Summary
62.79 1.87(3.07%)06/28/2024
Western Alliance Bancorp (WAL)
Western Alliance Bancorp (WAL)
Key Facts
| 1 Day | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 5 Years | All Time |
| 3.07 | 6.63 | -0.43 | -2.18 | -6.56 | 70.63 | 48.40 | 155.26 |
Last 730 data points are shown. To view all data, Upgrade to PRO plan with only $1
| Trading Data | ||
| Close | 62.79 | |
| Open | 61.39 | |
| High | 63.33 | |
| Low | 61.39 | |
| Volume | 955,468 | |
| Change | 1.87 | |
| Change % | 3.07 | |
| Avg Volume (20 Days) | 741,107 | |
| Volume/Avg Volume (20 Days) Ratio | 1.29 | |
| 52 Week Range | 35.67 - 70.23 | |
| Price vs 52 Week High | -10.59% | |
| Price vs 52 Week Low | 76.03% | |
| Range | 2.28 | |
| Gap Up/Down | -0.08 | |
Fundamentals | ||
| Market Capitalization (Mln) | 6,917 | |
| EBIDTA | 0 | |
| PE Ratio | 20.8446 | |
| PEG Ratio | 1.8400 | |
| WallStreet Target Price | 145.15 | |
| Book Value | 40.8660 | |
| Earnings Per Share | 8.2735 | |
| EPS Estimate Current Quarter | 2.2200 | |
| EPS Estimate Next Quarter | 2.2100 | |
| EPS Estimate Current Year | 8.6600 | |
| EPS Estimate Next Year | 9.7300 | |
| Diluted EPS (TTM) | 8.2860 | |
| Revenues | ||
| Profit Marging | 0.4691 | |
| Operating Marging (TTM) | 0.6137 | |
| Return on asset (TTM) | 0.0197 | |
| Return on equity (TTM) | 22.7525 | |
| Revenue TTM | 1,804,999,936 | |
| Revenue per share TTM | 17.7480 | |
| Quarterly Revenue Growth (YOY) | 0.8450 | |
| Quarterly Earnings Growth (YOY) | 0.6770 | |
| Gross Profit (TTM) | 1,114,100,000 | |
| Dividends | ||
| Dividend Share | 1.1000 | |
| Dividend Yield | 0.0105 | |
| Valuations | ||
| Trailing PE | 12.7034 | |
| Forward PE | 11.2740 | |
| Price Sales (TTM) | 0.0000 | |
| Price Book (MRQ) | 2.4721 | |
| Revenue Enterprise Value | 0.0000 | |
| EBITDA Enterprise Value | 0.0000 | |
| Shares | ||
| Shares Outstanding | 104,202,000 | |
| Shares Float | 99,751,072 | |
| Shares Short | 0 | |
| Shares Short (Prior Month) | 0 | |
| Shares Ratio | 0.00 | |
| Short Outstanding (%) | 0.00 | |
| Short Float (%) | 0.00 | |
| Insider (%) | 2.77 | |
| Institutions (%) | 89.99 | |
06/25 14:44 EST - businesswire.com
Alliance Association Bank Expands Community Association Banking Team With Additions of Kenneth Sonner and Anthony Dister
PHOENIX--(BUSINESS WIRE)--Alliance Association Bank today announced that it has expanded its team of experienced bankers serving the HOA and community management sector with the additions of Kenneth Sonner and Anthony Dister. Alliance Association Bank is a division of Western Alliance Bank that offers deposit, financing, payment and technology solutions designed for community management companies and homeowner associations nationwide. “We are excited to welcome these two experienced professiona.
Alliance Association Bank Expands Community Association Banking Team With Additions of Kenneth Sonner and Anthony Dister
PHOENIX--(BUSINESS WIRE)--Alliance Association Bank today announced that it has expanded its team of experienced bankers serving the HOA and community management sector with the additions of Kenneth Sonner and Anthony Dister. Alliance Association Bank is a division of Western Alliance Bank that offers deposit, financing, payment and technology solutions designed for community management companies and homeowner associations nationwide. “We are excited to welcome these two experienced professiona.
