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Western Alliance Bancorporation NYSE:WAL Stock Report

Last Price

US$84.62

Market Cap

US$9.0b

7D

-5.7%

1Y

29.0%

Updated

20 Dec, 2024

Data

Company Financials +

Western Alliance Bancorporation

NYSE:WAL Stock Report

Market Cap: US$9.0b

WAL Stock Overview

Operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. More details

WAL fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends3/6

My Notes

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Western Alliance Bancorporation Competitors

Price History & Performance

Summary of share price highs, lows and changes for Western Alliance Bancorporation
Historical stock prices
Current Share PriceUS$84.62
52 Week HighUS$98.10
52 Week LowUS$53.75
Beta1.44
1 Month Change-5.10%
3 Month Change-3.50%
1 Year Change29.03%
3 Year Change-19.95%
5 Year Change48.43%
Change since IPO233.15%

Recent News & Updates

Western Alliance Bancorporation Appears Undervalued With A Rosy Earnings Outlook

Dec 10

Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Larger Dividend Than Last Year

Nov 08
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Larger Dividend Than Last Year

Recent updates

Western Alliance Bancorporation Appears Undervalued With A Rosy Earnings Outlook

Dec 10

Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Larger Dividend Than Last Year

Nov 08
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Larger Dividend Than Last Year

Western Alliance: Further Upside After S&P 400 Inclusion

Sep 11

Western Alliance: A Flawless Quarterly From Multiple Perspectives

Jul 23

Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)

Apr 26

Western Alliance: Q1 Deposit Growth Is A Cause For Optimism

Apr 19

Western Alliance: Limited Upside In 2024 (Rating Downgrade)

Jan 31

Western Alliance Bancorp: A Beneficiary Of Improving Credit Conditions

Jan 04

Western Alliance Q3: The Business Is Clearly Recovering From The Banking Crisis

Oct 24

Western Alliance: Now Trading At Book Value (Downgrade)

Sep 14

Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch

Jul 17

Western Alliance: Excess Commercial Real Estate Exposure Should Not Be Overlooked

Jun 18

Western Alliance: The Banking Crisis Is Likely Over, Buy The Preferreds

Jun 03

Western Alliance goes ex-dividend tomorrow

Feb 15

Western Alliance Q4 2022 Earnings Preview

Jan 23

Western Alliance goes ex-dividend tomorrow

Nov 16

Western Alliance Bancorporation: Attractively Valued With Good Prospects Of Earnings Growth

Oct 26

Western Alliance Q3 2022 Earnings Preview

Oct 19

Western Alliance Bancorporation: Strong Growth On The Cards

Aug 07

Shareholder Returns

WALUS BanksUS Market
7D-5.7%-5.5%-3.5%
1Y29.0%27.2%22.1%

Return vs Industry: WAL exceeded the US Banks industry which returned 27.2% over the past year.

Return vs Market: WAL exceeded the US Market which returned 22.1% over the past year.

Price Volatility

Is WAL's price volatile compared to industry and market?
WAL volatility
WAL Average Weekly Movement6.5%
Banks Industry Average Movement5.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

Stable Share Price: WAL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: WAL's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,260Dale Gibbonswww.westernalliancebancorporation.com

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.

Western Alliance Bancorporation Fundamentals Summary

How do Western Alliance Bancorporation's earnings and revenue compare to its market cap?
WAL fundamental statistics
Market capUS$9.04b
Earnings (TTM)US$705.90m
Revenue (TTM)US$2.91b

13.1x

P/E Ratio

1.4x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAL income statement (TTM)
RevenueUS$2.91b
Cost of RevenueUS$0
Gross ProfitUS$2.91b
Other ExpensesUS$2.20b
EarningsUS$705.90m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)6.47
Gross Margin100.00%
Net Profit Margin24.25%
Debt/Equity Ratio58.6%

How did WAL perform over the long term?

See historical performance and comparison

Dividends

1.8%

Current Dividend Yield

23%

Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 23:33
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Western Alliance Bancorporation is covered by 34 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jared ShawBarclays
Ebrahim PoonawalaBofA Global Research
Michael DianaCantor Fitzgerald & Co.