Western Alliance Bancorporation (WAL)

• Market cap: $7.33B
• 1 day: 1.66%
• 5 days: 5.27%
• 1 month: -13.96%
• 3 months: -26.09%
• 6 months: -29.39%
• Year to date: -20.00%
• 1 year: 19.52%
• 5 years: 114.00%
• 10 years: 123.30%
• Sector: Financials
• Industry: Banks - Regional

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 and Corporate & Other.

Employees: 3,524

Fund manager confidence

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

113% more call options, than puts

Call options by funds: $207M | Put options by funds: $97.2M

38% more repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 123

31% more first-time investments, than exits

New positions opened: 59 | Existing positions closed: 45

2% more funds holding

Funds holding: 412 [Q3] → 419 (+7) [Q4]

1.34% more ownership

Funds ownership: 88.26% [Q3] → 89.59% (+1.34%) [Q4]

0% more funds holding in top 10

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

2% less capital invested

Capital invested by funds: $8.4B [Q3] → $8.24B (-$164M) [Q4]

Research analyst outlook

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

• Low target: $80 21% upside
• Avg. target: $100 51% upside
• High target: $116 75% upside

5 analyst ratings

• positive: 4 80%
• neutral: 1 20%
• negative: 0 0%

Wells Fargo Timur Braziler 45% 1-year accuracy 17 / 38 met price target	21% upside $80	Equal-Weight Maintained	9 Apr 2025
Barclays Jared Shaw 42% 1-year accuracy 33 / 79 met price target	46% upside $97	Overweight Maintained	8 Apr 2025
Piper Sandler Matthew Clark 15% 1-year accuracy 4 / 26 met price target	75% upside $116	Overweight Maintained	3 Feb 2025
DA Davidson Gary Tenner 31% 1-year accuracy 15 / 48 met price target	60% upside $106	Buy Maintained	29 Jan 2025
Stephens & Co. Andrew Terrell 13% 1-year accuracy 4 / 31 met price target	55% upside $103	Overweight Reiterated	28 Jan 2025