WAL News and Press, Western Alliance Bancorporation From 06/09/23

2023-06-09 05:38:30 ET Summary Truist Financial remains cheap in spite of positive industry developments. It's likely that investor sentiment in regional banks has already bottomed. We previously called out a profitable trade in TFC stock, and we think a similar trading opport...

2023-06-03 06:34:24 ET Summary Western Alliance Bancorporation is a core consideration for investors looking to ride the post-crisis recovery. The bank's Series A preferred shares offer a 7.34% yield and are trading at a 42% discount to their $25 par value. Strong deposit grow...

2023-05-30 07:16:51 ET Summary New York Community Bancorp (NYCB) has emerged as a strong regional banking opportunity due to its acquisition of assets and liabilities from the failed Signature Bank, diversified portfolio, and solid liquidity and capital ratios. The bank's risk pro...

2023-05-28 07:30:00 ET Michael Burry isn't exactly known for being a pure dividend investor. Rather, Burry got famous for his bets against the housing market right before the Great Recession, yielding Burry and his fund at the time tremendous profits. Burry's call, which very few invest...

2023-05-26 06:15:18 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Not all bank stocks are bad ones. Finding some gems out there is certainly possible, but I won’t be beating down the bushes looking for opportunities in the banking sector. These...

2023-05-24 02:30:00 ET Summary Gator Capital Management is an investment manager specializing in managing non-diversified, concentrated portfolios stocks. Our goal is to create wealth for our clients by outperforming the market benchmarks. During the 1st quarter of 2023, the Fund ...

2023-05-21 09:00:00 ET Summary U.S. equity markets climbed to nine-month highs this week as investors weighed signs of progress on debt-ceiling negotiations and solid economic data against a continued drumbeat of hawkish Fed commentary. Snapping a two-week losing streak and climbi...

2023-05-20 05:36:00 ET Summary New fallen angels and rising stars continue to impact sector allocations in the fallen angel index. The Telecom sector’s weight decreased as a large rising star exited the index. After its latest interest rate increase following its early May ...

2023-05-19 12:03:20 ET Shares of regional and commercial banks tumbled in Friday early afternoon trading after Treasury Secretary Janet Yellen laid out the potential need for additional bank mergers, CNN reported Friday, citing people familiar with the matter. The SPDR S&P Regional ...

2023-05-18 09:40:08 ET Summary Western Alliance Bancorp's shares spiked by 10.2% after management released positive financial data, showing a reduction in uninsured deposits and an increase in insured deposits. The company aims to reduce its borrowings and increase its CET1 capita...