PacWest Bancorp

PacWest Bancorp is a bank holding company, which specializes in financial and banking solutions. It offers commercial banking services including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses through the Pacific Western Bank. The company was founded on October 22, 1999, and is headquartered in Beverly Hills, CA.

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PacWest Bancorp restructures for growth, faces deposit challenges ahead

PacWest Bancorp's Q4 call highlighted strategic shifts, financial goals, and a focus on stability amidst economic challenges.
Management's alignment with the new plan, commitment to technology, and solid credit quality position the company for growth.
Challenges in deposit gathering, potential Fed rate impacts, and criticized loans require attention for sustained performance.

PacWest Bancorp beats estimates, focuses on stability and growth

PacWest Bancorp navigated challenges with resilience, reporting strong financial performance and stable credit quality amidst deposit fluctuations.
The company's focus on liquidity, expense management, and capital optimization positions it well for future growth and profitability.
Strategic initiatives to enhance operational efficiency and explore new revenue streams underscore PacWest's commitment to long-term value creation.

PacWest Bancorp and Banc of California merger set for growth

The merger between PacWest Bancorp and Banc of California is poised to deliver immediate benefits and long-term value through enhanced financial metrics and operational efficiencies.
While facing challenges in a slow economy and cost savings targets, the combined company has clear strengths in product offerings, funding profile, and talent retention strategies.
Strategic initiatives, conservative growth projections, and a focus on technology integration and fee revenue generation present opportunities for sustainable growth and profitability post-merger.

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CIG International's staff is experienced in all aspects of residential development and finance. Their years of highly focused real estate and investment experience allow us to make informed decisions that will directly meet the needs and goals of their clients. Please click on a name below to read more about a staff member's background and experience.

First Republic

Western Alliance Bancorporation

Markets are still recovering from last week's catastrophic events when SVB Financial's (NASDAQ: SIVB ) principal subsidiary, Silicon Valley Bank collapsed. When the financial institution announced an inability to cover its losses and a plan to issue new shares, it triggered a bank run that ultimately caused the U.S. government to step in and take control.

Warning! 3 More Bank Stocks That Could Collapse Next.

First Republic Bank and other regional lenders Tuesday clawed back from their worst selloff in three years, a sign that regulators' emergency measures to contain a banking crisis are calming investors.

Regional Banks Stage Big Rally Following Monday Rout

The collapse of SVB Financial Group and Signature Bank had investors panicking about other potential bank runs yesterday. First Republic, Western Alliance, and PacWest do have unrealized losses sitting in their bond portfolios.

Why First Republic, Western Alliance, and PacWest Bancorp Shares Are Rocketing Higher Today

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“Value ranking looks at the price of a stock relative to intrinsic firm value. Graham Value Stocks match the criteria. Benjamin Graham followed. “ - YCharts Value Screener. 68 March Value Rank and Graham Formula results reflect established value-stock detection criteria. Of those, 48 met the dogcatcher ideal of dividends from $1K invested exceeding single-share-stock-prices.

48 Ideal Ben Graham Gift Dogs: March Value Buys

PacWest Bancorp (NASDAQ: PACW ,NASDAQ: PACWP ) stock is on the rise Tuesday as bank stocks start to recover from the recent crash. Bank stocks underwent a major crash that started last week and continued into this week.

Why Is PacWest Bancorp (PACW) Stock Up 36% Today?

SVB Financial Group

Investors are worried that problems like those at SVB could manifest at First Republic, Western Alliance, and PacWest. These three banks have some similarities with SVB but are also significantly different.

How Similar Are Banks Like First Republic, Western Alliance, and PacWest to SVB Financial? Here's What We Know

Following the collapse of SVB Financial's (NASDAQ: SIVB ) subsidiary Silicon Valley Bank, attention gravitated toward other bank and financial stocks, such as PacWest Bancorp (NASDAQ: PACW ) stock. Last Friday, the bank holding company published a press release of its updated financial figures to reassure shareholders of its health.

Insiders Were Buying Up PacWest (PACW) Stock Ahead of Bank Stocks Crash

Ally Financial

Synovus Financial

Synchrony Financial

U.S. Bancorp

Last week's sell-off is now spreading more broadly, to other banks and even non-banking lenders. Investors are worried SVB Financial's failure is a sign that other banks are in similar trouble.

Why Bank Stocks Ranging From Ally Financial to U.S. Bank Are Crashing (Again) Today

Several PacWest Bancorp insiders bought the bank's stock late last week after it started to tumble, as SVB Financial Group's Silicon Valley Bank's troubles became public.

