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As the U.S. created 336,000 new jobs in September, well ahead of the 170,000 estimate, regional-bank stocks fell on the prospect of higher interest rates.
Western Alliance Bancorporation (NYSE:WAL – Free Report) – Investment analysts at DA Davidson lowered their FY2024 earnings per share estimates for shares of Western Alliance Bancorporation in a research report issued on Tuesday, October 3rd. DA Davidson analyst G. Tenner now expects that the financial services provider will earn $7.77 per share for the year, […]
F.N.B., Western Alliance, East West Bancorp, Pinnacle are top picks while First Horizon, Associated Banc, Banc of California and First Interstate get downgrade.
Financial stocks in S&P 500 lag as bond prices push down the value of their bank bond holdings.
Insight Folios Inc purchased a new stake in Western Alliance Bancorporation (NYSE:WAL – Free Report) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 13,275 shares of the financial services provider’s stock, valued at approximately $484,000. Several other large investors also recently made changes to […]