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PacWest, Regional Bank Stocks Gain

PacWest and other regional banks are starting the week with gains after selling off last week.

Regional bank stocks have been volatile since the banking turmoil that erupted in March.

Tweet on Regional Bank stocks

Factset chart

PacWest shares have been particularly hard hit, and last week fell 21% after it disclosed that it lost more customer deposits following news reports that it was exploring a potential sale.

In mid-morning trading, PacWest stock was up nearly 6%. Western Alliance was up more than 6% and Zions was up more than 4%.

PacWest Bancorp

PACW (U.S.: Nasdaq)

$4.8860 USD0.33607.3846%

Western Alliance Bancorp.


$31.30 USD3.8313.94%

Zions Bancorp N.A.

ZION (U.S.: Nasdaq)

$24.11 USD1.687.49%


Image: Banking