News for PacWest Bancorp (PACW)

Southern California banks are shifting into rebuilding mode following the devastating wildfires there.

Banc of California reported increased revenue and earnings per share in the fourth quarter a little more than a year after it purchased PacWest Bancorp.

Bank M&A transactions grew larger and more frequent this year. As a result, aggregate value more than tripled from 2023 and topped $15 billion.

EverBank in Jacksonville, Florida, is the latest bank to make a play for a slice of the hefty California market, which has been shaken up by big acquisitions and last year's banking crisis.

Synovus Financial Fixed-Rate Reset Non-Cumulative Preferred E (SNV.PR.E) offers an 8.507% coupon after resetting. Read why I'm bullish on SNV preferred stock here.

In a sea of generically named "First Banks of X" and "Community Banks of Y," financial institutions must decide if the painstaking rebranding process is worth the investment and risk to stand out.

Banc of California shares drop on concerns over bigger provisions

Banc of California Inc., a regional bank, is selling about $2 billion of business-purpose mortgage loans in a process led by Morgan Stanley, according to people with knowledge of the matter.

Maryland-based Forbright Bank, which is led by a onetime Democratic presidential candidate, relied extensively on brokered deposits as it grew after a 2021 rebranding. The bank says it has made changes in response to regulators' concerns.

Brad Henderson and Paul Taylor Elected to HTLF Board of Directors Company Release - 5/29/2024 2:00 PM ET Download the PDF...

PACWEST ALERT: Bragar Eagel & Squire, P.C. is Investigating PacWest Bancorp on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

RBB Bancorp is pleased to announce the appointment of Ms. Lynn M. Hopkins as Interim Executive Vice President and Chief Financial Officer of Royal Business Bank and RBB Bancorp effective December...

U.S. Stocks May See Further Downside In Early Trading The major U.S. index futures are currently pointing to a modestly lower open on Tuesday, with stocks likely to extend the mild pullback seen in the previous session.

Below are press releases from companys with preferred stock or baby bonds outstanding – or just of general interest. Once again I am adding some small bank earnings in during earnings season. Glacier Bancorp, Inc. Announces Results for the Quarter and Period Ended September 30, 2023 OceanFirst Financial Corp. Announces Third Quarter Financial Results Compass

John's retirement accounts generated a total of $3,162.53 of dividend income for June 2023 vs. $2,513.47 of dividend income for June 2022. Read more here.

In this piece, we will take a look at the 15 worst performing bank stocks in 2023.

NEW YORK, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Moore Kuehn, PLLC, a law firm focusing in securities litigation located on Wall Street in downtown New York...

The $417 million agreement would give Richmond, Virginia-based Atlantic Union Bankshares "the critical mass" it needs in its home state and neighboring North Carolina, according to CEO John Asbury. He and his counterpart Jeff Haley at American National Bankshares in Danville, Virginia, describe each other as longtime pals.

John's retirement accounts generated $1,398.58 of dividend income for May 2023 vs. $1,166.62 of dividend income for May 2022. Read more on the portfolios here.