Western Alliance Bancorporation (WAL)

NYSE: WAL · Real-Time Price · USD
87.16
-2.64 (-2.94%)
Feb 21, 2025, 3:59 PM EST - Market closed
-2.94%
Market Cap 9.49B
Revenue (ttm) 3.02B
Net Income (ttm) 774.90M
Shares Out 109.07M
EPS (ttm) 7.09
PE Ratio 12.28
Forward PE 9.92
Dividend $1.52 (1.75%)
Ex-Dividend Date Feb 14, 2025
Volume 1,509,184
Open 92.56
Previous Close 89.73
Day's Range 85.71 - 90.57
52-Week Range 53.75 - 98.10
Beta 1.46
Analysts Strong Buy
Price Target 98.07 (+12.66%)
Earnings Date Apr 17, 2025

About WAL

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 an... [Read more]

Sector Financials
IPO Date Jun 30, 2005
Employees 3,260
Stock Exchange NYSE
Ticker Symbol WAL
Full Company Profile

Financial Performance

In 2024, WAL's revenue was $3.02 billion, an increase of 17.96% compared to the previous year's $2.56 billion. Earnings were $774.90 million, an increase of 9.20%.

Financial Statements

Analyst Forecast

According to 15 analysts, the average rating for WAL stock is "Strong Buy." The 12-month stock price forecast is $98.07, which is an increase of 12.66% from the latest price.

Price Target
$98.07
(12.66% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Western Alliance Bancorporation (WAL) Q4 2024 Earnings Call Transcript

Western Alliance Bancorporation (NYSE:WAL) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Company Participants Miles Pondelik – Director of Investor Relations and Corporate Development...

24 days ago - Seeking Alpha

Western Alliance: Mortgage Exposure And Credit Concerns Dent The Bull Case (Downgrade)

Western Alliance shares have rebounded strongly, nearing a 52-week-high, but the recent modest earnings beat suggests limited upside, prompting a move to "hold." The bank's Q4 earnings were driven by ...

24 days ago - Seeking Alpha

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2024 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2024 Financial Results.

24 days ago - Business Wire

The Best Financial Stocks to Buy

Financial stocks play a critical role in the economy and are a key component of any well-rounded portfolio.

Other symbols: ALLBKBLKBXGSHASIHIG
5 weeks ago - Kiplinger

Western Alliance Bank to Donate $100,000 to American Red Cross to Support Communities Impacted by Southern California Wildfires

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) today announced it is donating $100,000 to the American Red Cross to help support people and communities impacted by the devastating Souther...

5 weeks ago - Business Wire

Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date, Conference Call and Webcast

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Fourth Quarter and Full Year 2024 Earnings Release Date, Conference Call and Webcast.

6 weeks ago - Business Wire

How To Invest $1,000 In Regional Banks For 2025: Top Wall Street Analyst Reveals His Top Picks

Regional bank stocks have been on a tear since the 2024 U.S. election, with the SPDR S&P Regional Banking ETF KRE climbing about 10% versus the broader S&P 500's 5% gain.

Other symbols: FCNCAPNFPSNVVLYWBS
2 months ago - Benzinga

Western Alliance Bancorporation's Kenneth Vecchione and Dale Gibbons Named Best CEO, CFO in Extel's 2024 All-America Executive Team for Midcap Banks

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE:WAL) today announced that Kenneth A. Vecchione, President and Chief Executive Officer, and Dale Gibbons, Vice Chairman and Chief Financi...

2 months ago - Business Wire

Western Alliance Bancorporation Appears Undervalued With A Rosy Earnings Outlook

Rate cuts will boost mortgage demand and lift mortgage banking revenue. However, rate cuts will likely also pressure the net interest margin. The housing markets and low borrowing costs bode well for ...

2 months ago - Seeking Alpha

17 Upcoming Dividend Increases

This week, 17 companies with an average dividend increase of 8.3% are highlighted, emphasizing consistent dividend growth and outperforming benchmarks. My investment strategy focuses on buying, holdin...

3 months ago - Seeking Alpha

Western Alliance to Participate in BancAnalysts Association of Boston Conference

PHOENIX--(BUSINESS WIRE)--Western Alliance to Participate in BancAnalysts Association of Boston Conference.

4 months ago - Business Wire

Western Alliance Bancorporation (WAL) Q3 2024 Earnings Call Transcript

Western Alliance Bancorporation (NYSE:WAL) Q3 2024 Earnings Conference Call October 18, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione...

4 months ago - Seeking Alpha

Western Alliance Posts Q3 Earnings Miss, Why 5 Analysts Are Still Bullish

Western Alliance Bancorporation WAL reported mixed earnings  for its third quarter on Thursday.

4 months ago - Benzinga

Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Third Quarter 2024 Financial Results.

4 months ago - Business Wire

Analyst gives regional bank stock picks for investors

While Big Banks continue to report third quarter earnings — notably Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C) today — let's not forget about the regional banks. Wedbush Securities m...

Other symbols: COLBMTBWTFC
4 months ago - Yahoo Finance

Western Alliance Bancorporation Announces Third Quarter 2024 Earnings Release Date, Conference Call and Webcast

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its third quarter 2024 financial results after the market closes on Thursday, October 17,...

4 months ago - Business Wire

11 favored bank stocks that still trade at cheap valuations

Bank stocks have been on quite a tear as interest rates have declined. But many appear to have room to run as the cost for deposits goes down.

Other symbols: BACBANCCEBCEWBCFHNFNB
5 months ago - Market Watch

Why regional banks are set to benefit from easing interest rates

Christopher McGratty, head of US bank research at KBW, a Stifel Company, joins Market Domination to discuss how the Federal Reserve's rate easing cycle will impact regional banks and lays out some of ...

Other symbols: CMAKRE
5 months ago - Yahoo Finance

Western Alliance: Further Upside After S&P 400 Inclusion

Western Alliance Bancorp has rebounded strongly, with shares up 67% over the past year, driven by improved balance sheet flexibility and high-quality deposit growth. Western Alliance's net interest ma...

5 months ago - Seeking Alpha

Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK , Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of t...

5 months ago - PRNewsWire

Western Alliance: A Flawless Quarterly From Multiple Perspectives

WAL has outperformed the S&P 500 by 22% since my last buy rating. Loan portfolio and non-interest-bearing deposits grew in Q2 2024, leading to improved profitability. Further price appreciation is exp...

7 months ago - Seeking Alpha

These Analysts Boost Their Forecasts On Western Alliance After Upbeat Earnings

Western Alliance Bancorporation WAL posted upbeat quarterly results, after the closing bell on Thursday.

7 months ago - Benzinga

Western Alliance Bancorporation (WAL) Q2 2024 Earnings Call Transcript

Western Alliance Bancorporation (NYSE:WAL) Q2 2024 Earnings Conference Call July 19, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of IR & Corporate Development Kenneth Vecchione - ...

7 months ago - Seeking Alpha

Western Alliance Bancorporation Reports Second Quarter 2024 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Second Quarter 2024 Financial Results.

7 months ago - Business Wire

Western Alliance Bancorporation Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Second Quarter 2024 Earnings Release Date, Conference Call and Webcast.

8 months ago - Business Wire