Grufity logoGrufity logo
ScreenerStocksFundsSectorsWatchlists
WAL

Western Alliance Bancorp

WAL

53.71USD0.00 (0.00%)Market Closed
Watchlist

Market Summary

USD53.710.00
Market Closed
0.00%

WAL Alerts

  • Big jump in Revenue (Y/Y)

WAL Stock Price

View Fullscreen

WAL RSI Chart

WAL Valuation

Market Cap

5.8B

Price/Earnings (Trailing)

6.71

Price/Sales (Trailing)

1.5

EV/EBITDA

0.66

Price/Free Cashflow

46.68

WAL Price/Sales (Trailing)

WAL Profitability

EBT Margin

37.86%

Return on Equity

17.38%

Return on Assets

1.35%

Free Cashflow Yield

2.14%

WAL Fundamentals

WAL Revenue

Revenue (TTM)

3.9B

Revenue Y/Y

38.84%

Revenue Q/Q

2.58%

WAL Earnings

Earnings (TTM)

867.5M

Earnings Y/Y

-17.95%

Earnings Q/Q

0.42%

Price Action

Last 7 days

4.5%

Last 30 days

14.4%

Last 90 days

14.1%

Trailing 12 Months

-10.3%

How does WAL drawdown profile look like?

WAL Financial Health

WAL Investor Care

Dividend Yield

2.68%

Dividend/Share (TTM)

1.44

Shares Dilution (1Y)

0.74%

Diluted EPS (TTM)

7.88

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20233.2B3.6B3.9B0
20221.8B2.0B2.3B2.7B
20211.3B1.4B1.5B1.7B
20201.2B1.3B1.2B1.3B
20191.1B1.1B1.2B1.2B
2018887.9M932.6M980.0M1.0B
2017738.5M771.4M804.5M845.5M
2016568.4M625.9M664.4M700.5M
2015428.6M443.3M484.0M525.1M
2014378.2M390.9M403.8M416.4M
2013324.0M335.4M349.4M362.7M
2012302.1M306.3M310.8M318.3M
2011285.0M288.7M292.1M296.6M
20100280.0M281.4M281.8M
2009000276.0M

Latest Insider Trading transactions for WAL

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Oct 29, 2023
nachlas emily
sold (taxes)
-11,067
40.1
-276
chief risk officer
Jul 18, 2023
johnson marianne boyd
gifted
-
-
-3,086
-
Jun 15, 2023
meola anthony t
acquired
-
-
4,033
-
Jun 15, 2023
tuuk mary e
acquired
-
-
5,041
-
Mar 15, 2023
boyd william s
gifted
-
-
-4,010,190
-
Mar 15, 2023
johnson marianne boyd
gifted
-
-
4,010,190
-
Mar 13, 2023
johnson marianne boyd
bought
63,830
25.79
2,475
-
Feb 25, 2023
curley stephen russell
sold (taxes)
-55,512
73.82
-752
chief banking ofc.-nbl
Feb 25, 2023
nachlas emily
sold (taxes)
-21,186
73.82
-287
chief risk officer
Feb 25, 2023
ardrey j. kelly jr.
sold (taxes)
-10,851
73.82
-147
chief accounting officer

1–10 of 50

Which funds bought or sold WAL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Nov 24, 2023
DEUTSCHE BANK AG\
reduced
-37.81
-77,042
279,452
-%
Nov 22, 2023
Graham Capital Management, L.P.
new
-
373,368
373,368
0.01%
Nov 21, 2023
COMERICA BANK
added
-
490,688
490,688
-%
Nov 21, 2023
Walleye Capital LLC
added
280
10,187,200
12,871,700
0.03%
Nov 21, 2023
Walleye Trading LLC
added
699
3,187,140
3,538,310
0.01%
Nov 16, 2023
Creative Planning
reduced
-81.36
-940,611
288,805
-%
Nov 16, 2023
ATTICUS WEALTH MANAGEMENT, LLC
unchanged
-
370
1,740
-%
Nov 15, 2023
WOLVERINE TRADING, LLC
reduced
-50.46
-323,502
518,496
-%
Nov 15, 2023
Virtu Financial LLC
sold off
-100
-540,000
-
-%
Nov 15, 2023
MidWestOne Financial Group, Inc.
added
39.13
507,765
1,181,480
0.27%

1–10 of 39

Latest Funds Activity

Are funds buying WAL calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own WAL
No. of Funds

