Tag: $Western Alliance

Western Alliance Bancorp reported a net income of $216.6 million and earnings per share of $1.97 for Q3 2023.

Investing.com — Western Alliance Bancorp on Tuesday reported mixed second-quarter results as earnings missed, but revenue beat Wall Street estimates, while deposits continued to improve following the banking turmoil earlier this year.

Shares of U.S. regional lenders climbed on Wednesday, looking to break out of range-bound trading as an update on Western Alliance Bancorp’s deposit levels soothed concerns that the banking crisis was getting worse.

PacWest Bancorp and other regional bank stocks fell early Tuesday as market jitters appeared to resurface after a two-day rally.