Alert: New Earnings Report (1/23/25)-PacWest Bancorp (NYSE: BANC).

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PacWest Bancorp (NYSE: BANC) has reported E.P.S. of $0.28 for its fourth fiscal quarter (ending December 31) versus $-4.55 for the same period a year ago — a decline of -106%. For the latest four quarters through December 31, E.P.S. were $0.52 compared to $-22.71 a year ago — a decline of -102%.

Recent Price Action

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On 1/23/25, PacWest Bancorp (NYSE: BANC) stock declined by -2.3%, closing at $15.70. Moreover, unusually high trading volume at 188% of normal accompanied the decline. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.

Current PriceTarget Research Rating

PacWest Bancorp has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. PacWest Bancorp has a slightly positive Appreciation Score of 65 and a good Power Rating of 77, and the Positive Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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