WAL - Western Alliance Bancorporation: Strong Growth Comes At A High Market Price
- The recent remarkable loan growth will likely continue into 2022. Investments in technology and team expansion will likely drive loan growth.
- WAL’s loan portfolio yield is sensitive to interest rate changes. On the other hand, the deposit cost is slightly sticky.
- The December 2022 target price suggests a small upside from the current market price. Further, WAL is offering a modest dividend yield.
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Western Alliance Bancorporation: Strong Growth Comes At A High Market Price