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PACW News and Press PacWest Bancorp
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LOS ANGELES, March 31, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) (the “Company” or “PacWest”) will report its financial results for the quarter ended March 31, 2023 after the close of the stock market on Tuesday, April 25, 2023. The Company will file its ...
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2023-03-31 08:19:35 ET Banks' borrowing from the Federal Reserve fell by $11.3B as of March 29, as the amount of borrowing from the Fed's discount window dropped more than the use of the new lending facility increased. "This does suggest that the extent of acute problems in the bank...
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Crane Set to Join S&P MidCap 400; PacWest Bancorp to Join S&P SmallCap 600 Crane Set to Join S&P MidCap 400; PacWest Bancorp to Join S&P SmallCap 600 PR Newswire NEW YORK , March 29, 2023 /PRNewswire/ -- Crane Co. (NYSE:CR) will be added to th...
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2023-03-29 14:59:28 ET Summary The slide in PacWest stock price seems to be unjustified. The extent of PacWest's exposure to uninsured deposits and unrealized losses on its HTM portfolio is significantly lower than one of its larger regional peers under scrutiny, First Republic. ...
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2023-03-27 18:38:16 ET Wall Street finished Monday with a mixed performance, although the S&P 500 had enough momentum to score its third consecutive day of gains and its fifth higher finish in the past six sessions. The Dow closed higher as well, rising by nearly 200 points, while the N...
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2023-03-27 12:00:00 ET Summary In March, PNC Financial outperformed its peers in the iShares Regional Banks ETF, demonstrating the market's confidence in its leadership prowess. Even though the bank remains resilient, a potentially worse economic downturn or a further spread of th...
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2023-03-27 08:52:49 ET First Citizens BancShares ( FCNCA ) +39% deal for First Citizens to buy Silicon Valley Bank. First Republic Bank ( FRC ) +24% inks deal for First Citizens to buy Silicon Valley Bank. Baudax ( BXRX ) +26% Announces Posi...
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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...
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2023-03-25 09:00:00 ET Summary John's retirement accounts generated a total of $1,312.50 of dividend income for February 2023 vs. $1,188.66 of dividend income for February 2022. John's Traditional IRA had a balance of $357.3K as of February 28, 2023, vs. $356.8K on February 28, 20...
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2023-03-24 20:39:29 ET Summary PacWest Bancorp released an important liquidity update on Wednesday. The market unfairly dismissed it and sent shares of PACW lower by 17%. Investors appear to be more focused on the FED’s rate increases, but a new buying opportunity has b...
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