Western Alliance stock falls more than 5%; bank seeks to ‘return to normal’ after banking crisis
July 18, 2023 at 17:21 PM EDT
Shares of Western Alliance Bancorp. dropped more than 5% in the extended session Tuesday after the Phoenix-based bank narrowly missed profit expectations but assured investors it took steps to bolster its liquidity after it weathered the crisis unleashed by the collapse of Silicon Valley Bank.
