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What's Happening With These Banking Stocks? -- Zions, Western Alliance, Banc of California, and Pacific Premier


News provided by

Wall St. Equities

Dec 12, 2017, 05:40 ET

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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

--

Wall St. Equities:

Wall St. Equities (WSE) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. WSE has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

WSE has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by WSE. WSE is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY

WSE, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. WSE, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, WSE, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither WSE nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

https://wallstequities.com/legal-disclaimer/

CONTACT

For any questions, inquiries, or comments reach out to us directly. If you're a company, we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
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SOURCE Wall St. Equities

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