PACWEST BANCORP (PACW) Exec Vice President and CFO Victor R Santoro sells 10,000 Shares

Exec Vice President and CFO of PACWEST BANCORP (PACW, Financial) Victor R Santoro sells 10,000 shares of PACW on 12/14/2009 at an average price of $18.33 a share.

PACWEST BANCORP, formerly First Community Bancorp, with one wholly-owned banking subsidiary, Pacific Western Bank. Through sixty full-service community banking branches, Pacific Western provides commercial banking services, including real estate, construction and commercial loans, to small and medium-sized businesses. Pacific Western's branches are located in Los Angeles, Orange, Riverside, San Diego and San Bernardino Counties. Through its subsidiary BFI Business Finance and its divisions First Community Financial and Pacific Western SBA Lending, Pacific Western also provides working capital financing to growing companies located throughout the Southwest, primarily in the states of Arizona, California and Texas. Pacwest Bancorp has a market cap of $647 million; its shares were traded at around $18.45 with and P/S ratio of 2.1. The dividend yield of Pacwest Bancorp stocks is 0.2%.

PACW is in the portfolios of NWQ Managers of NWQ Investment Management Co, Bruce Kovner of Caxton Associates.

Directors and Officers Recent Trades:

  • Buy:: President Michael J Perdue bought 1,065 shares of PACW stock on 07/27/2009 at the average price of 15.39, the price of the stock has increased by 19.88% since

  • Sell:: Director Robert A Stine sold 7,000 shares of PACW stock on 08/13/2009 at the average price of 18, the price of the stock has increased by 2.5% since

  • Sell:: Executive Vice President Mark A Christian sold 3,000 shares of PACW stock on 08/04/2009 at the average price of 17.52, the price of the stock has increased by 5.31% since

  • Sell:: Director Mark N Baker sold 5,000 shares of PACW stock on 07/30/2009 at the average price of 16.04, the price of the stock has increased by 15.02% since