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Why Shares of PacWest Bancorp, Customers Bancorp, and Orange County Bancorp Are Rising This Week


Bank stocks rose this week on seemingly good news out of PacWest Bancorp (NASDAQ: PACW) and as the large and super-regional banks breezed through the Federal Reserve's annual stress testing.

Shares of PacWest Bancorp traded roughly 16.5% higher for the week as of 12:46 p.m. ET Thursday, according to data from S&P Global Market Intelligence. Meanwhile, shares of Customers Bancorp (NYSE: CUBI) traded roughly 10.4% higher, while Orange County Bancorp (NASDAQ: OBT) was up 11.4% for the week.

Image source: Getty Images.

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Source Fool.com

Pacwest Bancorp. Stock

€6.95
-2.820%
We can see a decrease in the price for Pacwest Bancorp.. Compared to yesterday it has lost -€0.200 (-2.820%).
With 0 Sell predictions and 2 Buy predictions the community sentiment towards the Pacwest Bancorp. stock is not clear.
As a result the target price of 8 € shows a slightly positive potential of 15.11% compared to the current price of 6.95 € for Pacwest Bancorp..
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