PacWest stock tanks again on a hit to deposits: buy the dip?

Shares of PacWest Bancorp (NASDAQ: PACW) ended more than 20% down on Thursday after the regional bank reported significant deposit outflows for the first week of May. Analyst’s view on the PacWest stock The California-based bank noted a 9.5% hit to deposits in the week of May 5th. PacWest attributed the better part of those […]