Western Alliance Bancorporation (WAL) Expected to Announce Earnings on Thursday

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Thursday, July 17th. Analysts expect the company to announce earnings of $2.04 per share and revenue of $838.58 million for the quarter.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last posted its earnings results on Monday, April 21st. The financial services provider reported $1.79 earnings per share for the quarter, topping analysts' consensus estimates of $1.78 by $0.01. The business had revenue of $790.10 million for the quarter, compared to analyst estimates of $792.25 million. Western Alliance Bancorporation had a return on equity of 12.57% and a net margin of 15.80%. During the same period in the previous year, the firm earned $1.72 EPS. On average, analysts expect Western Alliance Bancorporation to post $9 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Western Alliance Bancorporation Stock Performance

Shares of WAL stock traded down $0.73 during trading on Friday, reaching $84.38. 611,506 shares of the company's stock were exchanged, compared to its average volume of 1,216,996. The company has a quick ratio of 0.83, a current ratio of 0.88 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $9.32 billion, a PE ratio of 11.57, a PEG ratio of 0.63 and a beta of 1.29. Western Alliance Bancorporation has a twelve month low of $57.05 and a twelve month high of $98.10. The firm's fifty day moving average price is $76.08 and its 200-day moving average price is $78.27.

Western Alliance Bancorporation Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 30th. Investors of record on Thursday, May 15th were issued a dividend of $0.38 per share. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.80%. The ex-dividend date of this dividend was Thursday, May 15th. Western Alliance Bancorporation's payout ratio is presently 20.85%.

Institutional Trading of Western Alliance Bancorporation

Several large investors have recently modified their holdings of WAL. Jones Financial Companies Lllp grew its holdings in shares of Western Alliance Bancorporation by 513.5% during the 1st quarter. Jones Financial Companies Lllp now owns 1,730 shares of the financial services provider's stock worth $133,000 after purchasing an additional 1,448 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Western Alliance Bancorporation by 71.2% during the 1st quarter. NewEdge Advisors LLC now owns 7,815 shares of the financial services provider's stock worth $600,000 after buying an additional 3,249 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Western Alliance Bancorporation by 24.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 111,883 shares of the financial services provider's stock worth $8,596,000 after buying an additional 21,642 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Western Alliance Bancorporation by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 347,529 shares of the financial services provider's stock worth $26,701,000 after buying an additional 35,276 shares during the last quarter. 79.15% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms recently weighed in on WAL. Jefferies Financial Group began coverage on Western Alliance Bancorporation in a report on Wednesday, May 21st. They set a "buy" rating and a $95.00 target price on the stock. Citigroup upped their price objective on Western Alliance Bancorporation from $91.00 to $95.00 and gave the company a "buy" rating in a report on Wednesday, July 2nd. Barclays upped their price objective on Western Alliance Bancorporation from $97.00 to $100.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Royal Bank Of Canada decreased their price objective on Western Alliance Bancorporation from $105.00 to $85.00 and set an "outperform" rating on the stock in a report on Wednesday, April 23rd. Finally, Stephens reaffirmed an "overweight" rating and issued a $92.00 price objective on shares of Western Alliance Bancorporation in a report on Tuesday, April 22nd. Two equities research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average target price of $97.50.

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.