Schedule 13G FIlings of Western Alliance Bancorp

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 14, 2023
citadel advisors llc
5.3%
6
SC 13G
Feb 14, 2023
price t rowe associates inc /md/
5.8%
6,360,932
SC 13G/A
Feb 14, 2023
t. rowe price investment management, inc.
5.6%
6,058,243
SC 13G
Feb 13, 2023
capital international investors
7.1%
7,707,976
SC 13G/A
Feb 09, 2023
vanguard group inc
9.27%
10,092,749
SC 13G/A
Feb 14, 2022
price t rowe associates inc /md/
13.4%
14,063,679
SC 13G/A
Feb 11, 2022
capital international investors
5.8%
6,024,657
SC 13G
Feb 11, 2022
capital international investors
5.8%
6,024,657
SC 13G
Feb 04, 2022
wellington management group llp
3.93%
4,090,884
SC 13G/A
Apr 12, 2021
price t rowe associates inc /md/
11.3%
11,474,679
SC 13G/A

Recent SEC filings of Western Alliance Bancorp

View All Filings
Date Filed Form Type Document
Oct 31, 2023
4
Insider Trading
Oct 31, 2023
10-Q
Quarterly Report
Oct 30, 2023
8-K
Current Report
Oct 19, 2023
8-K
Current Report

Peers (Alternatives to Western Alliance Bancorp)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
460.4B
154.1B
8.54% 18.84%
8.98
2.99
24.85% 38.27%
242.0B
142.1B
7.80% -6.85%
7.93
1.7
104.30% 11.29%
162.3B
94.4B
7.57% 2.47%
8.84
1.72
34.62% 12.81%
93.0B
119.9B
13.84% 7.45%
6.85
0.78
86.46% -
13.4B
9.8B
11.26% -26.88%
6.47
1.37
62.73% 6.26%
12.0B
7.6B
15.08% -23.56%
9.27
1.59
57.10% -39.78%
MID-CAP
5.5B
3.7B
8.69% -20.57%
6.57
1.47
53.61% 0.24%
5.1B
4.0B
10.80% -25.48%
3.95
1.61
76.30% 16.42%
3.2B
1.2B
10.93% -8.81%
11.09
2.59
53.00% -17.58%
2.9B
1.9B
8.83% -18.01%
7.49
1.49
57.80% 14.45%
SMALL-CAP
457.8M
154.1M
12.86% -22.38%
13.29
2.97
26.24% -26.76%
456.2M
115.7M
2.14% 14.76%
15.15
3.94
24.10% -20.09%
372.9M
155.7M
5.38% -18.45%
9.98
2.4
47.34% -10.62%
342.7M
96.3M
14.42% 6.23%
9.07
3.56
19.08% 25.77%
52.1M
58.7M
16.92% -24.00%
17.84
0.89
25.03% -65.02%

Western Alliance Bancorp News

Latest updates
Investor's Business Daily05 Dec 202308:00 am46 hours ago
Nasdaq01 Dec 202312:59 pm5 days ago
Morningstar22 Nov 202308:00 am14 days ago
Nasdaq13 Nov 202308:00 am23 days ago
Yahoo Finance08 Nov 202308:00 am28 days ago
Yahoo Finance19 Oct 202307:00 am48 days ago
Investor's Business Daily17 Oct 202307:00 am50 days ago
Investor's Business Daily10 Oct 202307:00 am57 days ago
Morningstar04 Oct 202307:00 am2 months ago
Morningstar03 Oct 202307:00 am2 months ago
Barron's22 Sep 202307:00 am2 months ago
Reuters15 Aug 202307:00 am3 months ago
Reuters14 Aug 202307:00 am3 months ago
The Motley Fool07 Aug 202307:00 am4 months ago
Investor's Business Daily03 Aug 202307:00 am4 months ago

