PacWest Bancorp

PacWest Bancorp is a bank holding company, which specializes in financial and banking solutions. It offers commercial banking services including real estate, construction, commercial loans, comprehensive deposit, and treasury management services to small and middle-market businesses through the Pacific Western Bank. The company was founded on October 22, 1999, and is headquartered in Beverly Hills, CA.

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PacWest Bancorp restructures for growth, faces deposit challenges ahead

PacWest Bancorp's Q4 call highlighted strategic shifts, financial goals, and a focus on stability amidst economic challenges.
Management's alignment with the new plan, commitment to technology, and solid credit quality position the company for growth.
Challenges in deposit gathering, potential Fed rate impacts, and criticized loans require attention for sustained performance.

PacWest Bancorp beats estimates, focuses on stability and growth

PacWest Bancorp navigated challenges with resilience, reporting strong financial performance and stable credit quality amidst deposit fluctuations.
The company's focus on liquidity, expense management, and capital optimization positions it well for future growth and profitability.
Strategic initiatives to enhance operational efficiency and explore new revenue streams underscore PacWest's commitment to long-term value creation.

PacWest Bancorp and Banc of California merger set for growth

The merger between PacWest Bancorp and Banc of California is poised to deliver immediate benefits and long-term value through enhanced financial metrics and operational efficiencies.
While facing challenges in a slow economy and cost savings targets, the combined company has clear strengths in product offerings, funding profile, and talent retention strategies.
Strategic initiatives, conservative growth projections, and a focus on technology integration and fee revenue generation present opportunities for sustainable growth and profitability post-merger.

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Banc of California

Banc of California Inc (NYSE:BANC ) Q1 2024 Results Conference Call April 23, 2024 1:00 PM ET Company Participants Jared Wolff - Vice Chairman, President & CEO Joseph Kauder - Executive VP & CFO Conference Call Participants Jared Shaw - Barclays Matthew Clark - Piper Sandler Chris McGratty - KBW Timur Braziler - Wells Fargo Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Timothy Coffey - Janney Brandon King - Truist Securities David Feaster - Raymond James Operator Hello, and welcome to Banc of California's First Quarter Earnings Conference Call.

Banc of California Inc (BANC) Q1 2024 Earnings Call Transcript

Banc of California, Inc. (NASDAQ:PACW ) Q1 2024 Earnings Conference Call April 23, 2024 1:00 PM ET Company Participants Jared Wolff - President & Chief Executive Officer Joe Kauder - Chief Financial Officer Bill Black - Head-Strategy Conference Call Participants Jared Shaw - Barclays Matthew Clark - Piper Sandler Chris McGratty - KBW Timur Braziler - Wells Fargo Gary Tenner - D.A. Davidson Andrew Terrell - Stephens Timothy Coffey - Janney Brandon King - Truist Securities David Feaster - Raymond James Operator Hello, and welcome to Banc of California's First Quarter Earnings Conference Call.

Banc of California, Inc. (PACW) Q1 2024 Earnings Call Transcript

KeyCorp

Newtek Business Services

It's perhaps an opportune moment to think about risky bank stocks to sell. In the aftermath of a tumultuous week in the U.S. financial landscape, where inflation spikes and weakening consumer spending stirred uncertainty, the Federal Reserve maintained caution on interest rate cuts.

It's Time! 3 Sorry Bank Stocks to Sell in February

Banc of California, Inc. (PACW) Q4 2023 Earnings Call Transcript

IF Bancorp

Underperforming bank stocks are casting a shadow over the U.S. financial landscape on the back of diminished investor confidence, shaken by the March banking crisis. The banking sector, still reeling from the Silicon Valley Bank collapse and struggles of smaller lenders, has yet to see the same benefits of rising interest rates.

3 Underperforming Bank Stocks You Better Not Be Buying

LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (“Banc of California”) (NYSE: BANC) today announced the completion of its transformational merger with PacWest Bancorp (“PacWest”) (Nasdaq: PACW), pursuant to which PacWest has merged into Banc of California, and as of December 1, 2023, Banc of California, N.A. will have merged into Pacific Western Bank (the “combined bank”). The combined bank will operate under the Banc of California name and brand. Concurrent with the completion of the me.

Banc of California Announces Completion of Transformational Merger with PacWest Bancorp and $400 Million Equity Raise

PacWest (PACW) and Banc of California (BANC) receive shareholder approval for their merger deal. The transaction is expected to close on or around Nov 30, 2023, as planned.

PacWest (PACW)-Banc of California (BANC) Deal Gets Shareholder Nod

SANTA ANA, Calif. & LOS ANGELES--(BUSINESS WIRE)--Banc of California, Inc. (“Banc of California”) (NYSE: BANC) and PacWest Bancorp (“PacWest”) (Nasdaq: PACW) today jointly announced that, at their respective special meetings of stockholders held earlier today, they each received the necessary stockholder approval for the proposed combination of Banc of California and PacWest. The final results for the proposals voted on at the special meetings of each company's stockholders held today will be s.

