NYSE - Delayed Quote USD

Western Alliance Bancorporation (WAL-PA)

21.74

-0.35

(-1.56%)

At close: January 10 at 3:56:30 PM EST

Western Alliance price target lowered to $105 from $109 at RBC Capital

RBC Capital lowered the firm’s price target on Western Alliance (WAL) to $105 from $109 and keeps an Outperform rating on the shares as part of a broader research note previewing Q4 earnings for regional banks. Given the changes to the rate environment and economic outlook in recent months, combined with increased optimism surrounding the incoming U.S. administration, the focus will likely be more on 2025 outlooks, the analyst tells investors in a research note. RBC adds that while it is expecti

TipRanks 3 days ago

WAL

WAL-PA
-1.56%
Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date, Conference Call and Webcast

PHOENIX, January 08, 2025--Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date, Conference Call and Webcast

Business Wire 3 days ago

WAL

WAL-PA
-1.56%
Strong Results Lifted Western Alliance Bancorporation (WAL) in Q3

Invesco Distributors, Inc., an investment management firm, released its “Invesco Small Cap Value Fund” third quarter 2024 investor letter. A copy of the letter can be downloaded here. In the third quarter, the fund underperformed the benchmark due to stock selection and an overweight in industrials. A lack of exposure to real estate also detracted from […]

Insider Monkey 24 days ago

WAL
Western Alliance Bancorporation’s Kenneth Vecchione and Dale Gibbons Named Best CEO, CFO in Extel’s 2024 All-America Executive Team for Midcap Banks

PHOENIX, December 16, 2024--Western Alliance Bancorporation (NYSE:WAL) today announced that Kenneth A. Vecchione, President and Chief Executive Officer, and Dale Gibbons, Vice Chairman and Chief Financial Officer, were named as Best CEO and Best CFO, respectively, in Extel’s (previously Institutional Investor’s) 2024 All-America Executive Team rankings for Banks – Midcap ($2B-$10B).

Business Wire 27 days ago

WAL

WAL-PA
-1.56%
Western Alliance Bancorporation (NYSE:WAL) Navigates Challenges with Strong Loan Growth and Undervaluation

Western Alliance Bancorporation has recently showcased strong financial performance with third-quarter earnings of $1.80 per share, supported by significant growth in deposits and loans. Despite facing challenges such as net interest margin compression and increased deposit costs, the bank remains undervalued with a trading price of $93.74 against an estimated fair value of $166.97. This report delves into key areas including innovative growth strategies, profitability challenges, expansion...

Simply Wall St. last month

WAL

WAL-PA
-1.56%
Western Alliance price target raised to $102 from $97 at BofA

BofA raised the firm’s price target on Western Alliance (WAL) to $102 from $97 and keeps a Buy rating on the shares. The firm raised its price objectives by 8% on average for a selection of small-to-mid-cap banks to reflect an improving outlook driven by Trump policy priorities combined with a U.S. soft landing, which it calls “bullish for bank stocks.” Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders’ Hot Stocks on TipR

TipRanks last month

WAL

WAL-PA
-1.56%
3 US Stocks That May Be Trading Below Estimated Value

As the U.S. stock market continues to navigate a mixed landscape with major indices showing varied movements, investors are keenly observing earnings reports and economic indicators for cues on potential opportunities. In such an environment, identifying stocks that may be trading below their estimated value can offer strategic entry points, particularly when the broader market exhibits signs of recovery or volatility.

Simply Wall St. last month

WAL

WAL-PA
-1.56%
RXO
Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.38

The board of Western Alliance Bancorporation ( NYSE:WAL ) has announced that the dividend on 29th of November will be...

Simply Wall St. 2 months ago

WAL
Western Alliance to Participate in BancAnalysts Association of Boston Conference

PHOENIX, October 31, 2024--Western Alliance to Participate in BancAnalysts Association of Boston Conference

Business Wire 2 months ago

WAL
Q3 2024 Western Alliance Bancorp Earnings Call

Q3 2024 Western Alliance Bancorp Earnings Call

Thomson Reuters StreetEvents 2 months ago

WAL
Western Alliance Bancorp (WAL) Q3 2024 Earnings Call Highlights: Strong Deposit and Loan Growth ...

Western Alliance Bancorp (WAL) reports robust earnings with $1.80 EPS, driven by significant deposit and loan growth, despite facing challenges in net interest margin compression.

GuruFocus.com 2 months ago

WAL
Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results

PHOENIX, October 17, 2024--Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results

Business Wire 2 months ago

WAL

WAL-PA
-1.56%
Western Alliance: Q3 Earnings Snapshot

PHOENIX (AP) — Western Alliance Bancorp (WAL) on Thursday reported third-quarter net income of $199.8 million. The Phoenix-based bank said it had earnings of $1.80 per share. The results missed Wall Street expectations.

Associated Press Finance 2 months ago

WAL
3 US Stocks Possibly Trading Below Their Estimated Value By Up To 49.6%

In recent weeks, U.S. markets have experienced notable volatility, with major indexes like the S&P 500 and Dow Jones Industrial Average facing declines driven by downturns in technology and energy stocks. Amidst these fluctuations, investors are on the lookout for opportunities to identify stocks that might be trading below their intrinsic value, offering potential long-term growth despite current market pressures.

Simply Wall St. 2 months ago

WAL

WAL-PA
-1.56%
RDDT
Regional bank earnings: Who will benefit from lower rates?

