WAL News and Press, Western Alliance Bancorporation From 07/15/21

Western Alliance (WAL): Q2 Non-GAAP EPS of $2.29 beats by $0.28; GAAP EPS of $2.17 beats by $0.23.Revenue of $506.5M (+58.4% Y/Y) beats by $11.94M.HFI loans of $30.0 billion, up $1.3 billion, or 18.4% annualized.Total deposits of $41.9 billion, up $3.5 billion, or 36.9% annualized.Nonperformi...

Western Alliance Bancorporation (NYSE:WAL): 1 See reconciliation of Non-GAAP Financial Measures. Income Statement Net interest income was $370.5 million in the second quarter 2021, an increase of $53.2 million from $317.3 million in the first quarter 2021, and an inc...

Western Alliance (NYSE:WAL) is scheduled to announce Q2 earnings results on Thursday, July 15th, after market close.The consensus EPS Estimate is $2.01 (+116.1% Y/Y) and the consensus Revenue Estimate is $494.56M (+54.7% Y/Y).Over the last 2 years, WAL has beaten EPS estimates 88% of the time...

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

The economic recovery will likely drive loan growth in the year ahead. As loan growth will likely outpace deposit growth in the remainder of the year, the excess liquidity will likely decline, thereby improving the margin. Further reversals of provisions for loan losses are likely...

It's been a rough few months for crypto investors. The biggest disruptive currency, Bitcoin (CRYPTO: BTC) , is down more than 40% from its highs earlier this year. Meanwhile, the ultimate legacy financial industry, banking, has been on a tear. One high-profile example is Weste...

When the $43 billion asset Western Alliance Bancorporation (NYSE: WAL) announced that it would purchase the mortgage company AmeriHome Mortgage, some investors might have been surprised, given Western Alliance's dominance in the commercial and industrial (C&I) lending space...

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Western Alliance Bancorporation (DE) (NYSE:WAL) traded at a new 52-week high today of $109.84. This new high was reached on below average trading volume as 161,000 shares traded hands, while the average 30-day volume is approximately 764,000 shares. Based on a current price of $107.35, W...