Western Alliance Bancorporation (WAL) to Release Earnings on Tuesday

Key Points

• Western Alliance Bancorporation will release Q1 2026 results after the close on Tuesday, April 21, with a conference call Wednesday April 22 at 12:00 PM ET; analysts expect $1.94 EPS and about $944.2 million in revenue.
• The bank beat estimates in the prior quarter (EPS $2.59 vs. $2.40), reported 17% YoY revenue growth, pays a $0.42 quarterly dividend (2.2% yield), and holds a consensus "Moderate Buy" rating with a $93.27 target price.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) is expected to be releasing its Q1 2026 results after the market closes on Tuesday, April 21st. Analysts expect Western Alliance Bancorporation to post earnings of $1.94 per share and revenue of $944.1840 million for the quarter. Interested persons are encouraged to explore the company's upcoming Q1 2026 earning overview page for the latest details on the call scheduled for Wednesday, April 22, 2026 at 12:00 PM ET.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.40 by $0.19. Western Alliance Bancorporation had a net margin of 18.04% and a return on equity of 13.33%. The company had revenue of $890.80 million for the quarter, compared to the consensus estimate of $912.69 million. During the same period last year, the firm posted $1.95 EPS. Western Alliance Bancorporation's revenue for the quarter was up 17.0% on a year-over-year basis. 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 Trading Up 1.0%

Shares of Western Alliance Bancorporation stock opened at $77.01 on Tuesday. Western Alliance Bancorporation has a 1 year low of $62.38 and a 1 year high of $97.23. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.80 and a current ratio of 0.85. The company has a market capitalization of $8.46 billion, a P/E ratio of 8.82, a PEG ratio of 0.68 and a beta of 1.37. The company's fifty day moving average is $79.65 and its two-hundred day moving average is $81.98.

Western Alliance Bancorporation Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 6th. Shareholders of record on Friday, February 20th were given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Friday, February 20th. Western Alliance Bancorporation's dividend payout ratio (DPR) is presently 19.24%.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on WAL. DA Davidson lowered their price objective on shares of Western Alliance Bancorporation from $105.00 to $93.00 and set a "buy" rating on the stock in a research report on Tuesday, March 10th. National Alliance Securities reaffirmed a "buy" rating on shares of Western Alliance Bancorporation in a report on Friday, March 6th. Piper Sandler lowered their target price on shares of Western Alliance Bancorporation from $108.00 to $94.00 and set an "overweight" rating on the stock in a report on Thursday, April 2nd. TD Cowen downgraded shares of Western Alliance Bancorporation from a "buy" rating to a "hold" rating and set a $83.00 target price on the stock. in a report on Monday, March 9th. Finally, Jefferies Financial Group reaffirmed an "overweight" rating and issued a $105.00 target price on shares of Western Alliance Bancorporation in a report on Friday, March 6th. Ten analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $93.27.

Institutional Trading of Western Alliance Bancorporation

A number of institutional investors have recently added to or reduced their stakes in the stock. Quadrant Capital Group LLC boosted its holdings in Western Alliance Bancorporation by 1.9% during the fourth quarter. Quadrant Capital Group LLC now owns 6,008 shares of the financial services provider's stock worth $505,000 after buying an additional 113 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in Western Alliance Bancorporation by 2.4% during the fourth quarter. Arkadios Wealth Advisors now owns 8,134 shares of the financial services provider's stock worth $684,000 after buying an additional 187 shares in the last quarter. Compound Planning Inc. boosted its holdings in Western Alliance Bancorporation by 5.8% during the fourth quarter. Compound Planning Inc. now owns 3,536 shares of the financial services provider's stock worth $297,000 after buying an additional 193 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in Western Alliance Bancorporation by 0.6% during the third quarter. Public Employees Retirement System of Ohio now owns 33,703 shares of the financial services provider's stock worth $2,923,000 after buying an additional 209 shares in the last quarter. Finally, National Bank of Canada FI boosted its holdings in Western Alliance Bancorporation by 43.5% during the third quarter. National Bank of Canada FI now owns 818 shares of the financial services provider's stock worth $71,000 after buying an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 79.15% of the company's stock.

Western Alliance Bancorporation Company Profile

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company's core offerings include deposit products, treasury management and a variety of lending services.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.