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Western Alliance Bancorporation is a regional bank holding company serving locally-owned, small and middle-market businesses, professional firms, real estate investors and individuals with a wide range of banking products and services. It operates through divisions such as Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank to tailor solutions for different markets. The bank earns interest and fees on loans and investments and charges on deposits, with a diversified portfolio that includes commercial, industrial, and real estate lending plus specialized national lending groups in technology, life sciences, and mortgage warehouse lending. Its goal is to provide customized banking solutions across its regional footprint to meet clients’ financing needs while growing its loan, deposit, and service offerings.
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Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Phoenix, AZ
Founded
2002
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AvAir, an aviation aftermarket inventory firm based in Chandler, Arizona, has closed $170 million in new revolving credit facilities with six banks. The lenders are HSBC Bank USA, Crédit Agricole Corporate and Investment Bank, First Citizens Bank, Western Alliance Bank, Flagstar Bank, and Sunflower Bank. The company will use the money for working capital, inventory purchases, acquisitions, and general corporate purposes. The deal follows AvAir's acquisition of Full Stop Technics, a Milwaukee-based wheel and brake repair provider certified by the FAA and EASA. Full Stop keeps its brand and serves as a captive service provider for AvAir's wheel and brake exchange program. "This financing positions us to pursue our growth strategy with confidence," said chief executive officer Mike Bianco.
Western Alliance Bancorporation (NYSE:WAL) stock gets price target trim from JPMorgan Chase & Co. Western Alliance Bancorporation (NYSE:WAL - Get Free Report) had its target price lowered by analysts at JPMorgan Chase & Co. from $90.00 to $85.00 in a report released on Wednesday, Benzinga reports. The firm presently has a "neutral" rating on the financial services provider's stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 13.23% from the stock's previous close. A number of other brokerages have also recently issued reports on WAL. TD Cowen dropped their price objective on Western Alliance Bancorporation from $90.00 to $85.00 and set a "hold" rating on the stock in a research note on Monday, October 5th. Stifel Nicolaus set a $95.00 target price on shares of Western Alliance Bancorporation in a research note on Thursday, July 23rd. Barclays boosted their target price on shares of Western Alliance Bancorporation from $88.00 to $93.00 and gave the stock an "overweight" rating in a report on Monday, October 5th. Mizuho set a $96.00 price target on shares of Western Alliance Bancorporation in a research report on Thursday, July 23rd. Finally, Weiss Ratings upgraded shares of Western Alliance Bancorporation from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, Western Alliance Bancorporation presently has a consensus rating of "Moderate Buy" and a consensus target price of $92.82. Western Alliance Bancorporation stock down 0.3%. NYSE:WAL traded down $0.23 on Wednesday, hitting $75.07. 225,826 shares of the company's stock were exchanged, compared to its average volume of 1,178,063. The firm has a 50-day moving average price of $77.87 and a 200-day moving average price of $79.15. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.86 and a quick ratio of 0.81. Western Alliance Bancorporation has a 52 week low of $65.82 and a 52 week high of $97.23. The company has a market cap of $8.19 billion, a P/E ratio of 8.29, a price-to-earnings-growth ratio of 0.75 and a beta of 1.42. Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last announced its quarterly earnings data on Monday, October 19th. The financial services provider reported $2.45 earnings per share for the quarter, beating the consensus estimate of $2.43 by $0.02. The company had revenue of $1.01 billion during the quarter, compared to analysts' expectations of $987.91 million. Western Alliance Bancorporation had a return on equity of 13.48% and a net margin of 17.34%. Western Alliance Bancorporation's revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.28 EPS. As a group, analysts expect that Western Alliance Bancorporation will post 9.06 EPS for the current fiscal year. Institutional investors weigh in on Western Alliance Bancorporation. Hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. acquired a new position in Western Alliance Bancorporation during the 3rd quarter worth approximately $44,652,000. Curated Wealth Partners LLC acquired a new stake in Western Alliance Bancorporation in the third quarter valued at approximately $287,000. Fortitude Family Office LLC boosted its position in Western Alliance Bancorporation by 173.5% in the third quarter. Fortitude Family Office LLC now owns 361 shares of the financial services provider's stock valued at $27,000 after buying an additional 229 shares in the last quarter. Lodestone Wealth Management LLC grew its stake in shares of Western Alliance Bancorporation by 9.6% during the third quarter. Lodestone Wealth Management LLC now owns 14,652 shares of the financial services provider's stock worth $1,100,000 after buying an additional 1,288 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in shares of Western Alliance Bancorporation by 2.9% during the third quarter. Wedmont Private Capital now owns 6,510 shares of the financial services provider's stock worth $492,000 after buying an additional 184 shares during the last quarter. 79.15% of the stock is currently owned by institutional investors and hedge funds. Key headlines impacting Western Alliance Bancorporation. Here are the key news stories impacting Western Alliance Bancorporation this week: * Q3 earnings and revenue exceeded expectations. Western Alliance reported adjusted EPS of $2.45, above the $2.43 consensus, while revenue reached approximately $1.01 billion versus estimates of about $988 million. EPS increased from $2.28 a year earlier, and revenue rose 8.1% year over year. * Core banking trends improved. Net interest income increased to $807.6 million, net interest margin expanded to 3.57%, and loans held for investment grew to $61.5 billion. Net income rose 6.4% year over year to $277.2 million. * Credit concerns eased. Nonaccrual loans declined by $77 million during the quarter to $485 million, helping reassure investors concerned about regional-bank credit quality. The company also repurchased $92.1 million of stock, signaling confidence in valuation and capital strength. * Management expects continued income growth. Western Alliance projected 11%-12% net interest income growth and raised its deposit-optimization target to at least $5 billion. The outlook could support margins, though execution and deposit costs remain important factors. * Analysts remain cautious about future growth. One analysis argues that WAL's growth profile may slow after the recent earnings improvement, potentially limiting valuation upside despite improving credit metrics and a relatively low earnings multiple. About Western Alliance Bancorporation. Western Alliance Bancorporation (NYSE:WAL) is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides banking and financial services to businesses, professionals, entrepreneurs, and individual customers. Western Alliance Bank offers commercial and industrial lending, commercial real estate financing, construction loans, residential mortgage warehouse lending, and consumer banking services. Its deposit products include checking, savings, money market, and time deposit accounts, while its other services include treasury management, online banking, payments, and wealth management solutions. The bank serves customers through a combination of regional banking divisions and specialized businesses, with operations focused on markets including Arizona, California, and Nevada as well as nationwide industry-based lending and financial services. Further reading. Receive News & Ratings for Western Alliance Bancorporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Western Alliance Bancorporation and related companies with MarketBeat.com's FREE daily email newsletter.