Banc of California and PacWest Bancorp Receive Stockholder Approvals for their Merger

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against PacWest Bancorp ("PacWest" or the "Company") (NASDAQ: PACW) and certain officers.   The class action, filed in the United States District Court for the Central District of California, and docketed under 23-cv-01685, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired PacWest securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period").

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in PacWest Bancorp of Class Action Lawsuit and Upcoming Deadline - PACW

NEW YORK , Nov. 13, 2023 /PRNewswire/ -- Attention PacWest Bancorp ("PacWest") (NASDAQ: PACW) shareholders: The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between February 28, 2022 and May 3, 2023. If you suffered a loss on your investment in PacWest, contact us about potential recovery by using the link below.

SHAREHOLDER ALERT: The Law Offices of Vincent Wong Remind PacWest Investors of a Lead Plaintiff Deadline of November 13, 2023

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz reminds investors of the upcoming November 10, 2023 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who acquired PacWest Bancorp (“PacWest” or the “Company”) (NASDAQ: PACW, PACWP) securities between February 28, 2022 and May 3, 2023, inclusive (the “Class Period”). If you are a shareholder who suffered a loss, click here to participate. On May 3, 2023, Bloomberg published an article reportin.

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against PacWest Bancorp (PACW)

NEW YORK , Nov. 9, 2023 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in PacWest Bancorp ("PacWest" or the "Company") (NASDAQ: PACW) of a class action securities lawsuit. CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of PacWest investors who were adversely affected by alleged securities fraud between February 28, 2022 and May 3, 2023.

SHAREHOLDER ALERT: Levi & Korsinsky Notifies PacWest Bancorp(PACW) Investors of a Class Action Lawsuit and Upcoming Deadline

LOS ANGELES, CA / ACCESSWIRE / November 9, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $500,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm

NEW YORK , Nov. 7, 2023 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of PacWest Bancorp. Shareholders who purchased shares of PACW during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment.

SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of PacWest Bancorp of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 13, 2023 - (NASDAQ: PACW)

LOS ANGELES, CA / ACCESSWIRE / November 7, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

FINAL DEADLINE IMMINENT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm

BENSALEM, Pa. , Nov. 7, 2023 /PRNewswire/ -- Law Offices of Howard G.

PACW Investors Have Opportunity to Lead PacWest Bancorp Securities Fraud Lawsuit

LOS ANGELES, CA / ACCESSWIRE / November 2, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

INVESTOR ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm

LOS ANGELES, Nov. 01, 2023 (GLOBE NEWSWIRE) -- PacWest Bancorp (Nasdaq: PACW) announced today that its Board of Directors has declared a quarterly cash dividend of $0.01 per common share. The cash dividend is payable on November 27, 2023 to stockholders of record at the close of business on November 13, 2023.

PacWest Bancorp Announces Quarterly Dividends

NEW YORK--(BUSINESS WIRE)---- $pacw #classaction--Attorney Advertising--Bronstein, Gewirtz & Grossman, LLC a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against PacWest Bancorp (“PacWest” or “the Company”) (NASDAQ: PACW) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired PacWest securi.

PACW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces That PacWest Bancorp Investors With Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

LOS ANGELES, CA / ACCESSWIRE / October 30, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $500,000 to Contact the Firm

PACW INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that PacWest Bancorp Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit!

NEW YORK , Oct. 28, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of PacWest Bancorp (NASDAQ: PACW, PACWP) between February 28, 2022 and May 3, 2023, both dates inclusive (the "Class Period"), of the important November 10, 2023 lead plaintiff deadline. SO WHAT: If you purchased PacWest securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

ROSEN, A HIGHLY RECOGNIZED LAW FIRM, Encourages PacWest Bancorp Investors to Secure Counsel Before Important November 10 Deadline in Securities Class Action - PACW, PACWP

LOS ANGELES, CA / ACCESSWIRE / October 27, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against PacWest Bancorp ("PacWest" or "the Company") (NASDAQ:PACW) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission. Investors who purchased the Company's securities between February 28, 2022 and May 3, 2023, inclusive (the "Class Period"), are encouraged to contact the firm before November 13, 2023.

DEADLINE ACTION ALERT: The Schall Law Firm Encourages Investors in PacWest Bancorp with Losses of $100,000 to Contact the Firm

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PacWest Bancorp (NasdaqGS: PACW) to Banc of California, Inc. (NYSE: BANC). Under the terms of the proposed transaction, shareholders of PacWest will receive 0.84 shares of Banc of California for each share of PacWest that they own. KSF is seeking to determine whether this consideration and the process that led.

PACWEST BANCORP INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PacWest Bancorp - PACW

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