Western Alliance Bancorporation (DE) (NYSE:WAL) traded today at a new 52-week high of $82.72. Approximately 385,000 shares have changed hands today, as compared to an average 30-day volume of 748,000 shares.
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.
Based on a current price of $81.83, Western Alliance Bancorporation (DE) is currently 4.3% above its average consensus analyst price target of $78.27.
Over the past year, Western Alliance Bancorporation (DE) has traded in a range of $20.90 to $82.72 and is now at $81.83, 292% above that low.
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