WAL News and Press, Western Alliance Bancorporation From 07/18/23

2023-07-18 17:15:15 ET Western Alliance Bancorporation ( NYSE: WAL ) stock gapped down 3.9% in Tuesday after-hours trading after the regional lender turned in lower net interest margin and a higher provision for credit losses for the second quarter, weighing on headline results....

2023-07-18 16:53:15 ET Western Alliance press release ( NYSE: WAL ): Q2 GAAP EPS of $1.96 in-line. Revenue of $669.3M (+8.0% Y/Y) beats by $13.83M . HFI loans of $47.9 billion, up $1.4 billion, or 3.1%. Total deposits of $51.0 billion, up $3.5 billion, or 7.3%....

Western Alliance Bancorporation (NYSE:WAL): SECOND QUARTER 2023 FINANCIAL RESULTS 1 See reconciliation of Non-GAAP Financial Measures. Income Statement Net interest income totaled $550.3 million in the second quarter 2023, a decrease of $59.6 million, or 9.8%, from $60...

2023-07-17 13:15:00 ET Summary The global custodial banks like State Street, Bank of New York Mellon, and Northern Trust don’t look very healthy. The interesting part to the 2023 S&P 500 EPS data is that 2023 is now expecting 0-1% EPS growth for 2023. We could defin...

2023-07-17 11:38:07 ET Bank of America's equity and quant strategy team outlined 10 stocks to watch on Monday from the Russell 1000 ( RTY ) that offer the best positioning for a potential earnings surprise through the use of a proprietary options screener. The options screener ranks...

2023-07-17 09:12:27 ET Summary Western Alliance Bancorporation is set to release its Q2 earnings report on July 18th, with key metrics to watch including deposits, asset rebalancing, and net interest margin (NIM). Analysts' projections for WAL's Q2 2023 results suggest a contracti...

2023-07-15 08:45:00 ET Summary The Deep Value Select strategy underperformed in Q2, with a 2% decrease net-of-fees, lagging behind the overall market and the S&P 1500 Value Index. The five largest S&P 500 weights generated over 70% of the S&P 500 Index return in Q2, ad...

2023-07-14 14:00:56 ET Earnings season picks up steam in mid-July, with a flurry of releases from some of the world's most prominent companies. This includes Elon Musk's EV giant Tesla ( NASDAQ: TSLA ). The lineup also features major banks, pharmaceutical firms, prominent airlin...

2023-07-13 15:36:00 ET Banks start releasing Q2 2023 earnings on Friday, leading off with JPMorgan Chase ( NYSE: JPM ), Citigroup ( NYSE: C ), and Wells Fargo ( NYSE: WFC ). For the most part, Q2 earnings expectations have been lowered for the biggest banks. Anal...

Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its second quarter 2023 financial results after the market closes on Tuesday, July 18, 2023. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET...