Western Alliance Bancorporation (WAL)

[56Chevy]

In Dec. of 2009 , following the near depression and subsequent banking crisis of 08/09, the stock was at a multi-year low of $3.78.

This bank was one of the few that was not under-capitalized during those precarious days. WAMU was in a free fall and so was Lehman Bros...et al. Fear of anything spelled b-a-n-k was rampant the market reaction to anything that looked like a bank took no prisoners and WAL stock was severely punished along with the failing banks.

WAL has bounced back over the last 8 years from that $3.78 low to a high of $51.64.

Can you spell 13.66 Bagger! This bank had a remarkable "recovery" because it was never sick in the first place.

The PPS is at a 12 year high...quite possibly an all time high.

Marker:
Western Alliance Ban (WAL)
$48.73 down -0.06 (-0.12%)
Volume: 173,392