Zions Bancorporation (NASDAQ:ZION) was upgraded by equities research analysts at Keefe, Bruyette & Woods from a “market perform” rating to an “outperform” rating in a research note issued to investors on Tuesday. Zions Bancorporation (NASDAQ:ZION) stock opened at $29.84 in last session, and closed at $29.91, while the day range of ZION stock is $29.74 – $30.13. The stock showed a negative weekly performance of -1.25%.
Sterling Savings Bank is paying $7 million to offload six Oregon branches to Banner Bank.The deal is tied to Sterling’s pending sale to Portland-based Umpqua Holdings Corp (NASDAQ:UMPQ). That merger is under review by federal banking regulators, who required Sterling to divest the Oregon branches. Umpqua Holdings Corp (NASDAQ:UMPQ) stock opened at $16.79, in last session and closed at $16.78, by gaining 0.48%. The 52 week range of UMPQ is $11.45 – $19.65. Company’s market capitalization is $1.88billion.
PacWest Bancorp (NASDAQ:PACW) will begin trading ex-dividend on February 20, 2014. A cash dividend payment of $0.25 per share is scheduled to be paid on March 05, 2014. PacWest Bancorp (NASDAQ:PACW) stock advanced 3.30% and finished the last session at $39.78. The EPS of the stock remained 1.04. Company’s market capitalization is $1.76billion.
Western Alliance Bancorp. (NYSE:WAL) EVP Bruce Hendricks sold 20,000 shares of the stock on the open market in a transaction that occurred on Thursday, February 20th. Western Alliance Bancorporation (NYSE:WAL) stock opened the session at $21.78, and closed the session at $21.82. The 52 week range of the WAL stock remained $12.91 – $25.26 and the day range was $21.65 – $22.10.
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