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

Company Overview

Western Alliance Bancorporation (NYSE: WAL) is a diversified bank holding company that offers a broad range of commercial banking, retail banking and consumer finance products. Founded in 1994 and headquartered in Phoenix, Arizona, the company operates through its principal subsidiary, Western Alliance Bank, serving businesses, professionals and entrepreneurs with tailored financial solutions. Over time, Western Alliance has grown through strategic acquisitions, extending its service offerings and market footprint across the United States.

The company’s core business activities include commercial lending, treasury management, deposit services and private banking. Western Alliance specializes in financing for real estate investors, middle-market companies and technology firms, and also provides equipment financing and asset-based lending. Through its private banking division, the bank delivers wealth management, trust and fiduciary services to high-net-worth individuals and families.

Western Alliance Bancorporation maintains a strong presence in key Western U.S. markets such as Arizona, California, Nevada, New Mexico and Texas, while also serving clients nationally through its digital banking platform. The bank’s regional focus enables it to develop deep local market expertise and foster long-term relationships with community businesses. It leverages technology to streamline processes, enhance customer experience and support the evolving needs of its client base.

The company is led by President and Chief Executive Officer Kenneth D. Vecchione, who has overseen significant growth and innovation since assuming leadership in 2017. Under his direction, Western Alliance has emphasized credit quality, operational efficiency and disciplined risk management. Governance is guided by a board of directors with extensive experience in banking, finance and community development, positioning the firm for continued expansion in an increasingly competitive banking landscape.

Key Stats

• Today's Range: $84.07 to $85.24
• 50-Day Range: $70.86 to $85.16
• 52-Week Range: $57.05 to $98.10
• Volume: 679,157 shs
• Average Volume: 1.21 million shs
• Market Capitalization: $9.40 billion
• P/E Ratio: 11.69
• Dividend Yield: 1.78%
• Price Target: $97.50
• Consensus Rating: Moderate Buy

Western Alliance Bancorporation Stock Analysis - MarketRank™

Western Alliance Bancorporation scored higher than 100% of companies evaluated by MarketBeat, and ranked 2nd out of 935 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Western Alliance Bancorporation has received a consensus rating of Moderate Buy. The company's average rating score is 2.93, and is based on 13 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Western Alliance Bancorporation has been the subject of 9 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 4.4 / 5
• Proj. Earnings Growth: 15.36%

Earnings Growth

Earnings for Western Alliance Bancorporation are expected to grow by 15.36% in the coming year, from $9.05 to $10.44 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Western Alliance Bancorporation is 11.69, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 26.26.

Price to Earnings Ratio vs. Sector

The P/E ratio of Western Alliance Bancorporation is 11.69, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.28.

Price to Earnings Growth Ratio

Western Alliance Bancorporation has a PEG Ratio of 0.64. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Western Alliance Bancorporation has a P/B Ratio of 1.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.82% of the float of Western Alliance Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

Western Alliance Bancorporation has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Western Alliance Bancorporation has recently decreased by 98.71%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Western Alliance Bancorporation pays a meaningful dividend of 1.79%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Western Alliance Bancorporation has been increasing its dividend for 5 years.

Dividend Coverage

The dividend payout ratio of Western Alliance Bancorporation is 20.85%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Western Alliance Bancorporation will have a dividend payout ratio of 14.56% next year. This indicates that Western Alliance Bancorporation will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.4 / 5
• Environmental Score: -0.38

Percentage of Shares Shorted

3.82% of the float of Western Alliance Bancorporation has been sold short.

Short Interest Ratio / Days to Cover

Western Alliance Bancorporation has a short interest ratio ("days to cover") of 0.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Western Alliance Bancorporation has recently decreased by 98.71%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.2 / 5
• News Sentiment: 0.83

News Sentiment

Western Alliance Bancorporation has a news sentiment score of 0.83. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.95 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 18 news articles for Western Alliance Bancorporation this week, compared to 9 articles on an average week.

