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Western Alliance Bancorp - WAL STOCK NEWS

Welcome to our dedicated news page for Western Alliance Bancorp (Ticker: WAL), a resource for investors and traders seeking the latest updates and insights on Western Alliance Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Western Alliance Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Western Alliance Bancorp's position in the market.

Rhea-AI Summary
Western Alliance Bank appoints Katie McDowell and Jon VanDerMeid to strengthen its Commercial and Industrial Banking team, focusing on Aerospace, Defense, and Government Services sectors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.44%
Tags
management
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Rhea-AI Summary
Western Alliance Bank appoints Bret Rathwick and Michael Anthony as Vice Presidents in the Commercial and Industrial team, enhancing their capacity to serve the California market. Rathwick brings over 30 years of experience, while Anthony contributes nearly a decade of expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.2%
Tags
none
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Rhea-AI Summary
Paulina Woo joins Western Alliance Bank as a senior director in treasury management, bringing 15 years of experience in investment advisory and treasury management consulting. She will lead teams to provide tailored banking solutions to municipalities, local governments, nonprofits, corporations, and institutional investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
management
Rhea-AI Summary
Western Alliance Bancorporation (WAL) reported its fourth-quarter and full-year 2023 financial results. The company's net income was $147.9 million, with earnings per share of $1.33. The net interest margin was 3.65%, and the adjusted efficiency ratio was 59.1%. The company's stockholders' equity increased to $6.1 billion, and the tangible book value per share rose to $46.72. The company's CEO expressed confidence in the strong loan and deposit momentum, net interest income growth, and stable asset quality, positioning the company for leading profitability in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.48%
Tags
earnings
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Rhea-AI Summary
Western Alliance Bancorporation (WAL) plans to release its Q4 and full year 2023 financial results on January 25, 2024, followed by a conference call on January 26, 2024, hosted by President and CEO Ken Vecchione and Vice Chairman and CFO Dale Gibbons. The call will be available via dial-in and live audio webcast, and a replay will be accessible until February 26, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.66%
Tags
earnings
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Rhea-AI Summary
Western Alliance Bank (WAL) appoints Lynne Biggio Herndon as the new Chief Credit Officer. Her decades of experience and strong credit management skills will enhance the bank's asset quality and credit administration function. Herndon brings over 30 years of experience, having held senior credit positions at Regions Bank and BBVA USA, and most recently served as West Region Commercial Credit Executive at PNC Bank. With her appointment, Tim Bruckner assumes the new role as Chief Banking Officer for Regional Banking, and Steve Curley as Chief Banking Officer for National Business Lines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.71%
Tags
none
Rhea-AI Summary
Western Alliance Bank (WAL) appoints Craig Hirson as Commercial Banking Market Executive for Greater Los Angeles and Orange County, emphasizing expertise in commercial banking and market knowledge. Hirson brings 20+ years of experience and a background in strategic solutions for middle market companies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.17%
Tags
none
-
Rhea-AI Summary
Western Alliance Bank: Matt Griesbach Appointed Commercial and Industrial Industry Executive for Aerospace and Defense. With over 25 years of experience in corporate and commercial banking, Griesbach brings deep expertise to his role. He aims to deliver tailor-made financial solutions for clients in the aerospace and defense sector, positioning the bank as trusted advisors to clients nationwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.14%
Tags
none
-
Rhea-AI Summary
Western Alliance Bancorporation to present at BancAnalysts Association of Boston Conference
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
conferences
Rhea-AI Summary
Dillan Knudson has been appointed as the Head of Commercial Banking for Arizona at Western Alliance Bank. Knudson's experience and expertise will help expand the bank's services and solutions for Arizona's growing Commercial and Industrial market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.12%
Tags
none
Western Alliance Bancorp

NYSE:WAL

WAL Rankings

WAL Stock Data

7.08B
103.18M
1.6%
82.24%
4.67%
Commercial Banking
Finance and Insurance
Link
US
Phoenix

About WAL

western alliance bank serves customers in in arizona, california, and nevada. the company provides services to businesses, entrepreneurs, professionals, nonprofit organizations, high net worth individuals and other consumers seeking the robust product array of a national bank with the individual, personal attention of a community bank, delivered through a dedicated, local relationship manager.