Western Alliance Bancorporation (NYSE:WAL) will announce earnings after the bell. Last quarter, the company beat revenue expectations by 3.5%, reporting revenues of $921.4 million, up 13.1% year on year. Analysts expect revenue to grow 10.3% this quarter to $916.8 million. Peers in the regional banks segment have shown positive results, with ServisFirst Bancshares up 14.6% and Dime Community Bancshares up 12.5%. Investors in the regional banks segment have seen share prices rise 1.9% on average over the last month. Western Alliance Bancorporation’s stock price is unchanged with an average analyst price target of $101.50.

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