Western Alliance Bancorporation Stock News

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE:WAL) today announced that Kenneth A. Vecchione, President and Chief Executive Officer, and Dale Gibbons, Vice Chairman and Chief Financial Officer, were named as Best CEO and Best CFO, respectively, in Extel's (previously Institutional Investor's) 2024 All-America Executive Team rankings for Banks – Midcap ($2B-$10B). The Western A...

Rate cuts will boost mortgage demand and lift mortgage banking revenue. However, rate cuts will likely also pressure the net interest margin. The housing markets and low borrowing costs bode well for loan growth. However, the job markets in WAL's main states are struggling, which bodes ill. I'm estimating an EPS of $6.88 for 2024 (up 5%) and $8.10 for 2025 (up 18%).

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holding, and adding companies with consistent dividend increases and superior performance compared to benchmarks. The list is created using data from the "U.S. Dividend Champions" spreadsheet and NASDAQ,...

PHOENIX--(BUSINESS WIRE)--Western Alliance to Participate in BancAnalysts Association of Boston Conference.

Western Alliance Bancorporation (NYSE:WAL ) Q3 2024 Earnings Conference Call October 18, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - President & CEO Dale Gibbons - CFO Conference Call Participants Ebrahim Poonawala - Bank of America Christopher McGratty - KBW Jared Shaw - Barclays Matthew Clark - Piper Sandler Bernard Von Giz...

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results.

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2024 financial results after the market closes on Thursday, October 17, 2024. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET on Friday, October 18, 2024 to discuss the Company's performance. Part...

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.