PacWest Shares Tumble 20% After Regional Bank Says Deposits Fell 9.5% Last Week

Reuters2023-05-11

U.S. regional bank PacWest Bancorp said on Thursday it had $15 billion of immediately available liquidity, as of May 10.

During the week ended May 5, deposits declined about 9.5%, the bank said, adding the majority of those outflows happened on May 4 and May 5 after news reports said PacWest was exploring options.

Stocks tumbled over 20% on the news.

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Chris Tan
·2023-05-11
US banks really in deep trouble. Customers fleeing not knowing their banks are safe 🙏🏻
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ipsail
·2023-05-11
So stop trying so hard to create panic
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ipsail
·2023-05-11
Given how pacwest shares were shorted those few days if its 9.5% its admirable. Amd if its 95% yet still standing i think its even more admirable.
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ipsail
·2023-05-11
Sorry is 9.5% or 95%
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patricklowck
·2023-05-11
Run....
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Vincentan59
·2023-05-11
Share your opinion about this news…
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Vincentan59
·2023-05-11
Another case coming up for sure better run fast before burn up 😹😹😹😹
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Customers fleeing not knowing their banks are safe 🙏🏻","listText":"US banks really in deep trouble. Customers fleeing not knowing their banks are safe 🙏🏻","text":"US banks really in deep trouble. Customers fleeing not knowing their banks are safe 🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970913284","repostId":2334775332,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970913099,"gmtCreate":1683808015112,"gmtModify":1683808019465,"author":{"id":"3577704055258521","authorId":"3577704055258521","name":"ipsail","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577704055258521","idStr":"3577704055258521"},"htmlText":"So stop trying so hard to create panic&nbsp;","listText":"So stop trying so hard to create panic&nbsp;","text":"So stop trying so hard to create panic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970913099","repostId":2334775332,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970919779,"gmtCreate":1683807979792,"gmtModify":1683807985123,"author":{"id":"3577704055258521","authorId":"3577704055258521","name":"ipsail","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577704055258521","idStr":"3577704055258521"},"htmlText":"Given how pacwest shares were shorted those few days if its 9.5% its admirable.&nbsp; Amd if its 95% yet still standing i think its even more admirable.","listText":"Given how pacwest shares were shorted those few days if its 9.5% its admirable.&nbsp; Amd if its 95% yet still standing i think its even more admirable.","text":"Given how pacwest shares were shorted those few days if its 9.5% its admirable. Amd if its 95% yet still standing i think its even more admirable.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970919779","repostId":2334775332,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970919468,"gmtCreate":1683807884654,"gmtModify":1683807888648,"author":{"id":"3577704055258521","authorId":"3577704055258521","name":"ipsail","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577704055258521","idStr":"3577704055258521"},"htmlText":"Sorry is 9.5% or 95%","listText":"Sorry is 9.5% or 95%","text":"Sorry is 9.5% or 95%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970919468","repostId":2334775332,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970910596,"gmtCreate":1683806547915,"gmtModify":1683806553152,"author":{"id":"3565580415318008","authorId":"3565580415318008","name":"patricklowck","avatar":"https://static.tigerbbs.com/fc04396a7aff08c74904d7b520596366","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"authorIdStr":"3565580415318008","idStr":"3565580415318008"},"htmlText":"Run....","listText":"Run....","text":"Run....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970910596","repostId":2334775332,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970910208,"gmtCreate":1683806018104,"gmtModify":1683806022114,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4098866635611070","idStr":"4098866635611070"},"htmlText":"Share your opinion about this news…","listText":"Share your opinion about this news…","text":"Share your opinion about this news…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970910208","repostId":2334775332,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9970910602,"gmtCreate":1683806010306,"gmtModify":1683806016058,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1,"authorIdStr":"4098866635611070","idStr":"4098866635611070"},"htmlText":"Another case coming up for sure better run fast before burn up 😹😹😹😹","listText":"Another case coming up for sure better run fast before burn up 😹😹😹😹","text":"Another case coming up for sure better run fast before burn up 😹😹😹😹","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970910602","repostId":2334775332,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":15,"commentSize":7,"repostSize":4,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}