Boom Or Bust? PacWest, Bank Of California Analysts React To Transformational Bank Merger
Benzinga
JULY 26, 2023
PacWest's tangible book value had been improving since widespread banking issues rocked the industry earlier this year. Ultimately, the Wedbush analyst believes the deal will go through at the beginning of 2024, but he wouldn't be surprised to see some shareholder dissent and the potential emergence of a third-party bid.
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