Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). PacWest Bancorp's share price for the quarter that ended in Sep. 2023 was $7.91. PacWest Bancorp's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 120.0 Mil. Therefore, PacWest Bancorp's market cap for the quarter that ended in Sep. 2023 was $948.9 Mil.
PacWest Bancorp's quarterly market cap
declined
from Mar. 2023 ($1,170.0 Mil) to Jun. 2023 ($979.4 Mil) and
declined
from Jun. 2023 ($979.4 Mil) to Sep. 2023 ($948.9 Mil).
PacWest Bancorp's annual market cap
increased
from Dec. 2020 ($3,007.7 Mil) to Dec. 2021 ($5,401.7 Mil) but then
declined
from Dec. 2021 ($5,401.7 Mil) to Dec. 2022 ($2,759.1 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. PacWest Bancorp's Enterprise Value for Today is $1,238.1 Mil.
PacWest Bancorp Market Cap Historical Data
The historical data trend for PacWest Bancorp's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of PacWest Bancorp's Market Cap
For the Banks - Regional subindustry, PacWest Bancorp's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
PacWest Bancorp's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, PacWest Bancorp's Market Cap distribution charts can be found below:
* The bar in red indicates where PacWest Bancorp's Market Cap falls into.
PacWest Bancorp Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
PacWest Bancorp's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
PacWest Bancorp (NAS:PACW) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
PacWest Bancorp Market Cap Related Terms
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PacWest Bancorp (PacWest Bancorp) Business Description
PacWest Bancorp is a bank holding company with one wholly-owned banking subsidiary, Pacific Western Bank. The bank has tens of full-service branches mostly located throughout California. The bank provides commercial banking services, including real estate, construction, and commercial loans, as well as comprehensive deposit and treasury management services, to small and midsize businesses. The Bank also provides venture banking products including a comprehensive suite of financial services focused on entrepreneurial and venture-backed businesses. The vast majority of the bank's net revenue comes from net interest income.
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