06/17 15:49 EST - businesswire.com
Western Alliance Bank Powers Agriculture Specialization With Addition of Industry Executive Leo Munoz
SAN DIEGO--(BUSINESS WIRE)--Western Alliance Bank today announced a strategic expansion of its Commercial Banking team with the hire of Leo Munoz as Industry Executive for Food and Agriculture. Munoz, who brings more than 25 years of banking experience, will expand the bank's commercial banking focus throughout California's Central Valley. A lifelong resident of the Central Valley, he is based in Fresno. “We are extremely happy to welcome Leo to the Western Alliance Bank team as a key advisor t.
Western Alliance Bank Powers Agriculture Specialization With Addition of Industry Executive Leo Munoz
SAN DIEGO--(BUSINESS WIRE)--Western Alliance Bank today announced a strategic expansion of its Commercial Banking team with the hire of Leo Munoz as Industry Executive for Food and Agriculture. Munoz, who brings more than 25 years of banking experience, will expand the bank's commercial banking focus throughout California's Central Valley. A lifelong resident of the Central Valley, he is based in Fresno. “We are extremely happy to welcome Leo to the Western Alliance Bank team as a key advisor t.
06/10 06:00 EST - investorplace.com
The 3 Most Undervalued Meme Stocks to Buy in June 2024
While the rampant speculation that underlines the meme-trading phenomenon may be viewed as problematic, this sector may also provide some hidden gems. The key is to consider fundamentally sound enterprises that happen to be trading below their intrinsic worth.
The 3 Most Undervalued Meme Stocks to Buy in June 2024
While the rampant speculation that underlines the meme-trading phenomenon may be viewed as problematic, this sector may also provide some hidden gems. The key is to consider fundamentally sound enterprises that happen to be trading below their intrinsic worth.
05/20 07:28 EST - https://www.defenseworld.net
Meridian Wealth Management LLC Takes $222,000 Position in Western Alliance Bancorporation (NYSE:WAL)
Meridian Wealth Management LLC bought a new position in Western Alliance Bancorporation (NYSE:WAL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,379 shares of the financial services provider’s stock, valued at approximately $222,000. Several other large investors have also added to or reduced their stakes in the business. Parkside Financial Bank & Trust raised its stake in shares of Western Alliance Bancorporation by 422.2% in the third quarter. Parkside Financial Bank & Trust now owns 940 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 760 shares during the last quarter. Rakuten Securities Inc. bought a new position in Western Alliance Bancorporation during the 4th quarter valued at $65,000. Fortitude Family Office LLC purchased a new position in Western Alliance Bancorporation during the 4th quarter worth $93,000. Systematic Alpha Investments LLC bought a new stake in shares of Western Alliance Bancorporation in the 3rd quarter worth $166,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Western Alliance Bancorporation in the third quarter valued at about $177,000. Institutional investors own 79.15% of the company’s stock. Western Alliance Bancorporation Trading Up 0.8 % Shares of WAL stock opened at $64.96 on Monday. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 9.47 and a beta of 1.47. The company’s fifty day simple moving average is $60.31 and its two-hundred day simple moving average is $59.11. Western Alliance Bancorporation has a 1 year low of $32.70 and a 1 year high of $70.23. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.87. Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last issued its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.03. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $711.34 million. Western Alliance Bancorporation had a return on equity of 14.77% and a net margin of 16.50%. During the same quarter in the prior year, the firm posted $2.30 EPS. As a group, analysts anticipate that Western Alliance Bancorporation will post 7.44 earnings per share for the current year. Western Alliance Bancorporation Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be paid a dividend of $0.37 per share. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 2.28%. Western Alliance Bancorporation’s dividend payout ratio is currently 21.57%. Analysts Set New Price Targets WAL has been the subject of a number of recent analyst reports. StockNews.com downgraded shares of Western Alliance Bancorporation from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. Stephens reaffirmed an “overweight” rating and issued a $82.00 target price on shares of Western Alliance Bancorporation in a report on Friday, April 19th. DA Davidson dropped their price target on Western Alliance Bancorporation from $85.00 to $78.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Hovde Group started coverage on Western Alliance Bancorporation in a research note on Monday, April 22nd. They issued an “outperform” rating and a $75.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their target price on Western Alliance Bancorporation from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $72.47. View Our Latest Research Report on Western Alliance Bancorporation Western Alliance Bancorporation Profile (Free Report) Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.
