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.
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
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.
Läs mer »