NYSE:WAL - Western Alliance Bancorporation Stock Price, Price Target & More

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$57.33 +0.34 (+0.60 %)
(As of 07/18/2018 06:58 AM ET)
Previous Close$56.99
Today's Range$56.94 - $57.43
52-Week Range$44.83 - $64.06
Volume520,100 shs
Average Volume633,729 shs
Market Capitalization$5.97 billion
P/E Ratio18.49
Dividend YieldN/A
Beta1.63
Western Alliance Bancorporation logoWestern Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as working capital lines of credit, 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. As of December 31, 2017, the company operated 38 branch locations and 8 loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:WAL
CUSIP95763810
Phone602-389-3500

Debt

Debt-to-Equity Ratio0.29
Current Ratio0.91
Quick Ratio0.91

Price-To-Earnings

Trailing P/E Ratio18.49
Forward P/E Ratio14.09
P/E Growth1.07

Sales & Book Value

Annual Sales$890.86 million
Price / Sales6.81
Cash Flow$3.4268 per share
Price / Cash16.73
Book Value$21.14 per share
Price / Book2.71

Profitability

EPS (Most Recent Fiscal Year)$3.10
Net Income$325.49 million
Net Margins37.80%
Return on Equity16.18%
Return on Assets1.77%

Miscellaneous

Employees1,725
Outstanding Shares105,860,000
Market Cap$5,967.33

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Western Alliance Bancorporation (NYSE:WAL) Frequently Asked Questions

What is Western Alliance Bancorporation's stock symbol?

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

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) issued its earnings results on Thursday, April, 19th. The financial services provider reported $0.96 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.93 by $0.03. The financial services provider earned $226.90 million during the quarter, compared to analysts' expectations of $232.59 million. Western Alliance Bancorporation had a net margin of 37.80% and a return on equity of 16.18%. The firm's quarterly revenue was up 19.9% compared to the same quarter last year. During the same period last year, the company posted $0.70 earnings per share. View Western Alliance Bancorporation's Earnings History.

When is Western Alliance Bancorporation's next earnings date?

Western Alliance Bancorporation is scheduled to release their next quarterly earnings announcement on Thursday, July, 19th 2018. View Earnings Estimates for Western Alliance Bancorporation.

What price target have analysts set for WAL?

12 brokerages have issued 12-month target prices for Western Alliance Bancorporation's shares. Their predictions range from $64.00 to $72.00. On average, they expect Western Alliance Bancorporation's stock price to reach $67.9583 in the next year. This suggests a possible upside of 18.5% from the stock's current price. View Analyst Ratings for Western Alliance Bancorporation.

What is the consensus analysts' recommendation for Western Alliance Bancorporation?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last year. There are currently 1 hold rating and 11 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Who are some of Western Alliance Bancorporation's key competitors?

Who are Western Alliance Bancorporation's key executives?

Western Alliance Bancorporation's management team includes the folowing people:
  • Mr. Robert Gary Sarver, Exec. Chairman (Age 57)
  • Mr. Kenneth A. Vecchione, Chief Exec. Officer & Director (Age 64)
  • Mr. Dale M. Gibbons, Vice Chairman & CFO (Age 58)
  • Mr. James Haught, Pres & COO (Age 49)
  • Mr. Daniel P. Myers, Exec. VP of Northern California Admin. (Age 58)

Has Western Alliance Bancorporation been receiving favorable news coverage?

Media headlines about WAL stock have trended somewhat negative recently, Accern reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Western Alliance Bancorporation earned a news sentiment score of -0.02 on Accern's scale. They also assigned media stories about the financial services provider an impact score of 45.24 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Who are Western Alliance Bancorporation's major shareholders?

Western Alliance Bancorporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (0.50%), Mckinley Capital Management LLC Delaware (0.16%), Peavine Capital LLC (0.13%), Sippican Capital Advisors (0.03%), Columbia Partners L L C Investment Management (0.03%) and Campbell & CO Investment Adviser LLC (0.01%). Company insiders that own Western Alliance Bancorporation stock include Bruce D Beach, Cary Mack, Daniel P Myers, Don Garner, Donald D Snyder, Duane Ralph Froeschle, Gerald A Cady, J Kelly Jr Ardrey, James E D V M Nave, James Harwood Lundy III, M Nafees Nagy, Marianne Boyd Johnson, Merrill Wall, Patricia A Taylor, Randall S Theisen, Robert Gary Sarver, Robert P Latta, Robert Reoch Mcauslan, Steven J Hilton, Sung Won Sohn, Todd Marshall and William S Boyd. 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 Mckinley Capital Management LLC Delaware, Columbia Partners L L C Investment Management and Sippican Capital Advisors. Company insiders that have sold Western Alliance Bancorporation company stock in the last year include Donald D Snyder, Gerald A Cady, J Kelly Jr Ardrey, Marianne Boyd Johnson, Randall S Theisen, Robert Gary Sarver, Robert Reoch Mcauslan, Sung Won Sohn and William S Boyd. View Insider Buying and Selling for Western Alliance Bancorporation.

Which major investors are buying Western Alliance Bancorporation stock?

WAL stock was acquired by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Peavine Capital LLC, Campbell & CO Investment Adviser LLC, Harbour Capital Advisors LLC, Atria Investments LLC and State of Alaska Department of Revenue. View Insider Buying and Selling for Western Alliance Bancorporation.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Western Alliance Bancorporation's stock price today?

One share of WAL stock can currently be purchased for approximately $57.33.

How big of a company is Western Alliance Bancorporation?

Western Alliance Bancorporation has a market capitalization of $5.97 billion and generates $890.86 million in revenue each year. The financial services provider earns $325.49 million in net income (profit) each year or $3.10 on an earnings per share basis. Western Alliance Bancorporation employs 1,725 workers across the globe.

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 or via email at [email protected]


MarketBeat Community Rating for Western Alliance Bancorporation (NYSE WAL)

Community Ranking:  2.9 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  238 (Vote Underperform)
Total Votes:  571
MarketBeat's community ratings are surveys of what our community members think about Western Alliance Bancorporation and other stocks. Vote "Outperform" if you believe WAL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WAL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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