PacWest Bancorp's Volatile Week: Insider Acquisitions Boost Confidence Amidst Deposit Drops and Short-Selling Ban Talks.

PacWest Bancorp (PACW) is a Los Angeles-based bank holding company that has experienced withdrawals of roughly $5 billion in Q4 2022 and has seen its debt-to-equity ratio skyrocket by more than 400% in 2023 alone. The company's Q1 earnings announcement was disappointing, with earnings growth slowing by 35% versus last year and non-adjusted earnings careening lower to a loss of $10.22 a share. PacWest's stock price has underperformed 99% of its peers over the past twelve months, and until it can get back over the 50-day moving average, it should be considered an avoid.