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Western Alliance Bancorporation - $WAL STOCK NEWS

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

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 Bancorporation'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 Bancorporation's position in the market.

Rhea-AI Summary
Todd Sondrini appointed as Head of Treasury Management at Western Alliance Bank
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End-of-Day
-0.18%
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Rhea-AI Summary
Western Alliance Bancorporation (NYSE:WAL) reported its second quarter 2023 financial results. Net income for the quarter was $215.7 million, with earnings per share of $1.96. The company's net interest margin was 3.42%, and its efficiency ratio was 50.5%. Book value per common share was $49.22. HFI loans increased by 3.1% to $47.9 billion, while total deposits grew by 7.3% to $51.0 billion. Nonperforming assets to total assets ratio was 0.39%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.78%
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Rhea-AI Sentiment
End-of-Day
-0.08%
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Rhea-AI Summary
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Rhea-AI Sentiment
End-of-Day
-2.07%
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Rhea-AI Summary
Western Alliance Bancorporation denies rumors of potential sale, calling them categorically false. The bank states it is not exploring a sale and has not hired an advisor for strategic options. Western Alliance is considering legal action against the Financial Times for spreading false narratives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-38.45%
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Rhea-AI Impact
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End-of-Day
-38.45%
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End-of-Day
24.12%
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Rhea-AI Summary
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-15.14%
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Rhea-AI Sentiment
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-47.06%
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Western Alliance Bancorporation

NYSE:WAL

WAL Rankings

WAL Stock Data

7.01B
103.18M
1.6%
82.21%
4.56%
Commercial Banking
Finance and Insurance
Link
United States of America
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.