February 3, 2023
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PacWest Bancorp earnings beat analyst expectations

By   /  Thursday, January 24th, 2019  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PacWest Bancorp earnings beat analyst expectations

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Tri-county financial institutions report strong third quarter results

By   /  Friday, October 26th, 2018  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on Tri-county financial institutions report strong third quarter results

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PacWest Bancorp reports increase in net earnings

By   /  Thursday, April 19th, 2018  /  Banking & Finance, Banking Industry, Earnings, Latest news, Tri-County Public Companies  /  Comments Off on PacWest Bancorp reports increase in net earnings

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PacWest selling $1.5 billion in cash flow loans

By   /  Thursday, December 14th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on PacWest selling $1.5 billion in cash flow loans

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PacWest Bancorp acquires CU Bancorp in $705 million deal

By   /  Friday, April 7th, 2017  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on PacWest Bancorp acquires CU Bancorp in $705 million deal

PacWest Bancorp has acquired CU Bancorp in a transaction valued at approximately $705 million. CU Bancorp, headquartered in Los Angeles, is the parent of California United Bank, which has branches in Thousand Oaks and Simi Valley. The bank has about $3 billion in assets and nine branches in Los Angeles, Orange, Ventura and San Bernardino Read More →

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First California hires KBW to test waters for sale

By   /  Wednesday, August 1st, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on First California hires KBW to test waters for sale

In a move that could foreshadow the sale of the company, Westlake Village-based First California Financial Group has hired an outside investment bank and a law firm to undertake a “strategic review” of the company’s business plan and options. But it is not clear whether the hiring of advisers signals a deal in the works Read More →

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First California rejects PacWest takeover bid

By   /  Wednesday, May 9th, 2012  /  Banking & Finance, Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on First California rejects PacWest takeover bid

Westlake Village-based First California Financial Group has spurned an unsolicited takeover offer from Los Angeles-based PacWest Bancorp. First California, a $2 billion bank whose profits dropped drastically in the first quarter, is under pressure from three major shareholders to sell itself and has hired an investment banking firm to help evaluate its options. The company Read More →