Meridian Wealth Management LLC Takes $222,000 Position in Western Alliance Bancorporation (NYSE:WAL)
Meridian Wealth Management LLC bought a new position in Western Alliance Bancorporation (NYSE:WAL – Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 3,379 shares of the financial services provider’s stock, valued at approximately $222,000. Several other large investors have also added to or reduced their stakes in the business. Parkside Financial Bank & Trust raised its stake in shares of Western Alliance Bancorporation by 422.2% in the third quarter. Parkside Financial Bank & Trust now owns 940 shares of the financial services provider’s stock worth $43,000 after purchasing an additional 760 shares during the last quarter. Rakuten Securities Inc. bought a new position in Western Alliance Bancorporation during the 4th quarter valued at $65,000. Fortitude Family Office LLC purchased a new position in Western Alliance Bancorporation during the 4th quarter worth $93,000. Systematic Alpha Investments LLC bought a new stake in shares of Western Alliance Bancorporation in the 3rd quarter worth $166,000. Finally, DekaBank Deutsche Girozentrale purchased a new stake in shares of Western Alliance Bancorporation in the third quarter valued at about $177,000. Institutional investors own 79.15% of the company’s stock. Western Alliance Bancorporation Trading Up 0.8 % Shares of WAL stock opened at $64.96 on Monday. The stock has a market capitalization of $7.15 billion, a price-to-earnings ratio of 9.47 and a beta of 1.47. The company’s fifty day simple moving average is $60.31 and its two-hundred day simple moving average is $59.11. Western Alliance Bancorporation has a 1 year low of $32.70 and a 1 year high of $70.23. The company has a debt-to-equity ratio of 1.21, a current ratio of 0.90 and a quick ratio of 0.87. Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last issued its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.69 by $0.03. The business had revenue of $1.18 billion for the quarter, compared to analysts’ expectations of $711.34 million. Western Alliance Bancorporation had a return on equity of 14.77% and a net margin of 16.50%. During the same quarter in the prior year, the firm posted $2.30 EPS. As a group, analysts anticipate that Western Alliance Bancorporation will post 7.44 earnings per share for the current year. Western Alliance Bancorporation Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Thursday, May 16th will be paid a dividend of $0.37 per share. The ex-dividend date is Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 2.28%. Western Alliance Bancorporation’s dividend payout ratio is currently 21.57%. Analysts Set New Price Targets WAL has been the subject of a number of recent analyst reports. StockNews.com downgraded shares of Western Alliance Bancorporation from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. Stephens reaffirmed an “overweight” rating and issued a $82.00 target price on shares of Western Alliance Bancorporation in a report on Friday, April 19th. DA Davidson dropped their price target on Western Alliance Bancorporation from $85.00 to $78.00 and set a “buy” rating on the stock in a report on Monday, April 22nd. Hovde Group started coverage on Western Alliance Bancorporation in a research note on Monday, April 22nd. They issued an “outperform” rating and a $75.00 price objective for the company. Finally, JPMorgan Chase & Co. lowered their target price on Western Alliance Bancorporation from $90.00 to $85.00 and set an “overweight” rating on the stock in a research note on Thursday, April 4th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have assigned a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $72.47. View Our Latest Research Report on Western Alliance Bancorporation Western Alliance Bancorporation Profile (Free Report) Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.
05/14 14:20 EST - youtube.com
Four stocks to watch for macro signals
Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.
Four stocks to watch for macro signals
Jake Schurmeier, Harbor Capital Advisors portfolio manager, joins CNBC's 'The Exchange' to discuss what stocks he's watching, the path to a Fed rate cut, and more.
05/06 08:33 EST - businesswire.com
Jocelyn Lynch Promoted to Head of Western Alliance Trust Company, N.A.
