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.

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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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Bank of America

First Republic

Signature Bank

SVB Financial Group

This is an excerpt from Tom's guest article in the InvestorPlace Digest e-letter. To sign up for this newsletter, please click here.

The 5 Things You Must Know From This Week's Banking Crisis

PacWest Bancorp

First Republic, PacWest, and Western Alliance have exposure to the tech and venture capital sector. First Republic is sitting on a hefty amount of unrealized bond losses in its held-to-maturity bond portfolio.

First Republic, PacWest, and Western Alliance Have Sold Off Intensely. Are Any of These Stocks a Buy?

Adobe

General Motors

Lennar

MGM Resorts

According to JPMorgan, “Value investing is about picking stocks based on their potential long-term value,” and “Value investors are looking to buy stocks that are overlooked by other investors.” With concerns about the economy being way overdone at this point and fears on the Street, in general, running relatively high, there are many value stocks to buy that market is vastly underestimating “potential long-term value.

7 Great Value Stocks to Buy While You Can

Silvergate Capital Corp

A U.S. official said on Sunday that the deposit outflows that left many regional banks reeling in the wake of Silicon Valley Bank's failure had slowed and in some cases reversed, as investors tried to ascertain whether the crisis was contained.

US sees deposits stabilizing as some regional banks reel

Western Alliance Bancorp WAL, -10.54% said late Friday the bank remains in strong position even though it saw outflows this week following the failure of Silicon Valley Bank and Signature Bank. The bank said it “experienced elevated net deposit outflows” on Monday and that “net outflows have fallen sharply, with deposit balance fluctuations returning to normalized levels in recent days.

Western Alliance says it remains in a ‘strong position'

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank, the primary subsidiary of Western Alliance Bancorporation (NYSE: WAL), today issued the following statement reaffirming its financial strength. Western Alliance remains in a strong position, with immediately available liquidity of over $20 billion as of March 16, 2023.

Western Alliance Bank Provides End of Week Update

While the rescue of First Republic led to a market rebound, First Republic then suspended its dividend. PacWest is reportedly looking to further increase liquidity.

First Republic's Rescue and Dividend Triggers Regional Bank Sell-Off Today

Western Alliance Bancorporation is a regional bank based in Phoenix, Arizona. Given WAL's recent collapse in share price, we have seen Citadel Advisors swoon in and make a large common equity purchase.

Western Alliance Preferred Shares: High-Risk Bet Alongside Citadel Advisors

NEW YORK , March 16, 2023 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Western Alliance Bancorporation (NYSE: WAL) resulting from allegations that Western Alliance may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Western Alliance securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

NATIONALLY RANKED ROSEN LAW FIRM Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation - WAL

Credit Suisse

Goldman Sachs

JPMorgan Chase & Co

Wells Fargo

Zions Bancorp

As the banking crisis triggered by the collapse of Silicon Valley Bank unfolds, track the latest financial news and analysis. The post Bank Crisis appeared first on Investor's Business Daily.

Bank Crisis

KeyCorp

First Republic announced it is exploring its options including the potential for a sale. The European Central Bank raised interest rates by a half point this morning.

Why Shares of KeyCorp, PacWest, and Western Alliance Are Trading With Volatility Today

Shares in Western Alliance Bancorp (NYSE: WAL ) stock fell 10% overnight after Fitch put its debt on “rating watch negative.” The move doesn't mean its financing costs are rising, but it does mean that they might.

WAL Stock Alert: Fitch Places Western Alliance on Watch

Western Alliance Bancorp stock WAL fell 8% in premarket trades after credit rating agency Fitch Ratings placed the company's debt and deposit ratings on rating watch negative. Fitch analysts said current market conditions “have created liquidity stresses outside the baseline assumptions.

Western Alliance Bancorp stock falls as Fitch places company on negative rating watch

What a chaotic couple of days it's been for Western Alliance Bancorp (NYSE: WAL ) and regional banks in general. The SPDR S&P Regional Banking ETF (NYSEARCA: KRE ) is down slightly today, off about 2%, while WAL stock is soaring, up more than 15% at the moment.

Why UBS Thinks Western Alliance (WAL) Is the Best Bank Stock to Buy Now

The price movement in banks is likely to remain choppy for a short time before evening out and returning to previous highs. This Silicon Valley Bank ( SIVB , Financial) panic reminds me of the 2020 oil panic, when oil prices went negative and a lot of industry participants dropped in share price in a similar fashion to how the stocks of banks have acted so far this week.

2 Regional Banking Bargains

The recent collapse of  SVB Financial's (NASDAQ: SIVB ) principal subsidiary, Silicon Valley Bank, has left many investors with deep concerns regarding the banking sector. The dust is still settling from the crisis as many bank stocks struggle to regain the ground they lost last week.

Ken Griffin Is Betting Big on Western Alliance (WAL) Stock

American Express

Comerica

UMB Financial

The bank crisis looks to widen Wednesday as more U.S. banks prepare for losses as Credit Suisse drags European banks lower. The post Bank Crisis: U.S. Banks Head For More Losses, Rattled By European Weakness appeared first on Investor's Business Daily.

Bank Crisis: U.S. Banks Head For More Losses, Rattled By European Weakness

Regional bank stocks plunged as part of a major premarket selloff on Wednesday morning.

Regional bank stocks plunge as Credit Suisse, Moody's downgrade rattle US market

Western Alliance (WAL) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.

Strength Seen in Western Alliance (WAL): Can Its 14.4% Jump Turn into More Strength?

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against Western Alliance Bancorporation (“Western Alliance” or the “Company”) (NYSE: WAL) on behalf of Western Alliance stockholders. Our investigation concerns whether Western Alliance has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action.

WESTERN ALLIANCE ALERT: Bragar Eagel & Squire, P.C. is Investigating Western Alliance Bancorporation on Behalf of Western Alliance Stockholders and Encourages Investors to Contact the Firm

Even after the safety measures announced by the Federal Reserve and the FDIC, trading on Monday saw stock prices sink across the banking sector.

Bank Stocks Rally On Tuesday As Investors Ask - Why Are Banks Collapsing?

Regional bank stocks rebounded Tuesday as some investors were banking that contagion risks have been contained following the closure of Silicon Valley Bank and Signature Bank. On Sunday, US regulators said they created a plan to backstop all depositors in the two banks.

First Republic Bank, Western Alliance Bancorporation lead regional bank stock rally as contagion fears ease

Markets are still recovering from last week's catastrophic events when SVB Financial's (NASDAQ: SIVB ) principal subsidiary, Silicon Valley Bank collapsed. When the financial institution announced an inability to cover its losses and a plan to issue new shares, it triggered a bank run that ultimately caused the U.S. government to step in and take control.

Warning! 3 More Bank Stocks That Could Collapse Next.

First Republic Bank and other regional lenders Tuesday clawed back from their worst selloff in three years, a sign that regulators' emergency measures to contain a banking crisis are calming investors.

Regional Banks Stage Big Rally Following Monday Rout

The collapse of SVB Financial Group and Signature Bank had investors panicking about other potential bank runs yesterday. First Republic, Western Alliance, and PacWest do have unrealized losses sitting in their bond portfolios.

News for Western Alliance Bancorporation Stock (WAL)