Boom Or Bust? PacWest, Bank Of California Analysts React To Transformational Bank Merger

PacWest Bancorp (NASDAQ:PACW) and Banc Of California Inc (NYSE:BANC) entered into a definitive agreement late Tuesday to combine in an all-stock merger transaction. Here’s what the street has to say about the transformational bank merger.

Wedbush analyst David Chiaverini views the business combination as fair, but not “overwhelmingly attractive” for PacWest shareholders.