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 Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q2 2024

Western Alliance Bancorporation reports resilient Q1 performance amidst industry turbulence

Western Alliance Bancorporation's Q1 2023 performance reflects resilience amidst industry turbulence. The company is focused on rebuilding capital, enhancing client relationships, and managing deposit outflows. It anticipates opportunities in finalizing plan sales, stability in economic downturns, and further deposit rate increases.

WAL reports strong Q2 earnings, focuses on core banking needs

WAL's Q2 2023 performance reflects strong financials and a focus on core client banking needs. While facing challenges from client disruption and managing deposit costs, the bank sees opportunities in loan growth and attracting more liquidity. Overall, the bank remains optimistic about stability and growth going into Q3.

Western Alliance Bancorporation reports strong Q3 performance and eyes 2024 growth opportunities

Western Alliance Bancorporation's Q3 2023 performance showcased strong deposit growth, capital bolstering, and a focus on investing in new products and services. Despite challenges in the stock performance and anticipated rate changes, the bank sees opportunities in returning loan and deposit growth in 2024.

Western Alliance reports strong Q4 earnings and outlines growth strategies for 2024

Western Alliance Bancorporation's Q4 2023 performance showcased strong earnings and balance sheet growth, with a focus on liquidity and capital expansion for 2024. While facing challenges related to loan growth and fee income, the company is strategically positioning itself for future growth through new deposit verticals and potential buybacks. Engaging with rating agencies and maintaining strong capital levels present opportunities for accelerated business growth.

Western Alliance Bancorporation excels in Q1, eyes growth strategies

Western Alliance Bancorporation's Q1 2024 performance showcased strong financial results, with a focus on growth, efficiency, and asset quality. The company's strategic initiatives to drive balance sheet expansion and manage costs position it well for future opportunities and challenges in the market.

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Ken Griffin's Citadel now owns a 5.3% stake in Western Alliance Bancorporation, according to a 13G filing made with the SEC on Tuesday.

Ken Griffin's Citadel just took a 5% stake in a regional bank that was crushed by the collapse of SVB

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Shares of Western Alliance Bancorp. WAL shot up 38.8% in morning trading Tuesday, to stage a big bounce following the drubbing they suffered the past three sessions, after hedge fund Citadel Advisors LLC disclosed that it had acquired a 5.3% stake in the Arizona-based regional bank.

Western Alliance stock soars nearly 40%, as Citadel boosts stake to over 5%

Hedge fund Citadel on Tuesday said it bought a 5.3% stake in Western Alliance Bancorporation , sending a strong signal of confidence as the company was swept up in growing fears of a broader financial crisis after two other banks were seized.

Citadel discloses 5% stake in Western Alliance amid sell-off

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Bank stocks rebounded overnight on March 14. The Federal Reserve's action guaranteeing demand deposits over $250,000 seems to have calmed the markets.

Why Are Bank Stocks KEY, WAL, SCHW, FITB, HBAN, TFC Up Today?

After losing heavily on Friday already; on Monday, Western Alliance Bank stock crashed by as much as 70%, prompting a trading halt. In this article, I will have a look at WAL's finances - highlighting key considerations regarding the bank's balance sheet and income statement.

Western Alliance Bancorporation: Potential Triple-Digit Upside Opportunity For The Brave

Ratings agency Moody's has put US regional banks First Republic and Western Alliance under review for possible downgrade after Silicon Valley Bank's failure.

SVB-rattled banks First Republic and Western Alliance go on downgrade watch at Moody's

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Investors are worried that problems like those at SVB could manifest at First Republic, Western Alliance, and PacWest. These three banks have some similarities with SVB but are also significantly different.

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First Republic Bank and Western Alliance Bancorp bounced back in early trading after sharp falls.

Bank Stocks Recover After Biggest Day of Losses Since 2020

In flashbacks to 2008, we have seen major banks collapse and be taken over. Bank stocks are being crushed.

Western Alliance Bancorporation: Is My Money Safe?

SVB Financial (NASDAQ: SIVB ) subsidiary Silicon Valley Bank (SVB) is shining a light on the struggling banking industry. The bank's inelegant crash is sparking a frenzy of worry touching each institution, each investor, and even those whose exposure to the banking world is limited simply to a savings account.

5 Investors Betting Big on Western Alliance (WAL) Stock

Western Alliance and First Republic fell more than 75% Monday following the failures of its regional banking peers Silicon Valley Bank and Signature Bank.

Bank Stock Crash Intensifies: Losses Top $185 Billion As Analyst Warns SVB Failure Risks Intense Regulator Scrutiny

Western Alliance Bancorp WAL said Monday it has taken extra steps to ensure liquidity following last week's failure of SVB Financial's SIVB Silicon Valley Bank. “Western Alliance has taken additional steps to strengthen its liquidity position to ensure that we are in a position to meet all of our client funding needs, including increasing our borrowing capacity,” said Western Alliance Chief Executive Kenneth Vecchione in a filing with the Securities and Exchange Commission Monday.

Western Alliance taking ‘extra steps' to ensure liquidity

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The collapse of two major U.S. banks within days has put the spotlight on other mid-cap lenders' balance sheets, with a few of them rushing to calm investors' fears of a contagion in the broader financial system.

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PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL), in light of recent industry events, filed an updated Form 8-K this morning.

Western Alliance Bank Issues Updated Form 8-K in Light of Recent Industry Developments

LOS ANGELES--(BUSINESS WIRE)---- $WAL #WAL--The Schall Law Firm Announces it is Investigating Claims Against Western Alliance Bancorporation and Encourages Investors to Contact the Firm

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against Western Alliance Bancorporation and Encourages Investors with Losses to Contact the Firm

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U.S. Small and Mid-Sized Banks Plunge on SVB Debacle.

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Despite the government's actions to boost confidence in the banking system, regional banks are under tremendous pressure. Several regional banks are down by 50% or more on Monday morning.

Why Are So Many Regional Banks Getting Crushed Today?

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Many bank stocks are sinking this morning on continued fears about their financial health. The worries are arising despite the U.S. government's decision, announced yesterday, to guarantee all of the deposits held by SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank, which was closed by federal and Californian regulators on Friday.

Why Are Bank Stocks SCHW, PACW, WAL, BAC, WFC, CS, GS, ALLY Down Today

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Stock markets fail to be reassured by Joe Biden's intervention, as SVB failure is followed by Signature

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To gauge the panic-like activity of bank investors in the wake of the recent failures of SVB Financial Group's SIVB, Silicon Valley Bank and Signature Bank SBNY, -22.87% , investors can check out the Nasdaq's “Current Trading Halts” page. Multiple banks have had their stock halted for volatility, some more than once, since the opening bell.

Stocks of multiple banks get halted for volatility, more than once, to start the trading day

Markets initially applauded federal efforts to shore up banks, but those gains quickly reversed course Monday morning. Shares of First Republic and Western Alliance were among the worst performers in premarket trading.

Why Bank Stock Investors Are Still Scared

NEW YORK--(BUSINESS WIRE)--WHY: Rosen Law Firm, a global investor rights law firm, announces that it is investigating 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.

WAL INVESTOR NOTICE: ROSEN, A LEADING LAW FIRM, Encourages Western Alliance Bancorporation Investors With Losses In Excess of $100K to Inquire About Securities Class Action Investigation – WAL

News for Western Alliance Bancorporation Stock (WAL)