WAL Stock Recent News
WAL LATEST HEADLINES
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank has teamed with Federal Home Loan Bank of San Francisco (FHLBank San Francisco) to deliver a $1.25 million Affordable Housing Program (AHP) Nevada Targeted Fund grant to the Blind Center of Nevada to create 100 units of supportive housing in downtown Las Vegas. Western Alliance Bank successfully supported the Blind Center of Nevada's Visions Park project in securing the maximum grant funding available from FHLBank San Francisco's 2025 AHP Nevada T.
Western Alliance Bancorporation is a fundamentally sound regional bank with consistent loan, deposit, and net interest income growth. Concerns over WAL's commercial real estate exposure are overblown due to conservative underwriting, strong sponsors, and suburban loan concentration. WAL trades at a significant discount to peers on both price-to-tangible book value and price-to-earnings, offering 20% upside potential.
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced, in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), an $800,000 grant awarded to the Yavapai-Apache Nation to support capacity building for affordable housing development. This grant funding will support Yavapai-Apache Nation Tribal Housing (YANTH)'s construction of Yavapai-Apache Homes IX. This 38-unit new construction project offers a mix of two-bedroom duplexes and three- and four-bedroom.
Western Alliance delivered solid Q2 results last week, with double-digit earnings growth and robust increases in both deposits and loans. The lender's net interest income surged 7.2% quarter-over-quarter, driven by a favorable interest rate environment and higher interest-generating assets. Western Alliance's shares trade below the 5-year average price-to-book ratio, making them attractively valued.
Western Alliance Bancorporation WAL reported better-than-expected earnings for the second quarter on Friday.
Western Alliance Bancorporation (NYSE:WAL ) Q2 2025 Earnings Conference Call July 18, 2025 12:00 PM ET Company Participants Dale M. Gibbons - Vice Chairman & CFO Kenneth A.
Western Alliance has rebounded strongly post-2023 crisis, with robust deposit and loan growth, improved margins, and solid capital positioning. Deposit costs are declining as high-cost CDs roll off, supporting net interest margin improvement, though most of this benefit has already materialized. Credit quality remains solid, but reserve coverage is low; I expect provisions to remain elevated compared to peers, though recession risk has diminished.
Although the revenue and EPS for Western Alliance (WAL) give a sense of how its business performed in the quarter ended June 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Names Vishal Idnani as Next Chief Financial Officer.