Symbols / WAL Stock $83.67 +1.64% Western Alliance Bancorporation

Financial Services • Banks - Regional • United States • NYQ
WAL (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Financial Services
Industry Banks - Regional
CEO Mr. Kenneth A. Vecchione
Exch · Country NYQ · United States
Market Cap 9.14B
Enterprise Value 7.52B
Income 939.20M
Sales 3.38B
FCF (ttm) —
Book/sh 68.06
Cash/sh 83.09
Employees 3,769
Insider 10d —
IPO Jul 01, 2005
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 18.63%
P/E 9.74
Forward P/E 7.27
PEG 1.47
P/S 2.70
P/B 1.23
P/C —
EV/EBITDA —
EV/Sales 2.23
Quick Ratio —
Current Ratio —
Debt/Eq —
LT Debt/Eq —
EPS (ttm) 8.59
EPS next Y 11.51
EPS Growth -7.80%
Revenue Growth 7.90%
EPS Gr Q/Q -8.50%
Rev Gr Q/Q —
Earnings (next) 2026-07-16
Earnings (prior) 2026-04-21
ROA 1.08%
ROE 12.97%
ROIC —
Gross Margin 0.00%
Oper. Margin 31.77%
Profit Margin 28.18%
Shs Outstand 109.19M
Shs Float 102.05M
Insider Own 2.66%
Instit Own 87.11%
Short Float 0.14%
Short Ratio 0.13
Short Interest 147.73K
52W High 97.23
vs 52W High -13.95%
52W Low 65.82
vs 52W Low 27.12%
Beta 1.34
Impl. Vol. 43.95%
Rel Volume 0.60
Avg Volume 1.13M
Volume 679.73K
Target (mean) $88.93
Tgt Median $90.00
Tgt Low $79.00
Tgt High $97.00
# Analysts 15
Recom None
Prev Close $82.32
Price $83.67
Change 1.64%
About

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 demand deposit, checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors; and residential mortgage products and services. It also provides 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 multifamily residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multifamily residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company offers 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, the company 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 certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$88.93
Mean price target
2. Current target
$83.67
Latest analyst target
3. DCF / Fair value
$128.85
Fallback: EPS × 15 (assumed fair P/E). No FCF data; use with …
Ratings
Current target
$83.67
Low
$79.00
High
$97.00
Mean
$88.93

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-13 main DA Davidson Buy → Buy $90
2026-04-28 main Citigroup Buy → Buy $96
2026-04-27 main UBS Neutral → Neutral $80
2026-04-27 main Piper Sandler Overweight → Overweight $92
2026-04-23 main Keefe, Bruyette & Woods Outperform → Outperform $94
2026-04-22 main DA Davidson Buy → Buy $93
2026-04-09 main Keefe, Bruyette & Woods Outperform → Outperform $93
2026-04-07 main Barclays Overweight → Overweight $88
2026-04-07 down UBS Buy → Neutral $75
2026-04-02 main Piper Sandler Overweight → Overweight $94
2026-04-01 main JP Morgan Neutral → Neutral $77
2026-03-18 main Barclays Overweight → Overweight $90
2026-03-10 main DA Davidson Buy → Buy $93
2026-03-09 down TD Cowen Buy → Hold —
2026-03-09 main Citigroup Buy → Buy $103
