PACW News and Press, PacWest Bancorp From 07/18/23

2023-07-18 11:55:23 ET Gainers: Prestige Wealth ( PWM ) +25% . The Charles Schwab ( SCHW ) +11% on Q2 earnings . PacWest Bancorp ( PACW ) +9% . HomeStreet ( HMST ) +9% . Mercantile Bank ( MBWM ) +9% on dividend raise ...

2023-07-13 15:36:00 ET Banks start releasing Q2 2023 earnings on Friday, leading off with JPMorgan Chase ( NYSE: JPM ), Citigroup ( NYSE: C ), and Wells Fargo ( NYSE: WFC ). For the most part, Q2 earnings expectations have been lowered for the biggest banks. Anal...

2023-07-07 12:03:47 ET PacWest Bancorp (NASDAQ: PACW) made a bit of a rebound in June with a 26.4% gain, according to S&P Global Market Intelligence . However, PacWest is still down by about 65% year to date, trading at just over $8 per share as of July 7. June was a goo...

2023-07-05 06:30:00 ET Summary Matthew Tuttle and Rob Isbitts dissect myths and facts in today's stock market. S&P 500, Dow, and Nasdaq - price is all that matters. Problematic small caps. Yield curve creep. Listen to the podcast below or on the go via Appl...

2023-07-01 09:00:00 ET Summary John's retirement accounts generated a total of $1,398.58 of dividend income for May 2023 vs. $1,166.62 of dividend income for May 2022. John's Traditional IRA had a balance of $328.9K as of May 31, 2023, vs. $374.8K on May 31, 2022. The estimated an...

2023-06-30 09:36:05 ET Summary July is upon us: time for investors to evaluate mid-year portfolio performance and consider potential re-balances. Discussing investment results, my biggest winning and losing positions in Q2, and my ratings for various stocks as we enter a new quart...

2023-06-29 13:20:02 ET Bank stocks rose this week on seemingly good news out of PacWest Bancorp (NASDAQ: PACW) and as the large and super-regional banks breezed through the Federal Reserve's annual stress testing. Shares of PacWest Bancorp traded roughly 16.5% higher for the wee...

2023-06-28 10:36:37 ET Summary PacWest Bancorp has entered into an agreement to sell a large portion of their Lender Finance portfolio to Ares Management Corporation to boost liquidity and pay down debt, following a significant drop in their share price due to the banking sector's unc...

2023-06-28 05:15:00 ET Summary Bireme Capital's Fundamental Value returned 8.0% net of fees in the first 5 months of 2023, slightly trailing the S&P 500. Equities are priced for a Goldilocks economic scenario: not too hot, not too cold. Bireme Capital initiated a significa...

2023-06-27 06:14:14 ET Summary Regional Banks have all the characteristics of Schrodinger's Cat. They appear phenomenally cheap on current earnings. They are dead in the water when you price in a reasonable cost of funds. We look at two popular funds and tell you how you s...