Page 22 - Wal News Today

The lender is recovering following the turmoil in the sector during which two banks collapsed last month.

Western Alliance Bancorporation (NYSE:WAL – Get Rating) released its earnings results on Wednesday. The financial services provider reported $2.30 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.31 by ($0.01), Briefing.com reports. Western Alliance Bancorporation had a return on equity of 22.00% and a net margin of 34.94%. The company had […]

Netflix issues a disappointing second-quarter outlook, slower deal making weighs on Morgan Stanleys results, Tesla will report earnings after the stock market closes Wednesday, and regional bank Western Alliance says deposits have stabilized.

Shares of Western Alliance Bancorporation (WAL) are progressing more than 16 percent on Wednesday morning trade after the company said its deposits increased by $2 billion since the end of the first quarter, despite exposure to innovation and tech segments.

Merck is acquiring Prometheus for $10.8 Billion, Musk Eyes AI, and other news to start your day.

Western Alliance Bancorporation (NYSE:WAL – Get Rating) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday. A number of other equities analysts also recently weighed in on WAL. Stephens upped their target price on Western Alliance Bancorporation from $80.00 to $86.00 […]

Western Alliance Bancorporation (NYSE:WAL – Get Rating) was downgraded by investment analysts at StockNews.com from a “hold” rating to a “sell” rating in a research note issued to investors on Wednesday. Several other analysts have also weighed in on WAL. TheStreet lowered shares of Western Alliance Bancorporation from a “b-” rating to a “c+” rating […]

Western Alliance Bancorporation (NYSE:WAL – Get Rating) had its target price decreased by Hovde Group from $65.00 to $55.00 in a research note published on Thursday morning, The Fly reports. Several other research firms also recently issued reports on WAL. JPMorgan Chase & Co. lowered their target price on shares of Western Alliance Bancorporation from […]

Western Alliance Bancorporation (NYSE:WAL – Get Rating) had its price target reduced by JPMorgan Chase & Co. from $75.00 to $36.00 in a research note released on Thursday, The Fly reports. WAL has been the topic of several other reports. TheStreet raised Western Alliance Bancorporation from a c+ rating to a b rating in a […]

Western Alliance Bancorporation (NYSE:WAL – Get Rating) had its target price cut by Hovde Group from $65.00 to $55.00 in a research report released on Thursday, The Fly reports. Other research analysts have also recently issued reports about the stock. Wedbush raised shares of Western Alliance Bancorporation from a neutral rating to an outperform rating […]