Western Alliance Bancorp: Preferred Shares Less Appealing
Source: SeekingAlpha
2025-12-24 00:19:03 ET
Western Alliance Bancorporation ( WAL ) is a $91 billion bank holding company primarily serving the western U.S. states of California, Nevada, and Arizona. We acquired the company's preferred shares in 2023 during the banking panic, which depressed prices in the aftermath of the failure of Silicon Valley Bank. Western Alliance was one of the institutions, along with PacWest Bancorp and others, speculated as being at risk should the fear contagion extend beyond the handful of fundamentally flawed institutions that ultimately failed as a result of the momentary crisis....
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Western Alliance Bancorp: Preferred Shares Less Appealing
Wintrust Financial Corporation Depositary Shares Each Representing a 1/1000th Interest in a Share of 7.875% Fixed-Rate Reset Non-Cumulative Perpetual Preferred
NASDAQ: WTFCN
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