News Formal

PacWest is among the leading gainers in pre-market on Q1 results

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

PacWest Bancorp stock is up 13.5% as the top gainer in premarket trades, according to the MarketWatch Premarket Screener, after the bank posted first-quarter...

PacWest Bancorp stock PACW is up 13.5% as the top gainer in premarket trades, according to the MarketWatch Premarket Screener, after the bank posted first-quarter results. Raymond James analysts said PacWest’s stronger-than-expected first-quarter operating earnings of 66 cents a share beat the consensus estimate of 61 cents a share.

5% as the top gainer in premarket trades, according to the MarketWatch Premarket Screener, after the bank posted first-quarter results. Raymond James analysts said PacWest’s stronger-than-expected first-quarter operating earnings of 66 cents a share beat the consensus estimate of 61 cents a share. “The beat was driven by higher fee income, lower operating expenses, and a lower provision expense, partially offset by lower net interest income,” Raymond James analysts said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and moreThese are the stocks posting the largest moves in extended trading.
Source: CNBC - 🏆 12. / 72 Read more »