Search Interest

4 people have searched for WAL on MarketBeat in the last 30 days.

MarketBeat Follows

4 people have added Western Alliance Bancorporation to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Western Alliance Bancorporation insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 2.68% of the stock of Western Alliance Bancorporation is held by insiders.

Percentage Held by Institutions

79.15% of the stock of Western Alliance Bancorporation is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WAL Stock Analysis - Frequently Asked Questions

How have WAL shares performed this year?

Western Alliance Bancorporation's stock was trading at $83.54 on January 1st, 2025. Since then, WAL stock has increased by 2.0% and is now trading at $85.1840.

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) released its earnings results on Monday, April, 21st. The financial services provider reported $1.79 earnings per share for the quarter, topping the consensus estimate of $1.78 by $0.01. The financial services provider had revenue of $790.10 million for the quarter, compared to the consensus estimate of $792.25 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 12.57% and a net margin of 15.80%.
Read the conference call transcript.

Does Western Alliance Bancorporation have any subsidiaries?

Western Alliance Bancorporation subsidiaries include Digital Disbursements, AmeriHome Mortgage Company, Bridge Bank, AmeriHome Mortgage Company LLC, BankWest Nevada Capital Trust II, Bridge Capital Holdings Trust I, Bridge Capital Holdings Trust II, and others.

Who are Western Alliance Bancorporation's major shareholders?

Top institutional shareholders of Western Alliance Bancorporation include Kingstone Capital Partners Texas LLC (0.24%), Oliver Luxxe Assets LLC (0.05%), Livforsakringsbolaget Skandia Omsesidigt (0.03%) and Exchange Traded Concepts LLC (0.01%). Insiders that own company stock include Donald D Snyder, Stephen Russell Curley, Tim R Bruckner, Barbara Kennedy, Robert P Latta, J Kelly Jr Ardrey and Marianne Boyd Johnson.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Western Alliance Bancorporation own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Western Alliance Bancorporation investors own include Humana (HUM), American Water Works (AWK), Waste Connections (WCN), Voyager Therapeutics (VYGR), The RMR Group (RMR), DiamondRock Hospitality (DRH) and AU Optronics (AUOTY).

Company Calendar

• Last Earnings: 4/21/2025
• Record date for 5/30 Dividend: 5/15/2025
• Ex-Dividend for 5/30 Dividend: 5/15/2025
• Dividend Payable: 5/30/2025
• Today: 7/14/2025
• Next Earnings (Estimated): 7/17/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: BANKS - WEST
• Sub-Industry: Regional Banks
• Current Symbol: NYSE:WAL
• CIK: 1212545
• Web: www.westernalliancebancorp.com
• Phone: (602) 389-3500
• Fax: 479-277-1830
• Employees: 3,524
• Year Founded: 1994

Price Target and Rating

• Average Price Target for Western Alliance Bancorporation: $97.50
• High Price Target: $116.00
• Low Price Target: $85.00
• Potential Upside/Downside: +14.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.93
• Research Coverage: 14 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.29
• Trailing P/E Ratio: 11.69
• Forward P/E Ratio: 9.41
• P/E Growth: 0.64
• Net Income: $787.70 million
• Net Margins: 15.80%
• Pretax Margin: 19.64%
• Return on Equity: 12.57%
• Return on Assets: 1.00%

Debt

• Debt-to-Equity Ratio: 0.73
• Current Ratio: 0.88
• Quick Ratio: 0.83

Sales & Book Value

• Annual Sales: $3.21 billion
• Price / Sales: 2.93
• Cash Flow: $6.43 per share
• Price / Cash Flow: 13.25
• Book Value: $58.25 per share
• Price / Book: 1.46

Miscellaneous

• Outstanding Shares: 110,404,000
• Free Float: 107,368,000
• Market Cap: $9.40 billion
• Optionable: Optionable
• Beta: 1.29