PacWest Bancorp (PACW) Crashes

By Ken Smith • Thursday, March 16 10:37 • Permanent Link

PacWest Bancorp sank -12.87% to a price of $11.37, as smaller banks remain under pressure after the collapse of Silicon Valley Bank.

PacWest Bancorp is the banking holding company for Pacific Western Bank offering various banking products and services. The company belongs to the Finance sector, which has an average price to earnings (P/E) ratio of 14.34 and an average price to book (P/B) ratio of 1.57. In contrast, PacWest Bancorp has a trailing 12 month P/E ratio of 2.52 and a P/B ratio of 0.843.

PacWest Bancorp has moved -74.34% over the last year compared to -11.78% for the S&P 500 -- a difference of -62.56%. PacWest Bancorp has a 52 week high of $45.14 and a 52 week low of $5.0. At today's price of $11.37 per share, PacWest Bancorp is -62.51% away from its target price of $30.33, and on average, analysts give the stock a rating of buy. 4% of the company's shares are linked to short positions, and 95% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.