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

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Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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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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D.A. Davidson analyst Gary P. Tenner on Tuesday reiterated a buy rating at $64 a share price target on Western Alliance Bancorp WAL, +2.22% even though the stock has outperformed its peers in recent weeks.

D.A. Davidson reiterates buy rating on Western Alliance Bancorp despite 180% gain in its stock since May trough

SAN DIEGO--(BUSINESS WIRE)--Western Alliance Bank today announced that Julian Parra has been appointed as the organization's Head of Commercial and Industrial Banking for California. "Julian's appointment will bring a dedicated focus to the Commercial and Industrial market for Western Alliance Bank,” said Ken Vecchione, president and chief executive officer of Western Alliance Bank. “His expertise in building effective teams and his client-focused approach will help drive exceptional results fo.

Julian Parra Named Head of Commercial and Industrial Banking for California at Western Alliance Bank

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that Todd Sondrini has been appointed as the organization's Head of Treasury Management, a new position that also encompasses product strategy/product operations. "We are pleased to welcome Todd and add his considerable skills and experience in treasury management to Western Alliance Bank,” said Tim Boothe, chief operating officer of Western Alliance Bank. “His global banking expertise, which includes building high-performance team.

Todd Sondrini Named Head of Treasury Management for Western Alliance Bank

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Western Alliance plummeted during the banking meltdown in March, but it had been on more solid footing than most. The second quarter showed gains in deposits, loans, revenue, net income, and liquidity compared to Q1.

Why Western Alliance Bancorp Stock Surged 42% in July

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Management started positioning the bank for a harsh economic environment in the second half of 2022. It has built up a significant cushion to absorb potential losses.

Western Alliance Bank's Safe and Sound Growth Strategy in the Wake of Regional Bank Failures

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Like many midsize bank, Western Alliance was rattled by the failures of several regional banks earlier this year. The second quarter was a transitional period.

Western Alliance Has Moved On From the Regional Banking Crisis

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Western Alliance Bancorporation (NYSE:WAL ) Q2 2023 Earnings Conference Call July 19, 2023 12:00 PM ET Company Participants Miles Pondelik - Director, Investor Relations and Corporate Development Ken Vecchione - President and CEO Dale Gibbons - Chief Financial Officer Tim Bruckner - Chief Credit Officer Conference Call Participants Ben Gerlinger - Hovde Group Casey Haire - Jefferies Bernard von-Gizycki - Deutsche Bank Steven Alexopoulos - JPMorgan Chris McGratty - KBW David Chiaverini - Wedbush Timur Braziler - Wells Fargo Gary Tenner - D.A. Davidson Ebrahim Poonawala - Bank of America Jon Arfstrom - RBC Brody Preston - UBS David Smith - Autonomous Research Operator Good day, everyone.

Western Alliance Bancorporation (WAL) Q2 2023 Earnings Call Transcript

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Western Alliance (WAL) came out with quarterly earnings of $1.96 per share, missing the Zacks Consensus Estimate of $1.98 per share. This compares to earnings of $2.39 per share a year ago.

Western Alliance (WAL) Misses Q2 Earnings Estimates

Although the revenue and EPS for Western Alliance (WAL) give a sense of how its business performed in the quarter ended June 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Western Alliance (WAL) Reports Q2 Earnings: What Key Metrics Have to Say

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Second Quarter 2023 Financial Results.

Western Alliance Bancorporation Reports Second Quarter 2023 Financial Results

Shares of Western Alliance Bancorp. WAL, +8.13% dropped more than 5% in the extended session Tuesday after the Phoenix bank narrowly missed quarterly per-share earnings expectations but assured investors it had bolstered its liquidity.

Western Alliance stock falls more than 5% after bank narrowly misses profit expectations, but says it is on track to ‘return to normal'

Western Alliance Bancorporation is set to release its Q2 earnings report on July 18th, with key metrics to watch including deposits, asset rebalancing, and net interest margin (NIM). Analysts' projections for WAL's Q2 2023 results suggest a contraction in sales by about 4.3%, and in EPS by about 18%. Heading into Q2, I expect no negative surprises concerning the company's liquidity and solvency. However, there might be challenges in terms of NIM and earnings.

Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Second Quarter 2023 Earnings Release Date, Conference Call and Webcast.

Western Alliance Bancorporation Announces Second Quarter 2023 Earnings Release Date, Conference Call and Webcast

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News for Western Alliance Bancorporation Stock (WAL)