Western Alliance Bancorporation (WAL) Tops Q1 EPS by 33c
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First Republic Bank (FRC). Pacwest Bancorp (PACW) Trade Higher in Sympathy with Western Alliance (WAL)
April 18, 2023 4:47 PM EDTFirst Republic Bank (NYSE: FRC). Pacwest Bancorp (NASDAQ: PACW) Trade Higher in Sympathy with Western Alliance (NYSE: WAL)
WAL +16% After Reporting Increase in Deposits in Q3FRC +3%PACW +6%... More
Western Alliance Bancorporation (WAL) Climbs 15% After Reporting Increase in Deposits So Far This Quarter
April 18, 2023 4:45 PM EDTWestern Alliance Bancorporation (NYSE: WAL) Climbs 15% After Reporting Increase in Deposits So Far This Quarter
Also Reported EarningsSince March 31, deposits have increased an additional $2.0 billion through April 14, with total insured deposits representing 73% of total deposits, which is well above industry norms compared to the 50 largest U.S. banks.... MoreWestern Alliance (WAL) Says 2Q Quarter-to-Date Deposits Increased $2 Billion Through April 14
April 18, 2023 4:35 PM EDTWestern Alliance (WAL) Says 2Q Quarter-to-Date Deposits Increased $2 Billion Through April 14
The flexibility of our diversified, national commercial banking strategy, with a broad range of value-added deposit channels and deep commercial customer relationships in a wide variety of sectors and geographies, all contributed to our firms resilience in the face of recent turbulence in the banking industry, said Kenneth A. Vecchione, President and Chief Executive Officer. We believe our focus on sound financial fundamentals and... More