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WAL

WAL - Western Alliance Bancorp Stock Price, Fair Value and News

59.48USD-0.23 (-0.39%)Market Closed

Market Summary

WAL
USD59.48-0.23
Market Closed
-0.39%

WAL Alerts

  • 1 major insider sales recently.

WAL Stock Price

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WAL RSI Chart

WAL Valuation

Market Cap

6.5B

Price/Earnings (Trailing)

8.64

Price/Sales (Trailing)

1.59

EV/EBITDA

0.89

Price/Free Cashflow

-6.6

WAL Price/Sales (Trailing)

WAL Profitability

EBT Margin

23.80%

Return on Equity

12.27%

Return on Assets

0.98%

Free Cashflow Yield

-15.15%

WAL Fundamentals

WAL Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

8.89%

Rev. Growth (Qtr)

1.54%

WAL Earnings

Earnings (TTM)

757.6M

Earnings Growth (Yr)

24.75%

Earnings Growth (Qtr)

19.95%

Breaking Down WAL Revenue

Last 7 days

3.7%

Last 30 days

-8.4%

Last 90 days

-3.5%

Trailing 12 Months

59.0%

How does WAL drawdown profile look like?

WAL Financial Health

WAL Investor Care

Dividend Yield

2.45%

Dividend/Share (TTM)

1.46

Shares Dilution (1Y)

0.56%

Diluted EPS (TTM)

6.86

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20244.1B000
20233.2B3.6B3.9B4.0B
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
20100278.0M279.9M281.8M
2009000276.0M

Tracking the Latest Insider Buys and Sells of Western Alliance Bancorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Jun 15, 2024
curley stephen russell
back to issuer
-9,670
58.61
-165
chief banking ofc.-nbl
Jun 15, 2024
bruckner tim r
back to issuer
-9,260
58.61
-158
cbo for regional banking
Jun 15, 2024
nachlas emily
back to issuer
-4,219
58.61
-72.00
chief risk officer
Jun 15, 2024
vecchione kenneth
acquired
-
-
539
president and ceo
Jun 15, 2024
boothe timothy w
acquired
-
-
97.00
chief operating officer
Jun 15, 2024
herndon lynne
back to issuer
-2,051
58.61
-35.00
chief credit officer
Jun 15, 2024
bruckner tim r
acquired
-
-
158
cbo for regional banking
Jun 15, 2024
vecchione kenneth
back to issuer
-31,590
58.61
-539
president and ceo
Jun 15, 2024
curley stephen russell
acquired
-
-
165
chief banking ofc.-nbl
Jun 15, 2024
gibbons dale
back to issuer
-16,703
58.61
-285
vice chairman and cfo

1–10 of 50

Which funds bought or sold WAL recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 11, 2024
EverSource Wealth Advisors, LLC
added
1.38
-7,094
50,011
-%
Jun 06, 2024
WESTWOOD HOLDINGS GROUP INC
added
51.82
6,949,000
21,388,000
0.17%
Jun 04, 2024
DekaBank Deutsche Girozentrale
unchanged
-
-12,000
216,000
-%
May 28, 2024
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-6.02
-166,000
1,834,000
0.02%
May 28, 2024
Boston Partners
reduced
-2.8
-3,920,880
58,321,500
0.07%
May 24, 2024
Cetera Investment Advisers
new
-
277,000
277,000
-%
May 21, 2024
LRI Investments, LLC
new
-
14,186
14,186
-%
May 20, 2024
Virtu Financial LLC
sold off
-100
-873,000
-
-%
May 17, 2024
Plato Investment Management Ltd
added
246
85,081
120,870
0.01%
May 16, 2024
JANE STREET GROUP, LLC
reduced
-88.03
-24,390,100
3,224,970
-%

1–10 of 41

Are Funds Buying or Selling WAL?

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

Unveiling Western Alliance Bancorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 07, 2024
blackrock inc.
4.9%
5,428,967
SC 13G/A
Feb 16, 2024
t. rowe price investment management, inc.
3.1%
3,394,544
SC 13G/A
Feb 16, 2024
price t rowe associates inc /md/
4.0%
4,395,134
SC 13G/A
Feb 14, 2024
t. rowe price investment management, inc.
3.1%
3,394,544
SC 13G
Feb 14, 2024
citadel advisors llc
2.3%
6
SC 13G/A
Feb 14, 2024
price t rowe associates inc /md/
4.0%
4,395,134
SC 13G/A
Feb 13, 2024
vanguard group inc
9.18%
10,045,309
SC 13G/A
Feb 09, 2024
capital international investors
0.0%
0
SC 13G/A
Jan 31, 2024
blackrock inc.
5.1%
5,609,122
SC 13G
Mar 14, 2023
citadel advisors llc
5.3%
6
SC 13G

