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PACW / PacWest plummets after suffering mass deposit withdrawals

PacWest plummets after suffering mass deposit withdrawals
PacWest Bancorp was knocked 25% lower when the US trading session opened on Thursday following news of a significant decline in deposits hitting the regional bank last week. During the week ending on May 5, PacWest reported a decline of approximately 9.5% in deposits, with the majority of the outflows occurring on May 4 and May 5 following news reports speculating about the bank's future plans. Read More
Posted: May 11 2023, 10:17
Author Name: Proactive Investors
Views: 112219

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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