Over a month ago
Earnings
Reports Q1 NII $46.94M…
Reports Q1 NII $46.94M vs. $47.91M in the previous quarter and $52.34M a year ago. Reported a reversal of provision for credit losses of $3.6M for Q1 vs. $5.0M for 4Q21 and $7.2M for 1Q21. Tangible book value per share was $16.27 at quarter end from $17.19. CEO Jeffrey Deuel commented, "While we continue to see challenges from the COVID-environment, we remain focused on delivering strong financial performance and improvements in our operating efficiency by managing expenses and leveraging technology systems. We are well-positioned for the rising rate environment due to our ample balance sheet liquidity, including $1.58B in cash and cash equivalents. Additionally, we are seeing loan growth due to a decline in loan payoff activity and the strong economic climate in the Pacific Northwest. Further, we are pleased with the success of our ongoing efforts to positively contribute to housing in the communities we serve."
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01/27/22 Heritage Financial reports Q4 EPS 55c, consensus 46c 10/21/21 Heritage Financial reports Q3 EPS 58c, consensus 52c
Conference/Events
Virtual West Coast Bank…
Virtual West Coast Bank Trip to be held on February 28-March 2.
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01/26/22 Columbia Banking-Umpqua Holdings combination approved by shareholders 10/12/21 Columbia Banking and Umpqua Holdings announce all-stock combination 09/07/21 Umpqua Holdings promotes Anderson to Chief Administrative Officer $558.10 / -47.81 (-7.89%)
02/08/22 Lucira Health secures debt facility of up to $80M 02/02/22 Tarsus finishes Phase 3 Saturn-2 trial enrollment, secure $175M credit facility 02/01/22 SVB Leerink announces name change to 'SVB Securities LLC' 12/13/21 SVB Financial acquires technology equity research firm MoffettNathanson 02/18/22 PacWest Bancorp board authorizes $100M stock buyback 01/20/22 National Bank increases quarterly cash dividend 4.5% to 23c per share 01/26/22 Independent Bank increases quarterly dividend 5.6% to 38c per share 10/28/21 Independent Bank raises quarterly dividend 5.9% to 36c from 34c per share 09/14/21 Independent Bank names Michael Hobbs as President and COO, effective October 1 02/01/22 Compass Minerals to replace Great Western in S&P 600 at open on 2/1 01/27/22 First Interstate names Scott Erkonen chief information officer 01/20/22 First Interstate, Great Western get final regulatory/shareholder merger approval 10/01/21 Banc of California, Pacific Mercantile Bancorp approved for merger 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/07/21 Stephens Banc of California initiated with an Equal Weight at Stephens 03/24/21 DA Davidson Banc of California price target raised to $22.50 from $20.50 at DA Davidson 01/13/22 Raymond James Coastal Financial initiated with a Strong Buy at Raymond James 12/19/21 Keefe Bruyette Coastal Financial assumed with Outperform from Market Perform at Keefe Bruyette 07/07/21 Stephens Coastal Financial initiated with an Overweight at Stephens 02/11/22 Keefe Bruyette First Interstate resumed with a Market Perform at Keefe Bruyette 10/07/21 Wells Fargo First Interstate upgraded to Overweight with $47 target at Wells Fargo 10/07/21 Wells Fargo First Interstate upgraded to Overweight from Equal Weight at Wells Fargo 09/17/21 DA Davidson Great Western downgraded to Neutral from Buy at DA Davidson 12/21/21 Keefe Bruyette Keefe Bruyette assumes four California small- and mid-cap banks 12/20/21 Keefe Bruyette Five Star assumed with a Market Perform at Keefe Bruyette 07/28/21 Fly Intel: Top five analyst upgrades 07/28/21 Keefe