Western Alliance third-quarter net income rises to $277.2 million as deposit costs fall. Deposit costs fell $13.8 million from the prior quarter, and the company revised its 2026 loan growth and deposit cost outlook. Oct 19, 2026 Key takeaways. * Western Alliance Bancorporation (WAL) reported third-quarter 2026 net income of $277.2 million, up 6.4% from $260.5 million a year earlier, and earnings per diluted share of $2.45, up 7.5%, according to a regulatory filing on Oct. 19. The company also said it repurchased $92.1 million of shares in the quarter. Western Alliance Bancorporation (WAL) said Monday it earned $277.2 million, or $2.45 per diluted share, in the quarter ended Sept. 30, 2026. It said in a regulatory filing that the results were furnished under Item 2.02 and were not filed. Here's how the company did: * Net income: $277.2 million vs. $260.5 million a year earlier * Earnings per diluted share: $2.45 vs. $2.28 a year earlier * Net revenue: $1,014.2 million vs. $938.2 million a year earlier * Pre-provision net revenue: $419.1 million vs. $393.8 million a year earlier Net income rose 6.4% from a year earlier. Diluted earnings per share rose 7.5%. Return on average tangible common equity was 15.5%, compared with 15.6% a year earlier. Net interest income totaled $807.6 million, up 7.6% from $750.4 million a year earlier and up $10.7 million from the second quarter. The company said the increase from a year earlier was driven by a $5.5 billion increase in average interest-earning asset balances and lower rates on interest-bearing liabilities. Net interest margin rose to 3.57% from 3.53% a year earlier. Non-interest income was $206.6 million, up 10.0% from $187.8 million a year earlier. The increase was primarily driven by service charges and fees and gains on sales of investment securities. Non-interest expense was $595.1 million, up from $544.4 million a year earlier. Salaries and employee benefits rose $32.6 million over the same period, and data processing costs rose $7.7 million. Deposit costs were $165.4 million, down $13.8 million from the second quarter. The company said the decline was mainly driven by lower average ECR-related deposit balances, resulting from its deposit optimization efforts. The provision for credit losses was $80.0 million, the same as a year earlier. Net loan charge-offs were $45.8 million, or 0.30% of average loans on an annualized basis, compared with 0.22% a year earlier. Nonaccrual loans fell $77 million from the second quarter to $485 million, or 0.79% of funded loans held for investment, down from 0.92% a year earlier. The allowance for credit losses rose to 0.93% of funded loans held for investment, up from 0.85% a year earlier. Coverage of nonaccrual loans increased to 118% from 92%. Loans held for investment totaled $61.5 billion, up $4.9 billion, or 8.7%, from a year earlier. Total deposits were $81.8 billion, up $4.5 billion, or 5.8%, while non-interest-bearing deposits fell $876 million over the same period. Chairman, President and Chief Executive Officer Kenneth A. Vecchione said the quarter featured "enhanced profitability, lower deposit costs, improved asset quality and stronger reserve coverage, as well as accelerated share repurchase activity." The company repurchased $92.1 million of shares, about 1.15 million shares at an average price of $79.78. Since the program began, it has bought back 2.7 million shares for $212.5 million under a $300 million authorization. Tangible book value per share was $62.22, up 6.3% from $58.56 a year earlier. Total equity was $7.9 billion. The common equity Tier 1 ratio was 10.9%, down from 11.3% a year earlier. In the quarter, the company paid a quarterly common dividend of $0.42 per share. The company revised its 2026 outlook in an earnings presentation filed as Exhibit 99.2. It now expects loans held for investment to grow by $4.0 billion this year, down from its earlier forecast of $5.0 billion. Deposit growth is now expected at $3.5 billion to $4.0 billion, compared with $6.0 billion previously. Deposit costs are now expected at $650 million to $675 million, compared with $650 million to $700 million previously. The company said the deposit range depends on its ongoing optimization strategy and a shift toward commercial banking deposits. The company will host a conference call on its third-quarter results at 12:00 p.m. ET on Tuesday, Oct. 20. The press release was attached as Exhibit 99.1 to the filing.
Western Alliance Bancorporation (NYSE:WAL) reports third-quarter results on Monday afternoon. Analysts expect revenue to grow 7.3% year on year, down from 13.3% in the same quarter last year. Last quarter, the regional bank reported revenue of $986.3 million, up 18.2% and in line with estimates. It missed earnings per share estimates by a wide margin and net interest income estimates slightly. It has missed revenue estimates several times over the past two years. Peers have fared better. Independent Bank grew revenue 7.4%, beating estimates by 0.6%, and Regions Financial grew 2.6%, also topping estimates by 0.6%. Western Alliance shares have fallen 4.8% over the last month and trade at $74.75. The average analyst price target is $90.56.
