PacWest Bancorp (PACW)

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. (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.

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.

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

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.

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.

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.

Merger proposal receives in excess of 98% approval of the shares voted from each of Banc of California and PacWest Bancorp stockholders Merger proposal receives in excess of 98% approval of the shares voted from each of Banc of California and PacWest Bancorp stockholders

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.

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").

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.

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.

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.

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.

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.

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.