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A. Lynch brings tremendous experience to her elevated role, having served previously as Managing Director in the Corporate Trust group at Western Alliance Trust Company, N.A. "Jocelyn's deep expertise, unwavering focus on clients and strategic mindset make her a natural choice to lead the Western Alliance Trust Company,” said Dale.
Jocelyn Lynch Promoted to Head of Western Alliance Trust Company, N.A.
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation today announced the promotion of Jocelyn Lynch to the President and CEO of Western Alliance Trust Company, N.A. Lynch brings tremendous experience to her elevated role, having served previously as Managing Director in the Corporate Trust group at Western Alliance Trust Company, N.A. "Jocelyn's deep expertise, unwavering focus on clients and strategic mindset make her a natural choice to lead the Western Alliance Trust Company,” said Dale.
04/29 09:00 EST - businesswire.com
John Hedlund, Mortgage Industry Veteran and Operations Leader, Joins FundingShield Advisory Board
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--FundingShield is pleased to announce that John Hedlund has joined its advisory board. John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew fr.
John Hedlund, Mortgage Industry Veteran and Operations Leader, Joins FundingShield Advisory Board
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- #compliancemanagement--FundingShield is pleased to announce that John Hedlund has joined its advisory board. John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew fr.
04/26 02:03 EST - seekingalpha.com
Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)
Western Alliance Bancorporation reported better-than-expected earnings for Q1'24. Strong net interest income results drove the bank's earnings. Deposit balance increased by almost 31%, and high-cost borrowings declined by 61%.
Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)
Western Alliance Bancorporation reported better-than-expected earnings for Q1'24. Strong net interest income results drove the bank's earnings. Deposit balance increased by almost 31%, and high-cost borrowings declined by 61%.
04/25 08:27 EST - businesswire.com
Heather Kelly Appointed as Head of Western Alliance Bank's Business Escrow Services Group
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Heather Kelly as the Head of the Business Escrow Services group. Heather brings with her a wealth of experience and expertise, having served previously as Chief Strategist, Managing Director, and Senior Relationship Manager for Western Alliance Bank's Business Escrow Services group. "Heather's leadership, strategic vision and deep understanding of the escrow services industry make her the ideal person to lead our.
Heather Kelly Appointed as Head of Western Alliance Bank's Business Escrow Services Group
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Heather Kelly as the Head of the Business Escrow Services group. Heather brings with her a wealth of experience and expertise, having served previously as Chief Strategist, Managing Director, and Senior Relationship Manager for Western Alliance Bank's Business Escrow Services group. "Heather's leadership, strategic vision and deep understanding of the escrow services industry make her the ideal person to lead our.
04/19 20:14 EST - seekingalpha.com
Western Alliance Bancorporation (WAL) Q1 2024 Earnings Call Transcript
Western Alliance Bancorporation (NYSE:WAL ) Q1 2024 Earnings Conference Call April 19, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - President & CEO Dale Gibbons - CFO Timothy Bruckner - Chief Banking Officer Conference Call Participants Jared Shaw - Barclays Casey Haire - Jefferies Steven Alexopoulos - J.P. Morgan Chris McGratty - KBW Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citi Matthew Clark - Piper Sandler Timur Braziler - Wells Fargo David Smith - Autonomous Brandon King - Truist Securities Gary Tenner - D.A.
Western Alliance Bancorporation (WAL) Q1 2024 Earnings Call Transcript
Western Alliance Bancorporation (NYSE:WAL ) Q1 2024 Earnings Conference Call April 19, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - President & CEO Dale Gibbons - CFO Timothy Bruckner - Chief Banking Officer Conference Call Participants Jared Shaw - Barclays Casey Haire - Jefferies Steven Alexopoulos - J.P. Morgan Chris McGratty - KBW Bernard Von Gizycki - Deutsche Bank Ben Gerlinger - Citi Matthew Clark - Piper Sandler Timur Braziler - Wells Fargo David Smith - Autonomous Brandon King - Truist Securities Gary Tenner - D.A.
04/19 14:04 EST - seekingalpha.com
Western Alliance: Q1 2024 Results Reaffirm Improving Outlook
A change in the Fed's rate cut story and geopolitical tensions may have impacted WAL's YTD performance. 1Q24 results show that loan/deposit growth has been robust. Asset quality remains stable.
