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PacWest Bancorp: Finding Value After The Storm

01:17am, Sunday, 25'th Jun 2023
Regional banks have pulled back lately following a brief May and early June reprieve. PacWest's operating situation appears to have stabilized, with the management team taking quick action to raise ra
The Fed pauses rate hikes but signals more for later this year. Banks, including PacWest (PACW), Comerica (CMA), Zions (ZION), Fifth Third (FITB) and KeyCorp (KEY), get a much-needed breather.
Kennedy Wilson KW, +0.82% said Friday it closed on the initial tranche of loans as part of a $5.7 billion loan portfolio acquisition from Pacific Western Bank PACW, -0.33%, just days after it said it
Sometimes, no major news can be a good thing for a volatile sector. Odeon Capital initiated coverage on PacWest Bancorp.
Odeon Capital analyst Richard Bove on Thursday initiated coverage of PacWest Bancorp PACW, +14.38% with a hold rating. Although the company remains in a high-risk situation, “fears of this company d
The tremors of an unsettling banking crisis continue to shake the U.S. market landscape, putting investors on high alert. The unnerving drop in bank stocks has unsettled Wall Street, suggesting that i
Canadian insurer Fairfax Financial Partners said on Monday it had agreed to buy a huge chunk of PacWest Bancorp real estate loans from property investment firm Kennedy-Wilson Holdings Inc for $2.1 bil
Kennedy-Wilson Holdings Inc. KW, +5.33% said it inked an agreement to include Canada's Fairfax Financial Holdings Ltd. FFH, +1.79% in a previously-announced purchase of a portfolio of real estate cons

PacWest Bancorp Should Make It

07:27am, Saturday, 03'rd Jun 2023
PacWest Bancorp experienced extreme volatility in May but has shown positive progress since my previous BUY recommendation. PACW sold a real estate loan portfolio to Kennedy Wilson, strengthening regu
The U.S. economy added an impressive 339,000 jobs in May, yet unemployment moved higher to 3.7%. Congress also passed the debt ceiling agreement last night.
When looking for big winners in the stock market, smaller is better. A gigantic firm like Apple (NASDAQ: AAPL ) can realistically only go up so much in a given time period.
Bank stocks fell Wednesday after the FDIC chairman said in a quarterly report that "downside risks" remain for the banking industry.

AI Revolution: 1999 Deja Vu?

04:17pm, Thursday, 25'th May 2023
Can AI stocks pull back after their explosive moves this week? Absolutely.
The stock-market panic over the regional banks has subsided for now, but experts say that regulators should remain focused on shoring up the stability of the sector amid economic headwinds that could
PacWest (PACW) announces strategic actions to bolster operating efficiency and focus on core business. These steps help regain investor confidence in the stock, which rallies 28.8%.
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