PACWP News and Press, PacWest Bancorp Depositary Shares Each Representing a 1/40th Interest in a Share of 7.75% Fixed Rate Non-Cumulative Perpetual Preferred Stock Series A

2023-11-09 15:57:34 ET More on PacWest Bancorp DEP SHS REP 1/4OTH INT NON CUM PERP SR A PacWest And Banc of California: Merger Will Likely Unlock More Potential PacWest Bancorp: Are The 9.6% Yielding Preferreds Still A Buy? Historical earnings data for PacWest Bancor...

2023-10-25 02:29:49 ET Summary Banc of California and Pacific Western Bank are merging, creating a combined company with over 70 branches in California. The merger is a lifeline for PacWest, but at the same time, unlocks great potential for the combined company. At current pri...

2023-09-11 16:33:53 ET Summary 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. The merger with Banc of California has materially derisked their investment profile. Pac...

2023-08-16 05:11:35 ET Summary Michael Burry closed out most of his Q1 positions in the second quarter, reducing positions in Signet Jewelers, Liberty Latin America, and New York Community Bancorp. Burry more than doubled his position in The RealReal Inc. and added shares of The G...

2023-08-14 18:28:01 ET Summary Michael Burry has bet close to $1.6 billion on a stock market crash, loading up on put options against the U.S. stock market. Burry trimmed his positions in regional bank shares and exited his bets on China e-commerce giants JD.Com and Alibaba. A...

2023-08-12 09:30:00 ET Summary Gator Capital Management is an investment manager specializing in managing non-diversified, concentrated portfolios stocks. Our goal is to create wealth for our clients by outperforming the market benchmarks. Gator Financial Partners outperformed the...

2023-08-11 09:34:28 ET Summary John's retirement accounts generated a total of $3,162.53 of dividend income for June 2023 vs. $2,513.47 of dividend income for June 2022. John's Traditional IRA had a balance of $339.9K as of June 30, 2023, vs. $344K on June 30, 2022. The estimated ...

2023-08-04 13:15:03 ET Summary Unemployment remains at 3.5% with slight revisions to previous NFP numbers. Employment increased by 187,000 in July, led by healthcare, social assistance, financial activities, and wholesale trade. The S&P 500 holds at the 4,500 range, with a...

2023-08-01 01:59:28 ET Summary After covering second-quarter corporate insider activity among mid-cap and large-caps, today's article will cover on the most interesting insider purchases for small-cap companies. Corporate insiders at American Assets Trust, National Vision, Skillz,...

2023-07-26 16:00:19 ET PacWest Bancorp (PACW) Q2 2023 Earnings Conference Call July 26, 2023, 11:00 ET Company Participants Jared Wolff - President, CEO & Chairman, Banc of California, Inc. Paul Taylor - CEO, President & Director, PacWest Bancorp Joseph K...