Bruyette Five Star upgraded to Outperform from Market Perform at Keefe Bruyette 01/26/22 Truist Independent Bank price target raised to $85 from $80 at Truist 03/19/21 Truist Independent Bank price target raised to $87 from $75 at Truist 09/20/21 Piper Sandler National Bank upgraded to Overweight from Neutral at Piper Sandler 06/30/21 DA Davidson National Bank upgraded to Buy at DA Davidson on above-peer growth profile 06/30/21 DA Davidson National Bank upgraded to Buy from Neutral at DA Davidson 01/21/22 Truist PacWest Bancorp price target raised to $60 from $55 at Truist 01/03/22 Stephens Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas 10/20/21 Truist PacWest Bancorp price target raised to $55 from $50 at Truist 10/20/21 Piper Sandler PacWest Bancorp price target raised to $62 from $56 at Piper Sandler 01/25/22 Stephens Pacific Premier downgraded to Equal Weight at Stephens after Q4 report 01/25/22 Stephens Pacific Premier downgraded to Equal Weight from Overweight at Stephens 10/07/21 Raymond James Pacific Premier downgraded to Outperform on valuation at Raymond James 10/07/21 Raymond James Pacific Premier downgraded to Outperform from Strong Buy at Raymond James $558.10 / -47.81 (-7.89%)
01/24/22 Truist SVB Financial price target lowered to $800 from $850 at Truist 01/24/22 Stephens SVB Financial price target lowered to $700 from $790 at Stephens 01/21/22 Janney Montgomery Scott SVB Financial downgraded to Neutral from Buy at Janney Montgomery Scott 01/13/22 Morgan Stanley NatWest Group, SVB Financial added as top bank picks at Morgan Stanley 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 08/03/21 Piper Sandler TriCo Bancshares upgraded to Overweight on valuation at Piper Sandler 08/02/21 Piper Sandler TriCo Bancshares upgraded to Overweight from Neutral at Piper Sandler 02/11/22 Keefe Bruyette Umpqua Holdings resumed with a Market Perform at Keefe Bruyette 01/04/22 Wells Fargo Wells Fargo downgrades Umpqua Holdings to Equal Weight, cuts price target to $20 01/04/22 Wells Fargo Umpqua Holdings downgraded to Equal Weight from Overweight at Wells Fargo 10/13/21 DA Davidson Columbia Banking upgraded to Buy from Neutral at DA Davidson 01/19/22 Umpqua Holdings reports Q4 EPS 41c, consensus 43c 10/20/21 Umpqua Holdings reports Q3 EPS 49c, consensus 44c 01/25/22 TriCo Bancshares reports Q4 EPS 94c, consensus 90c 01/25/22 TriCo Bancshares reports 94c, consensus 90c 10/26/21 TriCo Bancshares reports Q3 EPS 92c, consensus 93c $558.10 / -47.81 (-7.89%)
01/20/22 SVB Financial reports Q4 EPS $6.22, consensus $6.51 10/21/21 SVB Financial reports Q3 EPS $6.24, consensus $5.04 01/19/22 PacWest Bancorp reports Q4 EPS $1.14, consensus $1.00 10/18/21 PacWest Bancorp reports Q3 EPS $1.17, consensus $1.03 01/20/22 National Bank reports Q 4EPS 74c, consensus 60c 10/19/21 National Bank reports Q3 EPS 64c, consensus 62c 01/24/22 Independent Bank reports Q4 adjusted EPS $1.28, consensus $1.25 10/25/21 Independent Bank reports Q3 EPS $1.21, consensus $1.30 01/27/22 Heritage Financial reports Q4 EPS 55c, consensus 46c 10/21/21 Heritage Financial reports Q3 EPS 58c, consensus 52c 01/31/22 Five Star reports Q4 EPS 66c, consensus 54c 10/25/21 Five Star Bancorp reports Q3 EPS 64, two estimates 46 01/27/22 First Interstate reports Q4 EPS 83c, consensus 72c 10/26/21 First Interstate reports Q3 EPS 76c, consensus 74c 10/27/21 Coastal Financial reports Q3 EPS 54c, two est. 41c 01/25/22 Banc of California reports Q4 EPS 7c, consensus 17c 10/21/21 Banc of California reports Q3 EPS 42c, consensus 13c
Conference/Events
Virtual West Coast Bank…
Virtual West Coast Bank Trip to be held on February 28-March 2.
