Financial Statements

PacWest Bancorp (PACW)

$30.51

+0.41 (+1.36%)
Income Statement
Balance Sheet
Cash Flow

Income Statement

All numbers are in thousands

Retained Earning Schedule

Year 2021 2020 2019 2018 2017
Retained Earnings (Previous Year) 4091,6521,183723-
Net Income 607-1,238469465358
Stock Dividends 119154290282613
Dividend Paid -119-160-289-288-247
Retained Earnings 1,0164091,6521,183723

PPE Schedule

Year 2021 2020 2019 2018 2017
Gross PPE 493492327316-
Annual Depreciation 576023552398
Capital Expenditure -48-59-70-41-82
Net PPE 502493492327316

Intangible and Goodwill Schedule

Year 2021 2020 2019 2018 2017
Intangible and Goodwill (Previous Year) -2,5492,5492,5491,079
New Purchases -1,298-1,181-1,569-1,925-6,864
Intangible and Goodwill 2,5492,5492,5491,0791,406

PacWest Bancorp income statement is the only one that provides an overview of company sales and net income
The reasoning behind the adjustment, however, is that free cash flow is meant to measure money being spent right now, not transactions that happened in the past. This makes PacWest Bancorp FCF a useful instrument for identifying growing companies with high up-front costs, which may eat into earnings now but have the potential to pay off later.