Western Alliance Bancorporation (WAL) Projected to Post Quarterly Earnings on Monday

Key Points

• Western Alliance Bancorporation is expected to report Q3 2026 results after Monday’s market close. Analysts project earnings of $2.42 per share on $987.91 million in revenue; the earnings call is scheduled for October 20.
• The bank’s previous quarter showed solid performance, with EPS matching estimates at $2.36 and revenue exceeding expectations at $995.70 million, up 17.7% year over year.
• Analysts remain moderately bullish, with 12 Buy ratings and four Holds and a consensus price target of $92.18. The company also pays a $0.42 quarterly dividend, yielding approximately 2.3%.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) is expected to be announcing its Q3 2026 results after the market closes on Monday, October 19th. Analysts expect the company to announce earnings of $2.42 per share and revenue of $987.91 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q3 2026 earnings results page for the latest details on the call scheduled for Tuesday, October 20, 2026 at 12:00 PM ET.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The financial services provider reported $2.36 earnings per share for the quarter, meeting analysts' consensus estimates of $2.36. The firm had revenue of $995.70 million for the quarter, compared to analysts' expectations of $980.53 million. Western Alliance Bancorporation had a return on equity of 13.40% and a net margin of 17.20%. The business's quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the firm earned $2.07 EPS. On average, analysts expect Western Alliance Bancorporation to post $9.06 EPS for the current fiscal year and $11.07 EPS for the next fiscal year.

Western Alliance Bancorporation Stock Performance

WAL opened at $74.29 on Monday. The company has a 50 day simple moving average of $79.00 and a two-hundred day simple moving average of $78.94. The company has a debt-to-equity ratio of 0.93, a current ratio of 0.86 and a quick ratio of 0.81. The firm has a market cap of $8.11 billion, a P/E ratio of 8.37, a PEG ratio of 0.76 and a beta of 1.42. Western Alliance Bancorporation has a 1-year low of $65.82 and a 1-year high of $97.23.

Western Alliance Bancorporation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were paid a dividend of $0.42 per share. The ex-dividend date was Thursday, August 13th. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.3%. Western Alliance Bancorporation's payout ratio is 18.92%.

Analyst Ratings Changes

Several research analysts recently weighed in on WAL shares. Weiss Ratings raised shares of Western Alliance Bancorporation from a "hold (c+)" rating to a "buy (b-)" rating in a report on Thursday. Royal Bank Of Canada cut their price target on Western Alliance Bancorporation from $95.00 to $93.00 and set an "outperform" rating for the company in a research note on Friday. Barclays raised their price target on Western Alliance Bancorporation from $88.00 to $93.00 and gave the company an "overweight" rating in a report on Monday, October 5th. Stifel Nicolaus set a $95.00 price objective on Western Alliance Bancorporation in a research report on Thursday, July 23rd. Finally, Wells Fargo & Company lowered their price objective on Western Alliance Bancorporation from $90.00 to $84.00 and set an "equal weight" rating on the stock in a research report on Tuesday, September 29th. Twelve analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Western Alliance Bancorporation has an average rating of "Moderate Buy" and a consensus price target of $92.18.

Western Alliance Bancorporation Company Profile

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Its principal subsidiary, Western Alliance Bank, provides commercial and consumer banking services to businesses, institutions, entrepreneurs and individuals.

The company offers a range of financial products and services, including commercial and industrial loans, commercial real estate lending, residential mortgage warehouse financing, deposit accounts, treasury management, digital banking, payment services and personal banking products.

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