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01/26/22 Columbia Banking-Umpqua Holdings combination approved by shareholders 10/12/21 Columbia Banking and Umpqua Holdings announce all-stock combination 09/07/21 Umpqua Holdings promotes Anderson to Chief Administrative Officer $605.91 / -15.89 (-2.56%)
02/08/22 Lucira Health secures debt facility of up to $80M 02/02/22 Tarsus finishes Phase 3 Saturn-2 trial enrollment, secure $175M credit facility 02/01/22 SVB Leerink announces name change to 'SVB Securities LLC' 12/13/21 SVB Financial acquires technology equity research firm MoffettNathanson 02/18/22 PacWest Bancorp board authorizes $100M stock buyback 01/20/22 National Bank increases quarterly cash dividend 4.5% to 23c per share 01/26/22 Independent Bank increases quarterly dividend 5.6% to 38c per share 10/28/21 Independent Bank raises quarterly dividend 5.9% to 36c from 34c per share 09/14/21 Independent Bank names Michael Hobbs as President and COO, effective October 1 02/01/22 Compass Minerals to replace Great Western in S&P 600 at open on 2/1 01/27/22 First Interstate names Scott Erkonen chief information officer 01/20/22 First Interstate, Great Western get final regulatory/shareholder merger approval 10/01/21 Banc of California, Pacific Mercantile Bancorp approved for merger 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/07/21 Stephens Banc of California initiated with an Equal Weight at Stephens 03/24/21 DA Davidson Banc of California price target raised to $22.50 from $20.50 at DA Davidson 01/13/22 Raymond James Coastal Financial initiated with a Strong Buy at Raymond James 12/19/21 Keefe Bruyette Coastal Financial assumed with Outperform from Market Perform at Keefe Bruyette 07/07/21 Stephens Coastal Financial initiated with an Overweight at Stephens 02/11/22 Keefe Bruyette First Interstate resumed with a Market Perform at Keefe Bruyette 10/07/21 Wells Fargo First Interstate upgraded to Overweight with $47 target at Wells Fargo 10/07/21 Wells Fargo First Interstate upgraded to Overweight from Equal Weight at Wells Fargo 09/17/21 DA Davidson Great Western downgraded to Neutral from Buy at DA Davidson 12/21/21 Keefe Bruyette Keefe Bruyette assumes four California small- and mid-cap banks 12/20/21 Keefe Bruyette Five Star assumed with a Market Perform at Keefe Bruyette 07/28/21 Fly Intel: Top five analyst upgrades 07/28/21 Keefe Bruyette Five Star upgraded to Outperform from Market Perform at Keefe Bruyette 01/26/22 Truist Independent Bank price target raised to $85 from $80 at Truist 03/19/21 Truist Independent Bank price target raised to $87 from $75 at Truist 09/20/21 Piper Sandler National Bank upgraded to Overweight from Neutral at Piper Sandler 06/30/21 DA Davidson National Bank upgraded to Buy at DA Davidson on above-peer growth profile 06/30/21 DA Davidson National Bank upgraded to Buy from Neutral at DA Davidson 01/21/22 Truist PacWest Bancorp price target raised to $60 from $55 at Truist 01/03/22 Stephens Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas 10/20/21 Truist PacWest Bancorp price target raised to $55 from $50 at Truist 10/20/21 Piper Sandler PacWest Bancorp price target raised to $62 from $56 at Piper Sandler 01/25/22 Stephens Pacific Premier downgraded to Equal Weight at Stephens after Q4 report 01/25/22 Stephens Pacific Premier downgraded to Equal Weight from Overweight at Stephens 10/07/21 Raymond James Pacific Premier downgraded to Outperform on valuation at Raymond James 10/07/21 Raymond James Pacific Premier downgraded to Outperform from Strong Buy at Raymond James $605.91 / -15.89 (-2.56%)
