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WAL

Western Alliance Bancorporation NYSE:WAL Stock Report

Last Price

US$46.44

Market Cap

US$5.0b

7D

-3.2%

1Y

-35.9%

Updated

20 Sep, 2023

Data

Company Financials +

Western Alliance Bancorporation

NYSE:WAL Stock Report

Mkt Cap: US$5.0b

WAL Stock Overview

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.

WAL fundamental analysis
Snowflake Score
Valuation6/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends3/6

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$46.44
52 Week HighUS$81.17
52 Week LowUS$7.46
Beta1.42
1 Month Change-3.95%
3 Month Change31.15%
1 Year Change-35.92%
3 Year Change49.52%
5 Year Change-20.25%
Change since IPO82.83%

Recent News & Updates

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

Recent updates

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

Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Jun 13
Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Western Alliance Bancorp.: Earnings Outlook Remains Rosy

May 23

Here's Why We Think Western Alliance Bancorporation (NYSE:WAL) Is Well Worth Watching

Mar 15
Here's Why We Think Western Alliance Bancorporation (NYSE:WAL) Is Well Worth Watching

Wall To WAL Growth

Mar 04

Should You Be Adding Western Alliance Bancorporation (NYSE:WAL) To Your Watchlist Today?

Dec 15
Should You Be Adding Western Alliance Bancorporation (NYSE:WAL) To Your Watchlist Today?

Western Alliance Bancorporation: Strong Growth Comes At A High Market Price

Dec 09

Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At US$0.35

Nov 07
Western Alliance Bancorporation (NYSE:WAL) Will Pay A Larger Dividend Than Last Year At US$0.35

Western Alliance Bancorporation: Rosy Earnings Outlook But Stock Price Is High

Sep 23

Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Sep 16
Does Western Alliance Bancorporation (NYSE:WAL) Deserve A Spot On Your Watchlist?

Western Alliance Bancorporation (NYSE:WAL) Is Increasing Its Dividend To US$0.35

Aug 03
Western Alliance Bancorporation (NYSE:WAL) Is Increasing Its Dividend To US$0.35

Western Alliance: Loan Growth, Subdued Credit Costs To Drive Earnings

Jul 08

We Take A Look At Why Western Alliance Bancorporation's (NYSE:WAL) CEO Compensation Is Well Earned

Jun 09
We Take A Look At Why Western Alliance Bancorporation's (NYSE:WAL) CEO Compensation Is Well Earned

Shareholder Returns

WALUS BanksUS Market
7D-3.2%-0.4%-1.5%
1Y-35.9%-7.1%13.8%

Return vs Industry: WAL underperformed the US Banks industry which returned -8.5% over the past year.

Return vs Market: WAL underperformed the US Market which returned 12.9% over the past year.

Price Volatility

Is WAL's price volatile compared to industry and market?
WAL volatility
WAL Average Weekly Movement6.8%
Banks Industry Average Movement4.1%
Market Average Movement5.6%
10% most volatile stocks in US Market14.3%
10% least volatile stocks in US Market2.5%

Stable Share Price: WAL is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: WAL's weekly volatility has decreased from 15% to 7% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19943,365Ken Vecchionehttps://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

How do Western Alliance Bancorporation's earnings and revenue compare to its market cap?
WAL fundamental statistics
Market CapUS$5.04b
Earnings (TTM)US$902.10m
Revenue (TTM)US$2.51b

5.6x

P/E Ratio

0.9x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
WAL income statement (TTM)
RevenueUS$2.51b
Cost of RevenueUS$0
Gross ProfitUS$2.51b
Other ExpensesUS$1.61b
EarningsUS$902.10m

Last Reported Earnings

Jun 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)8.31
Gross Margin100.00%
Net Profit Margin35.89%
Debt/Equity Ratio184.3%

How did WAL perform over the long term?

See historical performance and comparison

Dividends

3.1%

Current Dividend Yield

17%

Payout Ratio