2026-03-09 up Wells Fargo Underweight → Equal-Weight $79
2026-01-30 main Citigroup Buy → Buy $107
2026-01-29 main DA Davidson Buy → Buy $105
2026-01-28 main Jefferies Buy → Buy $110
2026-01-28 down JP Morgan Overweight → Neutral $105
News
RSS: Latest WAL news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-09 GIBBONS DALE M Officer — 40,000 $81.16 $3,295,577
2026-06-08 MUCHA BEN Officer — 5,946 $81.00 $481,626
2026-05-15 BOOTHE TIMOTHY W Officer — 235 — —
2026-05-15 CURLEY STEPHEN RUSSELL Officer — 440 — —
2026-05-15 VECCHIONE KENNETH A Chief Executive Officer — 1,571 — —
2026-05-15 GIBBONS DALE M Officer — 726 — —
2026-05-15 KENNEDY BARBARA J Officer — 257 — —
2026-05-15 BRUCKNER TIM R Officer — 415 — —
2026-05-15 NACHLAS EMILY Officer — 189 — —
2026-05-15 JARVI JESSICA H Officer — 168 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
3,473.80
+12.28%
3,094.00
+20.82%
2,560.80
+3.03%
2,485.40
Operating Revenue
3,473.80
+12.28%
3,094.00
+20.82%
2,560.80
+3.03%
2,485.40
Selling General And Administration
903.70
+36.14%
663.80
+12.87%
588.10
+4.72%
561.60
Selling And Marketing Expense
28.70
-12.23%
32.70
+50.00%
21.80
-1.36%
22.10
General And Administrative Expense
875.00
+38.65%
631.10
+11.44%
566.30
+4.97%
539.50
Salaries And Wages
757.50
+20.03%
631.10
+11.44%
566.30
+4.97%
539.50
Other Gand A
—
—
—
—
Reconciled Depreciation
130.10
+9.79%
118.50
+36.99%
86.50
+15.95%
74.60
Total Unusual Items
0.00
0.00
-100.00%
52.70
0.00
Total Unusual Items Excluding Goodwill
0.00
0.00
-100.00%
52.70
0.00
Special Income Charges
0.00
0.00
-100.00%
52.70
0.00
Restructuring And Mergern Acquisition
—
—
0.00
-100.00%
0.40
Net Income
969.00
+23.02%
787.70
+9.04%
722.40
-31.68%
1,057.30
Pretax Income
1,207.20
+21.79%
991.20
+6.17%
933.60
-29.06%
1,316.10
Net Interest Income
2,864.80
+9.39%
2,618.90
+11.97%
2,338.90
+5.53%
2,216.30
Interest Expense
1,828.10
-4.90%
1,922.20
+13.31%
1,696.40
+256.76%
475.50
Interest Income
4,692.90
+3.34%
4,541.10
+12.53%
4,035.30
+49.91%
2,691.80
Gain On Sale Of Security
60.40
-4.28%
63.10
+144.72%
-141.10
-3427.50%
-4.00
Tax Provision
216.60
+6.44%
203.50
-3.65%
211.20
-18.39%
258.80
Tax Rate For Calcs
0.00
-12.61%
0.00
-9.16%
0.00
+14.72%
0.00
Tax Effect Of Unusual Items
0.00
0.00
-100.00%
11.91
0.00
Net Income Including Noncontrolling Interests
990.60
+25.76%
787.70
+9.04%
722.40
-31.68%
1,057.30
Net Income From Continuing Operation Net Minority Interest
969.00
+23.02%
787.70
+9.04%
722.40
-31.68%
1,057.30
Net Income From Continuing And Discontinued Operation
969.00
+23.02%
787.70
+9.04%
722.40
-31.68%
1,057.30
Net Income Continuous Operations
990.60
+25.76%
787.70
+9.04%
722.40
-31.68%
1,057.30
Minority Interests
-21.60
0.00
0.00
—
Normalized Income
969.00
+23.02%
787.70
+15.56%
681.61
-35.53%
1,057.30
Net Income Common Stockholders
956.20
+23.40%
774.90
+9.20%
709.60
-32.06%
1,044.50
Diluted EPS
8.73
+23.13%
7.09
+8.41%
6.54
-32.58%
9.70