Financials for Western Alliance Bancorp

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Revenue2.6%1,0271,001969888739580485483443399334332305318307315316303291282265
EBITDA Margin---1.15*1.33*1.46*1.56*1.61*1.63*1.66*1.63*1.55*1.44*1.35*1.31*1.32*1.36*1.36*----
Interest Expenses6.7%587550610640602525450451410371317315285298269272266255247244234
Income Taxes38.1%61.0044.0042.0072.0066.0063.0058.0064.0066.0052.0042.0047.0031.0020.0019.0026.0029.0025.0026.0021.007.00
Earnings Before Taxes6.8%278260185365330324298310302276234241167113102154156148146140119
EBT Margin---0.38*0.49*0.55*0.62*0.66*0.68*0.70*0.67*0.59*0.49*0.43*0.42*0.45*0.49*0.50*----
Net Income0.4%21721614229326426024024623722419319413693.0084.00128127123121119111
Net Income Margin---0.30*0.39*0.44*0.49*0.52*0.54*0.56*0.54*0.48*0.40*0.35*0.34*0.37*0.41*0.41*----
Free Cashflow----3573,696-490-337-622-5,9234,393-1,223100220167159124183204----
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Assets4.0%70,89168,16071,04767,73469,16566,05560,57655,98352,77549,06943,39736,46133,33631,90629,15826,82226,32425,31523,79323,10922,176
    Cash Equivalents62.4%3,4972,1533,6391,0431,6101,8862,6025169183,3965,3472,6721,4191,5194164358721,068786499701
  Net PPE3.8%327315293276237210196182161150138134128128126126125123120119119
  Goodwill----------------290290290290290290
Liabilities4.3%65,14562,47565,52662,37864,14461,09655,56551,02048,26145,03539,68433,04830,11228,80426,15923,80523,40122,46421,07220,49619,688
Shareholder's Equity1.1%5,7465,6855,5215,3565,0214,9595,0124,9634,5144,0353,7133,4143,2243,1023,0003,0172,9232,8512,7212,6142,488
  Retained Earnings4.4%4,1113,9373,7643,6643,4133,1912,9732,7732,5672,3672,1692,0011,8331,7221,6621,6801,5821,5141,3991,2831,166
  Additional Paid-In Capital-------------1,3841,3771,3711,3741,3681,3721,3911,4181,445
Shares Outstanding0%108108108-108107106-103103101-100100101103102103104105105
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q3
Cashflow From Operations-268.3%-769,900457,400-357,300794,400490,900337,100622,900615,000-2,145,500-1,223,600100,100220,100166,700159,400124,000183,295204,225178,966151,314144,720148,927
  Share Based Compensation-14.4%8,90010,4006,1009,5009,40011,1009,8009,5008,1009,5008,0007,1006,6008,1006,9006,4176,0607,2516,4726,2195,698
Cashflow From Investing105.1%87,600-1,713,7001,347,100490,900-3,927,900-7,095,500-2,597,600-4,043,900-4,446,400-2,162,700-4,058,900-1,945,600-1,533,700-1,662,300-2,395,900-947,826-1,330,995-1,092,694-351,485-1,071,243-703,118
Cashflow From Financing193.3%2,559,100-2,742,4003,585,700-1,851,4003,160,7006,041,9004,060,6003,027,4004,114,0001,435,6006,633,6002,978,5001,267,2002,605,7002,253,000327,044931,1221,195,824487,210724,527747,937
  Dividend Payments0%42,60042,60042,60042,40042,20041,10040,50040,00036,50025,80025,30025,20025,30025,20025,60025,61625,684----
  Buy Backs--------------1009,20062,5004,62943,658-33,96437,94935,700-

WAL Income Statement

2023-09-30
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Interest income:    
Loans, including fees$ 860.8$ 657.0$ 2,550.7$ 1,608.3
Investment securities121.074.0325.6178.3
Dividends and other44.88.4120.016.9
Total interest income1,026.6739.42,996.31,803.5
Interest expense:    
Deposits316.277.6798.9118.8
Qualifying debt9.58.928.325.9
Other borrowings113.950.8421.982.2
Total interest expense439.6137.31,249.1226.9
Net interest income587.0602.11,747.21,576.6
Provision for credit losses12.128.553.365.0
Net interest income after provision for credit losses574.9573.61,693.91,511.6
Non-interest income:    
Net gain on loan origination and sale activities52.014.5145.778.6
Net loan servicing revenue27.223.093.2109.5
Service charges and fees23.36.553.621.1
Commercial banking related income5.65.117.816.0
Income from equity investments0.54.32.613.6
(Loss) gain on recovery from credit guarantees(4.0)0.40.511.7
Gain (loss) on sales of investment securities0.10.0(26.0)6.7
Fair value gain (loss) adjustments, net17.8(2.8)(117.3)(19.4)
Other income6.710.820.125.3
Total non-interest income129.261.8190.2263.1
Non-interest expense:    
Salaries and employee benefits137.2136.5431.7413.8
Deposit costs127.856.2305.783.6
Data processing33.921.888.959.1
Insurance33.18.181.822.2
Legal, professional, and directors' fees28.324.877.873.9
Occupancy16.813.948.739.7
Loan servicing expenses11.915.244.140.7
Loan acquisition and origination expenses5.65.815.618.7
Business development and marketing4.95.015.114.8
Gain on extinguishment of debt0.00.0(13.4)0.0
Other expense26.718.565.556.8
Total non-interest expense426.2305.81,161.5823.3
Income before provision for income taxes277.9329.6722.6951.4
Income tax expense61.365.6148.1187.1
Net income216.6264.0574.5764.3
Dividends on preferred stock3.23.29.69.6
Net income available to common stockholders$ 213.4$ 260.8$ 564.9$ 754.7
Earnings per share:    
Basic (dollars per share)$ 1.97$ 2.43$ 5.22$ 7.06
Diluted (dollars per share)$ 1.97$ 2.42$ 5.21$ 7.03
Weighted average number of common shares outstanding:    
Basic (shares)108.3107.5108.3107.0
Diluted (shares)108.5107.9108.4107.4
Dividends declared per common share (dollars per share)$ 0.36$ 0.36$ 1.08$ 1.06

