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Why Western Alliance's Acquisition of AmeriHome Is Looking Better and Better


Author Bio
Bram Berkowitz mainly writes in the financials bureau covering the banking sector. Prior to The Motley Fool, he wrote about and covered community and regional banks in New England for The Warren Group.
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When the $43 billion asset 
Western Alliance Bancorporation (NYSE:WAL) announced that it would purchase the mortgage company AmeriHome Mortgage, some investors might have been surprised, given Western Alliance s dominance in the commercial and industrial (C&I) lending space. After all, if it s not broke, why fix it? And in this case, if it s an industry leader, why fix it?
But since the deal got announced in February, it is already looking like Western Alliance made the right decision. Here s why. ....

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10 Best Bank Stocks for Dividends - Insider Monkey


10 Best Bank Stocks for Dividends
The COVID-19 pandemic was an unexpected event that led to an economic recession, causing widespread concern and global shock. The banking industry was not immune to this. According to McKinsey, the problems caused by the pandemic for the
banking industry would unfold in two stages. The first stage would be significant credit defaults, which will last until late 2021. And in the second stage, amid a sluggish global expansion, banks will face a substantial risk to continuing activities, which may last until 2024. Around 2020 and 2024, $1.5 trillion to $4.7 trillion in accumulated sales could suffer, depending upon several factors including risk, global recovery and overall economic situation. ....

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