Basic EPS
8.79
+23.17%
7.14
+8.90%
6.55
-32.75%
9.74
Basic Average Shares
108.80
+0.18%
108.60
+0.28%
108.30
+1.03%
107.20
Diluted Average Shares
109.50
+0.18%
109.30
+0.74%
108.50
+0.84%
107.60
Diluted NI Availto Com Stockholders
956.20
+23.40%
774.90
+9.20%
709.60
-32.06%
1,044.50
Insurance And Claims
117.50
—
190.40
+512.22%
31.10
Occupancy And Equipment
70.60
-3.42%
73.10
+11.43%
65.60
+18.20%
55.50
Other Non Interest Expense
952.30
-14.25%
1,110.60
+29.68%
856.40
+142.54%
353.10
Preferred Stock Dividends
12.80
+0.00%
12.80
+0.00%
12.80
+0.00%
12.80
Professional Expense And Contract Services Expense
115.90
+5.94%
109.40
+2.05%
107.20
+7.31%
99.90
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
92,774.00
+14.63%
80,934.00
+14.21%
70,862.00
+4.62%
67,734.00
Cash And Cash Equivalents
3,596.00
-12.21%
4,096.00
+159.90%
1,576.00
+51.10%
1,043.00
Cash Financial
—
—
—
—
Other Short Term Investments
10,361.00
-23.07%
13,468.00
+20.63%
11,165.00
+57.43%
7,092.00
Net PPE
573.00
+17.18%
489.00
+1.03%
484.00
+10.25%
439.00
Gross PPE
931.00
+21.54%
766.00
+11.01%
690.00
+15.77%
596.00
Accumulated Depreciation
-358.00
-29.24%
-277.00
-34.47%
-206.00
-31.21%
-157.00
Land And Improvements
44.00
+37.50%
32.00
+0.00%
32.00
+0.00%
32.00
Buildings And Improvements
138.00
+43.75%
96.00
+0.00%
96.00
+1.05%
95.00
Machinery Furniture Equipment
439.00
+25.43%
350.00
+40.00%
250.00
+38.89%
180.00
Construction In Progress
75.00
+20.97%
62.00
-24.39%
82.00
+36.67%
60.00
Other Properties
131.00
+2.34%
128.00
-11.72%
145.00
-11.04%
163.00
Leases
104.00
+6.12%
98.00
+15.29%
85.00
+28.79%
66.00
Goodwill And Other Intangible Assets
2,143.00
+19.99%
1,786.00
-0.39%
1,793.00
-1.91%
1,828.00
Goodwill
527.00
+0.00%
527.00
+0.00%
527.00
+0.00%
527.00
Other Intangible Assets
1,616.00
+28.36%
1,259.00
-0.55%
1,266.00
-2.69%
1,301.00
Investments And Advances
21,031.00
+33.95%
15,701.00
+18.19%
13,285.00
+45.03%
9,160.00
Total Liabilities Net Minority Interest
84,828.00
+14.28%
74,227.00
+14.58%
64,784.00
+3.86%
62,378.00
Current Debt And Capital Lease Obligation
3,848.00
+22.66%
3,137.00
-49.62%
6,227.00
+43.98%
4,325.00
Current Debt
3,848.00
+22.66%
3,137.00
-49.62%
6,227.00
+43.98%
4,325.00
Other Current Borrowings
3,848.00
+22.66%
3,137.00
-49.62%
6,227.00
+43.98%
4,325.00
Long Term Debt And Capital Lease Obligation
2,628.00
-24.48%
3,480.00
+128.95%
1,520.00
-36.27%
2,385.00
Long Term Debt
2,468.00
-25.69%
3,321.00
+147.65%
1,341.00
-39.05%
2,200.00
Long Term Capital Lease Obligation
160.00
+0.63%
159.00
-11.17%
179.00
-3.24%
185.00
Stockholders Equity
7,653.00
+14.10%
6,707.00
+10.35%
6,078.00
+13.48%
5,356.00
Common Stock Equity
7,358.00
+14.75%
6,412.00
+10.88%
5,783.00
+14.27%
5,061.00
Capital Stock
295.00
+0.00%
295.00
+0.00%
295.00
+0.00%
295.00
Common Stock
—
—
—
2,163.00
Preferred Stock
295.00
+0.00%
295.00
+0.00%
295.00
+0.00%
295.00
Share Issued
112.49
-0.36%
112.90
