WAL Stock Price, Western Alliance Bancorp Quote, Chart

Market Summary

USD62.99+0.82

Market Closed

1.32%

WAL Stock Price

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WAL RSI Chart

WAL Valuation

Market Cap

6.9B

Price/Earnings (Trailing)

9.19

Price/Sales (Trailing)

1.68

EV/EBITDA

1

Price/Free Cashflow

-24.97

WAL Price/Sales (Trailing)

WAL Profitability

EBT Margin

23.80%

Return on Equity

12.22%

Return on Assets

0.98%

Free Cashflow Yield

-4.01%

WAL Fundamentals

WAL Revenue

Revenue (TTM)

4.1B

Rev. Growth (Yr)

8.89%

Rev. Growth (Qtr)

1.54%

WAL Earnings

Earnings (TTM)

754.4M

Earnings Growth (Yr)

22.5%

Earnings Growth (Qtr)

17.78%

Breaking Down WAL Revenue

Last 7 days

7.2%

Last 30 days

2.7%

Last 90 days

6.9%

Trailing 12 Months

136.8%

How does WAL drawdown profile look like?

WAL Financial Health

WAL Investor Care

Dividend Yield

2.32%

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

Year	Q1	Q2	Q3	Q4
2024	4.1B	0	0	0
2023	3.2B	3.6B	3.9B	4.0B
2022	1.8B	2.0B	2.3B	2.7B
2021	1.3B	1.4B	1.5B	1.7B
2020	1.2B	1.3B	1.2B	1.3B
2019	1.1B	1.1B	1.2B	1.2B
2018	887.9M	932.6M	980.0M	1.0B
2017	738.5M	771.4M	804.5M	845.5M
2016	568.4M	625.9M	664.4M	700.5M
2015	428.6M	443.3M	484.0M	525.1M
2014	378.2M	390.9M	403.8M	416.4M
2013	324.0M	335.4M	349.4M	362.7M
2012	302.1M	306.3M	310.8M	318.3M
2011	285.0M	288.7M	292.1M	296.6M
2010	0	278.0M	279.9M	281.8M
2009	0	0	0	276.0M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of Western Alliance Bancorp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 02, 2024	jammet mary chris	acquired	-	-	3,267	-
May 02, 2024	halmy christopher a	acquired	-	-	3,267	-
May 02, 2024	guggenheim greta	acquired	-	-	3,267	-
Apr 15, 2024	bruckner tim r	acquired	-	-	158	cbo for regional banking
Apr 15, 2024	vecchione kenneth	acquired	-	-	539	president and ceo
Apr 15, 2024	gibbons dale	back to issuer	-16,005	56.16	-285	vice chairman and cfo
Apr 15, 2024	vecchione kenneth	back to issuer	-30,270	56.16	-539	president and ceo
Apr 15, 2024	jarvi jessica h	acquired	-	-	58.00	clo & secretary
Apr 15, 2024	herndon lynne	acquired	-	-	35.00	chief credit officer
Apr 15, 2024	jarvi jessica h	back to issuer	-3,257	56.16	-58.00	clo & secretary

Which funds bought or sold WAL recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 07, 2024	M&T Bank Corp	added	13.73	36,505	370,156	-%
May 07, 2024	Inspire Investing, LLC	added	116	423,866	805,777	0.08%
May 07, 2024	NEW YORK STATE COMMON RETIREMENT FUND	reduced	-14.25	-1,092,000	5,596,000	0.01%
May 07, 2024	Swiss National Bank	unchanged	-	-328,000	13,159,000	0.01%
May 07, 2024	Washington Trust Advisors, Inc.	unchanged	-	-84.00	3,338	-%
May 07, 2024	ASSETMARK, INC	sold off	-100	-197	-	-%
May 07, 2024	SUSQUEHANNA INTERNATIONAL GROUP, LLP	reduced	-59.48	-16,146,600	10,555,300	-%
May 07, 2024	SEI INVESTMENTS CO	reduced	-29.21	-2,663,240	5,947,840	0.01%
May 07, 2024	Arizona State Retirement System	reduced	-1.72	-78,560	1,834,680	0.01%
May 07, 2024	Headlands Technologies LLC	reduced	-45.78	-118,990	133,644	0.03%

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 Filed	Name of Filer	Percent of Class	No. of Shares	Form 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
May 08, 2024	S-3ASR	S-3ASR
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 06, 2024	4	Insider Trading
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	8-K	Current Report
Apr 26, 2024	PX14A6G	PX14A6G
Apr 26, 2024	3	Insider Trading
Apr 26, 2024	3	Insider Trading
Apr 26, 2024	3	Insider Trading