While Big Banks continue to report third quarter earnings — notably Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C) today — let's not forget about the regional banks. Wedbush Securities managing director of equity research David Chiaverini lists some of his top picks for the regional banking sector amid earnings season, ranging from Comerica Inc. (CMA) to Western Alliance Bancorp. (WAL) and M&T Bank (MTB). "So we're really interested in the liability-sensitive banks here. And those are banks that should benefit from a lower interest rate environment," Chiaverini explains to Seana Smith and Brad Smith. When taking interest rates into account ahead of bank earnings, Chiaverini does "expect this rerating to continue." "And while lower interest rates, when you kind of zoom out, is normally not good for financials. But given the impact on credit quality, I think that's giving investors, as well as analysts like myself, become more constructive on the banks because they've been trading at discounts to historical multiples." To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 2 months ago

FCNCA

PNC

MTB
Western Alliance Bancorporation Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast

PHOENIX, October 09, 2024--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET on Friday, October 18, 2024 to discuss the Company's performance.

Business Wire 3 months ago

WAL

WAL-PA
-1.56%
Why regional banks are set to benefit from easing interest rates

Christopher McGratty, head of US bank research at KBW, a Stifel Company, joins Market Domination to discuss how the Federal Reserve's rate easing cycle will impact regional banks and lays out some of his top picks in the sector. "We're figuring this out as we go. The 50-basis-point cut last week was, as Powell said, a good, strong start," McGratty tells Yahoo Finance. He explains that to get to a terminal rate of 3%, the Federal Reserve will likely initiate 25-basis-point cuts for the rest of 2024 and throughout 2025. He believes that easing rates will be bullish for regional banks, explaining, "Over the last 18 months, the largest banks have significantly outperformed the regional, the smaller, banks to the point of 2,000 basis points. And so the reason for that is their balance sheets and their income statements are less reliant on interest rates than the small banks. So what you've seen over the last month or two is a little bit of a catch-up trade. The smaller banks have performed better. You've seen the yield curve disinvert." McGratty highlights that mergers and acquisitions (M&A) are another trend in the banking sector, noting that 3%-4% of banks are lost to consolidation every year. "What we've seen over the past six months is we're starting to see M&A resume off a very low trough. So the comparisons are getting better," he says. As interest rates continue to fall, he expects M&A activity to pick up. However, he notes that won't likely be the case for larger banks as they deal with regulatory roadblocks. He points to Comerica (CMA) as one of his top picks, explaining that the bank is poised to benefit from easing interest rates: "They were very early and aggressive hedging rates as they were going up. So effectively, they've converted a highly variable rate loan portfolio to a 50/50 mix per se. So margins should actually begin to expand over the next two years." McGratty is also bullish on Western Alliance (WAL), believing that the bank's internal efforts to build capital have succeeded. He adds that its mortgage business will also get a boost from lowering rates. Western Alliance is trading at about nine times its earnings, and McGratty believes that its earnings ahead will be above average. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl

Yahoo Finance Video 3 months ago

WAL

WAL-PA
-1.56%
UMBF
Institutional investors are Western Alliance Bancorporation's (NYSE:WAL) biggest bettors and were rewarded after last week's US$687m market cap gain

Key Insights Given the large stake in the stock by institutions, Western Alliance Bancorporation's stock price might be...

Simply Wall St. 3 months ago

WAL

WAL-PA
-1.56%
Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid

PR Newswire 4 months ago

BIO

BIO-B

HELE
5 Bank Stocks to Watch Out for as They Hit a New 52-Week High

The stocks of UMBF, GBCI, PNFP, WAL, and RF reach 52-week highs as the Fed announces rate cuts and are likely to keep up the momentum in the near term.

Zacks 4 months ago

WAL

UMBF

^GSPC

Performance Overview

Return	WAL-PA	S&P 500
YTD	-2.20%	-1.35%
1-Year	+27.49%	+22.51%
3-Year	+3.21%	+24.59%

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Western Alliance Bancorporation (WAL-PA)

Western Alliance price target lowered to $105 from $109 at RBC Capital

Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date, Conference Call and Webcast

Strong Results Lifted Western Alliance Bancorporation (WAL) in Q3

Western Alliance Bancorporation’s Kenneth Vecchione and Dale Gibbons Named Best CEO, CFO in Extel’s 2024 All-America Executive Team for Midcap Banks

Western Alliance Bancorporation (NYSE:WAL) Navigates Challenges with Strong Loan Growth and Undervaluation

Western Alliance price target raised to $102 from $97 at BofA

3 US Stocks That May Be Trading Below Estimated Value

Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.38

Western Alliance to Participate in BancAnalysts Association of Boston Conference

Q3 2024 Western Alliance Bancorp Earnings Call

Western Alliance Bancorp (WAL) Q3 2024 Earnings Call Highlights: Strong Deposit and Loan Growth ...

Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results

Western Alliance: Q3 Earnings Snapshot

3 US Stocks Possibly Trading Below Their Estimated Value By Up To 49.6%

Regional bank earnings: Who will benefit from lower rates?

Western Alliance Bancorporation Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast

Why regional banks are set to benefit from easing interest rates

Institutional investors are Western Alliance Bancorporation's (NYSE:WAL) biggest bettors and were rewarded after last week's US$687m market cap gain

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

5 Bank Stocks to Watch Out for as They Hit a New 52-Week High

Performance Overview