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S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
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Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
S&P 500   4,080.11
DOW   34,589.77
QQQ   293.36
The AP Interview: IMF head urges China to end mass lockdowns
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Santa Claus Rally? Here’s What Needs to Happen
3 Dividend Growers With Good 2023 Growth Prospects
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Build Your Quality of Life by Investing in Your Lifestyle
Cosmos Holdings May be a Long-Term Buy with Short-Term Risk
Market Wizard who made $95 million for his clients in 2008 – and predicted the 2022 collapse (Ad)
Dark Clouds Are Gathering For Cloud Stocks 
Hormel: Is This The Time To Buy?
NYSE:WAL

Western Alliance Bancorporation - WAL Stock Forecast, Price & News

$68.54
+1.73 (+2.59%)
(As of 11/30/2022 12:00 AM ET)
Add
Compare
Today's Range
$64.73
$68.60
50-Day Range
$59.02
$76.64
52-Week Range
$54.86
$124.93
Volume
1.02 million shs
Average Volume
825,952 shs
Market Capitalization
$7.46 billion
P/E Ratio
7.33
Dividend Yield
2.16%
Price Target
$89.71

Western Alliance Bancorporation MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
30.9% Upside
$89.71 Price Target
Short Interest
Healthy
1.37% of Shares Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
-0.38
Upright™ Environmental Score
News Sentiment
N/A
Insider Trading
Selling Shares
$352,620 Sold Last Quarter
Proj. Earnings Growth
11.99%
From $9.76 to $10.93 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.86 out of 5 stars

Finance Sector

128th out of 907 stocks

State Commercial Banks Industry

33rd out of 191 stocks

WAL stock logo

About Western Alliance Bancorporation (NYSE:WAL) Stock

Western Alliance Bancorp is a bank holding company, which engages in the provision of deposit, lending, treasury management, international banking, and online banking products and services. It operates through the following business segments: Commercial, Consumer Related, and Corporate and Other. The Commercial segment focuses on delivering commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. The Consumer Related segment provides commercial banking services to enterprises in consumer-related sectors and consumer banking services. The Corporate and Other segment represents the company's investment portfolio, corporate borrowings and other related items, income and expense items. The company was founded in 1995 and is headquartered in Phoenix, AZ.

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WAL Company Calendar

Last Earnings
10/21/2022
Ex-Dividend for 12/2 Dividend
11/17/2022
Today
11/30/2022
Dividend Payable
12/02/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
1/26/2023

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$89.71
High Stock Price Forecast
$105.00
Low Stock Price Forecast
$70.00
Forecasted Upside/Downside
+30.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
4 Analysts

Profitability

Net Income
$899.20 million
Pretax Margin
47.42%

Debt

Sales & Book Value

Annual Sales
$2.06 billion
Cash Flow
$9.79 per share
Book Value
$43.39 per share

Miscellaneous

Free Float
106,113,000
Market Cap
$7.46 billion
Optionable
Optionable
Beta
1.36

Social Links


Key Executives

  • Kenneth A. VecchioneKenneth A. Vecchione
    President, Chief Executive Officer & Director
  • Timothy W. BootheTimothy W. Boothe
    Chief Operating Officer
  • Dale M. GibbonsDale M. Gibbons
    Vice Chairman & Chief Financial Officer
  • Jeffrey Semonovich
    Chief Information Officer & Executive VP
  • Randall S. TheisenRandall S. Theisen
    Secretary, Chief Legal Officer & Executive VP













WAL Stock - Frequently Asked Questions

Should I buy or sell Western Alliance Bancorporation stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Western Alliance Bancorporation in the last twelve months. There are currently 2 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" WAL shares.
View WAL analyst ratings
or view top-rated stocks.

What is Western Alliance Bancorporation's stock price forecast for 2023?

4 Wall Street analysts have issued 1-year price objectives for Western Alliance Bancorporation's shares. Their WAL share price forecasts range from $70.00 to $105.00. On average, they predict the company's stock price to reach $89.71 in the next year. This suggests a possible upside of 30.9% from the stock's current price.
View analysts price targets for WAL
or view top-rated stocks among Wall Street analysts.

How have WAL shares performed in 2022?

Western Alliance Bancorporation's stock was trading at $107.65 at the start of the year. Since then, WAL stock has decreased by 36.3% and is now trading at $68.54.
View the best growth stocks for 2022 here
.

Are investors shorting Western Alliance Bancorporation?

Western Alliance Bancorporation saw a drop in short interest during the month of October. As of October 31st, there was short interest totaling 1,490,000 shares, a drop of 19.9% from the October 15th total of 1,860,000 shares. Based on an average trading volume of 787,100 shares, the short-interest ratio is presently 1.9 days.
View Western Alliance Bancorporation's Short Interest
.

When is Western Alliance Bancorporation's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, January 26th 2023.
View our WAL earnings forecast
.

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) announced its quarterly earnings data on Friday, October, 21st. The financial services provider reported $2.42 earnings per share for the quarter, missing analysts' consensus estimates of $2.61 by $0.19. The financial services provider earned $663.90 million during the quarter, compared to the consensus estimate of $687.13 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 21.50% and a net margin of 37.86%. The business's revenue was up 21.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.30 earnings per share.

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 Wednesday, October 26th. Investors of record on Friday, November 18th will be paid a dividend of $0.36 per share on Friday, December 2nd. This represents a $1.44 annualized dividend and a yield of 2.10%. The ex-dividend date is Thursday, November 17th.
Read our dividend analysis for WAL
.

Is Western Alliance Bancorporation a good dividend stock?

Western Alliance Bancorporation (NYSE:WAL) pays an annual dividend of $1.44 per share and currently has a dividend yield of 2.16%. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 15.40%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, WAL will have a dividend payout ratio of 13.17% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for WAL.

What is Kenneth A. Vecchione's approval rating as Western Alliance Bancorporation's CEO?

14 employees have rated Western Alliance Bancorporation Chief Executive Officer Kenneth A. Vecchione on Glassdoor.com. Kenneth A. Vecchione has an approval rating of 60% among the company'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), Block (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 institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (9.09%), Price T Rowe Associates Inc. MD (8.11%), BlackRock Inc. (4.14%), State Street Corp (2.62%), Macquarie Group Ltd. (2.38%) and Thrivent Financial for Lutherans (2.35%). Insiders that own company stock include Bryan K Segedi, Dale Gibbons, Donald D Snyder, Donald D Snyder, J Kelly Jr Ardrey, James E D V M Nave, Kenneth Vecchione, Leonard M Tannenbaum, Marianne Boyd Johnson, 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
.

How do I buy shares of Western Alliance Bancorporation?

Shares of WAL stock 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 $68.54.

How much money does Western Alliance Bancorporation make?

Western Alliance Bancorporation (NYSE:WAL) has a market capitalization of $7.46 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 $9.35 on an earnings per share basis.

How many employees does Western Alliance Bancorporation have?

The company employs 3,139 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 official website for the company is www.westernalliancebancorp.com. The financial services provider can be reached via phone at (602) 389-3500, via email at dgibbons@westernalliancebancorp.com, or via fax at 479-277-1830.

This page (NYSE:WAL) was last updated on 12/1/2022 by MarketBeat.com Staff