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home / news releases / WAL - Western Alliance: A Flawless Quarterly From Multiple Perspectives


WAL - Western Alliance: A Flawless Quarterly From Multiple Perspectives

2024-07-23 10:04:15 ET

Summary

  • WAL has outperformed the S&P 500 by 22% since my last buy rating.
  • Loan portfolio and non-interest-bearing deposits grew in Q2 2024, leading to improved profitability.
  • Further price appreciation is expected due to growth drivers, low P/TBV per share compared to historical values.

In my last article on Western Alliance ( WAL ), I highlighted my optimistic view on this bank's 2024, and it turned out to be correct: since the publication of the article, WAL has outperformed the S&P500 by about 22%....

For further details see:

Western Alliance: A Flawless Quarterly From Multiple Perspectives
Stock Information

Company Name: Western Alliance Bancorporation
Stock Symbol: WAL
Market: NYSE
Website: westernalliancebancorporation.com

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