NYSE - Delayed Quote ? USD Western Alliance Bancorporation (WAL) Follow Compare 93.65 +2.37 (+2.60%) At close: 4:00 PM EST 93.90 +0.25 (+0.27%) After hours: 6:01 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Is Western Alliance Bancorp (WAL) Poised For Future Growth? Ariel Investments, an investment management company, released its “Ariel Global Fund” third-quarter 2024 investor letter. A copy of the letter can be downloaded here. Despite significant volatility, global markets reported gains in the third quarter. The Ariel Global fund appreciated +6.94% in the quarter outperforming the +6.61% return of its primary benchmark, the MSCI ACWI […] Insider Monkey ? 2 days ago WAL +2.60% 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. ? 14 days ago WAL +2.60% 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 ? 22 days ago WAL +2.60% Is Western Alliance Bancorporation (WAL) The Best Mid Cap Value Stock To Invest In? We recently compiled a list of the 10 Best Mid Cap Value Stocks To Invest In. In this article, we are going to take a look at where Western Alliance Bancorporation (NYSE:WAL) stands against the other best mid cap value stocks to invest in. Mid-Cap Stocks are Better in the Near Term An easing cycle coupled […] Insider Monkey ? 22 days ago WAL +2.60% Q3 2024 Western Alliance Bancorp Earnings Call Q3 2024 Western Alliance Bancorp Earnings Call Thomson Reuters StreetEvents ? last month WAL +2.60% 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 ? last month WAL +2.60% Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results PHOENIX, October 17, 2024--Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results Business Wire ? last month WAL +2.60% WAL-PA 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 ? last month WAL +2.60% 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. ? last month WAL +2.60% WAL-PA 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 ? last month FCNCA +1.24% 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 ? last month WAL +2.60% WAL-PA 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 ? last month WAL +2.60% WAL-PA 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. ? 2 months ago WAL +2.60% WAL-PA 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 ? 2 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 ? 2 months ago WAL +2.60% UMBF ^GSPC Western Alliance Bancorporation (NYSE:WAL) Analysts Are Pretty Bullish On The Stock After Recent Results Western Alliance Bancorporation ( NYSE:WAL ) just released its quarterly report and things are looking bullish. The... Simply Wall St. ? 3 months ago WAL +2.60% WAL-PA Insider Sale: Chief Accounting Officer Ardrey J. Kelly Jr. ... Chief Accounting Officer Ardrey J. Kelly Jr. of Western Alliance Bancorp (NYSE:WAL) executed a sale of 2,116 shares of the company on July 22, 2024, as reported in a recent SEC Filing. Over the past year, Ardrey J. Kelly Jr. has sold a total of 5,116 shares of Western Alliance Bancorp and has not made any purchases of the stock. This latest transaction is part of a broader trend observed over the past year, where there have been three insider sells and no insider buys at Western Alliance Bancorp. GuruFocus.com ? 3 months ago WAL +2.60% Unveiling Three US Stocks That May Be Trading Below Their Estimated Fair Values Amid a turbulent week where major U.S. stock indices like the S&P 500 and Nasdaq Composite experienced notable declines, largely driven by a selloff in technology stocks, investors may find potential opportunities in undervalued stocks. In such market conditions, identifying stocks that trade below their estimated fair values could offer attractive entry points for those looking to invest. Simply Wall St. ? 3 months ago CFG +1.88% CFG-PE WAL +2.60% Western Alliance Bancorporation Reports Second Quarter 2024 Financial Results PHOENIX, July 18, 2024--Western Alliance Bancorporation Reports Second Quarter 2024 Financial Results Business Wire ? 4 months ago WAL +2.60% WAL-PA Western Alliance Bancorporation Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast PHOENIX, July 10, 2024--Western Alliance Bancorporation Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast Business Wire ? 4 months ago WAL +2.60% WAL-PA Performance Overview Trailing total returns as of 11/22/2024, which may include dividends or other distributions. Benchmark is S&P 500 Return WAL S&P 500 YTD +45.36% +25.15% 1-Year +98.03% +31.54% 3-Year -12.10% +27.06%
