PacWest Bancorp Price & Performance (PACW)

Western Alliance Bancorporation’s stock fell 1.3%, opening at $65.24, despite Advisory Research Inc. acquiring over 52,000 shares. Analysts remain largely optimistic, with a consensus rating of “Moderate Buy” and an average price target of $96.40, though recent trading reflects broader volatility in the banking sector.12

Banc of California’s stock hit a 52-week low of $11.88, down nearly 13% this week. Despite surpassing recent earnings expectations, market headwinds and regulatory challenges have weighed on performance. Analysts project profitability this year, with the bank focusing on loan growth and digital innovation to regain momentum.23

Banc of California appointed Karen Hon as Chief Accounting Officer and authorized a $150 million share repurchase program, aiming to boost shareholder value. The bank reported Q4 net earnings of $47 million, improved margins, and growing noninterest-bearing deposits, signaling a focus on operational efficiency after its PacWest merger.43