WAL Western Alliance BancorpWatchlist
About Western Alliance Bancorp Company
Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.
Citigroup Initiates Coverage of 19 Regional Banks
Citigroup Initiates Coverage On Western Alliance With Buy Rating, Announces Price Target of $61
Citigroup analyst Ben Gerlinger initiates coverage on Western Alliance with a Buy rating and announces Price Target of $61.
Western Alliance Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/01/2023 18.91% Citigroup → $61 Initiates Coverage On → Buy 10/23/2023 15.01% Piper Sandler $60 → $59 Ma