.28
Federal Deposit Insurance Corporation Premium Expense25.49
Other Noninterest Expense51.73
Other loss /-income99.15
Total Operating Expenses773.52
Total Costs & Expenses1,039.25
Income & Taxes
Income /-loss before income taxes567.57
Income taxes expenses/-benefit143.96
Income after income taxes423.61
Net income/-loss of other equity0.00
Income /-loss after income taxes423.61
Net Income/-loss423.61
Preferred dividends19.34
Income/-loss to shareholder404.27
Earnings Per Share
Basic EPS (excl. extra items)3.37
Basic Net EPS3.37
Basic shares outstanding (Mill. of Units)117.63
Diluted Net EPS3.37
Diluted average shares (Mill. of Units)117.63
Dividend per share1.00
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About PACW Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: n/a

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.