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)1.14M
Market Cap
$8.73B
Enterprise Value$6.85B
Total Cash (Recent Filing)$18.50B
Total Debt (Recent Filing)$6.84B
Price to Earnings (P/E)9.0
Beta1.47
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. Volume1,077,293
30 Day Avg. Volume1,140,573
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 Cap0.78
Enterprise Value/Revenue1.24
Enterprise Value/Gross Profit2.06
Enterprise Value/Ebitda5.16
Forecast
1Y Price Target
$88.00Price Target Upside10.85% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering11
EPS Forecast (FY)9.57
Revenue Forecast (FY)$4.05B
Bulls Say, Bears Say
Bulls Say
Profitability & Revenue GrowthWestern Alliance’s TTM net margin (~17%) and ROE (~13%), alongside multi-year revenue expansion, indicate durable core earnings power. Strong profitability supports reinvestment, dividend coverage and the ability to absorb credit variability, sustaining franchise value over the medium term.
Deposit & Loan MomentumLarge quarterly inflows ($5.6B) and continued loan growth ($903M in Q1, 8% YoY) provide durable funding depth and support NII expansion. Persistent deposit and lending momentum improves funding mix and scale, underpinning net interest income and fee opportunities over multiple quarters.
Improving Leverage & Capital DisciplineLeverage has meaningfully improved (D/E ~0.90x) while management maintains an 11% CET1 target and pursued opportunistic buybacks. This combination signals capital discipline and gives flexibility to fund growth, absorb shocks, and return capital without eroding regulatory buffers.
Bears Say
Persistent Negative Cash FlowOperating and free cash flow have been negative in the TTM and most recent annual periods, showing a persistent cash-generation gap. For a bank this raises reliance on external funding and balance-sheet actions, constraining flexibility for organic growth or unexpected stress events.
Large Fraud-Related Charge-OffsMaterial charge-offs ($126.4M LAM; $26M Cantor Group 5) materially reduced earnings and create unresolved credit and legal risk. Uncertain recovery timelines impair clarity on true asset quality and require sustained monitoring of reserves and loss emergence over multiple quarters.
Higher Deposit Costs & RebalancingManagement removed prior rate-cut assumptions, increasing the deposit-cost outlook (guide midpoint $650–$700M) and prompting deposit rebalancing that may flatten balances short term. Elevated deposit expense and reoptimization can compress NIM and pressure NII durability into 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 $8.73B.
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 25 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
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$88.00 (10.85% Upside)
$88.00 (10.85% Upside)
Blogger Sentiment
Bullish
WAL Sentiment 70%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Increased
By 316.0K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.8M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.5%
Last 30 Days ▼ 4.0%
Last 30 Days ▼ 4.0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.63%
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 serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada. The company structures its business across Commercial, Consumer Related, and Corporate & Other segments. Its deposit offerings include checking, savings, and money market accounts, as well as fixed-rate and fixed-maturity certificates of deposit. Additionally, it delivers treasury management and residential mortgage services. The company's lending activities are diverse, encompassing commercial and industrial loans such as working capital lines of credit, financing for technology companies, inventory and accounts receivable lines, mortgage warehouse facilities, and equipment loans and leases. Western Alliance also provides commercial real estate loans, secured by properties like multi-family residential units, professional offices, industrial sites, retail centers, and hotels. Its construction and land development loans support projects ranging from single and multi-family residential developments to industrial/warehouse facilities, office buildings, retail spaces, medical offices, and residential lot developments. Consumer loan products are also available. Beyond core banking, Western Alliance offers a variety of other financial services, including internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier services, and comprehensive cash management solutions. Furthermore, the company holds various investment securities, municipal and non-profit loans, and leases, and makes strategic investments in low-income housing tax credits and small business investment corporations, alongside real estate loans and related securities. Founded in 1994 and based in Phoenix, Arizona, Western Alliance Bancorporation operates a network of 36 branch locations and several loan production offices.
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
$88.00
▲(10.85% Upside)
Technical Analysis
Ownership Overview
5.15% Insiders
31.62% Mutual Funds
13.94% Other Institutional Investors
27.18% Public Companies and
Individual Investors