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Western Alliance Bancorporation NYSE:WAL Stock Report

Last Price

US$85.43

Market Cap

US$9.4b

7D

3.3%

1Y

87.9%

Updated

10 Oct, 2024

Data

Company Financials +

Western Alliance Bancorporation

NYSE:WAL Stock Report

Market Cap: US$9.4b

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.

WAL fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance2/6
Financial Health5/6
Dividends3/6

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US$99.07
FV
13.1% undervalued intrinsic discount
11.97%
Revenue growth p.a.
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1 day ago author updated this narrative

Western Alliance Bancorporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Western Alliance Bancorporation
Historical stock prices
Current Share PriceUS$85.43
52 Week HighUS$88.92
52 Week LowUS$38.81
Beta1.43
11 Month Change6.14%
3 Month Change26.92%
1 Year Change87.88%
33 Year Change-24.88%
5 Year Change84.71%
Change since IPO236.34%

Recent News & Updates

Western Alliance: Further Upside After S&P 400 Inclusion

Sep 11

Recent updates

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 Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

Aug 05
Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36

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

If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

Feb 04
If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity

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

Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Aug 01
Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36

Shareholder Returns

WALUS BanksUS Market
7D3.3%2.7%1.2%
1Y87.9%43.1%31.0%

Return vs Industry: WAL exceeded the US Banks industry which returned 43.1% over the past year.

Return vs Market: WAL exceeded the US Market which returned 31% over the past year.

Price Volatility

Is WAL's price volatile compared to industry and market?
WAL volatility
WAL Average Weekly Movement5.4%
Banks Industry Average Movement4.7%
Market Average Movement6.4%
10% most volatile stocks in US Market15.0%
10% least volatile stocks in US Market3.2%

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 (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,260Ken Vecchionewww.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$9.39b
Earnings (TTM)US$722.70m
Revenue (TTM)US$2.83b

12.9x

P/E Ratio

1.5x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WAL income statement (TTM)
RevenueUS$2.83b
Cost of RevenueUS$0
Gross ProfitUS$2.83b
Other ExpensesUS$2.10b
EarningsUS$722.70m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

Oct 17, 2024

Earnings per share (EPS)6.63
Gross Margin100.00%
Net Profit Margin25.58%
Debt/Equity Ratio102.8%

How did WAL perform over the long term?

See historical performance and comparison

Dividends

1.7%

Current Dividend Yield

22%

Payout Ratio