+0.65%
112.17
+0.63%
111.47
Ordinary Shares Number
109.51
-0.49%
110.05
+0.54%
109.47
+0.51%
108.91
Treasury Shares Number
2.98
+4.80%
2.85
+5.25%
2.70
+5.98%
2.55
Additional Paid In Capital
2,232.00
-0.58%
2,245.00
+2.18%
2,197.00
+1.57%
2,163.00
Retained Earnings
5,607.00
+16.18%
4,826.00
+14.50%
4,215.00
+15.04%
3,664.00
Gains Losses Not Affecting Retained Earnings
-344.00
+35.58%
-534.00
-4.09%
-513.00
+22.39%
-661.00
Treasury Stock
137.00
+9.60%
125.00
+7.76%
116.00
+10.48%
105.00
Minority Interest
293.00
0.00
—
—
Total Equity Gross Minority Interest
7,946.00
+18.47%
6,707.00
+10.35%
6,078.00
+13.48%
5,356.00
Total Capitalization
10,121.00
+0.93%
10,028.00
+35.17%
7,419.00
-1.81%
7,556.00
Invested Capital
13,674.00
+6.25%
12,870.00
-3.60%
13,351.00
+15.23%
11,586.00
Total Debt
6,476.00
-2.13%
6,617.00
-14.59%
7,747.00
+15.45%
6,710.00
Net Debt
2,720.00
+15.16%
2,362.00
-60.58%
5,992.00
+9.30%
5,482.00
Capital Lease Obligations
160.00
+0.63%
159.00
-11.17%
179.00
-3.24%
185.00
Net Tangible Assets
5,510.00
+11.97%
4,921.00
+14.84%
4,285.00
+21.46%
3,528.00
Tangible Book Value
5,215.00
+12.73%
4,626.00
+15.94%
3,990.00
+23.41%
3,233.00
Available For Sale Securities
9,101.00
+1158.78%
723.00
+3.43%
699.00
-10.84%
784.00
Cash Cash Equivalents And Federal Funds Sold
3,844.00
-11.18%
4,328.00
+133.06%
1,857.00
+46.57%
1,267.00
Held To Maturity Securities
1,569.00
+3.91%
1,510.00
+6.26%
1,421.00
+10.67%
1,284.00
Preferred Shares Number
12.00
+0.00%
12.00
+0.00%
12.00
+0.00%
12.00
Preferred Stock Equity
295.00
+0.00%
295.00
+0.00%
295.00
+0.00%
295.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
-2,678.90
+2.30%
-2,742.00
-734.45%
-328.60
-114.64%
2,245.30
Cash Flow From Continuing Operating Activities
-2,678.90
+2.30%
-2,742.00
-734.45%
-328.60
-114.64%
2,245.30
Net Income From Continuing Operations
990.60
+25.76%
787.70
+9.04%
722.40
-31.68%
1,057.30
Depreciation Amortization Depletion
130.10
+9.79%
118.50
+36.99%
86.50
+15.95%
74.60
Depreciation
130.10
+9.79%
118.50
+36.99%
86.50
+15.95%
74.60
Depreciation And Amortization
130.10
+9.79%
118.50
+36.99%
86.50
+15.95%
74.60
Other Non Cash Items
-3,713.50
+1.84%
-3,783.10
-179.38%
-1,354.10
-219.47%
1,133.40
Stock Based Compensation
51.40
+7.76%
47.70
+39.07%
34.30
-13.82%
39.80
Deferred Tax
-130.30
-1150.81%
12.40
+149.80%
-24.90
+63.70%
-68.60
Deferred Income Tax
-130.30
-1150.81%
12.40
+149.80%
-24.90
+63.70%
-68.60
Operating Gains Losses
-29.40
-68.97%
-17.40
-46.22%
-11.90
-75.00%
-6.80
Gain Loss On Investment Securities
-29.40
-68.97%
-17.40
-142.65%
40.80
+700.00%
-6.80
Unrealized Gain Loss On Investment Securities
196.40
+864.20%
-25.70
-112.25%
209.80
—
Change In Working Capital
-279.00
-205.32%
264.90
+130.95%
114.70
+396.38%
-38.70
Change In Other Current Assets
-407.90
-281.77%
224.40
+318.29%
-102.80
—
Change In Other Current Liabilities
128.90
+218.27%
40.50
-81.38%
217.50
—
Investing Cash Flow
