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

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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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PHOENIX--(BUSINESS WIRE)--Western Alliance to Participate in BancAnalysts Association of Boston Conference.

Western Alliance to Participate in BancAnalysts Association of Boston Conference

Western Alliance Bancorporation (NYSE:WAL ) Q3 2024 Earnings Conference Call October 18, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - President & CEO Dale Gibbons - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Christopher McGratty - KBW Jared Shaw - Barclays Matthew Clark - Piper Sandler Bernard Von Gizycki - Deutsche Bank Timur Braziler - Wells Fargo Anthony Elian - JPMorgan Gary Tenner - D.A. Davidson Samuel Varga - UBS Jon Arfstrom - RBC Brandon King - Truist Securities Operator Hello, everyone, and a warm welcome to the Western Alliance Bancorporation Q3 2024 Earnings Call.

Western Alliance Bancorporation (WAL) Q3 2024 Earnings Call Transcript

Western Alliance Bancorporation WAL reported mixed earnings  for its third quarter on Thursday.

Western Alliance Posts Q3 Earnings Miss, Why 5 Analysts Are Still Bullish

The headline numbers for Western Alliance (WAL) give insight into how the company performed in the quarter ended September 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) Reports Q3 Earnings: What Key Metrics Have to Say

Western Alliance (WAL) came out with quarterly earnings of $1.80 per share, missing the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $1.97 per share a year ago.

Western Alliance (WAL) Misses Q3 Earnings Estimates

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

Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results

Evaluate the expected performance of Western Alliance (WAL) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Ahead of Western Alliance (WAL) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics

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.

Earnings Preview: Western Alliance (WAL) Q3 Earnings Expected to Decline

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET on Friday, October 18, 2024 to discuss the Company's performance. Participants may access the call by dialing 1-833-470-1428 using the access code 586867 or via live audio.

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

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Western Alliance Bancorp has rebounded strongly, with shares up 67% over the past year, driven by improved balance sheet flexibility and high-quality deposit growth. Western Alliance's net interest margins have improved due to a favorable liability mix and potential for further optimization of its interest-earning asset base. The bank's credit quality remains strong with limited consumer credit exposure and a well-capitalized position, despite a slight increase in provisions.

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WAL has outperformed the S&P 500 by 22% since my last buy rating. Loan portfolio and non-interest-bearing deposits grew in Q2 2024, leading to improved profitability. Further price appreciation is expected due to growth drivers, low P/TBV per share compared to historical values.

Western Alliance: A Flawless Quarterly From Multiple Perspectives

Western Alliance Bancorporation WAL posted upbeat quarterly results, after the closing bell on Thursday.

These Analysts Boost Their Forecasts On Western Alliance After Upbeat Earnings

Western Alliance Bancorporation (NYSE:WAL ) Q2 2024 Earnings Conference Call July 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 Steven Alexopoulos - J.P. Morgan Ebrahim Poonawala - Bank of America Brandon King - Truist Securities Timur Braziler - Wells Fargo Matthew Clark - Piper Sandler Bernard Von Gizycki - Deutsche Bank Christopher McGratty - KBW Samuel Varga - UBS Jon Arfstrom - RBC Operator Good day, everyone.

Western Alliance Bancorporation (WAL) Q2 2024 Earnings Call Transcript

The headline numbers for Western Alliance (WAL) give insight into how the company performed in the quarter ended June 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) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Western Alliance (WAL) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.96 per share a year ago.

Western Alliance (WAL) Q2 Earnings and Revenues Top Estimates

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

Western Alliance Bancorporation Reports Second Quarter 2024 Financial Results

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

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

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

News for Western Alliance Bancorporation Stock (WAL)