Western Alliance Bancorporation

Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Western Alliance Bancorporation excels in 2022, eyes balanced growth in 2023

Western Alliance Bancorporation's strong performance in 2022 positions it well for continued growth in 2023, with a focus on maintaining asset quality, balancing loan and deposit growth, and optimizing expenses. The company aims to leverage its balance sheet for net interest income growth and navigate challenges to achieve its strategic goals.

Western Alliance Bancorporation reports solid Q1 performance amidst deposit challenges

Western Alliance Bancorporation demonstrated resilience in Q1 amidst deposit outflows, focusing on rebuilding capital, deepening client relationships, and targeting deposit growth in resilient segments.
The bank's proactive approach to financial management, stable NIM outlook, and emphasis on core relationships position it well for steady growth and operational efficiency.
Challenges in managing deposit outflows, interest rate uncertainties, and credit normalization processes are balanced by opportunities in deposit growth strategies, efficiency improvements, and revenue enhancement.

Western Alliance Bancorporation reports robust Q2 performance and growth outlook

Western Alliance Bancorporation (WAL) delivered a strong Q2 performance with robust revenue and deposit growth, focusing on balance sheet strength and client relationships.
While challenges exist in retaining deposits and managing costs post-rate hikes, WAL is well-positioned to capitalize on opportunities in revenue diversification and expense efficiency.
Anticipated stable asset quality, provision levels, and EPS, coupled with a strategic focus on growth and risk management, signal a positive outlook for WAL's future performance.

Western Alliance Bancorporation posts strong Q3 results amidst market challenges

Western Alliance Bancorporation demonstrated strong financial performance in Q3 2023, driven by deposit growth and improved capital ratios.
While facing challenges such as rising mortgage rates and potential net charge-offs, the bank is poised for continued growth and stability in 2024.
Opportunities in sustaining income streams, expanding loan portfolios, and enhancing digital platforms position the bank for future success.

Western Alliance Bancorporation reports robust Q4 earnings and eyes growth opportunities

Western Alliance Bancorporation (WAL) delivered strong Q4 results, focusing on balance sheet growth, liquidity enhancement, and maintaining stable asset quality. While challenges like economic uncertainties and potential fee income decreases exist, opportunities for growth through liquidity building and M&A transactions are on the horizon.

Western Alliance Bancorporation reports strong Q1 performance and outlines growth strategies for 2024

Western Alliance Bancorporation (WAL) delivered a strong Q1 2024 performance with notable financial results and strategic achievements, emphasizing sustainable growth and robust risk management practices.
Despite facing challenges like increased classified assets and NIM pressure, the company's focus on capital management, organic growth, and revenue diversification positions it well for future opportunities.
With a clear roadmap for achieving upper teens return on tangible equity and a commitment to prudent risk management, Western Alliance Bancorporation showcases resilience and strategic foresight in a dynamic market environment.
Investors can be optimistic about the company's performance outlook, given its strong financial fundamentals, growth targets, and proactive approach to addressing industry challenges.

Western Alliance Bancorporation excels in Q2, eyes growth opportunities

Western Alliance Bancorporation delivered strong financial results in Q2, driven by earnings growth strategies and solid core performance.
While facing challenges such as provision expenses and revenue diversification, the bank's focus on asset quality and growth opportunities bodes well for the future.
With a positive outlook for loan and deposit growth in 2024, Western Alliance Bancorporation is poised for continued success in the market.

Western Alliance Bancorporation reports strong Q3 earnings and eyes growth opportunities

Western Alliance Bancorporation (WAL) delivered strong financial performance in Q3 2024, driven by solid earnings and growth in key business segments.
While facing challenges such as seasonal deposit outflows and margin compression, the company remains well-positioned with stable asset quality and growth prospects.
Opportunities exist in optimizing deposit mix, managing costs, and sustaining growth momentum to capitalize on future prospects.
Overall, the company's positive outlook for 2025 underscores confidence in its ability to navigate challenges and capitalize on opportunities for continued success.

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Western Alliance (WAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Western Alliance (WAL) to Report a Decline in Earnings: What to Look Out for

PHOENIX--(BUSINESS WIRE)--Alliance Association Bank today announced that it has expanded its team of experienced bankers serving the HOA and community management sector with the additions of Kenneth Sonner and Anthony Dister. Alliance Association Bank is a division of Western Alliance Bank that offers deposit, financing, payment and technology solutions designed for community management companies and homeowner associations nationwide. “We are excited to welcome these two experienced professiona.

