WAL News and Press, Western Alliance Bancorporation From 04/15/21

Western Alliance (WAL): Q1 GAAP EPS of $1.90 beats by $0.46.Revenue of $337M (+22.9% Y/Y) misses by $1.58M.Nonperforming assets to total assets of 0.27%, compared to 0.32%.Annualized net loan charge-offs to average loans outstanding of 0.02%, compared to 0.06%.Net interest margin of 3.37%, co...

Western Alliance Bancorporation (NYSE:WAL): “The continued emphasis on Western Alliance's growing national commercial business strategy drove key financial performance results and balance sheet growth to quarterly record highs to kick off 2021,” said Kenneth A. Vecchio...

Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its first quarter 2021 financial results after the market closes on Thursday, April 15, 2021. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12...

Western Alliance Bancorporation (NYSE: WAL) is the nation’s top-performing among the 50 largest public U.S. banks for 2020, according to a new report from S&P Global Market Intelligence. The bank earned the #1 position for the second year in a row. S&P Global Market I...

Western Alliance Bancorporation (“Western Alliance”) (NYSE: WAL) today announced it has completed the acquisition of Aris Mortgage Holding Company, LLC, the parent company of AmeriHome Mortgage Company, LLC (“AmeriHome”). Based on AmeriHome’s closing b...

Western Alliance Bancorporation ([[WAL]] +4.7%) has pricied 2.3M shares of common stock at $91/share for a total offering of ~$209M, to support the recently announced AmeriHome acquisition and its future growth.Intends to use the net proceeds for general corporate purposes, including pro...

Western Alliance Bancorporation (“Western Alliance”) (NYSE: WAL) today announced the pricing of 2.3 million shares of common stock at $91.00 per share for a total offering of approximately $209 million, to support the recently announced AmeriHome acquisition and its future...

The banking sector saw one of its first big deals of the year when the Phoenix, Arizona-based Western Alliance Bancorp (NYSE: WAL) announced its plans to acquire AmeriHome, a leading national business-to-business mortgage acquirer and servicer. Western Alliance will pay $1 billion i...

Apollo Global Management (APO) and Athene Holding (ATH) agree to sell AmeriHome Mortgage, the nation's third largest correspondent mortgage acquirer, to Western Alliance Bancorporation (WAL).The purchase price, which APO didn't disclose, represents ~1.4x adjusted tangible book value base...

NEW YORK, HAMILTON, Bermuda, and THOUSAND OAKS, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), Athene Holding Ltd. (NYSE: ATH) (“Athene”), and AmeriHome Mortgage Compan...