WAL News and Press, Western Alliance Bancorporation From 05/10/23

2023-05-10 13:00:11 ET Summary BLS reported April 2023 CPI of 4.9%. Monthly and yearly price changes in shelter, used automotive, and gas discussed. Watch out for these ETFs. The widely watched Consumer Price Index lifted the index only marginally. Stock markets anti...

2023-05-10 08:20:00 ET SVB Financial failed on March 10, 2023, and two days later, New York state regulators shut down Signature Bank. These events caused investors to fear that other regional banks would fail soon. As a result, Western Alliance Bancorporation's (NYSE: WAL) ...

2023-05-10 01:59:00 ET Summary I think that the Fed had to take the olive branch that the market was extending to it with fully pricing in this rate hike. The First Republic going into receivership and having the merger there - I think from that vantage point, it was a win-win-win...

2023-05-09 08:40:39 ET Regional bank stocks continue their whipsaw action Tuesday morning and concerns about deposits continue to unnerve the financial sector. Shares are under pressure again but off their earlier premarket lows. The SPDR Regional Bank ETF ( NYSEARCA: KRE ) -1...

2023-05-09 06:40:20 ET Stock index futures pointed to a lower open Tuesday as regional banks found themselves on the back foot again. S&P futures ( SPX ) -0.3% , Dow futures ( INDU ) -0.3% and Nasdaq 100 futures ( NDX:IND ) -0.3% were lower. Financial...

2023-05-08 08:02:34 ET Regonal bank stocks continue Friday's rally, with the SPDR S&P Regional Banking ETF ( NYSEARCA: KRE ) gaining 2.1% in Monday premarket trading after PacWest Bancorp ( NASDAQ: PACW ) slashed its dividend to conserve cash in an uncertain backdrop...

2023-05-08 07:45:00 ET Summary Warren Buffett warned bank investors over the weekend that he doesn't "know where the shareholders of banks are heading." Schwab's balance sheet remains under pressure as clients search for higher yields. The company must demonstrate its ability ...

2023-05-08 04:55:36 ET Summary U.S. Bancorp still reporting solid first-quarter results, has a very compelling dividend yield, and is trading for low valuation multiples. But the company has rather low financial stability metrics and in the current environment with banks collapsin...

2023-05-08 00:48:23 ET Summary Thirteen badly beaten-up bank stocks are reviewed and compared to those that were recently taken over. Items reviewed include uninsured deposits, risky activities, unrealized investment losses, capital ratios, ROE, performance in the last recession, ...

2023-05-07 19:00:00 ET Summary With nearly a 40% YTD decline, IAT is now nearing its Covid-19 low, presenting an attractive risk and reward for long-term investors. By hedging IAT with TLT, investors can not only reduce volatility but also earn a yield of 4.2% while waiting for a ...