Peers (Alternatives to Western Alliance Bancorp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	561.8B	174.7B	-1.43%	43.42%	11.16	3.22	53.11%	19.83%
BAC	294.9B	127.4B	0.56%	36.33%	11.78	2.14	56.12%	-12.56%
WFC	213.5B	85.8B	5.95%	58.87%	11.37	2.49	35.02%	26.14%
C	119.7B	125.0B	1.65%	34.89%	14.97	0.96	37.85%	-
CFG	16.4B	10.4B	2.86%	37.97%	11.43	1.57	26.22%	-33.87%
KEY	14.2B	8.1B	-2.78%	54.53%	16.2	1.74	32.15%	-50.93%
MID-CAP
CMA	7.1B	4.2B	-0.20%	48.47%	10.28	1.68	34.68%	-45.96%
ZION	6.5B	3.9B	2.65%	80.71%	9.61	1.66	45.91%	-25.03%
ABCB	3.4B	1.3B	4.29%	69.14%	12.73	2.67	43.24%	-22.35%
ASB	3.4B	1.8B	4.48%	49.83%	21.01	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
ALRS	399.1M	152.4M	-4.27%	48.11%	40.14	2.62	16.94%	-73.84%
AROW	395.5M	162.6M	1.49%	18.80%	13.15	2.43	25.39%	-38.37%
ACNB	273.7M	96.6M	-9.35%	14.97%	8.64	2.83	11.02%	-11.37%
ASRV	42.4M	60.9M	6.93%	-11.15%	-12.66	0.7	24.06%	-144.92%

Western Alliance Bancorp News

Latest updates

Western Alliance Bancorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.5%	1,055	1,039	1,027	1,001	969	888	739	580	485	483	443	399	334	332	305	318	307	315	316	303	291
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 Expenses	1.2%	599	592	587	550	610	640	602	525	450	451	410	371	317	315	285	298	269	272	266	255	247
Income Taxes	-13.8%	54.00	63.00	61.00	44.00	42.00	72.00	66.00	63.00	58.00	64.00	66.00	52.00	42.00	47.00	31.00	20.00	19.00	26.00	29.00	25.00	26.00
Earnings Before Taxes	9.9%	232	211	278	260	185	365	330	324	298	310	302	276	234	241	167	113	102	154	156	148	146
EBT Margin	2.9%	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 Income	17.8%	174	148	217	216	142	293	264	260	240	246	237	224	193	194	136	93.00	84.00	128	127	123	121
Net Income Margin	2.2%	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%	-306	341	-769	457	-357	794	491	337	623	615	-2,145	-1,223	100	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	8.6%	76,989	70,862	70,891	68,160	71,047	67,734	69,165	66,055	60,576	55,983	52,775	49,069	43,397	36,461	33,336	31,906	29,158	26,822	26,324	25,315	23,793
Cash Equivalents	125.2%	3,550	1,576	3,497	2,153	3,639	1,043	1,610	1,886	2,602	516	918	3,396	5,347	2,672	1,419	1,519	416	435	872	1,068	786
Net PPE	1.5%	344	339	327	315	293	276	237	210	196	182	161	150	138	134	128	128	126	126	125	123	120
Goodwill	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	290	290	290	290
Liabilities	9.3%	70,817	64,784	65,145	62,475	65,526	62,378	64,144	61,096	55,565	51,020	48,261	45,035	39,684	33,048	30,112	28,804	26,159	23,805	23,401	22,464	21,072
Shareholder's Equity	1.5%	6,172	6,078	5,746	5,685	5,521	5,356	5,021	4,959	5,012	4,963	4,514	4,035	3,713	3,414	3,224	3,102	3,000	3,017	2,923	2,851	2,721
Retained Earnings	3.2%	4,348	4,215	4,111	3,937	3,764	3,664	3,413	3,191	2,973	2,773	2,567	2,367	2,169	2,001	1,833	1,722	1,662	1,680	1,582	1,514	1,399
Additional Paid-In Capital	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,384	1,377	1,371	1,374	1,368	1,372	1,391
Shares Outstanding	0.2%	109	108	108	108	108	107	107	107	106	103	102	102	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	3,790	-	-	-	7,260	-	-	-	9,040	-	-	-	3,540	-	-	-	4,280	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-189.8%	-306	341	-769	457	-357	794	491	337	623	615	-2,145	-1,223	100	220	167	159	124	183	204	179	151
Share Based Compensation	47.2%	13.00	9.00	9.00	10.00	6.00	10.00	9.00	11.00	10.00	10.00	8.00	10.00	8.00	7.00	10.00	2.00	7.00	12.00	2.00	1.00	6.00
Cashflow From Investing	-94.0%	-3,647	-1,880	88.00	-1,713	1,347	491	-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 Financing	1651.8%	5,928	-382	2,559	-2,742	3,586	-1,851	3,161	6,042	4,061	3,027	4,114	1,436	6,634	2,979	1,267	2,606	2,253	327	931	1,196	487
Dividend Payments	0.5%	44.00	44.00	43.00	43.00	43.00	42.00	42.00	41.00	41.00	40.00	37.00	26.00	25.00	25.00	25.00	25.00	26.00	26.00	26.00	-	-
Buy Backs	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-0.10	9.00	63.00	39.00	44.00	-33.96	38.00

