Western Alliance Bancorporation

WAL

US9576381092

Banks

Market Closed - Nyse Other stock markets 21:00:02 05/07/2024 BST			5-day change	1st Jan Change
62.96 ^USD	-1.55%		+0.22%	-4.30%

07-03	Jefferies Adjusts Western Alliance's Price Target to $77 From $70, Keeps Buy Rating	MT
06-13	Declaration of Voting Results by Western Alliance Bancorporation	CI

Western Alliance Bancorporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2020

January 21, 2021 at 09:03 pm

Western Alliance Bancorporation announced earnings results for the fourth quarter ended December 31, 2020. For the fourth quarter, the company announced net interest income was USD 314.8 million compared to USD 272 million a year ago. Net income was USD 193.6 million compared to USD 128.1 million a year ago. Diluted earnings per share from continuing operations was USD 1.93 compared to USD 1.25 a year ago. For the full year, net interest income was USD 1,166.9 million compared to USD 1,040.4 million a year ago. Net income was USD 506.6 million compared to USD 499.2 million a year ago. Diluted earnings per share from continuing operations was USD 5.04 compared to USD 4.84 a year ago.

Latest news about Western Alliance Bancorporation

Jefferies Adjusts Western Alliance's Price Target to $77 From $70, Keeps Buy Rating	07-03	MT
Declaration of Voting Results by Western Alliance Bancorporation	06-13	CI
Declaration of Voting Results by Western Alliance Bancorporation	06-13	CI
Western Alliance Bancorporation Declares Quarterly Cash Dividend, Payable on May 31, 2024	05-02	CI
Western Alliance Bancorporation Announces Paul Galant and Dr. Sung Won Sohn Are Not Standing for Re-Election to the Board of Directors	04-24	CI
Inspire Investing Submits a Shareholder Proposal to Western Alliance Bancorporation	04-24	CI
Western Alliance Bancorporation Announces Board Appointments	04-24	CI
Barclays Adjusts Western Alliance Bancorporation Price Target to $86 From $91, Maintains Overweight Rating	04-23	MT
DA Davidson Cuts Western Alliance Bancorporation's Price Target to $78 From $85, Keeps Buy Rating	04-22	MT
Keefe, Bruyette & Woods Adjusts Price Target on Western Alliance Bancorporation to $74 From $79, Maintains Outperform Rating	04-22	MT
RBC Trims Price Target on Western Alliance Bancorp to $76 From $78, Keeps Outperform Rating	04-22	MT
Truist Cuts Price Target on Western Alliance Bancorp to $75 From $80, Keeps Buy Rating	04-22	MT
Transcript : Western Alliance Bancorporation, Q1 2024 Earnings Call, Apr 19, 2024	04-19
Wedbush Lowers Price Target on Western Alliance Bancorp to $70 From $75, Keeps Outperform Rating	04-19	MT
Western Alliance Bancorporation Q1 EPS, Revenue Rise	04-18	MT
Earnings Flash (WAL) WESTERN ALLIANCE BANCORPORATION Posts Q1 Revenue $728.8M, vs. Street Est of $705.9M	04-18	MT
Western Alliance Bancorporation Reports Net Loan Charge-Offs for the First Quarter Ended March 31, 2024	04-18	CI
Western Alliance Bancorporation Reports Earnings Results for the First Quarter Ended March 31, 2024	04-18	CI
Wells Fargo Adjusts Price Target on Western Alliance Bancorporation to $68 From $72, Keeps Equalweight Rating	04-10	MT
US Regional Banks Likely to Show Consistent Trends in Q1 as Margins Near Trough Levels, RBC Says	04-09	MT
JPMorgan Cuts Price Target on Western Alliance Bancorporation to $85 From $90, Maintains Overweight Rating	04-04	MT
Bowyer Research Files a Notice of Exempt Solicitation to Western Alliance Bancorporation	03-28	CI
Bowyer Research Files a Notice of Exempt Solicitation to Western Alliance Bancorporation	03-28	CI
Western Alliance Bancorporation Appoints Paulina Woo as Senior Director	02-13	CI
Western Alliance Bancorporation Declares Quarterly Cash Dividend, Payable on March 1, 2024	02-06	CI

Chart Western Alliance Bancorporation

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Company Profile

Western Alliance Bancorporation is a bank holding company. The Company provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly owned banking subsidiary, Western Alliance Bank (WAB). WAB operates through five full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. The Company also provides a range of specialized financial services to business customers across the country, including mortgage banking services through AmeriHome and treasury management services to the homeowner's association sector, and digital payment services for the class action legal industry. It has two non-bank subsidiaries, such as CS Insurance Company (CSI) and Western Alliance Trust Company, N.A. (WATC). CSI is a captive insurance company. WATC provides corporate trust services and levered loan administration solutions.

Sector

Banks

Calendar

16/07/2024 - Q2 2024 Earnings Release (Projected)

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Ratings for Western Alliance Bancorporation

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

62.96 USD

Average target price

75.76 USD

Spread / Average Target

+20.34%

Consensus

EPS Revisions

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Quarterly earnings - Rate of surprise

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