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PACW / PacWest Bancorp surges as dividend slashed, leading US regional banks higher

PacWest Bancorp surges as dividend slashed, leading US regional banks higher
PacWest Bancorp, the embattled US lender, saw a big jump in its stock price after drastically reducing its quarterly dividend. The move to pay a dividend of $0.01 per common share, compared with its usual payout of $0.25 cents, was aimed at bolstering its financial position in the face of economic uncertainty and industry volatility, the bank said in a statement. Read More
Posted: May 8 2023, 08:41
Author Name: Proactive Investors
Views: 122429

PACW News  

PacWest Bancorp (PACW) Reports Q3 Loss, Lags Revenue Estimates

By Zacks Investment Research
October 24, 2023

PacWest Bancorp (PACW) Reports Q3 Loss, Lags Revenue Estimates

PacWest Bancorp (PACW) came out with a quarterly loss of $0.31 per share versus the Zacks Consensus Estimate of $0.05. This compares to earnings of $1 more_horizontal

Analysts Estimate PacWest Bancorp (PACW) to Report a Decline in Earnings: What to Look Out for

By Zacks Investment Research
October 17, 2023

Analysts Estimate PacWest Bancorp (PACW) to Report a Decline in Earnings: What to Look Out for

PacWest (PACW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with t more_horizontal

Is the Options Market Predicting a Spike in PacWest Bancorp (PACW) Stock?

By Zacks Investment Research
October 13, 2023

Is the Options Market Predicting a Spike in PacWest Bancorp (PACW) Stock?

Investors need to pay close attention to PacWest Bancorp (PACW) stock based on the movements in the options market lately. more_horizontal

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

By Zacks Investment Research
September 29, 2023

Why Investors Need to Take Advantage of These 2 Finance Stocks Now

Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP. more_horizontal

PacWest Bancorp: Are The 9.6% Yielding Preferreds Still A Buy?

By Seeking Alpha
September 11, 2023

PacWest Bancorp: Are The 9.6% Yielding Preferreds Still A Buy?

PacWest's preferreds currently offer a 9.6% yield on cost. They're also still trading at a discount, this sits at around 20% or 80 cents on the dollar more_horizontal

Why PacWest Bancorp Stock Fell 14.6% in August

By The Motley Fool
September 6, 2023

Why PacWest Bancorp Stock Fell 14.6% in August

PacWest fell along with most banks last month, as the KBW Regional Banking index dropped 8.2% in August. PacWest is preparing to merge with Banc of Ca more_horizontal

Is the Options Market Predicting a Spike in PacWest Bancorp (PACW) Stock?

By Zacks Investment Research
August 25, 2023

Is the Options Market Predicting a Spike in PacWest Bancorp (PACW) Stock?

Investors need to pay close attention to PacWest Bancorp (PACW) stock based on the movements in the options market lately. more_horizontal

Why PacWest Bancorp Stock Fell 10.3% This Week

By The Motley Fool
August 18, 2023

Why PacWest Bancorp Stock Fell 10.3% This Week

A report from Fitch on bank ratings and a speech by the FDIC chair spooked bank investors. PacWest is in the process of merging with another Californi more_horizontal


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