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PacWest Bancorp (NASDAQ:PACW) on Tuesday posted better-than-expected Q1 earnings, while deposits stabilized toward the end of the quarter and grew further this month, sending its stock 14.4% higher after the bell.
Q1 adj. EPS was $0.66 vs. $0.54 in Q1 2022, and revenue increased 94.7% Y/Y to $315.69M. Net