Opinions Jim Cramer - Mad Money
Western Alliance BancorporationWALBUYJul 24, 2023
Jim Cramer - Mad MoneyStock price when the opinion was issued
As of May 29, 2026. Market Open.
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Premium contentWith more than $30 billion in assets, Western Alliance Bancorporation is one of the country's top-performing banking companies. The company has ranked in the top 10 on the Forbes 'Best Banks in America' list for five consecutive years, 2016-2020, and was named #1 best-performing of the 50 largest public U.S. banks for 2019 by S&P Global Market Intelligence. Its primary subsidiary, Western Alliance Bank, Member FDIC, helps business clients realize their ambitions with local teams of experienced bankers who deliver superior service and a full spectrum of customized loan, deposit and treasury management capabilities. Business clients also benefit from a powerful array of specialized financial services that provide strong expertise and tailored solutions for a wide variety of industries and sectors. A national presence with a regional footprint, Western Alliance Bank operates individually branded, full-service banking divisions and has offices in key markets nationwide. Social media mentions are up 9% in the past 24h.
Regional banks are bouncing back strongly after the spring meltdown. This rallied 24% after last week's earnings report, instead of failing outright like so many on Wall Street predicted. They reported 7.3% deposit growth, not outflow.