WAL News and Press, Western Alliance Bancorporation From 03/10/23

2023-03-10 16:08:03 ET The turmoil surrounding Silicon Valley Bank fueled Wall Street selling on Friday, adding to a slide that took place the previous day. A stronger-than-expected jobs report also contributed to the decline. The tech-heavy Nasdaq Composite ( COMP.IND ) closed -1...

2023-03-10 15:41:25 ET First Horizon ( NYSE: FHN ), which is in the middle of sale to TD Bank ( NYSE: TD ), fell 4% as bank stocks tanked in the wake of the collapse of SVB Financial Group. TD Bankfell 2%. First Horizon's minor drop pales in comparison to other b...

2023-03-10 12:40:14 ET Gainers: Euda ( EUDA ) +94% . Altamira Therapeutics ( CYTO ) +40% . Unicycive ( UNCY ) +37% . Cazoo Group ( CZOO ) +27% . Tenon Medical ( TNON ) +20% . PLAYSTUDIOS ( MYPS ) +19% . Solo Brand...

Western Alliance Bank (NYSE: WAL), in light of recent industry events, updates the following financial (unaudited) information: Deposits remain strong with the following balances, as of 3/9/2023: Total deposits of $61.5 billion, an increase of $7.8 billion since year end, led by our dep...

2023-03-10 12:00:12 ET Gainers: HCI Group ( HCI ) +12% . Heritage Global ( HGBL ) +11% . Republic First Bancorp ( FRBK ) +8% . The Real Brokerage ( REAX ) +6% . Iris Energy ( IREN ) +5% . Losers: SVB Financial ( SIV...

The past year has been awful for the mortgage space. Mortgage real estate investment trusts (REITs) were battered by rising rates and mortgage-backed security underperformance. Mortgage originators were hammered by collapsing volumes. How did one of the mortgage-banking industry's biggest bankers...

Summary WAL had a pretty lackluster fourth quarter, with misses at the spread income and fee income lines and a 4% pre-provision miss, but expectations were low and guidance was encouraging. Cost-effectively funding 10%-plus loan growth in 2023 will test management's skills, particularl...

Western Alliance Bancorporation (WAL) Q4 2022 Earnings Conference Call January 25, 2023, 12:00 PM ET Company Participants Miles Pondelik - Director of IR and Corporate Development Ken Vecchione - President and CEO Dale Gibbons - CFO Tim Bruckner - Chief Credit Offi...

The following slide deck was published by Western Alliance Bancorporation in conjunction with their 2022 Q4 earnings call. For further details see: Western Alliance Bancorporation 2022 Q4 - Results - Earnings Call Presentation

Western Alliance press release ( NYSE: WAL ): Q4 GAAP EPS of $2.67 misses by $0.01 . Revenue of $701.2M (+25.0% Y/Y) misses by $31.93M . For further details see: Western Alliance GAAP EPS of $2.67 misses by $0.01, revenue of $701.2M misses by $31.93M