WAL - Here's Why Western Alliance Is Not Like Silicon Valley Bank
2023-04-26 05:40:00 ET
As the liquidity crisis situation that rattled the banking industry and took down SVB Financial 's Silicon Valley Bank (SVB) fades into the rearview mirror, some of the stocks that were negatively affected by the crisis deserve a fresh look. Some of them sold off simply because they had exposure to the tech sector and contained uninsured deposits.
One of these stocks is Western Alliance (NYSE: WAL) . With fears subsiding, it looks like this regional bank should have further upside as investors separate fear from reality.
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Here's Why Western Alliance Is Not Like Silicon Valley Bank