WAL News and Press, Western Alliance Bancorporation From 07/20/23

2023-07-20 06:13:00 ET Summary Western Alliance Bancorporation has seen a significant increase in new deposits in Q2, indicating a continual recovery from the March financial crisis. The Company has attracted $3.5B in new deposits in Q2'23. Exposure to commercial real estate l...

2023-07-19 21:08:04 ET Western Alliance Bancorporation (WAL) Q2 2023 Earnings Conference Call July 19, 2023, 12:00 PM ET Company Participants Miles Pondelik - Director, Investor Relations and Corporate Development Ken Vecchione - President and CEO Dale Gibbons - ...

2023-07-19 05:53:00 ET Summary S&P 500 EPS growth for Q2 2023 is set to come in at -7.1%, the lowest rate in 3 years and the third consecutive quarter of negative earnings growth. The LERI shows corporate uncertainty increasing to its highest level since the pandemic. Why ...

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...