Western Alliance Bancorporation traded at $77.75 this Wednesday June 3rd, decreasing $2.45 or 3.05 percent since the previous trading session. Looking back, over the last four weeks, Western Alliance Bancorporation lost 2.63 percent. Over the last 12 months, its price rose by 7.94 percent. Looking ahead, we forecast Western Alliance Bancorporation to be priced at 78.06 by the end of this quarter and at 73.50 in one year, according to Trading Economics global macro models projections and analysts expectations.
Western Alliance Bancorporation is a bank holding company. The Company provides a range of deposit, lending, treasury management, international banking and online banking products and services through its banking subsidiary, Western Alliance Bank (WAB or the Bank). The Company's regional segments include Arizona, Nevada, Southern California and Northern California, which provide banking and related services to their respective markets. The operations from the regional segments correspond to the banking divisions, which include Alliance Bank of Arizona (ABA) in Arizona, Bank of Nevada (BON) and First Independent Bank (FIB) in Nevada, Torrey Pines Bank (TPB) in Southern California, and Bridge Bank in Northern California. The Company's specialized financial services include Alliance Association Bank, Corporate Finance, Mortgage Warehouse Lending, Equity Fund Resources, Hotel Franchise Finance (HFF), Public & Nonprofit Finance, Renewable Resource Group and Resort Finance.