Recent SEC filings of Western Alliance Bancorp

View All Filings
Date Filed Form Type Document
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 18, 2024
4
Insider Trading
Jun 13, 2024
8-K
Current Report

Peers (Alternatives to Western Alliance Bancorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
573.1B
180.9B
-3.77% 37.56%
11.38
3.17
60.42% 19.83%
312.8B
137.9B
1.81% 37.03%
12.5
2.27
56.12% -12.56%
205.8B
88.5B
-3.36% 39.95%
10.96
2.33
42.28% 26.14%
116.1B
140.1B
-5.12% 26.15%
14.53
0.83
54.53% -
15.8B
10.4B
-6.46% 27.51%
11.05
1.52
26.22% -33.87%
12.8B
8.1B
-11.75% 36.86%
14.65
1.57
32.15% -50.93%
MID-CAP
6.3B
4.2B
-14.03% 11.13%
8.99
1.47
34.68% -45.96%
6.1B
4.1B
-7.92% 44.60%
9.72
1.5
32.93% -30.73%
3.3B
1.3B
-4.54% 36.35%
11.76
2.53
30.60% -12.99%
3.1B
2.0B
-8.62% 19.28%
19.09
1.51
47.11% -59.32%
SMALL-CAP
497.6M
120.2M
6.68% 49.76%
19.02
4.14
45.65% -13.98%
417.5M
173.1M
0.12% 17.32%
14.31
2.41
26.54% -34.86%
369.6M
176.1M
-5.37% -3.41%
37.18
2.1
35.14% -73.84%
273.2M
98.7M
-5.69% -1.75%
9.28
2.77
6.27% -22.90%
40.0M
62.5M
-16.79% -14.34%
-13.51
0.64
18.83% -145.18%

Western Alliance Bancorp News

Latest updates
StockTitan40 hours ago
InvestorPlace09 Jun 202407:00 am

Western Alliance Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue1.5%1,0551,0391,0271,001969888739580485483443399334332305318307315316303291
EBITDA Margin-0.9%0.82*0.83*0.91*1.00*1.15*1.33*1.46*1.56*1.61*1.63*1.66*1.63*1.55*--------
Interest Expenses1.2%599592587550610640602525450451410371317315285298269272266255247
Income Taxes-13.8%54.0063.0061.0044.0042.0072.0066.0063.0058.0064.0066.0052.0042.0047.0031.0020.0019.0026.0029.0025.0026.00
Earnings Before Taxes9.9%232211278260185365330324298310302276234241167113102154156148146
EBT Margin2.9%0.24*0.23*0.28*0.32*0.38*0.49*0.55*0.62*0.66*0.68*0.70*0.67*0.59*--------
Net Income19.9%17714821721614229326426024024623722419319413693.0084.00128127123121
Net Income Margin2.7%0.18*0.18*0.22*0.25*0.30*0.39*0.44*0.49*0.52*0.54*0.56*0.54*0.48*--------
Free Cashflow-189.8%-306341-769457-357794491337623615-2,145-1,223100--------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets8.6%76,98970,86270,89168,16071,04767,73469,16566,05560,57655,98352,77549,06943,39736,46133,33631,90629,15826,82226,32425,31523,793
    Cash Equivalents125.2%3,5501,5763,4972,1533,6391,0431,6101,8862,6025169183,3965,3472,6721,4191,5194164358721,068786
  Net PPE1.5%344339327315293276237210196182161150138134128128126126125123120
  Goodwill------------------290290290290
Liabilities9.3%70,81764,78465,14562,47565,52662,37864,14461,09655,56551,02048,26145,03539,68433,04830,11128,80426,15923,80523,40122,46421,072
Shareholder's Equity1.6%6,1736,0785,7465,6855,5215,3565,0214,9595,0124,9634,5144,0353,7133,4143,2243,1023,0003,0172,9232,8512,721
  Retained Earnings3.2%4,3484,2154,1113,9373,7643,6643,4133,1912,9732,7732,5672,3672,1692,0011,8331,7221,6621,6801,5821,5141,399
  Additional Paid-In Capital---------------1,3841,3771,3711,3741,3681,3721,391
Shares Outstanding0.2%109108108108108107107107106103103102---------
Float----3,790---7,260---9,040---3,540---4,280-
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations-189.8%-306341-769-257357794491337623615-2,145-1,223100220167159124183204179151
  Share Based Compensation47.2%13.009.009.0010.006.0010.009.0011.0010.0010.008.0010.008.007.0010.002.007.0012.002.001.006.00
Cashflow From Investing-94.0%-3,647-1,88088.00981-1,347491-3,927-7,095-2,597-4,043-4,446-2,162-4,058-1,945-1,533-1,662-2,395-947-1,330-1,092-351
Cashflow From Financing1651.8%5,928-3822,559-2,7423,586-1,8513,1616,0424,0613,0274,1141,4366,6342,9791,2672,6062,2533279311,196487
  Dividend Payments0.5%44.0044.0043.0043.0043.0042.0042.0041.0041.0040.0037.0026.0025.0025.0025.0025.0026.0026.0026.00--
  Buy Backs----------------0.109.0063.0039.0044.00-34.0038.00
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WAL Income Statement

