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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Comerica

First Republic

PacWest Bancorp

Regions Financial

Signature Bank

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

SVB Financial Group

Western Alliance shares fell as much as 68% in premarket Monday as investors fretted about the pressures behind Silicon Valley Bank's failure.

Western Alliance shares plummet 65% as bank stocks take a beating from SVB's collapse

Shares of Western Alliance Bancorp WAL, -20.88% took a 62.4% plunge toward a 10-year low in premarket trading Monday, adding to last week's tumble in the wake of the collapse of SVB Financial Group's SIVB, -60.41% Silicon Valley Bank. The Arizona-based bank stock's selloff was set to surpass the record one-day drop of 39.4% suffered on Sept.

Western Alliance Bancorp stock set to suffer record selloff of over 60% to 10-year low in wake of SVB collapse

Bank of America

Citigroup

JPMorgan Chase & Co

U.S. Bancorp

Wells Fargo

Some banks have paper losses on their debt holdings as high as 67% of their current stock price. As interest rates rose sharply the last 15 months because the Fed increased their Fed Funds target, bond prices dropped sharply.

A List Of Some Banks And Their Shocking Paper Losses On Debt Securities Holdings

A financial market fiasco out of Silicon Valley has pushed stocks down today, resulting in multiple trading halts. SVB Financial Group's (NASDAQ: SIVB ) Silicon Valley Bank has been seized by the U.S. government after making an announcement that triggered a bank run.

Halted Stocks Alert: Bank Stocks SIVB, FRC, PACW, WAL, SBNY, Face Trading Halts

The federal government's takeover of Silicon Valley Bank on Friday sent shock waves through the medical sector and hammered biotech stocks. The post Biotech, Banking Stocks On Fire As Federal Officials Seize SVB Deposits appeared first on Investor's Business Daily.

Biotech, Banking Stocks On Fire As Federal Officials Seize SVB Deposits

Silvergate Capital Corp

Markets moved broadly lower as fears in the regional banking sector grew. Banks with West Coast exposure saw the largest declines.

Why Regional Bank Stocks Are Getting Crushed Friday

U.S. lenders First Republic Bank and Western Alliance said on Friday their liquidity and deposits remained strong, calming investors worried of a spill-over of risks from troubled startup focused-bank SVB Financial Group.

First Republic, Western Alliance calm contagion worries from SVB meltdown

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL), in light of recent industry events, updates the following financial (unaudited) information

Western Alliance Bank Issues Updated Financial Figures in Wake of Industry Developments

BERLIN — Germany, France and Britain see stronger ties between NATO and Ukraine as a way to encourage Kyiv to start peace talks with Russia even if Moscow continues to occupy Ukrainian territory, officials from the three governments said.

NATO would envelop Ukraine in defense pact under new plan pitched by big European members of Western alliance

Despite exposure to the mortgage sector, this well-run bank remains cheap.

The Morgage Meltdown Doesn't Appear to Impact Western Alliance's Earnings

WAL had a pretty lackluster fourth quarter, with misses at the spread income and fee income lines and a 4% pre-provision miss, but expectations were low and guidance was encouraging. Cost-effectively funding 10%-plus loan growth in 2023 will test management's skills, particularly given guidance for further net interest margin improvement.

Western Alliance: Wall Street Takes A Cautious Stance As Credit And Rates Evolve

Western Alliance Bancorporation (NYSE:WAL ) Q4 2022 Earnings Conference Call January 25, 2023 12:00 PM ET Company Participants Miles Pondelik - Director of IR and Corporate Development Ken Vecchione - President and CEO Dale Gibbons - CFO Tim Bruckner - Chief Credit Officer Conference Call Participants Casey Haire - Jefferies Brad Milsaps - Piper Sandler Steven Alexopoulos - JPMorgan Ebrahim Poonawala - Bank of America Merrill Lynch Brandon King - Truist Andrew Terrell - Stephens Inc. Chris McGratty - KBW David Smith - Autonomous Tim Braziler - Wells Fargo Jon Arfstrom - RBC Capital Markets Operator Good day, everyone. Welcome to Western Alliance Bancorporation's Fourth Quarter 2020 Earnings Call.

Western Alliance Bancorporation (WAL) Q4 2022 Earnings Call Transcript

Western Alliance (WAL) delivered earnings and revenue surprises of 0% and 0.28%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Western Alliance (WAL) Meets Q4 Earnings Estimates

PHOENIX--( BUSINESS WIRE )--Western Alliance Bancorporation (NYSE:WAL):

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2022 Financial Results

PHOENIX--( BUSINESS WIRE )--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its fourth quarter and full year 2022 financial results after the market closes on Tuesday, January 24, 2023. Ken Vecchione, President and CEO and Dale Gibbons, Vice Chairman and CFO will host a conference call at 12:00 p.m. ET on Wednesday, January 25, 2023 to discuss the Company's performance.

Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2022 Earnings Release Date, Conference Call and Webcast

PHOENIX--( BUSINESS WIRE )--Western Alliance Bancorporation (NYSE: WAL) today announced the addition of two new members to its Board of Directors.

Western Alliance Bancorporation Adds New Members to Board of Directors

Western Alliance Bancorporation (NYSE:WAL ) Q3 2022 Earnings Conference Call October 21, 2022 12:00 PM ET Company Participants Miles Pondelik - Director of IR and Corporate Development Ken Vecchione - President and CEO Dale Gibbons - CFO Conference Call Participants Casey Haire - Jefferies Ebrahim Poonawala - Bank of America Steven Alexopoulos - JPMorgan Brad Milsaps - Piper Sandler Tim Braziler - Wells Fargo Chris McGratty - KBW Andrew Terrell - Stephens Inc. Brandon King - Truist Security Jon Arfstrom - RBC Capital Markets Operator Good day, everyone. Welcome to the Western Alliance Bancorporation Third Quarter 2022 Earnings Call.

Western Alliance Bancorporation (WAL) Q3 2022 Earnings Call Transcript

Western Alliance (WAL) delivered earnings and revenue surprises of -6.92% and 2.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Western Alliance (WAL) Lags Q3 Earnings and Revenue Estimates

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Third Quarter 2022 Financial Results

Western Alliance Bancorporation Reports Third Quarter 2022 Financial Results

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.

Western Alliance (WAL) Reports Next Week: Wall Street Expects Earnings Growth

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Third Quarter 2022 Earnings Release Date, Conference Call and Webcast

Western Alliance Bancorporation Announces Third Quarter 2022 Earnings Release Date, Conference Call and Webcast

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation, one of the country's top-performing banking companies, today released its 2022 Corporate Responsibility Report. The report highlights the strategies of the bank and its divisions to forward its people-centered mission and details its activities during 2021. “At Western Alliance, our culture and values revolve around strong relationships with all of our stakeholders — our clients, colleagues, investors and communities,” said Kenneth Vecc

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