€55.01
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Western Alliance Bancorporation Stock
Western Alliance Bancorporation (Symbol: WAL) is a prominent American financial holding company, headquartered in Phoenix, Arizona, and a key player in the banking industry. Established in 1995, Western Alliance operates through its multiple subsidiary banks across multiple states, providing an extensive range of banking and financial services to businesses, entrepreneurs, and individuals. Renowned for its credit expertise, the bank specializes in commercial loans, business lines of credit, and other financial services tailored to meet the needs of its client base. Western Alliance has consistently exhibited strong financial performance, displaying impressive growth in recent years, and is recognized for its commitment to delivering shareholder value in the stock market.
Pros and Cons of Western Alliance Bancorporation in the next few years
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Performance of Western Alliance Bancorporation vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Western Alliance Bancorporation | -2.170% | 8.994% | -1.351% | 56.194% | -7.058% | - | - |
| Texas Capital Bancshares | 0.900% | 6.731% | 1.835% | 21.179% | -5.128% | 2.778% | -3.158% |
| Commerce Bancshares Inc. | - | 5.967% | 8.650% | 4.675% | 5.967% | -16.935% | 2.648% |
| UMB Financial Corp | 1.290% | 4.027% | 4.027% | 50.485% | 2.649% | -0.641% | 27.341% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Upon first glance, the financials of Western Alliance (WAL) from the Banking Services industry appear to be strong and progressive, with an increase in its total assets, net income, and total revenue over the years. This creates an overall positive impression of the company's performance, suggesting possible growth and financial stability. The subsequent detailed analysis will delve deeper into the various factors that contribute to this growth and any existing challenges Western Alliance may be facing.
Increasing Total Assets: Western Alliance's total assets have grown significantly from 36,461 million USD in 2020 to 67,734 million USD in 2022, underlining asset growth and indicating a stronger financial position.
Rising Net Income: The net income of WAL shows an upward trend, indicating profitability. The net income rose from 506.6 million USD in 2020 to 899.2 million USD in 2021, and further to 1,057.3 million USD in 2022, displaying considerable growth in earnings.
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