Western Alliance Bancorporation (WAL)

Market Cap	8.78B
Revenue (ttm)	2.91B
Net Income (ttm)	705.90M
Shares Out	109.09M
EPS (ttm)	6.47
PE Ratio	12.44
Forward PE	9.50
Dividend	$1.48 (1.84%)
Ex-Dividend Date	Aug 16, 2024

Volume	2,633,097
Open	84.22
Previous Close	85.53
Day's Range	80.29 - 84.83
52-Week Range	38.81 - 94.28
Beta	1.43
Analysts	Strong Buy
Price Target	88.67 (+10.14%)
Earnings Date	Oct 17, 2024

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...

• Industry: Banks - Regional
• Sector: Financials
• IPO Date: Jun 30, 2005
• Employees: 3,260
• Stock Exchange: NYSE
• Ticker Symbol: WAL

Financial Performance

In 2023, WAL's revenue was $2.56 billion, an increase of 3.41% compared to the previous year's $2.47 billion. Earnings were $709.60 million, a decrease of -32.06%.

Analyst Forecast

According to 15 analysts, the average rating for WAL stock is "Strong Buy." The 12-month stock price forecast is $88.67, which is an increase of 10.14% from the latest price.

Price Target

$88.67

(10.14% upside)

Analyst Consensus: Strong Buy