S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
S&P 500   4,088.85
DOW   32,654.59
QQQ   306.17
NYSE:WAL

Western Alliance Bancorporation (WAL) Stock Forecast, Price & News

$77.31
+3.44 (+4.66%)
(As of 05/17/2022 12:00 AM ET)
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Today's Range
$75.69
$77.67
50-Day Range
$73.28
$88.03
52-Week Range
$71.68
$124.93
Volume
486,223 shs
Average Volume
968,531 shs
Market Capitalization
$8.37 billion
P/E Ratio
8.60
Dividend Yield
1.90%
Beta
1.44
30 days | 90 days | 365 days | Advanced Chart
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Western Alliance Bancorporation logo

About Western Alliance Bancorporation

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 in Commercial, Consumer Related, and Corporate & Other 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; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Headlines

Monday 5/2 Insider Buying Report: WAL
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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
CUSIP
95763810
Employees
3,139
Year Founded
2014

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$9.64 per share
Book Value
$44.80 per share

Profitability

Net Income
$899.20 million
Pretax Margin
51.60%

Debt

Price-To-Earnings

Miscellaneous

Free Float
105,239,000
Market Cap
$8.37 billion
Optionable
Optionable

Company Calendar

Ex-Dividend for 3/4 Dividend
2/17/2022
Dividend Payable
3/04/2022
Last Earnings
4/21/2022
Ex-Dividend for 5/27 Dividend
5/12/2022
Today
5/17/2022
Dividend Payable
5/27/2022
Next Earnings (Estimated)
7/21/2022
Fiscal Year End
12/31/2022

Social Links


MarketRank

Overall MarketRank

3.67 out of 5 stars

Finance Sector

6th out of 1,377 stocks

State Commercial Banks Industry

3rd out of 239 stocks

Analyst Opinion: 3.5Community Rank: 4.7Dividend Strength: 2.5Insider Behavior: 3.3Valuation: 4.4 5 -4 -3 -2 -1 -













Western Alliance Bancorporation (NYSE:WAL) Frequently Asked Questions

Is Western Alliance Bancorporation a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Western Alliance Bancorporation stock.
View analyst ratings for Western Alliance Bancorporation
or view top-rated stocks.

When is Western Alliance Bancorporation's next earnings date?

Western Alliance Bancorporation is scheduled to release its next quarterly earnings announcement on Thursday, July 21st 2022.
View our earnings forecast for Western Alliance Bancorporation
.

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) issued its quarterly earnings data on Thursday, April, 21st. The financial services provider reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The financial services provider had revenue of $555.80 million for the quarter, compared to analysts' expectations of $540.09 million. Western Alliance Bancorporation had a net margin of 41.03% and a trailing twelve-month return on equity of 21.77%. The business's quarterly revenue was up 64.9% compared to the same quarter last year. During the same quarter last year, the business earned $1.90 EPS.
View Western Alliance Bancorporation's earnings history
.

How often does Western Alliance Bancorporation pay dividends? What is the dividend yield for Western Alliance Bancorporation?

Western Alliance Bancorporation announced a quarterly dividend on Thursday, April 28th. Investors of record on Friday, May 13th will be paid a dividend of $0.35 per share on Friday, May 27th. This represents a $1.40 annualized dividend and a yield of 1.81%. The ex-dividend date is Thursday, May 12th.
View Western Alliance Bancorporation's dividend history
.

Is Western Alliance Bancorporation a good dividend stock?

Western Alliance Bancorporation pays an annual dividend of $1.40 per share and currently has a dividend yield of 1.90%. Western Alliance Bancorporation does not yet have a strong track record of dividend growth. The dividend payout ratio of Western Alliance Bancorporation is 15.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 11.94% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend.
View Western Alliance Bancorporation's dividend history.

What price target have analysts set for WAL?

7 brokerages have issued 1-year target prices for Western Alliance Bancorporation's stock. Their forecasts range from $105.00 to $150.00. On average, they anticipate Western Alliance Bancorporation's share price to reach $126.86 in the next year. This suggests a possible upside of 64.1% from the stock's current price.
View analysts' price targets for Western Alliance Bancorporation
or view top-rated stocks among Wall Street analysts.