01/24/22 Truist SVB Financial price target lowered to $800 from $850 at Truist 01/24/22 Stephens SVB Financial price target lowered to $700 from $790 at Stephens 01/21/22 Janney Montgomery Scott SVB Financial downgraded to Neutral from Buy at Janney Montgomery Scott 01/13/22 Morgan Stanley NatWest Group, SVB Financial added as top bank picks at Morgan Stanley 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 08/03/21 Piper Sandler TriCo Bancshares upgraded to Overweight on valuation at Piper Sandler 08/02/21 Piper Sandler TriCo Bancshares upgraded to Overweight from Neutral at Piper Sandler 02/11/22 Keefe Bruyette Umpqua Holdings resumed with a Market Perform at Keefe Bruyette 01/04/22 Wells Fargo Wells Fargo downgrades Umpqua Holdings to Equal Weight, cuts price target to $20 01/04/22 Wells Fargo Umpqua Holdings downgraded to Equal Weight from Overweight at Wells Fargo 10/13/21 DA Davidson Columbia Banking upgraded to Buy from Neutral at DA Davidson 01/19/22 Umpqua Holdings reports Q4 EPS 41c, consensus 43c 10/20/21 Umpqua Holdings reports Q3 EPS 49c, consensus 44c 01/25/22 TriCo Bancshares reports Q4 EPS 94c, consensus 90c 01/25/22 TriCo Bancshares reports 94c, consensus 90c 10/26/21 TriCo Bancshares reports Q3 EPS 92c, consensus 93c $605.91 / -15.89 (-2.56%)
01/20/22 SVB Financial reports Q4 EPS $6.22, consensus $6.51 10/21/21 SVB Financial reports Q3 EPS $6.24, consensus $5.04 01/19/22 PacWest Bancorp reports Q4 EPS $1.14, consensus $1.00 10/18/21 PacWest Bancorp reports Q3 EPS $1.17, consensus $1.03 01/20/22 National Bank reports Q 4EPS 74c, consensus 60c 10/19/21 National Bank reports Q3 EPS 64c, consensus 62c 01/24/22 Independent Bank reports Q4 adjusted EPS $1.28, consensus $1.25 10/25/21 Independent Bank reports Q3 EPS $1.21, consensus $1.30 01/27/22 Heritage Financial reports Q4 EPS 55c, consensus 46c 10/21/21 Heritage Financial reports Q3 EPS 58c, consensus 52c 01/31/22 Five Star reports Q4 EPS 66c, consensus 54c 10/25/21 Five Star Bancorp reports Q3 EPS 64, two estimates 46 01/27/22 First Interstate reports Q4 EPS 83c, consensus 72c 10/26/21 First Interstate reports Q3 EPS 76c, consensus 74c 10/27/21 Coastal Financial reports Q3 EPS 54c, two est. 41c 01/25/22 Banc of California reports Q4 EPS 7c, consensus 17c 10/21/21 Banc of California reports Q3 EPS 42c, consensus 13c
Conference/Events
Virtual West Coast Bank…
Virtual West Coast Bank Trip to be held on February 28-March 2.
Show Hide Related Items >> <<
01/26/22 Columbia Banking-Umpqua Holdings combination approved by shareholders 10/12/21 Columbia Banking and Umpqua Holdings announce all-stock combination 09/07/21 Umpqua Holdings promotes Anderson to Chief Administrative Officer $622.36 / +37.96 (+6.50%)
02/08/22 Lucira Health secures debt facility of up to $80M 02/02/22 Tarsus finishes Phase 3 Saturn-2 trial enrollment, secure $175M credit facility 02/01/22 SVB Leerink announces name change to 'SVB Securities LLC' 12/13/21 SVB Financial acquires technology equity research firm MoffettNathanson 02/18/22 PacWest Bancorp board authorizes $100M stock buyback 01/20/22 National Bank increases quarterly cash dividend 4.5% to 23c per share 01/26/22 Independent Bank increases quarterly dividend 5.6% to 38c per share 10/28/21 Independent Bank raises quarterly dividend 5.9% to 36c from 34c per share 09/14/21 Independent Bank names Michael Hobbs as President and COO, effective October 1 02/01/22 Compass Minerals to replace Great Western in S&P 600 at open on 2/1 01/27/22 First Interstate names Scott Erkonen chief information officer 01/20/22 First Interstate, Great Western get final regulatory/shareholder merger approval 10/01/21 Banc of California, Pacific Mercantile Bancorp approved for merger 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/23/21 Raymond James Banc of California upgraded to Outperform from Market Perform at Raymond James 07/07/21 Stephens Banc of California initiated with an Equal Weight at Stephens 03/24/21 DA Davidson Banc of California price target raised to $22.50 from $20.50 at DA Davidson 01/13/22 Raymond James Coastal Financial initiated with a Strong Buy at Raymond James 12/19/21 Keefe Bruyette Coastal Financial assumed with Outperform from Market Perform at Keefe Bruyette 07/07/21 Stephens Coastal Financial initiated with an Overweight at Stephens 02/11/22 Keefe Bruyette First Interstate resumed with a Market Perform at Keefe Bruyette 10/07/21 Wells Fargo First Interstate upgraded to Overweight with $47 target at