Western Alliance Bancorporation
WAL
Market cap $9.58B

87.04 USD

-2.69

3.00%

At close Feb 21, 4:00 PM EST

After hours

87.04

+0.00

0.00%

1 day

-3.00%

5 days

-0.05%

1 month

-5.72%

3 months

-4.65%

6 months

12.54%

Year to date

4.99%

1 year

49.02%

5 years

55.65%

10 years

206.37%

About: Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking. Corporate & Other.

Employees: 3,260

Financials State Commercial Banks

0

Funds holding %

of 7,139 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

114% more call options, than puts

Call options by funds: $207M | Put options by funds: $97M

32% more repeat investments, than reductions

Existing positions increased: 165 | Existing positions reduced: 125

18% more first-time investments, than exits

New positions opened: 53 | Existing positions closed: 45

0.95% more ownership

Funds ownership: 88.49% [Q3] → 89.44% (+0.95%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 9 [Q3] → 9 (+0) [Q4]

1% less funds holding

Funds holding: 413 [Q3] → 409 (-4) [Q4]

2% less capital invested

Capital invested by funds: $8.42B [Q3] → $8.22B (-$200M) [Q4]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$95

9%

upside

Avg. target

$107

23%

upside

High target

$116

33%

upside

6 analyst ratings

5 positive

83%

1 neutral

17%

0 negative

0%

Piper Sandler Matthew Clark 86% 1-year accuracy 19 / 22 met price target	33%upside $116	Overweight Maintained	3 Feb 2025
DA Davidson Gary Tenner 73% 1-year accuracy 36 / 49 met price target	22%upside $106	Buy Maintained	29 Jan 2025
Stephens & Co. Andrew Terrell 81% 1-year accuracy 25 / 31 met price target	18%upside $103	Overweight Reiterated	28 Jan 2025
JP Morgan Anthony Elian 47% 1-year accuracy 8 / 17 met price target	21%upside $105	Overweight Maintained	7 Jan 2025
Wells Fargo Timur Braziler 44% 1-year accuracy 14 / 32 met price target	9%upside $95	Equal-Weight Maintained	6 Jan 2025

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about WAL published over the past 30 days

Western Alliance Bancorporation (WAL) Q4 2024 Earnings Call Transcript

Western Alliance Bancorporation (NYSE:WAL ) Q4 2024 Earnings Conference Call January 28, 2025 12:00 PM ET Company Participants Miles Pondelik – Director of Investor Relations and Corporate Development Dale Gibbons – Interim Chief Executive Officer and Chief Financial Officer Steve Curley – Chief Banking Officer-National Business Lines Tim Bruckner – Chief Banking Officer-Regional Banking Conference Call Participants Ebrahim Poonawala – Bank of America Matthew Clark – Piper Sandler Bernard Von Gizycki – Deutsche Bank Gary Tenner – D.A. Davidson Chris McGratty – KBW Ben Gerlinger – Citi Nick Holowko – UBS Andrew Terrell – Stephens Anthony Elian – J.P.

Western Alliance Bancorporation (WAL) Q4 2024 Earnings Call Transcript

Western Alliance: Mortgage Exposure And Credit Concerns Dent The Bull Case (Downgrade)

Western Alliance shares have rebounded strongly, nearing a 52-week-high, but the recent modest earnings beat suggests limited upside, prompting a move to "hold." The bank's Q4 earnings were driven by a lower tax rate, with total deposits up 20% year-over-year despite seasonal mortgage warehouse declines. Credit quality has deteriorated slightly, with increased provisions for credit losses and a rise in nonperforming loans, particularly in commercial real estate where its office exposure is a concern.

Western Alliance: Mortgage Exposure And Credit Concerns Dent The Bull Case (Downgrade)

Zacks Investment Research

Here's What Key Metrics Tell Us About Western Alliance (WAL) Q4 Earnings

While the top- and bottom-line numbers for Western Alliance (WAL) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Western Alliance (WAL) Q4 Earnings

Zacks Investment Research

Western Alliance (WAL) Surpasses Q4 Earnings and Revenue Estimates

Western Alliance (WAL) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.92 per share. This compares to earnings of $1.91 per share a year ago.

Western Alliance (WAL) Surpasses Q4 Earnings and Revenue Estimates

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2024 Financial Results

PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2024 Financial Results.

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2024 Financial Results

Zacks Investment Research

Curious about Western Alliance (WAL) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Get a deeper insight into the potential performance of Western Alliance (WAL) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Curious about Western Alliance (WAL) Q4 Performance? Explore Wall Street Estimates for Key Metrics

Zacks Investment Research

Western Alliance (WAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Western Alliance (WAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Western Alliance (WAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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Western Alliance Bank to Donate $100,000 to American Red Cross to Support Communities Impacted by Southern California Wildfires

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) today announced it is donating $100,000 to the American Red Cross to help support people and communities impacted by the devastating Southern California wildfires. This donation comprises funds from the Western Alliance Community Foundation, the charitable arm of Western Alliance Bank, as well as employee contributions, which the Bank is matching. Western Alliance also announced that it is dedicating $1 billion in loan capacity to supp.

Western Alliance Bank to Donate $100,000 to American Red Cross to Support Communities Impacted by Southern California Wildfires

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