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 Q1 2022

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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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JPMorgan reports Friday, along with Wells Fargo, Citigroup and PNC Financial. Balance sheets and guidance may trump Q1 earnings.

JPMorgan Leads Bank Earnings This Week As Balance Sheets, Guidance Key

The regional banking crisis has caused Western Alliance's share price to crash, but the fog of uncertainty will soon be lifted. I expect that there will be no depository issues, net interest margin will remain strong, and that the loan book will be very resilient.

Western Alliance: My Top Buy With Significant Upside As Uncertainty Recedes

Many investors are concerned about the current banking sector crisis, and that's understandable. Yet, Western Alliance (NYSE: WAL ) is in a better capital position than the company's critics might think.

Weather the Banking Storm With WAL Stock

Western Alliance Bancorporation gave a liquidity and deposit update yesterday. The bank is seeing deposits flowing back. Net deposit outflows during the financial crisis were limited.

Western Alliance: Why I Am Buying The Drop Again

Amid a weak afternoon performance during the midweek session, Western Alliance (NYSE: WAL ) in particular, cut a worrying figure. WAL stock dropped around 11% as the underlying financial enterprise released its first-quarter earnings preview.

WAL Stock Price Prediction: Can Western Alliance Recover From Here?

Shares of Western Alliance Bancorp cut steep losses after the regional bank gave a new update showing deposit outflows stabilizing amid the banking crisis.

Western Alliance shares cut losses after the bank says deposit outflows are stabilizing

Western Alliance Bancorporation said on Wednesday its first-quarter deposits were 11% lower than at the end of 2022, as customers spooked by the U.S. banking crisis pulled out funds.

Western Alliance Bancorp's deposits fall 11% on U.S. banking crisis fallout

The regional bank provided a financial update ahead of its first-quarter earnings report on April 18.

Western Alliance Bancorp Tumbles After Business Update

The bank reported a large increase in insured deposits. But it didn't provide an exact deposit number, which has investors worried.

Why Shares of Western Alliance Bancorp Are Falling Today

Morgan Stanley cut its outlook for midsized banks; Western Alliance tumbled after giving a financial update. The post Morgan Stanley Cuts Regional Bank Outlook; Western Alliance Dives On Financial Update appeared first on Investor's Business Daily.

Morgan Stanley Cuts Regional Bank Outlook; Western Alliance Dives On Financial Update

Western Alliance Bancorporation shares fell in premarket trading on Wednesday after the US regional lender noted an increase in the total insured deposit compared to the year-end period. The firm told investors that its available liquidity for the quarter was more than its uninsured deposits.

Western Alliance Bancorporation falls on investor concerns regarding deposit balance

Western Alliance Bancorp stock fell 5% in premarket trade Wednesday after the regional bank failed to provide a figure for its deposit balance as of March 31 in its latest financial update.

Western Alliance Bancorp's update likely to fall short with investors, analyst says

Here are some of the biggest movers on Wednesday, with Johnson & Johnson firmer but C3.ai extending recent losses.

J&J firmer on hopes for talc deal, but Western Alliance Bancorp slides as regional bank fears revive

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its first quarter 2023 financial results after the market closes on Tuesday, April 18, 2023. Kenneth A. Vecchione, President and CEO and Dale Gibbons, Vice Chairman and CFO will host a conference call at 12:00 p.m. ET on Wednesday, April 19, 2023 to discuss the Company's performance.

Western Alliance Bancorporation Announces First Quarter 2023 Earnings Release Date, Conference Call and Webcast, and provides Quarter End Financial Update

On my StockTwits account on March 27, I wrote, “My view is that the “banking crisis” was a relatively minor situation involving a few troubled banks that the Fed and other central banks could handle relatively easily.

3 Regional Bank Stocks to Buy Despite the Banking Crisis

On March 10, 2023, the world woke up to a big problem. One of the nation's largest banks, Silicon Valley Bank had failed, bringing a sobering realization: most banks are sitting on massive unrealized losses in their loan books and securities portfolios.

2 Toxic Regional Banks That Are Potential M&A Targets

NEW YORK , March 30, 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.

WAL LOSS ALERT: ROSEN, A LONGSTANDING LAW FIRM, Encourages Western Alliance Bancorporation Investors to Inquire About Securities Class Action Investigation - WAL

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Western Alliance Bancorp drew praise Thursday for its discounted price and “strong earnings engine” as financial advisor Hovde Group initiated coverage of the beaten-down bank stock with an outperform rating.

Hovde initiates coverage of Western Alliance at bargain price level

Truist analyst Brandon King cut stock price targets and earnings estimates for a host of banks, on expectations that net interest margins will fall, loan growth will slow and credit costs will increase. “[W]e continue to forecast a recession later this year with incrementally higher NCOs [net charge offs], provisioning and reserve levels,” King wrote in a note to clients.

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Western Alliance Bancorporation's market cap has declined by about half in the last 9 trading days. The community bank attracted a 5.4% investment from hedge fund Citadel at the beginning of the crisis.

Western Alliance: A 30%-Discounted Regional Bank Bargain

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News for Western Alliance Bancorporation Stock (WAL)