PACW - PacWest Bancorp Non-GAAP EPS of $0.22 beats by $0.03 Net interest income of $186.08M
2023-07-25 17:59:25 ET
- PacWest Bancorp press release ( NASDAQ: PACW ): Q2 Non-GAAP EPS of $0.22 beats by $0.03 .
- Net interest income of $186.08M (-42.6% Y/Y).
- All risk-based capital ratios increased from March 31, 2023, with CET1 increasing from 9.21% to 11.16%
- Loans to deposits ratio decreased to 81.5% at June 30, 2023 from 101.0% at March 31, 2023
- Operational efficiency initiative is ongoing with continued optimization of resources, contracts, facilities, and processes
- Shares +40.44% AH.
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PacWest Bancorp Non-GAAP EPS of $0.22 beats by $0.03, Net interest income of $186.08M