Rep. Lisa C. McClain Purchases Shares of Western Alliance Bancorporation (NYSE:WAL)

Key Points

• Representative Lisa C. McClain recently purchased shares of Western Alliance Bancorporation (NYSE:WAL), investing between $1,001 and $15,000 in stock on July 16th.
• Western Alliance Bancorporation stock experienced a 1.6% decline during trading, settling at $82.59, despite reporting earnings that slightly surpassed analysts' expectations.
• The company announced a quarterly dividend of $0.38, with a payout ratio of 19.97%, highlighting its ongoing commitment to shareholder returns.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Western Alliance Bancorporation NYSE: WAL. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Western Alliance Bancorporation stock on July 16th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Western Alliance Bancorporation Trading Down 1.6%

Western Alliance Bancorporation stock traded down $1.35 during midday trading on Friday, reaching $82.59. The stock had a trading volume of 1,102,476 shares, compared to its average volume of 1,113,869. The firm's fifty day simple moving average is $79.40 and its two-hundred day simple moving average is $77.48. Western Alliance Bancorporation has a twelve month low of $57.05 and a twelve month high of $98.10. The company has a debt-to-equity ratio of 0.95, a current ratio of 0.86 and a quick ratio of 0.82. The firm has a market cap of $9.12 billion, a price-to-earnings ratio of 10.85, a PEG ratio of 0.59 and a beta of 1.33.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last posted its quarterly earnings data on Thursday, July 17th. The financial services provider reported $2.07 EPS for the quarter, topping analysts' consensus estimates of $2.04 by $0.03. Western Alliance Bancorporation had a net margin of 16.39% and a return on equity of 12.62%. The firm had revenue of $836.21 million during the quarter, compared to analyst estimates of $838.58 million. During the same quarter last year, the business posted $1.75 EPS. Equities analysts anticipate that Western Alliance Bancorporation will post 9.05 EPS for the current fiscal year.

Western Alliance Bancorporation Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Investors of record on Thursday, August 14th will be paid a $0.38 dividend. The ex-dividend date of this dividend is Thursday, August 14th. This represents a $1.52 dividend on an annualized basis and a yield of 1.8%. Western Alliance Bancorporation's dividend payout ratio (DPR) is currently 19.97%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Royal Bank Of Canada decreased their target price on shares of Western Alliance Bancorporation from $105.00 to $85.00 and set an "outperform" rating for the company in a research note on Wednesday, April 23rd. Truist Financial decreased their target price on shares of Western Alliance Bancorporation from $96.00 to $93.00 and set a "buy" rating for the company in a research note on Monday, July 21st. DA Davidson lifted their target price on shares of Western Alliance Bancorporation from $90.00 to $98.00 and gave the company a "buy" rating in a research note on Monday, July 21st. Wells Fargo & Company decreased their target price on shares of Western Alliance Bancorporation from $90.00 to $85.00 and set an "equal weight" rating for the company in a research note on Monday, July 21st. Finally, Wall Street Zen raised shares of Western Alliance Bancorporation from a "sell" rating to a "hold" rating in a research note on Wednesday, May 21st. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $96.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. HWG Holdings LP bought a new position in shares of Western Alliance Bancorporation during the 1st quarter worth about $25,000. Tsfg LLC bought a new position in shares of Western Alliance Bancorporation during the 1st quarter worth about $33,000. Hantz Financial Services Inc. increased its holdings in shares of Western Alliance Bancorporation by 995.8% during the 2nd quarter. Hantz Financial Services Inc. now owns 526 shares of the financial services provider's stock worth $41,000 after purchasing an additional 478 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Western Alliance Bancorporation by 241.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 713 shares of the financial services provider's stock worth $56,000 after purchasing an additional 504 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S bought a new position in shares of Western Alliance Bancorporation during the 1st quarter worth about $58,000. Institutional investors and hedge funds own 79.15% of the company's stock.

Insider Activity

In related news, insider Tim R. Bruckner sold 2,500 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $83.91, for a total value of $209,775.00. Following the sale, the insider owned 24,759 shares of the company's stock, valued at $2,077,527.69. The trade was a 9.17% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 2.68% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Western Alliance Bancorporation Company Profile

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.

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