Banc of California and PacWest secure merger approval
Shareholders at Banc of California (NYSE:BANC) and PacWest Bancorp (NASDAQ:PACW) have given their nod to a strategic merger, setting the stage for the creation of a significant...
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PacWest News & Analysis
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Pacwest Bancorp Declares $0.01 Quarterly Dividend; 0.6% Yield
Pacwest Bancorp (PACW) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.The dividend will be payable on November 27, 2023, to stockholders of record on November 13,...
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Wedbush maintains PacWest at 'neutral' with a price target of $7.00
An analyst from Wedbush maintained PacWest (NASDAQ: PACW) at 'neutral' with a price target of $7.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest had 3 buy...
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PacWest earnings missed by $0.36, revenue fell short of estimates
Investing.com - PacWest (NASDAQ: PACW) reported third quarter EPS of $-0.31, $0.36 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $174.54M versus the consensus...
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Banc of California and PacWest Bancorp Merger Receives Regulatory Approval
The merger between Banc of California (NYSE:BANC), Inc. and PacWest Bancorp has taken a significant step forward with approvals from the Federal Reserve System and the California...
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Wells Fargo maintains PacWest at 'equal weight' with a price target of $9.00
An analyst from Wells Fargo maintained PacWest (NASDAQ: PACW) at 'equal weight' with a price target of $9.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest...
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: Banc of California crafts $4.1B community lending program as it merges with PacWest
Banc of California Inc. BANC said Tuesday it will run a $4.1 billion, three-year community lending program with Rise Economy, which was formerly called California Reinvestment Coalition...
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Truist Securities maintains PacWest at 'hold' with a price target of $8.00
An analyst from Truist Securities maintained PacWest (NASDAQ: PACW) at 'hold' with a price target of $8.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest had...
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Pacwest Bancorp Declares $0.01 Quarterly Dividend; 0.4% Yield
Pacwest Bancorp (NASDAQ:PACW) declared a quarterly dividend of $0.01 per share, or $0.04 annualized.The dividend will be payable on August 31, 2023, to stockholders of record on August 15,...
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DA Davidson upgrades PacWest to 'buy' with a price target of $14.00
An analyst from DA Davidson upgraded PacWest (NASDAQ: PACW) from 'hold' to 'buy' with a price target of $14.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest...
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4 big deal reports: Biogen shells out $7.3B for Reata Pharma
Investing.com -- Here is your Pro Recap of 4 head-turning deal dispatches you may have missed last week: merger deals at |Biogen/Reata Pharmaceuticals, Banc of California/PacWest, Maxlinear...
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JPMorgan To Buy Almost $2 Billion Of Mortgages In PacWest Deal - Bloomberg
JPMorgan (NYSE:JPM) To Buy Almost $2 Billion Of Mortgages In Pacwest Deal - Bloomberg
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PacWest earnings beat by $0.88, revenue topped estimates
Investing.com - PacWest (NASDAQ: PACW) reported second quarter EPS of $0.22, $0.88 better than the analyst estimate of $-0.66. Revenue for the quarter came in at $186.08M versus the...
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After-hours movers: Alphabet surges on earnings beat, Snap sinks
After-Hours Stock Movers PacWest Bancorp (NASDAQ:PACW) 28% HIGHER; Banc of California (NYSE:BANC) and PacWest Bancorp (PacWest) today announced the signing of a definitive agreement...
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Pacwest Bancorp to Resume Trading at 5 p.m.
Pacwest Bancorp (PACW) to Resume Trading at 5 p.m.
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Stock market today: Dow extends win streak as tech shines ahead of earnings
Investing.com -- The Dow extended its win streak Tuesday as tech reigned supreme ahead key week of earnings for the sector and the upcoming Federal Reverse decision due Wednesday. The Dow...
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Pacwest Bancorp Halted, News Pending
Pacwest Bancorp (PACW) halted, News Pending
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Banc of California in advanced talks to acquire PacWest Bancorp, shares react
Banc of California (NYSE:BANC) is currently engaged in advanced negotiations to acquire Pacwest Bancorp (NASDAQ:PACW), as lenders seek to strengthen their positions in the aftermath of a...
