Inside the research

Western Alliance Bancorporation

WAL Research profile · latest available data

Price overview

$77.61

▲ +1.35 (+1.8%)

52w hi$94.62
52w lo$65.99
Vol1.11M
As of25 Sep 2026

The Verdict

Hold

Our score -0.10

Short-0.31
Medium-0.09
Long+0.30

computed 2026-09-27

Key fundamentals

Western Alliance Bancorporation

Financial Services · Banks - Regional

Market cap$8.47B
Enterprise value$10.01B
Trailing P/E8.76x
Forward P/E6.90x
P / S (ttm)2.43x
Profit margin28.2%
Return on equity13.0%
Revenue growth+13.6%
Earnings growth+14.0%

Layer Breakdown

LayerRawContribution
Fundamental+0.37
Sector+0.02
Technical-0.22
Earnings+0.00
Sentiment+0.00

macro × 1.00 · 2026-09-27

Business overview

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.

United States · www.westernalliancebancorporation.com

Risk Metrics

Beta vs SPX1.49
Corr SPX0.60
Annual vol40.1%
Annual ret+2.0%
Sharpe0.05
Max DD-36.5%

Window: 504 trading days (504 obs)

Analyst Coverage

Mean PT$89.33
High / Low$100.00 / $79.00
Median$90.00
Analysts15
Strong Buy4
Buy7
Hold4
Sell0
Strong Sell0

Recent rating actions

2026-04-28Citigroup→ Buy
2026-04-27UBS→ Neutral
2026-04-27Piper Sandler→ Overweight
2026-04-23Keefe, Bruyette & Woods→ Outperform
2026-04-22DA Davidson→ Buy
2026-04-09Keefe, Bruyette & Woods→ Outperform

Material Events

DateEvent8-K
2026-07-30Other Material Event, Exhibitsread
2026-07-21Earnings Release, Exhibitsread
2026-06-11Shareholder Vote, Exhibitsread
2026-05-12Officer / Director Change, Exhibitsread
2026-05-12Reg FD Disclosure, Exhibitsread
2026-04-30Other Material Event, Exhibitsread
2026-04-21Earnings Release, Exhibitsread
2026-03-062.06, Reg FD Disclosure…read
2026-02-20Other Material Event, Exhibitsread
2026-02-05Other Material Event, Exhibitsread
2026-01-27Earnings Release, Exhibitsread
2025-12-22Officer / Director Change, Exhibitsread

Dividends

Yield (TTM)1.08%
$ / share (TTM)$0.84
5y CAGR+9.3%

Annual dividend per share

2021$1.20
2022$1.42
2023$1.45
2024$1.49
2025$1.56
2026$0.42

SEC Filings

DateFormDoc
2026-07-3110-Qview
2026-07-308-Kview
2026-07-218-Kview
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-07-174view
2026-06-174view
2026-06-174view

The Long Run

FY 2011–2025 · 15 years

LineLatestCAGRTrend
Revenue$98.60M+49.5%
Net income$969.00M+27.7%
Cash from ops-$328.60M+110.3%

Indices

S&P MidCap 400

Recent Sessions

DateOpenHighLowCloseVol
Sep 25$76.84$78.40$76.53$77.611.11M
Sep 24$75.95$76.43$74.60$76.26904.00K
Sep 23$77.51$78.20$75.55$75.601.01M
Sep 22$79.12$79.69$77.27$77.751.14M
Sep 21$79.16$79.16$77.79$78.65850.40K

Understand the score. Research layers are inputs to a model, and the available data has limits.

Read the methodology →