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

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Earnings data Q4 2021

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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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First Horizon National

SPDR S&P Regional Banking ETF

PacWest Bancorp

U.S. regional banks might be making a short-term bottom on Friday as seller exhaustion appears to have emerged following four consecutive sessions of losses in bank shares, according to Mark Newton, head of technical strategy at Fundstrat.

U.S. regional banks poised for a ‘short-term bottom' Friday, says Fundstrat's Mark Newton

Zions Bancorp

Investor sentiment toward regional banks had gotten so negative, J.P. Morgan analyst Steven Alexopoulos said it was time to back away from his bearish stance on the sector, and even turn bullish on three beaten-down stocks.

Zions, Western Alliance stocks soar after J.P. Morgan says buy, because they are ‘substantially mispriced'

JPMorgan Chase & Co

Metropolitan Bank Hld

Shares of embattled regional bank stocks were rebounding Friday, but ongoing uncertainty in the sector has led to growing calls for the federal government to take action to restore investor and depositor confidence in these institutions.

Regional bank crisis: Here's how DC might act to stop the bleeding

This morning, The Wall Street Journal posted an interesting question: “Are regional banks the new meme stocks?” The concept might have seemed outlandish a few months ago.

Are PACW and WAL Really the Next Meme Stocks?

After a difficult session yesterday, market momentum has shifted for some regional bank stocks. Both PacWest Bancorp (NASDAQ: PACW ) and Western Alliance (NYSE: WAL ) are rising steadily, a stark contrast to their performances yesterday.

Bank Stocks Alert: Why PACW, WAL Stocks Are Surging Today

Western Alliance (NYSE: WAL ) stock is climbing higher on Friday after the regional bank's shares were upgraded by JPMorgan. Analyst Steven Alexopoulos is behind today's upgrade, which bumps shares of WAL stock up from a “neutral” rating to an “overweight” rating.

WAL Stock Alert: Why JPMorgan Just Upgraded Western Alliance Shares

Home BancShares

Hovde Group analysts on Friday said bank stocks offer a “rare entry point” as they called a potential bottom to the steep selloffs in the sector amid speculation about further bank failures despite updates from regional banks on deposit strength.

Hovde Group calls ‘near bottom' in bank stocks after potential ‘market manipulation' in sector

Friday's rally for stocks like PacWest and Western Alliance made only a small dent in the week-to-date losses

Regional bank stocks rebound on Friday, but still headed for steep losses on the week

PacWest Bancorp PACW is up 12.6% in premarket trades on Friday, as it recovered some of its steep losses from the previous session. Western Alliance Bancorp WAL is up 13.3% and First Horizon Corp. FHN is higher by 7.2%.

PacWest, Western Alliance Bancorp stocks rebound from heavy losses

Sharp drops Thursday are being partly retraced in early trading Friday after a tumultuous week that has seen turmoil return to regional lenders.

PacWest Leads Bank Stock Rebound. Western Alliance and First Horizon Also Jump.

The trade group representing U.S. banks has asked the Securities and Exchange Commission to take action against what it calls market manipulation and abusive short-selling practices after the latest nosedive in the stock market.

Banking group asks SEC for probe after alleging abusive short-selling practices

State and federal authorities are looking into the possibility of market manipulation behind recent volatility in bank stocks, according to a report Thursday.

Bank stocks' volatility draws scrutiny for potential market manipulation: report

SPDR S&P Bank ETF

U.S. bank shares, brutalized since the early March collapse of Silicon Valley Bank, may have further to drop before investors need to worry about economic growth, according to Oxford Economics.

Bank stocks may need to drop at least 30% before its time to worry about the economy, says study

Western Alliance says it will not be the next regional bank to go up for sale. The Arizona-based lender on Thursday (May 4) denied a report from earlier in the day by the Financial Times (FT) that it was considering a sale.

Western Alliance Denies ‘Irresponsible' Reports of Sale

First Republic

On any given day, various exchanges report multiple trading halts. These halts can take place for various reasons, including pending news or too much volatility.

Halted Stocks Alert: Bank Stocks PACW, WAL Face Trading Halts

KeyCorp

U.S. Bancorp

Rumors were circulating earlier that Western Alliance was exploring a sale, but the bank has since denied these reports. Regional banks have had a difficult week, despite reporting earnings not long ago that seemed to reassure the market.

Why Shares of Western Alliance Bancorp, U.S. Bancorp, and KeyCorp Are Falling Today

U.S. officials at the federal and state level are assessing the possibility of "market manipulation" behind big moves in banking share prices in recent days, a source familiar with the matter said on Thursday.

Exclusive: U.S. officials assessing possible 'manipulation' on banking shares- source

The bank panic went into phase 2, experienced a reboot this week. Tuesday's massive sell-off in the community banking market creates March-like investment opportunities.

Western Alliance: Important Deposit And Liquidity Update

The ongoing banking crisis is unnerving Americans in a way that hasn't been seen since the Great Recession, according to a new poll.

‘We are running out of time': People have not been this worried about their bank deposits since the Great Recession, Gallup says

Another financial institution may be on the verge of collapse. Western Alliance Bancorp (NYSE: WAL ) has been sliding for weeks as the banking crisis has progressed.

Is Western Alliance (WAL) Stock on the Brink of an FDIC Death?

Shares of Western Alliance Bank tumbled 53% Thursday on reports that the regional bank is the latest to explore a potential sale.

Western Alliance stock falls 53% after reports that the bank is exploring a sale

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Issues Statement Disputing Recent Financial Times Article.

Western Alliance Bancorporation Issues Statement Disputing Recent Financial Times Article

Western Alliance Bancorp's WAL, -38.96% stock moved more deeply into the red on Thursday morning after a report by the Financial Times that the bank is considering strategic alternatives for its business. Western Alliance stock fell 58% in recent trades to $12.35 a share, lower than the stock's price of $22 a share in its initial public offering in 2005.

Western Alliance Bancorp losses steepen after report it's exploring strategic options

Western Alliance is exploring strategic options including a potential sale of all or part of its business, the Financial Times reported on Thursday citing two people briefed on the matter.

Western Alliance latest US bank to explore sale, Financial Times reports

PacWest Bancorp and First Horizon shares fall as investors wonder how much further regional-banking problems could spread.

News for Western Alliance Bancorporation Stock (WAL)