-9,947.90
-66.72%
-5,967.00
-176.37%
-2,159.10
+83.56%
-13,130.10
Cash Flow From Continuing Investing Activities
-9,947.90
-66.72%
-5,967.00
-176.37%
-2,159.10
+83.56%
-13,130.10
Net PPE Purchase And Sale
-114.30
-36.40%
-83.80
+26.68%
-114.30
+18.94%
-141.00
Purchase Of PPE
-114.30
-36.40%
-83.80
+26.68%
-114.30
+18.94%
-141.00
Capital Expenditure
-114.30
-36.40%
-83.80
+26.68%
-114.30
+18.94%
-141.00
Net Investment Purchase And Sale
-5,259.50
-141.57%
-2,177.20
+44.89%
-3,950.50
-83.05%
-2,158.20
Purchase Of Investment
-18,104.10
-6.14%
-17,057.40
-9.40%
-15,592.00
-409.38%
-3,061.00
Sale Of Investment
12,844.60
-13.68%
14,880.20
+27.82%
11,641.50
+1189.49%
902.80
Net Business Purchase And Sale
—
0.00
0.00
+100.00%
-50.00
Purchase Of Business
—
0.00
0.00
+100.00%
-50.00
Net Intangibles Purchase And Sale
644.60
-29.03%
908.30
+13.79%
798.20
+103.67%
391.90
Net Other Investing Changes
18.40
+102.30%
-798.30
-114142.86%
0.70
—
Financing Cash Flow
12,127.10
+8.00%
11,228.50
+271.76%
3,020.40
-73.53%
11,411.80
Cash Flow From Continuing Financing Activities
12,127.10
+8.00%
11,228.50
+271.76%
3,020.40
-73.53%
11,411.80
Net Issuance Payments Of Debt
1,308.80
+217.75%
411.90
-73.13%
1,533.10
-71.64%
5,406.70
Issuance Of Debt
7,596.00
+153.20%
3,000.00
+30203.03%
9.90
-98.29%
578.40
Repayment Of Debt
-8,451.90
-724.01%
-1,025.70
-25.38%
-818.10
-2564.82%
-30.70
Long Term Debt Issuance
7,596.00
+153.20%
3,000.00
+30203.03%
9.90
-98.29%
578.40
Long Term Debt Payments
-8,451.90
-724.01%
-1,025.70
-25.38%
-818.10
-2564.82%
-30.70
Net Long Term Debt Issuance
-855.90
-143.35%
1,974.30
+344.28%
-808.20
-247.56%
547.70
Net Short Term Debt Issuance
2,164.70
+238.55%
-1,562.40
-166.73%
2,341.30
-51.82%
4,859.00
Net Common Stock Issuance
-68.10
-68200.00%
0.10
+0.00%
0.10
-99.94%
157.70
Common Stock Payments
-68.10
0.00
0.00
0.00
Cash Dividends Paid
-184.80
-4.52%
-176.80
-3.09%
-171.50
-3.19%
-166.20
Repurchase Of Capital Stock
-68.10
0.00
0.00
0.00
Net Other Financing Charges
259.80
+3086.21%
-8.70
+20.91%
-11.00
+40.54%
-18.50
Changes In Cash
-499.70
-119.83%
2,519.50
+372.97%
532.70
+1.08%
527.00
Beginning Cash Position
4,095.60
+159.86%
1,576.10
+51.05%
1,043.40
+102.05%
516.40
End Cash Position
3,595.90
-12.20%
4,095.60
+159.86%
1,576.10
+51.05%
1,043.40
Free Cash Flow
-2,793.20
+1.15%
-2,825.80
-538.02%
-442.90
-121.05%
2,104.30
Interest Paid Supplemental Data
1,849.60
-4.74%
1,941.60
+22.81%
1,581.00
+249.08%
452.90
Income Tax Paid Supplemental Data
31.70
+2338.46%
1.30
-97.96%
63.60
-67.81%
197.60
Common Stock Issuance
0.00
-100.00%
0.10
+0.00%
0.10
-99.94%
157.70
Issuance Of Capital Stock
0.00
-100.00%
0.10
+0.00%
0.10
-99.94%
157.70
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
Sale Of Intangibles
644.60
-29.03%
908.30
+13.79%
798.20
+103.67%
391.90
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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