Western Alliance Bancorporation (WAL)
NYSE:WAL
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WAL Stock Chart & Stats
$79.39
-$0.75(-0.92%)
At close: 4:00 PM EST
$79.39
-$0.75(-0.92%)
Day’s Range― - ―
52-Week Range$65.82 - $97.23
Previous CloseN/A
Volume239.58K
Average Volume (3M)1.12M
Market Cap
$8.76B
Enterprise Value$14.96B
Total Cash (Recent Filing)$19.28B
Total Debt (Recent Filing)$6.84B
Price to Earnings (P/E)8.8
Beta1.48
Next Earnings
Jul 16, 2026EPS Estimate
2.42Next Dividend Ex-DateN/A
Dividend Yield1.8%
Share Statistics
EPS (TTM)8.66
Shares Outstanding109,185,360
10 Day Avg. Volume1,107,822
30 Day Avg. Volume1,122,318
Financial Highlights & Ratios
PEG Ratio0.41
Price to Book (P/B)1.20
Price to Sales (P/S)1.73
P/FCF Ratio-3.27
Enterprise Value/Market Cap1.71
Enterprise Value/Revenue2.71
Enterprise Value/Gross Profit4.51
Enterprise Value/Ebitda11.89
Forecast
1Y Price Target
$87.55Price Target Upside10.27% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering12
EPS Forecast (FY)9.59
Revenue Forecast (FY)$4.05B
Bulls Say, Bears Say
Bulls Say
Diversified Specialized Business ModelWestern Alliance’s focus on multiple specialized verticals creates durable revenue diversification and deposit stickiness. Niche franchises (HOA, lender finance, AmeriHome, digital escrow) reduce single-industry concentration, support fee income, and provide repeated client relationships that stabilize earnings through cycles.
Consistent Revenue Growth And Solid ProfitabilityMulti-year revenue expansion and healthy TTM margins indicate the bank can grow organically while maintaining profitability. Sustained net margin and ROE enable reinvestment in core franchises, support dividends and targeted buybacks, and underpin durable earnings power even if cyclical headwinds pressure spreads.
Robust Deposit And Loan Growth With Capital DisciplineStrong deposit inflows and ongoing loan growth provide low-cost funding and NII upside, improving funding mix and liquidity. Management’s maintenance of an 11% CET1 target alongside limited buybacks shows intent to balance capital returns with resilience, supporting medium-term earnings stability and funding optionality.
Bears Say
Persistent Negative Operating And Free Cash FlowConsistent negative operating and free cash flow reduces financial flexibility and raises reliance on external funding or balance-sheet actions. Over several periods this limits the bank’s ability to self-fund growth, absorb shocks, or sustain buybacks/dividends without drawing on capital markets or selling securities.
Large Fraud-related Charge-offs And Legal Recovery UncertaintyMaterial non-cash impairments tied to alleged fraud create idiosyncratic credit and legal risk. The size of the write-offs meaningfully reduced reported earnings and require uncertain recoveries; they highlight potential underwriting or control gaps and could entail further provisions, litigation costs, or reputational strain.
Rising Deposit Costs And Tangible Capital CompressionHigher deposit-cost assumptions and a blended beta increase funding expense, pressuring net interest margins. Concurrently, rapid asset growth and opportunistic buybacks compressed tangible capital ratios. This trade-off reduces capital buffers and increases sensitivity to funding stress or regulatory constraints over the medium term.
Western Alliance News
WAL FAQ
What was Western Alliance Bancorporation’s price range in the past 12 months?
Western Alliance Bancorporation lowest stock price was $65.81 and its highest was $97.23 in the past 12 months.
What is Western Alliance Bancorporation’s market cap?
Western Alliance Bancorporation’s market cap is $8.76B.
When is Western Alliance Bancorporation’s upcoming earnings report date?
Western Alliance Bancorporation’s upcoming earnings report date is Jul 16, 2026 which is in 42 days.
How were Western Alliance Bancorporation’s earnings last quarter?
Western Alliance Bancorporation released its earnings results on Apr 21, 2026. The company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $1.618 by $0.032.
Is Western Alliance Bancorporation overvalued?
According to Wall Street analysts Western Alliance Bancorporation’s price is currently Undervalued.
Does Western Alliance Bancorporation pay dividends?
Western Alliance Bancorporation pays a Quarterly dividend of $0.42 which represents an annual dividend yield of 1.8%. See more information on Western Alliance Bancorporation dividends here
What is Western Alliance Bancorporation’s EPS estimate?
Western Alliance Bancorporation’s EPS estimate is 2.42.
How many shares outstanding does Western Alliance Bancorporation have?
Western Alliance Bancorporation has 109,185,360 shares outstanding.
What happened to Western Alliance Bancorporation’s price movement after its last earnings report?
Western Alliance Bancorporation reported an EPS of $1.65 in its last earnings report, beating expectations of $1.618. Following the earnings report the stock price went up 0.694%.
Which hedge fund is a major shareholder of Western Alliance Bancorporation?
Currently, no hedge funds are holding shares in WAL
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Western Alliance Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$87.55 (10.27% Upside)
$87.55 (10.27% Upside)
Blogger Sentiment
Bullish
WAL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 316.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Neutral
Last 7 Days ▲ 1.9%
Last 30 Days ▼ 1.3%
Last 30 Days ▼ 1.3%
Technicals
SMA
Negative
20 days / 200 days
Momentum
8.32%
12-Months-Change
Fundamentals
Return on Equity
12.88%
Trailing 12-Months
Asset Growth
19.04%
Trailing 12-Months
Company Description
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.
WAL Company Deck
WAL Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Positive
The call conveyed strong underlying franchise momentum: robust deposit and loan growth, solid NII and PPNR expansion, improved efficiency, stable core asset quality excluding two material fraud-related charge-offs, and management confidence reflected in opportunistic buybacks and reiterated 2026 targets. The primary negatives were the sizeable one-time fraud-related charge-offs (LAM and Cantor Group 5) that reduced reported earnings and remain subject to uncertain recoveries, some mortgage volatility from March rate moves, and near-term pressure from higher deposit cost assumptions given removed rate-cut expectations. Overall, management framed the disruptions as largely behind them and provided an outlook showing revenue and margin tailwinds, leading to a favorable near-to-medium-term operating view.View all WAL earnings summariesWAL Stock 12 Month Forecast
Average Price Target
$87.55
▲(10.27% Upside)
Technical Analysis
Ownership Overview
5.19% Insiders
31.76% Mutual Funds
13.94% Other Institutional Investors
27.37% Public Companies and
Individual Investors