Headquartered in Phoenix, AZ Fiscal year ends December NYSE: WAL westernalliancebancorporation.com
Western Alliance Bancorporation (NYSE: WAL) is a national banking company with more than $90 billion in assets. Its primary subsidiary, Western Alliance Bank, is a Member FDIC institution that provides tailored business banking solutions and consumer products with specific expertise in more than 30 industries and sectors. The company operates offices nationwide and focuses on commercial and industrial lending, commercial real estate, residential real estate, mortgage banking (including loan origination, servicing, and warehouse lending), and specialty deposit services including business escrow services, corporate trust, HOA banking, and digital banking. Its diversified business model encompasses commercial banking, mortgage banking, and residential mortgage segments, with a growing mortgage servicing portfolio exceeding $74.6 billion in unpaid principal balance. The company also engages in credit risk transfer through credit linked note transactions covering approximately $7.6 billion in reference loan pools. Updated
Two straight quarters of missing expectations put Western Alliance on the clock at 4:20 PM ET, with consensus at $2.43 EPS on $987.17 million in revenue. Its commercial real estate commentary is the part regional bank holders can't afford to skip.
Two tariff-era steelmakers and three regional banks report inside one session, making tomorrow the cleanest read yet on whether steel pricing and credit quality are holding up.
Cleveland-Cliffs $CLF and Fifth Third $FITB report tomorrow before the open. Crown $CCK, Steel Dynamics $STLD, W.R. Berkley $WRB, Western Alliance $WAL, and Zions $ZION follow after the close. https://t.co/Em6vSdvdKc
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Western Alliance Bancorporation (NYSE: WAL) is a national banking company with more than $90 billion in assets.
24/7 Wall St.'s 12-month price target for WAL is $100.11, rated Buy. The Wall Street consensus target is $89.50. WAL price prediction →
