Pacific West Bancorp reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was USD 2.15 million. Net loss was USD 0.205 million. Basic loss per share from continuing operations was USD 0.08. Diluted loss per share from continuing operations was USD 0.08.
For the nine months, net interest income was USD 6.87 million compared to USD 7.14 million a year ago. Net loss was USD 0.091 million compared to net income of USD 1.28 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to basic earnings per share from continuing operations of USD 0.48 a year ago. Diluted loss per share from continuing operations was USD 0.03 compared to diluted earnings per share from continuing operations of USD 0.48 a year ago.