Wells Fargo 10/07/21 Wells Fargo First Interstate upgraded to Overweight from Equal Weight at Wells Fargo 09/17/21 DA Davidson Great Western downgraded to Neutral from Buy at DA Davidson 12/21/21 Keefe Bruyette Keefe Bruyette assumes four California small- and mid-cap banks 12/20/21 Keefe Bruyette Five Star assumed with a Market Perform at Keefe Bruyette 07/28/21 Fly Intel: Top five analyst upgrades 07/28/21 Keefe Bruyette Five Star upgraded to Outperform from Market Perform at Keefe Bruyette 01/26/22 Truist Independent Bank price target raised to $85 from $80 at Truist 03/19/21 Truist Independent Bank price target raised to $87 from $75 at Truist 09/20/21 Piper Sandler National Bank upgraded to Overweight from Neutral at Piper Sandler 06/30/21 DA Davidson National Bank upgraded to Buy at DA Davidson on above-peer growth profile 06/30/21 DA Davidson National Bank upgraded to Buy from Neutral at DA Davidson 01/21/22 Truist PacWest Bancorp price target raised to $60 from $55 at Truist 01/03/22 Stephens Wendy's, Kirby and Vizio among Stephens' 2022 Best Ideas 10/20/21 Truist PacWest Bancorp price target raised to $55 from $50 at Truist 10/20/21 Piper Sandler PacWest Bancorp price target raised to $62 from $56 at Piper Sandler 01/25/22 Stephens Pacific Premier downgraded to Equal Weight at Stephens after Q4 report 01/25/22 Stephens Pacific Premier downgraded to Equal Weight from Overweight at Stephens 10/07/21 Raymond James Pacific Premier downgraded to Outperform on valuation at Raymond James 10/07/21 Raymond James Pacific Premier downgraded to Outperform from Strong Buy at Raymond James $622.36 / +37.96 (+6.50%)
01/24/22 Truist SVB Financial price target lowered to $800 from $850 at Truist 01/24/22 Stephens SVB Financial price target lowered to $700 from $790 at Stephens 01/21/22 Janney Montgomery Scott SVB Financial downgraded to Neutral from Buy at Janney Montgomery Scott 01/13/22 Morgan Stanley NatWest Group, SVB Financial added as top bank picks at Morgan Stanley 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 09/07/21 DA Davidson TriCo Bancshares upgraded to Buy from Neutral at DA Davidson 08/03/21 Piper Sandler TriCo Bancshares upgraded to Overweight on valuation at Piper Sandler 08/02/21 Piper Sandler TriCo Bancshares upgraded to Overweight from Neutral at Piper Sandler 02/11/22 Keefe Bruyette Umpqua Holdings resumed with a Market Perform at Keefe Bruyette 01/04/22 Wells Fargo Wells Fargo downgrades Umpqua Holdings to Equal Weight, cuts price target to $20 01/04/22 Wells Fargo Umpqua Holdings downgraded to Equal Weight from Overweight at Wells Fargo 10/13/21 DA Davidson Columbia Banking upgraded to Buy from Neutral at DA Davidson 01/19/22 Umpqua Holdings reports Q4 EPS 41c, consensus 43c 10/20/21 Umpqua Holdings reports Q3 EPS 49c, consensus 44c 01/25/22 TriCo Bancshares reports Q4 EPS 94c, consensus 90c 01/25/22 TriCo Bancshares reports 94c, consensus 90c 10/26/21 TriCo Bancshares reports Q3 EPS 92c, consensus 93c $622.36 / +37.96 (+6.50%)
01/20/22 SVB Financial reports Q4 EPS $6.22, consensus $6.51 10/21/21 SVB Financial reports Q3 EPS $6.24, consensus $5.04 01/19/22 PacWest Bancorp reports Q4 EPS $1.14, consensus $1.00 10/18/21 PacWest Bancorp reports Q3 EPS $1.17, consensus $1.03 01/20/22 National Bank reports Q 4EPS 74c, consensus 60c 10/19/21 National Bank reports Q3 EPS 64c, consensus 62c 01/24/22 Independent Bank reports Q4 adjusted EPS $1.28, consensus $1.25 10/25/21 Independent Bank reports Q3 EPS $1.21, consensus $1.30 01/27/22 Heritage Financial reports Q4 EPS 55c, consensus 46c 10/21/21 Heritage Financial reports Q3 EPS 58c, consensus 52c 01/31/22 Five Star reports Q4 EPS 66c, consensus 54c 10/25/21 Five Star Bancorp reports Q3 EPS 64, two estimates 46 01/27/22 First Interstate reports Q4 EPS 83c, consensus 72c 10/26/21 First Interstate reports Q3 EPS 76c, consensus 74c 10/27/21 Coastal Financial reports Q3 EPS 54c, two est. 41c 01/25/22 Banc of California reports Q4 EPS 7c, consensus 17c 10/21/21 Banc of California reports Q3 EPS 42c, consensus 13c