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WAL - Western Alliance Bancorp
$93.27
0.02(0.02%)9:00:01 PM 3/4/2021
Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as Internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. As of December 31, 2018, the company operated 38 branch locations and 11 loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Summary:

  • MACD is crossing MACD signal line at 0.2. MACD crossing signal line is bullish signal.
Stock Statistics
MarketCap9.4B
PE Ratio18.5
PEG Ratio1.2
P/B2.7
P/S (ttm)8.3
Earning Growth (QoQ)51%
Revenue Growth (QoQ)
Short %2%
Held by Institutions %85%
1 Day Vol Adjusted Return0.0
1 Month Vol Adjusted Return11.3
3 Month Vol Adjusted Return33.0
6 Month Vol Adjusted Return67.9
20 Days SMA Price ZScore0.9
50 Days SMA Price ZScore1.7
12 -26 Days PPO7.6
1 Month Average Short Volume Ratio27.3
1 Day Volume Change ZScore0.5
1 Month Daily Vol2.5
Related Topics
Peers

Stock news

    03/4/2021WAL
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    03/1/2021WAL
    Western Alliance Bancorporation Announces Pricing of 2.3 Million Shares of Common Stock

    Western Alliance Bank Announces Pricing of $200 Million Common Stock Offering

    02/24/2021WAL
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    02/22/2021WAL
    Western Alliance Bancorp's Somewhat Surprising Acquisition of AmeriHome Looks Pretty Good on Paper

    It seems like an odd move for a bank to a buy a mortgage servicing company right now, but the financials behind the deal look attractive.

    02/17/2021WAL
    Western Alliance To Buy AmeriHome For $1B; Shares Drop 3.5%

    Western Alliance has agreed to snap up AmeriHome, a business-to-business mortgage acquirer and servicer, in a cash deal worth $1 billion. Shares declined almost 3.5% in Tuesday’s extended trading session after closing almost 3% higher on the day. The purchase price includes $275 million in cash plus AmeriHome’s adjusted tangible book value based on year-end results. The bank is looking to arrange $275 million of primary capital through a public offering of common stock, before the end of the sec...

    02/16/2021WAL
    Western Alliance Buys Apollo-Backed AmeriHome for $1 Billion

    (Bloomberg) -- Western Alliance Bancorporation is buying the mortgage company AmeriHome for about $1 billion in cash, as the pandemic housing boom in the U.S. fuels industry consolidation.Western Alliance has reached an agreement to purchase Aris Mortgage Holding Company, the parent company of California-based AmeriHome, according to a statement on Tuesday.AmeriHome, which counts an affiliate of Apollo Global Management as its controlling shareholder, confidentially filed paperwork with the Secu...

    02/16/2021WAL
    UPDATE 2-Western Alliance to buy mortgage firm AmeriHome for $1 bln

    Western Alliance Bancorp said onTuesday it would buy mortgage servicer AmeriHome for about $1billion in cash, in a deal that would strengthen the bank's homefinance business. Backed by private equity firm Apollo Global Managementand its insurance affiliate Athene Holding,Thousand Oaks, California-based AmeriHome acquires and servicesmortgages originated by a network of brokers and financialinstitutions across the United States. The deal, partially funded by a $275 million sale of newWestern Al...

    02/16/2021WAL
    Athene and Funds Affiliated with Apollo to Sell AmeriHome to Western Alliance Bank

    Transaction Exemplifies Apollo and Athene’s Differentiated Origination StrategyNEW YORK, HAMILTON, Bermuda, and THOUSAND OAKS, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”), Athene Holding Ltd. (NYSE: ATH) (“Athene”), and AmeriHome Mortgage Company, LLC, the nation’s third largest correspondent mortgage acquirer (“AmeriHome”), today announced the execution of a definitive agreement to sell AmeriHome to...