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Pacwest Bancorp halted on volatility, down 27%
Pacwest Bancorp (PACW) halted on volatility, down 27%
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Western Alliance Trades Lower Following Report Peer Pacwest Bancorp in Merger Talks
Western Alliance (WAL) Trades Lower Following Report Peer Pacwest Bancorp (PACW) in Merger Talks with Banc of California (BANC) Other reginal banks on watch
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Stock market today: Dow rallies to keep win streak alive as energy powers ahead
Investing.com -- The Dow closed Monday, extending its daily win streak to an eleventh-straight gain, supported by a rally in energy as investors continue to digest better-than-expected...
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S&P 500 higher ahead of big tech earnings, Fed decision
Investing.com -- The S&P 500 rose Monday, underpinned by a rally in energy as investors continue to digest better-than-expected quarterly results of reports from big tech and the Federal...
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Truist Securities maintains PacWest at 'hold' with a price target of $10.00
An analyst from Truist Securities maintained PacWest (NASDAQ: PACW) at 'hold' with a price target of $10.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest...
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Several regional banks gain as large banks pass U.S. stress test
Several regional banks gained after-hours after the largest U.S. banks passed the Fed's annual stress test:Pacwest Bancorp (PACW) +3.9%Western Alliance Bancorporation (WAL) +1.9%Zions...
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Tesla, Alphabet fall premarket; Moderna, Lucid Group rise
Investing.com -- Stocks in focus in premarket trade on Monday, June 26th. Please refresh for updates. Tesla (NASDAQ:TSLA) stock fell 1.4% after Goldman Sachs downgraded its stance on the EV...
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Pacwest gains after selling $3.5 billion worth of loans to Ares
Ares Management Corp (NYSE:ARES) said today that it completed the purchase of a $3.5 billion specialty finance loan portfolio from PacWest Bancorp (NASDAQ:PACW). Originally a part of...
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Odeon Capital initiates coverage of PacWest at 'hold' with a price target of $8.75
An analyst from Odeon Capital initiated coverage of PacWest (NASDAQ: PACW) at 'hold' with a price target of $8.75. Prior to this rating, PacWest had 3 buy ratings, 7 hold ratings, and 0...
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Kohl's, Urban Outfitters, Abercrombie & Fitch rise premarket; XPeng, Agilent fall
Investing.com -- Stocks in focus in premarket trade on Wednesday, May 24th. Please refresh for updates. Kohl’s (NYSE:KSS) stock soared 11.6% after the retailer {{erl-8148||reported a...
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PacWest shares rise after regional bank sells real estate lending unit
Investing.com -- Shares in PacWest Bancorp (NASDAQ:PACW) surged on Wednesday after the embattled regional bank reached a deal to sell its real estate lending division. New York-based Roc...
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Stock market today: Dow closes lower as debt-ceiling standoff, slip in tech bite
Investing.com -- The Dow closed Tuesday lower on growing jitters about a U.S. default after lawmakers ended another round of debt-ceiling talks without a deal. The S&P 500 was down 1.1%,...
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S&P 500 slips as debt ceiling impasse weighs
By Yasin Ebrahim Investing.com -- The S&P 500 slipped Tuesday on growing jitters about a U.S. default after lawmakers ended another round of debt-ceiling talks without a deal. The...
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Lowe's, AutoZone, Alibaba fall premarket; Yelp, Dick's Sporting Goods rise
Investing.com -- Stocks in focus in premarket trade on Tuesday, May 23rd. Please refresh for updates. Lowe’s (NYSE:LOW) stock fell 1.6% after the home improvement chain reported a...
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DA Davidson maintains PacWest at 'neutral' with a price target of $8.00
An analyst from DA Davidson maintained PacWest (NASDAQ: PACW) at 'neutral' with a price target of $8.00 from a prior price target of %currency%%price%. Prior to this rating, PacWest had 4...
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Midday movers: Micron Technology, PDC Energy, PacWest Bancorp and more
Investing.com -- Stocks are mixed as investors await clarity on the direction and outcome of debt ceiling negotiations in Washington. Here are the market movers for May 22. Micron Technology...
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Micron, Meta Platforms, Apple fall premarket; DraftKings, PacWest rise
Investing.com -- Stocks in focus in premarket trade on Monday, May 22nd. Please refresh for updates. Micron (NASDAQ:MU) stock fell 4.3% after China prohibited major local infrastructure...
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