Alliance Association Bank Expands Community Association Banking Team With Additions of Kenneth Sonner and Anthony Dister

SAN DIEGO--(BUSINESS WIRE)--Western Alliance Bank today announced a strategic expansion of its Commercial Banking team with the hire of Leo Munoz as Industry Executive for Food and Agriculture. Munoz, who brings more than 25 years of banking experience, will expand the bank's commercial banking focus throughout California's Central Valley. A lifelong resident of the Central Valley, he is based in Fresno. “We are extremely happy to welcome Leo to the Western Alliance Bank team as a key advisor t.

Western Alliance Bank Powers Agriculture Specialization With Addition of Industry Executive Leo Munoz

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PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A. Lynch brings tremendous experience to her elevated role, having served previously as Managing Director in the Corporate Trust group at Western Alliance Trust Company, N.A. "Jocelyn's deep expertise, unwavering focus on clients and strategic mindset make her a natural choice to lead the Western Alliance Trust Company,” said Dale.

Jocelyn Lynch Promoted to Head of Western Alliance Trust Company, N.A.

Western Alliance Bancorporation reported better-than-expected earnings for Q1'24. Strong net interest income results drove the bank's earnings. Deposit balance increased by almost 31%, and high-cost borrowings declined by 61%.

Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Heather Kelly as the Head of the Business Escrow Services group. Heather brings with her a wealth of experience and expertise, having served previously as Chief Strategist, Managing Director, and Senior Relationship Manager for Western Alliance Bank's Business Escrow Services group. "Heather's leadership, strategic vision and deep understanding of the escrow services industry make her the ideal person to lead our.

Heather Kelly Appointed as Head of Western Alliance Bank's Business Escrow Services Group

Western Alliance Bancorporation (NYSE:WAL ) Q1 2024 Earnings Conference Call April 19, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - President & CEO Dale Gibbons - CFO Timothy Bruckner - Chief Banking Officer Conference Call Participants Jared Shaw - Barclays Casey Haire - Jefferies Steven Alexopoulos - J.P. Morgan Chris McGratty - KBW Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citi Matthew Clark - Piper Sandler Timur Braziler - Wells Fargo David Smith - Autonomous Brandon King - Truist Securities Gary Tenner - D.A.

Western Alliance Bancorporation (WAL) Q1 2024 Earnings Call Transcript

A change in the Fed's rate cut story and geopolitical tensions may have impacted WAL's YTD performance. 1Q24 results show that loan/deposit growth has been robust. Asset quality remains stable.

Western Alliance: Q1 2024 Results Reaffirm Improving Outlook

The headline numbers for Western Alliance (WAL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Western Alliance (WAL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

Western Alliance (WAL) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $2.30 per share a year ago.

Western Alliance (WAL) Q1 Earnings and Revenues Surpass Estimates

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports First Quarter 2024 Financial Results.

Western Alliance Bancorporation Reports First Quarter 2024 Financial Results

Beyond analysts' top -and-bottom-line estimates for Western Alliance (WAL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

Western Alliance (WAL) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast.

Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast

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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A. (“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+. On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis. The Outlook for the rating is Stable. The Issuer ra.

KBRA Publishes Ratings for Western Alliance Trust Company, N.A.

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Katie McDowell and Jon VanDerMeid to the organization's Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization's Aerospace, Defense and Government Services team, and VanDerMeid takes on the role of Credit Underwriting and Portfolio Manager, Commercial & Industrial to support the broader Commercial and Industrial team. “In a.

Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid

Citi analyst Ben Gerlinger on Wednesday highlighted a quartet of bank names with appealing valuations, momentum and quality despite headwinds caused by fewer rate cuts expected in 2024.

First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks

LOS ANGELES--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization's Commercial and Industrial team. Rathwick assumes the role of Vice President, Relationship Manager at Western Alliance Bank's Costa Mesa office and Anthony takes on the role of Vice President, Relationship Manager at the organization's Downtown Los Angeles office. “Bret and Michael's addition to the commercial banking team at Western Alliance Bank strengt.

Bret Rathwick and Michael Anthony Join Commercial and Industrial Team at Western Alliance Bank

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that Paulina Woo has joined the organization as a senior director, treasury management, in the bank's Corporate Finance and Public and Nonprofit Finance groups. Woo brings more than 15 years of experience providing investment advisory and treasury management consulting services to institutional and government clients across the western U.S. In her new role, she will lead dedicated teams that tailor banking solutions to meet the uni.

Western Alliance Bank Hires Paulina Woo as Senior Director, Treasury Management – Corporate Finance, Public and Nonprofit Finance

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Western Alliance Bancorporation (WAL) Q4 2023 Earnings Call Transcript

While the top- and bottom-line numbers for Western Alliance (WAL) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Western Alliance (WAL) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Western Alliance (WAL) came out with quarterly earnings of $1.91 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $2.67 per share a year ago.

News for Western Alliance Bancorporation Stock (WAL)