CVB Financial sets October 22 results: USD 192.80 million forecast for CVB Financial stock. Published on 10/15/2026 at 22:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS Market value reached USD 3.8 billion on October 15, 2026. CVB Financial stock costs EUR 19.45 on October 15, 2026, up 2.25 percent on Nasdaq. Earnings date and market value. * CVB Financial is scheduled to report on October 22, 2026, with analysts forecasting USD 192.80 million in revenue. * Its market capitalization stood at USD 3.8 billion on October 15, 2026. * CVB Financial stock costs EUR 19.45 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST, up 2.25 percent on Nasdaq. * The stock's 52-week range was USD 17.95 to USD 23.41 on October 15, 2026. CVB Financial is scheduled to report third-quarter 2026 results on October 22, 2026, with analysts forecasting USD 192.80 million in revenue and USD 0.41 in earnings per share, according to MarketBeat. At Lang & Schwarz, CVBF was EUR 19.45 on October 15, 2026 at 10:28 p.m. CEST, up 2.25 percent on Nasdaq. Discover more Open Bank Account Check Loan Rates Invest in Stocks USD 192.80 million revenue forecast. The scheduled report gives investors a concrete near-term reference point. MarketBeat listed the revenue estimate at USD 192.80 million and the earnings-per-share estimate at USD 0.41 for the third quarter of 2026. The earnings call is scheduled for October 22, 2026, at 10:30 a.m. ET, according to CVB Financial. Stock position within USD 17.95 to USD 23.41. CVBF's latest USD quote was USD 21.83 at 4:00 p.m. ET on October 15, 2026. That leaves the stock USD 1.58 below its 52-week high of USD 23.41 and USD 3.88 above its 52-week low of USD 17.95. Trading volume reached 1,328,576 shares against an average of 1,309,837 shares. Valuation and October 22 date. CVB Financial had a market capitalization of USD 3.8 billion on October 15, 2026. Its price-to-earnings ratio was 14.36 and its dividend yield was 4.00 percent. The company describes itself as the parent of Citizens Business Bank, with more than USD 20 billion in total assets and over 75 banking centers, according to CVB Financial. Comparison with peers. CVBF (Nasdaq, USD): up 2.25 percent, price-to-earnings ratio 14.36, market capitalization USD 3.8 billion. Western Alliance Bancorporation (NYSE, USD): up 2.95 percent, price-to-earnings ratio 8.35, market capitalization USD 8.1 billion. Cullen/Frost Bankers (NYSE, USD): up 1.68 percent, price-to-earnings ratio 14.57, market capitalization USD 9.6 billion. What the October date puts next. The October 22 release will provide the next direct test of the USD 192.80 million revenue forecast. CVB Financial reported USD 48.26 million in net income for the second quarter ended June 30, 2026, while total assets stood at USD 21.18 billion for that period. Stock and scheduled results. CVB Financial stock was trading at EUR 19.45 at Lang & Schwarz on October 15, 2026 at 10:28 p.m. CEST, up 2.25 percent on Nasdaq. The scheduled October 22 results date and the USD 192.80 million revenue estimate are the next measurable reference points for the stock. Discover more Track Stock Market The further course of trading is shown by the continuously updated real-time quote of CVB Financial stock. CVB Financial stock at a glance. * Company: CVB Financial Corp. * ISIN: US1266001056 * Ticker: CVBF * Primary exchange: Nasdaq * Price Lang & Schwarz (as of October 15, 2026, 10:28 p.m. CEST): EUR 19.45 * Change on Nasdaq: plus 2.25 percent * Market capitalization: USD 3.8 billion (as of October 15, 2026) * 52-week range: USD 17.95-USD 23.41 (as of October 15, 2026) * Sector / Industry: Financial Services / Regional Banks Sponsored Ad CVB stock: new analysis - 23 October. Fresh CVB information released. What's the impact for investors? Our latest independent report examines recent figures and market trends. Disclaimer regarding our articles: This is not investment advice, nor is it a recommendation to buy or sell. Information regarding prices, companies, and markets is provided without guarantee; changes may occur at any time. Stock market transactions can result in significant losses. Our articles are created and reviewed, in whole or in part, automatically with the assistance of AI. en | US1266001056 | CVBF | boerse | 70333439 | bgmi
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Industries
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Phoenix, AZ
Founded
2002
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