What's Happening With These Banking Stocks? -- Zions, Western Alliance, Banc of California, and Pacific Premier
NEW YORK, Dec. 12, 2017 /PRNewswire/ -- In keeping with the commitment to dynamically provide members with timely information, WallStEquities.com has issued free tailored Stock Review on ZION, WAL, BANC, and PPBI which is a click away at www.wallstequities.com/registration. This morning, WallStEquities.com shifts focus on the Regional Pacific Banks space, which includes depository institutions that operate in a specific region of a country, such as the Pacific. These banks provide a wide range of financial services, including deposits, loans, leases, mortgages, credit cards, and ATM services. Equities under observation this morning are: Zions Bancorp. (NASDAQ: ZION), Western Alliance Bancorp. (NYSE: WAL), Banc of California Inc. (NYSE: BANC), and Pacific Premier Bancorp Inc. (NASDAQ: PPBI). See what Wall St. Equities' research desk has to say about these stocks, join our members and enjoy of your free research reports at:
www.wallstequities.com/registration
Zions Bancorp.
On Monday, shares in Salt Lake City, Utah headquartered Zions Bancorp. saw a decline of 1.94%, ending the day at $49.94. The stock recorded a trading volume of 1.86 million shares. The Company's shares have advanced 13.58% in the last one month, 15.26% over the previous three months, and 16.03% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.99% and 13.56%, respectively. Moreover, shares of Zions have a Relative Strength Index (RSI) of 59.44.
On November 20th, 2017, Zions announced the Company's intention to streamline its corporate structure by merging the parent company into its banking subsidiary, ZB, N.A., or one of its subsidiaries. The resulting entity will bear the name Zions Bancorporation, N.A., and will continue to operate with its existing local brand names and management teams in markets throughout Western US. Looking for insightful coverage on ZION sign up for free at:
www.wallstequities.com/registration/?symbol=ZION
Western Alliance Bancorp.
Shares in Phoenix, Arizona headquartered Western Alliance Bancorp. ended the day 1.75% lower at $57.94 with a total trading volume of 524,714 shares. In the last month and the previous three months, the stock has gained 7.96% and 21.54%, respectively. Additionally, the Company's shares have advanced 18.95% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 5.13% and 15.32%, respectively. Furthermore, shares of Western Alliance have an RSI of 59.86. Today's complimentary research report on WAL is accessible at:
www.wallstequities.com/registration/?symbol=WAL
Banc of California
At the close of trading on Monday, shares in Irvine, California headquartered Banc of California Inc. finished 0.95% lower at $20.95. A total volume of 1.00 million shares was traded, which was above their three months average volume of 786,070 shares. The stock has advanced 6.62% in the last one month, 10.85% over the previous three months, and 20.75% on an YTD basis. The Company's shares are trading above their 50-day and 200-day moving averages by 0.43% and 2.02%, respectively. Additionally, shares of Banc of California have an RSI of 46.74.
On November 17th, 2017, Banc of California announced that its Board of Directors has declared a quarterly cash dividend of $0.13 per share on the Company's outstanding common stock. The dividend will be payable on January 02nd, 2018 to stockholders of record as of December 15th, 2017. Based on the trading price of $20.55 as of close of market on November 16th, 2017, the cash dividend results in an annualized dividend yield of 2.53%. Register now for your free research document on BANC at:
www.wallstequities.com/registration/?symbol=BANC
Pacific Premier Bancorp
Irvine, California headquartered Pacific Premier Bancorp Inc.'s shares recorded a trading volume of 305,136 shares at the end of yesterday's session. The stock closed the day 1.83% lower at $37.65. The Company's shares have advanced 0.94% in the past month, 8.19% in the previous three months, and 6.51% on an YTD basis. The stock is trading above its 200-day moving average by 1.38%. Additionally, shares of Pacific Premier have an RSI of 38.61.
On November 17th, 2017, Pacific Premier announced a multi-year partnership with the National Football League's Los Angeles Chargers. As part of this relationship, Pacific Premier Bank will proudly serve as the official business bank of the Chargers. Pacific Premier Bank, which now has an expanded presence in the Los Angeles market with its recently acquired branch locations in the cities of Pasadena, Montebello, El Segundo, and Manhattan Beach, will provide the Chargers with tailor-fit business banking products and services. Click on the link below and see our free report PPBI at:
www.wallstequities.com/registration/?symbol=PPBI
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