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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 securities	142.4	94.3
Dividends and other	40.7	41.9
Total interest income	1,055.0	968.9
Interest expense:
Deposits	380.6	231.6
Qualifying debt	9.5	9.3
Other borrowings	66.0	118.1
Total interest expense	456.1	359.0
Net interest income	598.9	609.9
Provision for credit losses	15.2	19.4
Net interest income after provision for credit losses	583.7	590.5
Non-interest income:
Net loan servicing revenue	46.4	41.9
Net gain on loan origination and sale activities	45.3	31.4
Income from equity investments	17.1	1.4
Service charges and fees	9.9	9.5
Commercial banking related income	6.5	6.2
Fair value gain (loss) adjustments, net	0.3	(147.8)
(Loss) gain on recovery from credit guarantees	(0.5)	3.3
Loss on sales of investment securities	(0.9)	(12.5)
Other income	5.8	8.6
Total non-interest income	129.9	(58.0)
Non-interest expense:
Salaries and employee benefits	154.9	148.9
Deposit costs	137.0	86.9
Insurance	58.9	15.7
Data processing	36.0	26.4
Legal, professional, and directors' fees	30.1	23.1
Occupancy	17.5	16.5
Loan servicing expenses	15.0	13.8
Business development and marketing	5.5	5.2
Loan acquisition and origination expenses	4.8	4.4
Gain on extinguishment of debt	0.0	(12.7)
Other expense	22.1	19.7
Total non-interest expense	481.8	347.9
Income before provision for income taxes	231.8	184.6
Income tax expense	54.4	42.4
Net income	177.4	142.2
Dividends on preferred stock	3.2	3.2
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)	108.5	108.1
Diluted (shares)	109.0	108.3
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 institutions	3,286.0	1,300.0
Cash and cash equivalents	3,550.0	1,576.0
Fair value	14,509.0	11,165.0
Amortized cost	1,453.0	1,421.0
Investment securities - equity	130.0	126.0
Investments in restricted stock, at cost	248.0	281.0
Loans HFS	1,841.0	1,402.0
Loans:
Loans HFI, net of deferred fees and costs	50,700.0	50,297.0
Less: allowance for credit losses	(340.3)	(336.7)
Net loans HFI	50,360.0	49,960.0
Mortgage servicing rights	1,178.0	1,124.0
Premises and equipment, net	344.0	339.0
Operating lease right of use asset	139.0	145.0
Bank owned life insurance	187.0	186.0
Goodwill and intangible assets, net	666.0	669.0
Deferred tax assets, net	300.0	287.0
Investments in LIHTC and renewable energy	553.0	573.0
Other assets	1,531.0	1,608.0
Total assets	76,989.0	70,862.0
Deposits:
Non-interest-bearing demand	18,399.0	14,520.0
Interest-bearing	43,829.0	40,813.0
Total deposits	62,228.0	55,333.0
Other borrowings	6,221.0	7,230.0
Qualifying debt	896.0	895.0
Operating lease liability	172.0	179.0
Other liabilities	1,300.0	1,147.0
Total liabilities	70,817.0	64,784.0
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)	295.0	295.0
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 capital	2,211.0	2,197.0
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 earnings	4,348.0	4,215.0
Total stockholders’ equity	6,172.5	6,078.4
Total liabilities and stockholders’ equity	$ 76,989.0	$ 70,862.0

About Western Alliance Bancorp

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	Mr. Kenneth A. Vecchione
WEBSITE	westernalliancebancorporation.com
INDUSTRY	Banks Diversified
EMPLOYEES	3336

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 May 08 2024, market cap of Western Alliance Bancorp is 6.94 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 Wed May 08 2024, WAL's PE ratio (Price to Earnings) is 9.19 and Price to Sales (PS) ratio is 1.68. 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 0.117 (multiply by 100 for percentage) rate of return.