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 From 05/02/23

2023-05-02 13:52:32 ET Summary One day after the seizure and sale of First Republic, fresh panic is gripping the banking sector, with fears centered on Beverly Hills-based PacWest Bancorp. The timing is curious. The new rout comes after a period of calm and coincides with the Milk...

2023-04-29 09:00:00 ET Summary John's retirement accounts generated a total of $3,063.24 of dividend income for March 2023 vs. $2,457.27 of dividend income for March 2022. John's Traditional IRA had a balance of $350.2K as of March 31, 2023, vs. $372.5K on March 31, 2022. The esti...

2023-04-27 12:46:04 ET Summary PacWest Bancorp is a California-based bank. Due to its geographical footprint, it has been wrongfully associated with names such as Silicon Valley Bank and Federal Republic Bank. The bank has just posted strong Q1 results, and executives have skillfu...

2023-04-26 19:11:02 ET PacWest Bancorp (PACW) Q1 2023 Earnings Conference Call April 26, 2023, 11:00 AM ET Company Participants William Black - Executive Vice President, Strategy and Corporate Development Paul Taylor - President and Chief Executive Officer Kevin ...

2023-04-26 00:15:28 ET Summary After bringing you the first quarter installment covering large-cap and mid-cap insider activity, today's article will focus on the latest insider activity within the small-cap range. We believe that insiders supply the market with high-quality infor...

2023-04-25 17:53:54 ET Gainers: PacWest Bancorp ( PACW ) +16% . PacWest Bancorp ( PACWP ) +13% . Cytek Biosciences ( CTKB ) +12% . Arbutus Biopharma Corporation ( ABUS ) +7% . Arrival ( ARVL ) +6% . Losers: Enphase Energy...

2023-04-05 13:22:40 ET Summary Q1 earnings season begins in earnest after the holiday weekend. By and large, the early reporters tend to be banks, while companies with physical inventory take longer to report. Bank earnings will offer clues as to the state of the banking system an...

2023-03-26 08:04:20 ET Summary PacWest Bancorp has not been immune to the carnage seen in the banking industry, and understandably so. The management team at the company has provided a good deal of transparency and clarity into the firm's financial condition. Overall, the comp...

2023-03-22 11:25:03 ET Summary PacWest Bancorp's non-cumulative preferred shares currently offer a double-digit yield on cost of 12%. They're trading for 64 cents on the dollar with a move back to par likely towards the end of the first half of next year. PacWest's banking ope...

2023-03-22 06:53:44 ET Summary PacWest is a bank holding company with over $41 billion in assets headquartered in Los Angeles, California. PACWP is the Series A preferred shares from PacWest. The preferred shares are currently priced at $13/share versus a $25/share liquidation...