WAL

Western Alliance Bancorp

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Advanced Chart

77.170

-1.01(-1.292%)1D

Line

Candle

YTD

High

77.560

Open

77.450

VWAP

77.35

Vol

48.91K

Mkt Cap

8.60B

Low

76.840

Amount

3.78M

EV/EBITDA(TTM)

10.88

Total Shares

110.11M

13.27B

EV/OCF(TTM)

P/S(TTM)

2.99

Western Alliance Bancorporation is a bank holding company. It provides a full spectrum of customized loan, deposit and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly owned banking subsidiary, Western Alliance Bank. It operates through its banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank. The Company also provides an array of specialized financial services to business customers across the country, including mortgage banking services through AmeriHome, treasury management services to the homeowner's association sector, and digital payment services for the class-action legal industry. It has two non-bank subsidiaries, such as CS Insurance Company (CSI) and Western Alliance Trust Company, N.A. (WATC). CSI is a captive insurance company. WATC provides corporate trust services and levered loan administration solutions.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2026Q1

FY2026Q2

913.32M

+8.94%

2.418

+28.82%

900.02M

+15.68%

2.306

+30.66%

937.83M

+10.87%

2.542

+27.92%

Estimates Revision

The market is revising No Change the revenue expectations for Western Alliance Bancorporation (WAL) for FY2025, with the revenue forecasts being adjusted by -0% over the past three months. During the same period, the stock price has changed by -8.07%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+0.16%

In Past 3 Month

Stock Price

Go Down

-8.07%

In Past 3 Month

10 Analyst Rating

Wall Street analysts forecast WAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WAL is 102.63 USD with a low forecast of 85.00 USD and a high forecast of 118.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

9 Buy

0 Hold

1 Sell

Strong Buy

Current: 77.170

Low

85.00

Averages

102.63

High

118.00

Current: 77.170

Low

85.00

Averages

102.63

High

118.00

UBS

Nicholas Holowko

Buy

downgrade

$110 -> $105

2025-11-05

Reason

UBS

Nicholas Holowko

Price Target

$110 -> $105

2025-11-05

downgrade

Buy

Reason

UBS analyst Nicholas Holowko lowered the firm's price target on Western Alliance to $105 from $110 and keeps a Buy rating on the shares. Western Alliance posted a solid quarter excluding the Cantor-related provision, and the improvement in aggregate criticized loans was a positive, along with management's incremental color around the headline exposures, the analyst tells investors in a research note.

Truist

David Smith

Buy

maintain

$92 -> $93

2025-10-23

Reason

Truist

David Smith

Price Target

$92 -> $93

2025-10-23

maintain

Buy

Reason

Truist analyst David Smith raised the firm's price target on Western Alliance to $93 from $92 and keeps a Buy rating on the shares. The firm cites the company's stronger than expected Q3 net interest income as well as stronger balance sheet growth and fee revenue, the analyst tells investors in a research note.

Keefe Bruyette

Christopher McGratty

Outperform -> Buy

downgrade

$100 -> $95

2025-10-23

Reason

Keefe Bruyette

Christopher McGratty

Price Target

$100 -> $95

2025-10-23

downgrade

Outperform -> Buy

Reason

Keefe Bruyette analyst Christopher McGratty lowered the firm's price target on Western Alliance to $95 from $100 and keeps an Outperform rating on the shares. The firm trimmed estimates post the Q3 report to reflect a more conservative credit outlook.

Wells Fargo

Underweight

downgrade

$90 -> $85

2025-10-23

Reason

Wells Fargo

Price Target

$90 -> $85

2025-10-23

downgrade

Underweight

Reason

Wells Fargo lowered the firm's price target on Western Alliance to $85 from $90 and keeps an Underweight rating on the shares. The firm sees unfavorable reward-to-risk at a time when there are plenty of other regionals that offer similar profitability and valuation, without the potential extra downside beta.

Wells Fargo

Underweight

maintain

$90

2025-10-01

Reason

Wells Fargo

Price Target

$90

2025-10-01

maintain

Underweight

Reason

Wells Fargo added Western Alliance to the firm's Q4 2025 Tactical Ideas List. The firm sees downside risk to valuation from guidance, rates, M&A, credit, and CFO transition, while shares now trading in-line with historical discount likely limits further outperformance. Wells has an Underweight rating on the name with a price target of $90 on the shares.

JPMorgan

Anthony Elian

Overweight

maintain

$100 -> $105

2025-10-01

Reason

JPMorgan

Anthony Elian

Price Target

$100 -> $105

2025-10-01

maintain

Overweight

Reason

JPMorgan analyst Anthony Elian raised the firm's price target on Western Alliance to $105 from $100 and keeps an Overweight rating on the shares as part of a Q3 earnings preview for the small- and mid-cap banks. It expects bank fundamental trends to be highlighted by solid loan and deposit growth as well as increasing net interest margins.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Western Alliance Bancorp (WAL.N) is 8.05, compared to its 5-year average forward P/E of 8.62. For a more detailed relative valuation and DCF analysis to assess Western Alliance Bancorp 's fair value, click here.

Forward PE
Forward EV/EBITDA
Forward PS

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

8.62

Current PE

8.05

Overvalued PE

10.78

Undervalued PE

6.47

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

N/A

5Y Average PS

3.58

Current PS

80.43

Overvalued PS

10.44

Undervalued PS

-3.27

Financials

Annual

Quarterly

FY2025Q3

YoY :

+15.01%

802.30M

Total Revenue

FY2025Q3

YoY :

+25.57%

313.80M

Operating Profit

FY2025Q3

YoY :

+30.38%

260.50M

Net Income after Tax

FY2025Q3

YoY :

+26.67%

2.28

EPS - Diluted

FY2025Q2

YoY :

-50.29%

-378.80M

Free Cash Flow

FY2025Q3

YoY :

+13.37%

32.47

Net Margin - %

Trading Trends

Insider
Hedge Fund
Congress Trading

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

209.8K

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

308.0K

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Hedge Fund

Hedge Funds are Neutral. There are no significant trading trends over the last quarter.

Sold

0-3

Months

0.0

Volume

3-6

Months

0.0

Volume

6-9

Months

171.8K

Volume

0-12

Months

1.0M

Volume

Bought

0-3

0.0

Volume

Months

3-6

0.0

Volume

Months

6-9

0.0

Volume

Months

0-12

160.9K

Volume

Months

Congress Trading

Congress are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

0.0

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

0.0

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

Insider

Insiders are Neutral. There are no significant trading trends over the last month.

Sold

0-3

Months

0.0

USD

3-6

Months

209.8K

USD

6-9

Months

0.0

USD

0-12

Months

0.0

USD

Bought

0-3

308.0K

USD

Months

3-6

0.0

USD

Months

6-9

0.0

USD

Months

0-12

0.0

USD

Months

WAL News & Events

Events Timeline

2025-10-22 (ET)

2025-10-22

12:25:55

Western Alliance announces assessment of subordinated debt issuance.

2025-10-22

12:18:39

Western Alliance describes contested loans as a 'unique' situation.

2025-10-21 (ET)

2025-10-21

16:17:22

Western Alliance Announces Q3 Earnings Per Share of $2.28, Exceeding Consensus Estimate of $2.07

News

2.0

11-13NASDAQ.COM

Western Alliance Bancorporation Falls Below 200-Day Moving Average - Significant Development for WAL

7.0

11-13Globenewswire

WAL Investor Update: Contact The Rosen Law Firm If You've Experienced Losses with Western Alliance Bancorporation (NYSE: WAL) to Understand Your Rights