WAL Balance Sheet

2023-09-30
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Assets:  
Cash and due from banks$ 289.0$ 259.0
Interest-bearing deposits in other financial institutions3,208.0784.0
Cash and cash equivalents3,497.01,043.0
Fair value9,689.07,092.0
Amortized cost1,394.01,284.0
Investment securities - equity121.0160.0
Investments in restricted stock, at cost219.0224.0
Loans HFS1,766.01,184.0
Loans:  
Loans HFI, net of deferred fees and costs49,447.051,862.0
Less: allowance for credit losses(327.4)(309.7)
Net loans HFI49,120.051,552.0
Mortgage servicing rights1,233.01,148.0
Premises and equipment, net327.0276.0
Operating lease right of use asset150.0163.0
Bank owned life insurance184.0182.0
Goodwill and intangible assets, net672.0680.0
Deferred tax assets, net365.0311.0
Investments in LIHTC and renewable energy545.0624.0
Other assets1,609.01,811.0
Total assets70,891.067,734.0
Deposits:  
Non-interest-bearing demand17,991.019,691.0
Interest-bearing36,296.033,953.0
Total deposits54,287.053,644.0
Other borrowings8,745.06,299.0
Qualifying debt890.0893.0
Operating lease liability180.0185.0
Other liabilities1,043.01,357.0
Total liabilities65,145.062,378.0
Commitments and contingencies (Note 14)
Stockholders’ equity:  
Preferred stock (par value $0.0001 and liquidation value per share of $25; 20,000,000 authorized; 12,000,000 issued and outstanding at September 30, 2023 and December 31, 2022)295.0295.0
Common stock (par value $0.0001; 200,000,000 authorized; 112,174,818 shares issued at September 30, 2023 and 111,465,292 at December 31, 2022) and additional paid in capital2,189.02,163.0
Treasury stock, at cost (2,702,124 shares at September 30, 2023 and 2,550,766 shares at December 31, 2022)(116.0)(105.0)
Accumulated other comprehensive loss(733.0)(661.0)
Retained earnings4,111.03,664.0
Total stockholders’ equity5,746.05,356.0
Total liabilities and stockholders’ equity$ 70,891.0$ 67,734.0
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 offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
 CEO
 WEBSITEwww.westernalliancebancorporation.com
 EMPLOYEES3336

Western Alliance Bancorp Frequently Asked Questions


What is the ticker symbol for Western Alliance Bancorp? What does WAL stand for in stocks?

WAL is the stock ticker symbol of Western Alliance Bancorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Western Alliance Bancorp (WAL)?

As of Wed Dec 06 2023, market cap of Western Alliance Bancorp is 5.82 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WAL stock?

You can check WAL's fair value in chart. The fair value of Western Alliance Bancorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Western Alliance Bancorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WAL so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Western Alliance Bancorp a good stock to buy?

The fair value guage provides a quick view whether WAL is over valued or under valued. Whether Western Alliance Bancorp is cheap or expensive depends on the assumptions which impact Western Alliance Bancorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WAL.

What is Western Alliance Bancorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Dec 06 2023, WAL's PE ratio (Price to Earnings) is 6.71 and Price to Sales (PS) ratio is 1.5. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WAL PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Western Alliance Bancorp's stock?

In the past 10 years, Western Alliance Bancorp has provided 0.095 (multiply by 100 for percentage) rate of return.