WAL - Dividend announcements

Western Alliance Bancorporation (NYSE:WAL), the holding company for Western Alliance Bank, today issued the following update about deposit trends in response to recent industry events. Stable Deposits: Total Deposits were approximately $49.4 billion as of Tuesday, May 9, with quarter-to-date deposit growth of $1.8 billion from $47.6 billion as of March 31 and higher by approximately $600 million from $48.8 billion as of Tuesday, May 2, the date of our last deposit status release. Insured deposits were approximately 79% of total deposits as of Tuesday, May 9 compared to 68% as of March 31. Readily available liquidity is approximately double the amount of uninsured deposits as of May 9. The

Western Alliance Bancorporation ("Western Alliance" or the "Bank") (NYSE:WAL), the holding company for Western Alliance Bank, today issued the following statement in response to an article published by the Financial Times. The Financial Times' report today that Western Alliance is considering a potential sale of all or part of its business is categorically false in all respects. There is not a single element of the article that is true. Western Alliance is not exploring a sale, nor has it hired an advisor to explore strategic options. It is shameful and irresponsible that the Financial Times has allowed itself to be used as an instrument of short sellers and as a conduit for spreading f

Western Alliance Bancorporation ("Western Alliance" or the "Bank") (NYSE:WAL), the holding company for Western Alliance Bank, today issued the following update reaffirming its financial strength as well as its deposit growth guidance in response to recent industry events. Western Alliance released the following key financial metrics, which reinforce the Bank's strength, soundness, and stability: 1. Stable Deposits: The Bank has not experienced unusual deposit flows following the sale of First Republic Bank and other recent industry news. Total Deposits were $48.8 billion as of Tuesday, May 2, up from $48.2 billion as of Monday, May 1, and flat to Friday, April 28. Quarter to da

Western Alliance Bank, the primary subsidiary of Western Alliance Bancorporation (NYSE:WAL), today issued the following statement reaffirming its financial strength. Western Alliance remains in a strong position, with immediately available liquidity of over $20 billion as of March 16, 2023. The bank experienced elevated net deposit outflows on Monday, March 13, immediately following the announcement of the Signature Bank closure on March 12, concentrated primarily in our Technology & Innovation group. Since then, net outflows have fallen sharply, with deposit balance fluctuations returning to normalized levels in recent days, including significant inflows and new account openings. As of M

Western Alliance Bank (NYSE:WAL), in light of recent industry events, filed an updated Form 8-K this morning. Please see the 8-K here, which includes the following statement from Western Alliance Bank President and CEO Kenneth Vecchione: "Since the statement we released last week, Western Alliance has taken additional steps to strengthen its liquidity position to ensure that we are in a position to meet all of our client funding needs, including increasing our borrowing capacity. As of this morning, cash reserves exceed $25 billion and are growing, while deposit outflows have been moderate. Including accounts eligible for pass-through insurance, insured deposits exceed 50% of total deposit

Western Alliance Bank (NYSE:WAL), in light of recent industry events, updates the following financial (unaudited) information: Deposits remain strong with the following balances, as of 3/9/2023: Total deposits of $61.5 billion, an increase of $7.8 billion since year end, led by our deposit verticals of Settlement Services, Home Owner Associations and Mortgage Warehouse. The company expects deposits to moderately decline from these levels by quarter end due to typical seasonal and monthly activity Total technology-related deposits of $6.5 billion, which are down $201 million quarter to date, as of 3/9/2023 Total Equity Fund Resources & Life Sciences deposits of $1.5 billion, which ar

NEW YORK, Sept. 09, 2022 (GLOBE NEWSWIRE) --  Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), today announces the upcoming index rebalancing for the third quarter of 2022. This quarter, there are constituent changes within two of our indexes, including the KBW Nasdaq Bank Index (Index Ticker: BKX, ETF Ticker: KBWB) and KBW Nasdaq Regional Banking Index (Index Ticker: KRX, ETF Ticker: KBWR). These  changes  will  be  effective  prior  to  the  opening  of  business  on  Monday, September 19, 2022. As part of this rebalancing, below are th

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE:WAL): FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS Net income   Earnings per share   PPNR1   Net interest margin   Efficiency ratio1   Book value per common share $193.6 million   $1.93   $206.4 million   3.84%   38.2%   $33.85           $30.901, excluding goodwill and intangibles   CEO COMMENTARY: “Western Alliance continued on the successful path it has paved from the start of the year and closed out the year with record revenues, PPNR1 and earnings,” said Kenneth Vecchione, President and Chi