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

Company Overview

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 through Commercial and Consumer Related 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; demand deposits; and treasury management and residential mortgage products and services. It also provides 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, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, the company 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. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Key Stats

• Today's Range: $82.50 to $84.38
• 50-Day Range: $70.86 to $85.18
• 52-Week Range: $57.05 to $98.10
• Volume: 1.10 million shs
• Average Volume: 1.14 million shs
• Market Capitalization: $9.12 billion
• P/E Ratio: 10.85
• Dividend Yield: 1.84%
• Price Target: $96.62
• Consensus Rating: Moderate Buy

Western Alliance Bancorporation Stock Analysis - MarketRank™

Western Alliance Bancorporation scored higher than 99% of companies evaluated by MarketBeat, and ranked 16th out of 943 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 2.92, and is based on 12 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Western Alliance Bancorporation has been the subject of 8 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 10.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.67.

Price to Earnings Ratio vs. Sector

The P/E ratio of Western Alliance Bancorporation is 10.85, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 19.62.

Price to Earnings Growth Ratio

Western Alliance Bancorporation has a PEG Ratio of 0.58. 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 1.28. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

4.59% 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 5.3.

Change versus previous month

Short interest in Western Alliance Bancorporation has recently increased by 11.04%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 3.3 / 5
• Dividend Strength: Strong

Dividend Yield

Western Alliance Bancorporation pays a meaningful dividend of 1.81%, 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 19.97%. 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

4.59% 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 5.3.

Change versus previous month

Short interest in Western Alliance Bancorporation has recently increased by 11.04%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 1.58

News Sentiment

Western Alliance Bancorporation has a news sentiment score of 1.58. 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 higher news sentiment than the 0.87 average news sentiment score of Finance companies.

News Coverage This Week

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

Search Interest

Only 4 people have searched for WAL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Western Alliance Bancorporation to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Western Alliance Bancorporation insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $209,775.00 in 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 at the beginning of the year. Since then, WAL shares have decreased by 1.1% and is now trading at $82.59.

How were Western Alliance Bancorporation's earnings last quarter?

Western Alliance Bancorporation (NYSE:WAL) issued its quarterly earnings results on Thursday, July, 17th. The financial services provider reported $2.07 EPS for the quarter, beating the consensus estimate of $2.04 by $0.03. The financial services provider had revenue of $836.21 million for the quarter, compared to the consensus estimate of $838.58 million. Western Alliance Bancorporation had a trailing twelve-month return on equity of 12.62% and a net margin of 16.39%.
Read the conference call transcript.

Does Western Alliance Bancorporation have any subsidiaries?

The following companies are subsidiaries of Western Alliance Bancorporation: 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?

Western Alliance Bancorporation's top institutional shareholders include Invesco Ltd. (5.27%), State Street Corp (4.18%), William Blair Investment Management LLC (2.10%) and Geode Capital Management LLC (1.84%). 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

• Record date for 5/30 Dividend: 5/15/2025
• Ex-Dividend for 5/30 Dividend: 5/15/2025
• Dividend Payable: 5/30/2025
• Last Earnings: 7/17/2025
• Record date for 8/29 Dividend: 8/14/2025
• Ex-Dividend for 8/29 Dividend: 8/14/2025
• Today: 8/15/2025
• Dividend Payable: 8/29/2025
• Next Earnings (Estimated): 10/16/2025
• 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: $96.62
• High Price Target: $115.00
• Low Price Target: $85.00
• Potential Upside/Downside: +17.0%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.92
• Research Coverage: 13 Analysts

Profitability

• EPS (Trailing Twelve Months): $7.61
• Trailing P/E Ratio: 10.85
• Forward P/E Ratio: 9.13
• P/E Growth: 0.58
• Net Income: $787.70 million
• Net Margins: 16.39%
• Pretax Margin: 20.32%
• Return on Equity: 12.62%
• Return on Assets: 1.02%

Debt

• Debt-to-Equity Ratio: 0.95
• Current Ratio: 0.86
• Quick Ratio: 0.82

Sales & Book Value

• Annual Sales: $5.08 billion
• Price / Sales: 1.79
• Cash Flow: $6.28 per share
• Price / Cash Flow: 13.16
• Book Value: $64.44 per share
• Price / Book: 1.28

Miscellaneous

• Outstanding Shares: 110,370,000
• Free Float: 107,411,000
• Market Cap: $9.12 billion
• Optionable: Optionable
• Beta: 1.33