PACW News and Press, PacWest Bancorp From 05/05/23

2023-05-05 16:15:00 ET The U.S. regional bank fumbles keep happening, with stocks retreating on the back of the latest round of pressure coming, as PacWest Bancorp ( NASDAQ:PACW ) tanked more than 50%. It’s ugly out there for the investors in the regionals. It’s hard t...

2023-05-05 14:04:58 ET Summary Upstart investors saw its stock fall further in April, nearly re-testing December 2022 lows. The market has likely priced in further weakness for its upcoming Q1 earnings, worsened by the headwinds from the recent banking crisis. Could Upstart be...

2023-05-05 13:20:00 ET Summary I do not think our banking crisis is over. Much of this centers on the Fed raising rates too far and too fast, which is causing all kinds of havoc, especially our community and regional banks. All the members of the KBW Bank Index, including some of ...

PacWest Bancorp (NASDAQ: PACW) is one of today's top gainers. The company's shares are currently up 78.39% on the day to $5.66. PacWest Bancorp operates as the bank holding company for Pacific Western Bank that provides various banking products and services. The company accepts demand, money m...

2023-05-05 12:44:55 ET Summary PacWest Bancorp has seen its shares take another leg lower in the aftermath of the First Republic Bank takeover by JPMorgan Chase & Co. Uncertainty is very high, as the declining PacWest Bancorp share price may create a self-fulfilling prophecy h...

2023-05-05 12:05:11 ET Gainers: PacWest Bancorp ( PACW ) +78% . Related here . Western Alliance Bancorporation ( WAL ) +36% . Redfin ( RDFN ) +31% on results , ratings action . Opendoor Technologies ( OPEN ) +27% on Q1 resu...

2023-05-05 11:58:46 ET After a brutal week for the sector, bank stocks rebounded today despite a hotter-than-expected jobs report. The SPDR S&P Regional Banking ETF had jumped roughly 6% as of this writing. Shares of PacWest Bancorp (NASDAQ: PACW) , which has been under ...

2023-05-05 11:44:47 ET Summary PacWest faces intense media attention that may well lead to a self-fulfilling cycle. However, unlike recently infamous peers, PacWest's capital position is comparatively strong. In building on our previous article, we present adjusted regulatory ...

2023-05-05 11:00:41 ET Regional bank stocks rebounded in early Friday trading after slumping the first four days of the week on fears over deposits, regulation, and overall stability of small- to mid-sized banks. The KBW Nasdaq Regional Banking Index ( KRX ) rose 3.5% at 10:48 A...

2023-05-05 06:30:57 ET Summary Oil prices have taken a beating in recent days, with crude prices falling over 14% so far this year. This has been caused by concerns surrounding the global economy, but action is likely overplayed at this point. The dollar may be having a role t...