Western Alliance: Q1 2024 Results Reaffirm Improving Outlook
A change in the Fed's rate cut story and geopolitical tensions may have impacted WAL's YTD performance. 1Q24 results show that loan/deposit growth has been robust. Asset quality remains stable.
04/18 19:01 EST - zacks.com
Western Alliance (WAL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Western Alliance (WAL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Western Alliance (WAL) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
The headline numbers for Western Alliance (WAL) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
04/18 18:30 EST - zacks.com
Western Alliance (WAL) Q1 Earnings and Revenues Surpass Estimates
Western Alliance (WAL) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $2.30 per share a year ago.
Western Alliance (WAL) Q1 Earnings and Revenues Surpass Estimates
Western Alliance (WAL) came out with quarterly earnings of $1.72 per share, beating the Zacks Consensus Estimate of $1.69 per share. This compares to earnings of $2.30 per share a year ago.
04/18 16:15 EST - businesswire.com
Western Alliance Bancorporation Reports First Quarter 2024 Financial Results
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports First Quarter 2024 Financial Results.
Western Alliance Bancorporation Reports First Quarter 2024 Financial Results
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports First Quarter 2024 Financial Results.
04/15 10:21 EST - zacks.com
Western Alliance (WAL) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Western Alliance (WAL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
Western Alliance (WAL) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
Beyond analysts' top -and-bottom-line estimates for Western Alliance (WAL), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.
04/09 16:58 EST - businesswire.com
Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast.
Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast.
04/09 11:06 EST - zacks.com
Analysts Estimate Western Alliance (WAL) to Report a Decline in Earnings: What to Look Out for
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.
Analysts Estimate Western Alliance (WAL) to Report a Decline in Earnings: What to Look Out for
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.
04/08 14:16 EST - proactiveinvestors.com
US regional banks' Q1 earnings expected to show resilient profits despite revenue challenges
US regional banks' first quarter earnings should demonstrate resilience in earnings per share (EPS) despite a tough revenue growth environment, analysts at the Bank of America believe. They wrote in a note to clients that investors will be looking for potential areas of vulnerability in a higher for longer interest rate backdrop, specifically in commercial real estate, overall credit, and deposit costs.
US regional banks' Q1 earnings expected to show resilient profits despite revenue challenges
US regional banks' first quarter earnings should demonstrate resilience in earnings per share (EPS) despite a tough revenue growth environment, analysts at the Bank of America believe. They wrote in a note to clients that investors will be looking for potential areas of vulnerability in a higher for longer interest rate backdrop, specifically in commercial real estate, overall credit, and deposit costs.
04/05 16:01 EST - businesswire.com
KBRA Publishes Ratings for Western Alliance Trust Company, N.A.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A. (“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+. On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis. The Outlook for the rating is Stable. The Issuer ra.
KBRA Publishes Ratings for Western Alliance Trust Company, N.A.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA publishes its Issuer rating of BBB+ for Western Alliance Trust Company, N.A. (“WATC” or “the company”), an OCC-chartered, non-depository national trust bank that is a wholly-owned subsidiary of Western Alliance Bancorporation (NYSE: WAL; “parent company”), for which KBRA maintains a senior unsecured debt rating of BBB+. On November 17, 2023, KBRA assigned an Issuer rating of BBB+ to WATC on an unpublished basis. The Outlook for the rating is Stable. The Issuer ra.
03/27 15:00 EST - businesswire.com
Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Katie McDowell and Jon VanDerMeid to the organization's Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization's Aerospace, Defense and Government Services team, and VanDerMeid takes on the role of Credit Underwriting and Portfolio Manager, Commercial & Industrial to support the broader Commercial and Industrial team. “In a.
Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Katie McDowell and Jon VanDerMeid to the organization's Commercial and Industrial Banking team. McDowell assumes the role of Senior Vice President, Relationship Manager to support the organization's Aerospace, Defense and Government Services team, and VanDerMeid takes on the role of Credit Underwriting and Portfolio Manager, Commercial & Industrial to support the broader Commercial and Industrial team. “In a.