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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 4/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
Community Narratives
Create a narrativeNarratives bring a range of perspectives from our community.
A Strategy For Sustained Growth In The Banking Sector
Western Alliance Bancorporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$85.43 |
| 52 Week High | US$88.92 |
| 52 Week Low | US$38.81 |
| Beta | 1.43 |
| 11 Month Change | 6.14% |
| 3 Month Change | 26.92% |
| 1 Year Change | 87.88% |
| 33 Year Change | -24.88% |
| 5 Year Change | 84.71% |
| Change since IPO | 236.34% |
Recent News & Updates
Recent updates
Western Alliance: Further Upside After S&P 400 Inclusion
Sep 11Western Alliance: A Flawless Quarterly From Multiple Perspectives
Jul 23Western Alliance: Solid Growth And Cheap Valuation (Rating Upgrade)
Apr 26Western Alliance: Q1 Deposit Growth Is A Cause For Optimism
Apr 19Western Alliance: Limited Upside In 2024 (Rating Downgrade)
Jan 31Western Alliance Bancorp: A Beneficiary Of Improving Credit Conditions
Jan 04Western Alliance Q3: The Business Is Clearly Recovering From The Banking Crisis
Oct 24Western Alliance: Now Trading At Book Value (Downgrade)
Sep 14Western Alliance Bancorporation (NYSE:WAL) Is Paying Out A Dividend Of $0.36
Aug 05
Western Alliance Bancorp: All Eyes On Q2 - Key Metrics To Watch
Jul 17Western Alliance: Excess Commercial Real Estate Exposure Should Not Be Overlooked
Jun 18Western Alliance: The Banking Crisis Is Likely Over, Buy The Preferreds
Jun 03Western Alliance goes ex-dividend tomorrow
Feb 15If EPS Growth Is Important To You, Western Alliance Bancorporation (NYSE:WAL) Presents An Opportunity
Feb 04Western Alliance Q4 2022 Earnings Preview
Jan 23Western Alliance goes ex-dividend tomorrow
Nov 16Western Alliance Bancorporation: Attractively Valued With Good Prospects Of Earnings Growth
Oct 26Western Alliance Q3 2022 Earnings Preview
Oct 19Western Alliance Bancorporation: Strong Growth On The Cards
Aug 07Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At $0.36
Aug 01Shareholder Returns
| WAL | US Banks | US Market | |
|---|---|---|---|
| 7D | 3.3% | 2.7% | 1.2% |
| 1Y | 87.9% | 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
| WAL volatility | |
|---|---|
| WAL Average Weekly Movement | 5.4% |
| Banks Industry Average Movement | 4.7% |
| Market Average Movement | 6.4% |
| 10% most volatile stocks in US Market | 15.0% |
| 10% least volatile stocks in US Market | 3.2% |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1994 | 3,260 | Ken Vecchione | www.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
| WAL fundamental statistics | |
|---|---|
| Market cap | US$9.39b |
| Earnings (TTM) | US$722.70m |
| Revenue (TTM) | US$2.83b |
12.9x
P/E Ratio1.5x
P/B RatioIs WAL overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WAL income statement (TTM) | |
|---|---|
| Revenue | US$2.83b |
| Cost of Revenue | US$0 |
| Gross Profit | US$2.83b |
| Other Expenses | US$2.10b |
| Earnings | US$722.70m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Oct 17, 2024
| Earnings per share (EPS) | 6.63 |
| Gross Margin | 100.00% |
| Net Profit Margin | 25.58% |
| Debt/Equity Ratio | 102.8% |
How did WAL perform over the long term?
See historical performance and comparison