At Close: Dec 08, 2023
Banc of California (BANC) Closes Buyout of PacWest Bancorp07:31am, Monday, 04'th Dec 2023
Banc of California (BANC) completes the acquisition of PacWest Bancorp. The all-stock deal, announced in July, will serve the banking needs of small and medium-sized businesses in California.
PacWest (PACW)-Banc of California (BANC) Deal Gets Shareholder Nod09:01am, Thursday, 23'rd Nov 2023
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 And Banc of California: Merger Will Likely Unlock More Potential02:29am, Wednesday, 25'th Oct 2023
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 pote
Banc of California (BANC) Q3 Earnings Lag Estimates09:01am, Tuesday, 24'th Oct 2023
Banc of California (BANC) came out with quarterly earnings of $0.30 per share, missing the Zacks Consensus Estimate of $0.31 per share. This compares to earnings of $0.44 per share a year ago.
Banc of California Announces Schedule of Third Quarter 2023 Earnings Release and Conference Call06:30am, Thursday, 05'th Oct 2023
SANTA ANA, Calif.--(BUSINESS WIRE)--Banc of California, Inc. (NYSE: BANC) today announced it will release 2023 third quarter financial results before the stock market opens on Tuesday, October 24, 202
Wells Fargo downgrades four regional banks and highlights four top names in analyst shift11:20am, Wednesday, 04'th Oct 2023
Wells Fargo analyst Timur Braziler downgraded four U.S. regional banks Wednesday, sharing his four top picks as he assumed coverage of the sector.
7 Rock-Solid Dividend Stocks to Ride Out the Rest of 202312:40pm, Tuesday, 26'th Sep 2023
In the unpredictable financial landscape of 2023, leaning into dividend stocks to buy may be one of the wisest decisions an investor can make. It's not about sidelining the thrilling potential of tech
Buyer of PacWest commercial real estate expects to double its $7 billion loan portfolio as rate shocks fuel more banking stress03:01pm, Tuesday, 08'th Aug 2023
A raft of credit rating actions against more than two dozen U.S. banks by Moody's Investors Service late Monday didn't shock one buyer of distressed commercial real estate.
10 regional banks expected to buck a weak industry trend12:15pm, Tuesday, 08'th Aug 2023
Bank stocks took a pounding on Tuesday, after Moody's downgraded its credit ratings for several smaller regional banks and put six larger players on review for possible downgrades. Below is a screen o
PacWest draws upgrade to buy from neutral after Banc of California deal02:16pm, Monday, 31'st Jul 2023
D.A. Davidson on Monday upgraded PacWest Bancorp PACW, -1.90% to buy from neutral to bring it up to the same rating as upcoming acquirer, Banc of California BANC, -2.49%, as announced last week. “We
Banc of California, Inc. (BANC) Q2 2023 Earnings Call Transcript01:18pm, Saturday, 29'th Jul 2023
Banc of California, Inc. (NYSE:BANC ) Q2 2023 Earnings Call Transcript July 26, 2023 12:00 PM ET Company Participants Jared Wolff - President and Chief Executive Officer Joseph Kauder - Chief Financia
JPMorgan Chase will reportedly pick up $1.8bn of loans following US regional bank merger03:32am, Thursday, 27'th Jul 2023
JPMorgan Chase & Co (NYSE:JPM) will acquire $1.8 billion of single-family residential loans to assist Banc of California (NYSE:BANC)'s acquisition of PacWest Bancorp, according to Reuters, citing an
Banc of California is expected to keep leading regional banks higher as PacWest deal ignites sector04:58pm, Wednesday, 26'th Jul 2023
Banc of California Inc.'s proposed agreement to acquire PacWest Bancorp. helped send regional-bank stocks considerably higher on Wednesday.
PacWest Shares Soar After Merger with Rival Banc of California10:00am, Wednesday, 26'th Jul 2023
Imperiled bank PacWest shares soared in early trade on Wednesday after news of its merger with smaller rival Banc of California in a $1.1 billion all-stock deal.
Banc of California and PacWest Bancorp deal well received by the market07:59am, Wednesday, 26'th Jul 2023
In a significant development in the banking sector, Banc of California (NYSE:BANC) and PacWest Bancorp have announced their intention to merge, forming a new entity with assets totalling $36 billion.