Western Alliance Crashed Nearly 20% and Tumbled Nearly 45% in 3 Days After the SVB Crisis

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Western Alliance Crashed Nearly 20% and Tumbled Nearly 45% in 3 Days After the SVB Crisis

Tiger Newspress2023-03-13

Western Alliance reported total deposits of $61.5 billion and warned of a moderate decline from these levels by the end of the quarter due to seasonal and monthly activity, but affirmed its full-year deposit growth forecast of 13% to 17%.

It held $2.5 billion cash on its balance sheet while held-to-maturity securities made up less than 2% of assets with unrecognized loss of $192 million as of Feb. 28.

Stocks crashed nearly 20% and tumbled nearly 45% in 3 days.

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JasmineT
·2023-03-13
Ok
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neo26000
·2023-03-13
Black Monday bank sales comes early this year. Go and pick good ones at a discount [Cool]
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Slowdownpok
·2023-03-13
As long as assets > liabilities; should be good buy at this point of time.
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Simonnov
·2023-03-13
Ic
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Andrewinho
·2023-03-13
Run run run!! 😱😱😱
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Go and pick&nbsp; good ones at a discount&nbsp;[Cool]&nbsp;","listText":"Black Monday bank sales comes early this year. Go and pick&nbsp; good ones at a discount&nbsp;[Cool]&nbsp;","text":"Black Monday bank sales comes early this year. Go and pick good ones at a discount [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949250100","repostId":1103195985,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949223975,"gmtCreate":1678700420898,"gmtModify":1678700425108,"author":{"id":"3551139414186896","authorId":"3551139414186896","name":"Slowdownpok","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"As long as assets &gt; liabilities; should be good buy at this point of time.&nbsp;","listText":"As long as assets &gt; liabilities; should be good buy at this point of time.&nbsp;","text":"As long as assets > liabilities; should be good buy at this point of time.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949223975","repostId":1103195985,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949229038,"gmtCreate":1678699887325,"gmtModify":1678699891587,"author":{"id":"4097750438225520","authorId":"4097750438225520","name":"Simonnov","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ic","listText":"Ic","text":"Ic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949229038","repostId":1103195985,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9949264383,"gmtCreate":1678697670742,"gmtModify":1678697674858,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Run run run!! 😱😱😱","listText":"Run run run!! 😱😱😱","text":"Run run run!! 😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949264383","repostId":1103195985,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":72,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}