🚨 #BreakingNews: Pacific Western Bank is on the brink of collapse.

Pacific Western Bank (total assets: $44B) is down ~44% after hours. Bloomberg just reported the bank is exploring strategic options, including a sale, given recent market stress. That would be an ~85% drop since the start of 2023.

#PacificWesternBank
#LockharTVMedia

ICAO: #A030B1
Flt: #N111HZ #PACIFICWESTERNBANK
First seen: 2023/03/28 17:49:50
Min Alt: 3950 ft MSL
Min Dist: 1.56 nm

#planefence #adsb - https://planefence.com
https://globe.adsbexchange.com/?icao=a030b1&lat=42.391342&lon=-71.135663&zoom=12&showTrace=2023-03-28