Spencer Platt/Getty Images
- Shares of Western Alliance Bancorp fell as much as 17% on Wednesday.
- The lender did not disclose a dollar amount for total deposits, a crucial metric for investors following the SVB crash.
- Western Alliance is down 62% in the past month amid turmoil in the banking sector.
Shares of Western Alliance Bancorp declined as much as 17% on Wednesday after the bank did not disclose more information regarding deposit balances in a financial update.
The stock was trading at $27.76 as of 12:40 p.m. ET on Wednesday, down 17% from Tuesday's close of $33.52.