PacWest Bancorp insiders bought some stock as it tumbled last week

Goldman Sachs

JPMorgan Chase & Co

Signature Bank

U.S. Small and Mid-Sized Banks Plunge on SVB Debacle.

U.S. Small and Mid-Sized Banks Plunge on SVB Debacle

Charles Schwab

Truist Financial

Western Alliance and First Republic fell more than 75% Monday following the failures of its regional banking peers Silicon Valley Bank and Signature Bank.

Bank Stock Crash Intensifies: Losses Top $165 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny

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Despite the government's actions to boost confidence in the banking system, regional banks are under tremendous pressure. Several regional banks are down by 50% or more on Monday morning.

Why Are So Many Regional Banks Getting Crushed Today?

Bank of America

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Wells Fargo

Many bank stocks are sinking this morning on continued fears about their financial health. The worries are arising despite the U.S. government's decision, announced yesterday, to guarantee all of the deposits held by SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank, which was closed by federal and Californian regulators on Friday.

Why Are Bank Stocks SCHW, PACW, WAL, BAC, WFC, CS, GS, ALLY Down Today

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Stock markets fail to be reassured by Joe Biden's intervention, as SVB failure is followed by Signature

Silicon Valley Bank: global banking shares slide as fallout spreads

Comerica

To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group's SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87% , investors can check out the Nasdaq's “Current Trading Halts” page. Multiple banks have had their stock halted for volatility, some more than once, since the opening bell.

Stocks of multiple banks get halted for volatility, more than once, to start the trading day

Markets initially applauded federal efforts to shore up banks, but those gains quickly reversed course Monday morning. Shares of First Republic and Western Alliance were among the worst performers in premarket trading.

Why Bank Stock Investors Are Still Scared

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating potential securities claims on behalf of shareholders of PacWest Bancorp (NASDAQ: PACW) resulting from allegations that PacWest may have issued materially misleading business information to the investing public.

PACW INVESTOR NOTICE: ROSEN, GLOBAL INVESTOR COUNSEL, Encourages PacWest Bancorp Investors With Losses In Excess of $100K to Inquire About Securities Class Action Investigation – PACW

PacWest Bancorp (NASDAQ: PACW ) stock joins the growing list of bank stocks taking a beating on Monday as recent news worries investors. The news affecting bank stocks today is connected to the failure of SVB Financial  (NASDAQ: SIVB ).

Why Is PacWest Bancorp (PACW) Stock Down 45% Today?

CRZBY

Global banking shares plunged on Monday as moves by the United States to guarantee deposits at collapsed tech-focused lender Silicon Valley Bank failed to reassure investors that other banks remain financially sound.

Bank stocks plunge resumes as SVB market turmoil continues

PacWest is one of these smaller regional banks feeling the full fallout from the SVB Financial Group situation. Without massive interference by the government, continued deposit outflows should be expected for smaller and more challenged banks.

PacWest Bancorp: Too Uncertain To Get Involved

Citigroup

Some banks have paper losses on their debt holdings as high as 67% of their current stock price. As interest rates rose sharply the last 15 months because the Fed increased their Fed Funds target, bond prices dropped sharply.

A List Of Some Banks And Their Shocking Paper Losses On Debt Securities Holdings

LOS ANGELES, March 10, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company”), a bank holding company with $41 billion in assets, in light of recent industry events, updates the following financial (unaudited) information and reiterates its capital and liquidity strategy:

PacWest Bancorp Issues Updated Financial Figures; Reiterates Capital and Liquidity Strategy and Financial Position in Light of Industry Developments

Not helping matters is the Federal Reserve's plan for more interest rate hikes, which is what helped spark the downfall in Silicon Valley Bank.

First Republic and PacWest Bancorp plunge as fears of contagion grow following the biggest bank failure since 2008

A financial market fiasco out of Silicon Valley has pushed stocks down today, resulting in multiple trading halts. SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank has been seized by the U.S. government after making an announcement that triggered a bank run.

Halted Stocks Alert: Bank Stocks SIVB, FRC, PACW, WAL, SBNY, Face Trading Halts

The federal government's takeover of Silicon Valley Bank on Friday sent shock waves through the medical sector and hammered biotech stocks. The post Biotech, Banking Stocks On Fire As Federal Officials Seize SVB Deposits appeared first on Investor's Business Daily.

Biotech, Banking Stocks On Fire As Federal Officials Seize SVB Deposits

News for PacWest Bancorp Stock (PACW)