2024-03-31
CONSOLIDATED INCOME STATEMENTS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Interest income:  
Loans, including fees$ 871.9$ 832.7
Investment securities142.494.3
Dividends and other40.741.9
Total interest income1,055.0968.9
Interest expense:  
Deposits380.6231.6
Qualifying debt9.59.3
Other borrowings66.0118.1
Total interest expense456.1359.0
Net interest income598.9609.9
Provision for credit losses15.219.4
Net interest income after provision for credit losses583.7590.5
Non-interest income:  
Net loan servicing revenue46.441.9
Net gain on loan origination and sale activities45.331.4
Income from equity investments17.11.4
Service charges and fees9.99.5
Commercial banking related income6.56.2
Fair value gain (loss) adjustments, net0.3(147.8)
(Loss) gain on recovery from credit guarantees(0.5)3.3
Loss on sales of investment securities(0.9)(12.5)
Other income5.88.6
Total non-interest income129.9(58.0)
Non-interest expense:  
Salaries and employee benefits154.9148.9
Deposit costs137.086.9
Insurance58.915.7
Data processing36.026.4
Legal, professional, and directors' fees30.123.1
Occupancy17.516.5
Loan servicing expenses15.013.8
Business development and marketing5.55.2
Loan acquisition and origination expenses4.84.4
Gain on extinguishment of debt0.0(12.7)
Other expense22.119.7
Total non-interest expense481.8347.9
Income before provision for income taxes231.8184.6
Income tax expense54.442.4
Net income177.4142.2
Dividends on preferred stock3.23.2
Net income available to common stockholders$ 174.2$ 139.0
Earnings per share:  
Basic (dollars per share)$ 1.61$ 1.29
Diluted (dollars per share)$ 1.60$ 1.28
Weighted average number of common shares outstanding:  
Basic (shares)108.5108.1
Diluted (shares)109.0108.3
Dividends declared per common share (dollars per share)$ 0.37$ 0.36

WAL Balance Sheet

2024-03-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2024
Dec. 31, 2023
Assets:  
Cash and due from banks$ 264.0$ 276.0
Interest-bearing deposits in other financial institutions3,286.01,300.0
Cash and cash equivalents3,550.01,576.0
Fair value14,509.011,165.0
Amortized cost1,453.01,421.0
Investment securities - equity130.0126.0
Investments in restricted stock, at cost248.0281.0
Loans HFS1,841.01,402.0
Loans:  
Loans HFI, net of deferred fees and costs50,700.050,297.0
Less: allowance for credit losses(340.3)(336.7)
Net loans HFI50,360.049,960.0
Mortgage servicing rights1,178.01,124.0
Premises and equipment, net344.0339.0
Operating lease right of use asset139.0145.0
Bank owned life insurance187.0186.0
Goodwill and intangible assets, net666.0669.0
Deferred tax assets, net300.0287.0
Investments in LIHTC and renewable energy553.0573.0
Other assets1,531.01,608.0
Total assets76,989.070,862.0
Deposits:  
Non-interest-bearing demand18,399.014,520.0
Interest-bearing43,829.040,813.0
Total deposits62,228.055,333.0
Other borrowings6,221.07,230.0
Qualifying debt896.0895.0
Operating lease liability172.0179.0
Other liabilities1,300.01,147.0
Total liabilities70,817.064,784.0
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 depositary shares issued and outstanding at March 31, 2024 and December 31, 2023)295.0295.0
Common stock (par value $0.0001; 200,000,000 authorized; 113,005,772 shares issued at March 31, 2024 and 112,169,523 at December 31, 2023) and additional paid in capital2,211.02,197.0
Treasury stock, at cost (2,825,815 shares at March 31, 2024 and 2,703,218 shares at December 31, 2023)(124.0)(116.0)
Accumulated other comprehensive loss(558.0)(513.0)
Retained earnings4,348.04,215.0
Total stockholders’ equity6,172.56,078.4
Total liabilities and stockholders’ equity$ 76,989.0$ 70,862.0
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
 WEBSITEwesternalliancebancorporation.com
 INDUSTRYBanks Diversified
 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 Tue Jun 18 2024, market cap of Western Alliance Bancorp is 6.55 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 for subscribers.

What is the fair value of WAL stock?

You can check WAL's fair value in chart for subscribers. 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 Tue Jun 18 2024, WAL's PE ratio (Price to Earnings) is 8.64 and Price to Sales (PS) ratio is 1.59. 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 0.102 (multiply by 100 for percentage) rate of return.