Who are Western Alliance Bancorporation's key executives?
Western Alliance Bancorporation's management team includes the following people:
  • Mr. Robert Gary Sarver C.P.A., Exec. Chairman (Age 61, Pay $2.59M)
  • Mr. Kenneth A. Vecchione, CEO, Pres & Director (Age 68, Pay $3.87M)
  • Mr. Dale M. Gibbons, Vice Chairman, Exec. VP & CFO (Age 62, Pay $2.06M)
  • Mr. Timothy W. Boothe, Chief Operating Officer (Age 56, Pay $992.91k) (LinkedIn Profile)
  • Mr. James Kelly Ardrey Jr., Sr. VP & Chief Accounting Officer (Age 54)
  • Mr. Jeff Semonovich, Chief Information Officer
  • Ms. Jessica Jarvi, Gen. Counsel
  • Ms. Robyn Young, Exec. VP & Chief Marketing Officer
  • Mr. Miles Pondelik, Director of Investor Relations & Corp. Devel.
  • Ms. Barbara J. Kennedy, Chief Human Resource Officer (Age 55)
What is Kenneth A. Vecchione's approval rating as Western Alliance Bancorporation's CEO?

14 employees have rated Western Alliance Bancorporation CEO Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among Western Alliance Bancorporation's employees. This puts Kenneth A. Vecchione in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Western Alliance Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Western Alliance Bancorporation investors own include Walt Disney (DIS), Continental Resources (CLR), Netflix (NFLX), Square (SQ), NVIDIA (NVDA), Tesla (TSLA), Activision Blizzard (ATVI), Zynga (ZNGA), Johnson & Johnson (JNJ) and Trade Desk (TTD).

What is Western Alliance Bancorporation's stock symbol?

Western Alliance Bancorporation trades on the New York Stock Exchange (NYSE) under the ticker symbol "WAL."

Who are Western Alliance Bancorporation's major shareholders?

Western Alliance Bancorporation's stock is owned by many different retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (8.65%), Wellington Management Group LLP (4.59%), BlackRock Inc. (4.12%), State Street Corp (2.64%), William Blair Investment Management LLC (2.56%) and Clearbridge Investments LLC (2.49%). Company insiders that own Western Alliance Bancorporation stock include Bryan K Segedi, Donald D Snyder, Donald D Snyder, J Kelly Jr Ardrey, Kenneth Vecchione, Leonard M Tannenbaum, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Steven J Hilton, Steven J Hilton, Timothy W Boothe and Todd Marshall.
View institutional ownership trends for Western Alliance Bancorporation
.

Which major investors are selling Western Alliance Bancorporation stock?

WAL stock was sold by a variety of institutional investors in the last quarter, including Lord Abbett & CO. LLC, Royal Bank of Canada, Jane Street Group LLC, BlackRock Inc., First Trust Advisors LP, Prudential Financial Inc., Employees Retirement System of Texas, and Rothschild & Co. Asset Management US Inc.. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Randall S Theisen, Robert P Latta, and Timothy W Boothe.
View insider buying and selling activity for Western Alliance Bancorporation
or view top insider-selling stocks.

Which major investors are buying Western Alliance Bancorporation stock?

WAL stock was acquired by a variety of institutional investors in the last quarter, including Ardevora Asset Management LLP, Wellington Management Group LLP, Leeward Investments LLC MA, JPMorgan Chase & Co., Vanguard Group Inc., CI Investments Inc., Davis Capital Partners LLC, and William Blair Investment Management LLC. Company insiders that have bought Western Alliance Bancorporation stock in the last two years include Bryan K Segedi, J Kelly Jr Ardrey, Kenneth Vecchione, Robert Gary Sarver, and Steven J Hilton.
View insider buying and selling activity for Western Alliance Bancorporation
or or view top insider-buying stocks.

How do I buy shares of Western Alliance Bancorporation?

Shares of WAL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Western Alliance Bancorporation's stock price today?

One share of WAL stock can currently be purchased for approximately $77.31.

How much money does Western Alliance Bancorporation make?

Western Alliance Bancorporation has a market capitalization of $8.37 billion and generates $2.06 billion in revenue each year. The financial services provider earns $899.20 million in net income (profit) each year or $8.989990 on an earnings per share basis.

How many employees does Western Alliance Bancorporation have?

Western Alliance Bancorporation employs 3,139 workers across the globe.

When was Western Alliance Bancorporation founded?

Western Alliance Bancorporation was founded in 2014.

What is Western Alliance Bancorporation's official website?

The official website for Western Alliance Bancorporation is www.westernalliancebancorp.com.

How can I contact Western Alliance Bancorporation?

Western Alliance Bancorporation's mailing address is ONE E. WASHINGTON STREET SUITE 1400, PHOENIX AZ, 85004. The financial services provider can be reached via phone at (602) 389-3500, via email at [email protected], or via fax at 479-277-1830.

This page was last updated on 5/18/2022 by MarketBeat.com Staff

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