Why Shares of PacWest Bancorp Are Rising Today
PacWest sold one of its loan portfolios yesterday.
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PacWest sold one of its loan portfolios yesterday.
PacWest said in a filing it will also sell an additional six real estate construction loans with an aggregate principal balance of around $363 million to Kennedy-Wilson.
Deposit updates were not enough to reassure Wall Street analysts about the health of regional banks.
PacWest said its deposits were rising. First Horizon and Toronto-Dominion mutually terminated their nearly 18-month deal.
Operator: Good afternoon. And welcome to the Axos Financial Third Quarter 2023 Earnings Call. At this time, all participants are in a listen-only mode.