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Stock impact report

Western Alliance Fiserv Deal Tests Growth Story And Valuation Gap [Yahoo! Finance]

Western Alliance Bancorporation (DE) (WAL) 
Last western alliance bancorporation (de) earnings: 4/16 04:26 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Western Alliance Bancorporation (NYSE:WAL) has entered into a major agent bank partnership with Fiserv to deliver advanced merchant and commerce technology solutions. This is Fiserv's largest agent bank partnership by asset size and targets Western Alliance's commercial banking clients across multiple payment channels. The collaboration is intended to expand Western Alliance's regional reach and upgrade the tech experience for its business customers. Western Alliance Bancorporation, trading at $67.04, is drawing fresh attention as it links its commercial banking franchise with Fiserv's payments technology. The stock has seen a 30 day return of 29.4% decline and a year to date return of 21.6% decline, while its 3 year return stands at 118.0%. In that context, this move into a broader merchant services offering is an important operational development for NYSE:WAL rather than a market sentiment story alone. For you as an investor, the key question is how effectively Western Alli Show less Read more
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