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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

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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Apollo Global (APO) and Athene to divest AmeriHome Mortgage to a subsidiary of Western Alliance in the second quarter of 2021.

Apollo Global (APO), Athene to Sell AmeriHome to Western Alliance

PHOENIX--(BUSINESS WIRE)--Western Alliance to Acquire AmeriHome, a Leading National B2B Mortgage Acquirer & Servicer

Western Alliance to Acquire AmeriHome, a Leading National B2B Mortgage Acquirer & Servicer

Western Alliance Bancorp saw its IBD SmartSelect Composite Rating rise to 96 Tuesday, up from 94 the day before. The post Top-Rated Stocks: Western Alliance Bancorp Sees Composite Rating Climb To 96 appeared first on Investor's Business Daily.

Top-Rated Stocks: Western Alliance Bancorp Sees Composite Rating Climb To 96

Strong lending activity and PPP-driven NIM upside helped drive a 10% beat at the PPOP line, while credit made an even bigger positive contribution to earnings. Western Alliance is rate-sensitive, not really a good thing in this market, but has been offsetting that with exceptional loan growth.

Even After A Strong Rebound, Western Alliance Has Some Upside

Western Alliance Bancorporation (WAL) CEO Kenneth Vecchione on Q4 2020 Results - Earnings Call Transcript

Western Alliance (WAL) delivered earnings and revenue surprises of 39.86% and 7.19%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Western Alliance (WAL) Beats Q4 Earnings and Revenue Estimates

Shares of Western Alliance (NYSE:WAL) were flat in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 54.40% over the past year to $1.93, which beat the estimate of $1.32.

Western Alliance: Q4 Earnings Insights

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2020 Financial Results

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2020 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2020 Earnings Release Date, Conference Call and Webcast

Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2020 Earnings Release Date, Conference Call and Webcast

Growth in loans and deposits is driving revenue growth while improving asset quality drove earnings higher. The stock is set to move higher but is not trading at a sizable premium-to-book.

Western Alliance: New Highs Are Ahead

Western Alliance Bancorporation (WAL) CEO Ken Vecchione on Q3 2020 Results - Earnings Call Transcript

Western Alliance (WAL) delivered earnings and revenue surprises of 30.77% and -0.53%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Western Alliance (WAL) Tops Q3 Earnings Estimates

Shares of Western Alliance (NYSE:WAL) moved lower by 0.85% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share were up 9.68% over the past year to $1.36, which beat the estimate of $1.04.

Western Alliance: Q3 Earnings Insights

PHOENIX--(BUSINESS WIRE)--Western Alliance Reports Third Quarter 2020 Financial Results

Western Alliance Reports Third Quarter 2020 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Third Quarter 2020 Earnings Release Date, Conference Call and Webcast

Western Alliance Bancorporation Announces Third Quarter 2020 Earnings Release Date, Conference Call and Webcast

PHOENIX, Aug. 6, 2020 /PRNewswire/ -- Western Alliance Bank, Member FDIC, Equal Housing Lender, today announced the hiring of Diane Gallion to lead its newly formed SBA Enterprise Lending Group.

Western Alliance Bank Hires Diane Gallion to Lead New SBA Enterprise Lending Group

The provision expense will likely decline in the second half of 2020 because the economic outlook hasn’t changed much since the end of the second quarter.

Western Alliance Bancorporation: Strong Loan Growth, Decline In Credit Costs To Drive Earnings Recovery

Western Alliance Bancorporation (WAL) CEO Ken Vecchione on Q2 2020 Results - Earnings Call Transcript

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Second Quarter 2020 Financial Results

Western Alliance Bancorporation Reports Second Quarter 2020 Financial Results

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Western Alliance (WAL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Western Alliance (WAL) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release

Western Alliance Has Better Risk Management Practices Than Its Competitors

Let's see if Western Alliance (WAL) stock is a good choice for value-oriented investors right now from multiple angles.

Is Western Alliance (WAL) a Great Pick for Value Investors?

A Relative Strength Rating upgrade for Western Alliance Bancorp shows improving technical performance. Will it continue?

Western Alliance Bancorp Stock Outperforms Peers, Most Of S&P, Earns Key Rating Hike

Western Alliance Bancorp (WAL) CEO Kenneth Vecchione on Q1 2020 Results - Earnings Call Transcript

News for Western Alliance Bancorporation Stock (WAL)