Western Alliance Bank/$WAL
1D1W1M3M6MYTD1Y5YMAX
Capital at risk
About Western Alliance Bank
Western Alliance Bancorp provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings. 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.
- Ticker
- $WAL
- Sector
- Finance
- Primary listing
- NYSE
- Employees
- 3,769
- Headquarters
- Phoenix, United States
WAL Metrics
BasicAdvanced
$8B
8.38
$8.87
1.33
$1.68
2.26%
Price and volume
Market cap
$8B
Beta
1.33
52-week high
$97.23
52-week low
$65.82
Average daily volume
1.2M
Dividend rate
$1.68
Financial strength
Dividend payout ratio (TTM)
19.60%
Profitability
Net profit margin (TTM)
28.20%
Operating margin (TTM)
38.08%
Effective tax rate (TTM)
17.93%
Revenue per employee (TTM)
$930,000
Management effectiveness
Return on assets (TTM)
1.09%
Return on equity (TTM)
13.02%
Valuation
Price to earnings (TTM)
8.377
Price to revenue (TTM)
2.308
Price to book
1.06
Price to tangible book (TTM)
1.16
Price to free cash flow (TTM)
-7.539
Free cash flow yield (TTM)
-13.26%
Free cash flow per share (TTM)
-9.851
Dividend yield (TTM)
2.26%
Forward dividend yield
2.26%
Growth
Revenue change (TTM)
11.74%
Earnings per share change (TTM)
16.52%
3-year revenue growth (CAGR)
11.53%
3-year earnings per share growth (CAGR)
2.13%
10-year earnings per share growth (CAGR)
14.43%
3-year dividend per share growth (CAGR)
4.43%
What the Analysts think about WAL
Analyst ratings (Buy, Hold, Sell) for Western Alliance Bank stock.
Analyst projections of the future price of Western Alliance Bank stock.
Bulls say / Bears say
Commercial lending is producing strong operating momentum. In the second quarter, held-for-investment loans grew by $1.8 billion, net interest income rose 14% year on year, and pre-provision net revenue increased 25% to $412 million while the net interest margin stayed broadly stable. (Last10K)
Deposit reshaping could improve profitability even without rapid deposit growth. Management said it had already moved about $4 billion of deposits by September, with lower deposit fees and a several-basis-point benefit to adjusted net interest margin expected from replacing expensive balances. (Investing.com)
Credit trends and capital remain supportive of the recovery case. Second-quarter criticised assets and net charge-offs fell, tangible book value per share rose 13.2% year on year to $63.24, and the CET1 ratio held at 11.0%. (Last10K)
Western Alliance still carries a higher-risk specialist lending book. Fitch said loans to non-depository financial institutions reached 25% of held-for-investment loans and cut its risk-profile outlook to negative after two large fraud-related credits became troubled. (Fitch Ratings)
The bank is choosing funding quality over balance-sheet growth, which could limit near-term revenue scale. Management reduced its 2026 loan-growth target to $5 billion and deposit-growth target to $6 billion as it prioritises share repurchases and removes higher-cost deposits. (EarningsCalls)
Mortgage banking is a clear earnings headwind. Management cut its 2026 non-interest-income growth forecast to 13%–17% from 20%–25%, citing higher Treasury and mortgage rates that should keep mortgage revenue broadly flat in the second half. (EarningsCalls)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
WAL Financial Performance
Revenues and expenses
WAL Earnings Performance
Company profitability
Upcoming events
No upcoming events
WAL News
AllArticlesVideos
Western Alliance Bancorporation to Participate in Fireside Chat at Barclays Global Financial Services Conference
Business Wire4 weeks ago
Western Alliance Bank Launches WA VenueX™ — Always-On Institutional Liquidity Hub and Financial Platform for the On-Chain Economy
Business Wire3 months ago
Western Alliance Bancorporation Q2 Earnings Call Highlights
MarketBeat3 months ago
Funds containing WAL
AllEURUSDGBP
Fund name | Fund size | $WAL weighting |
|---|---|---|
iShares S&P US Banks€IUS2 | €1B | 1.42% |
SPDR S&P 400 US Mid Cap$SPY4 | $6.3B | 0.23% |
SPDR S&P 400 US Mid Cap£SPX4 | £4.7B | 0.23% |
iShares MSCI USA Small Cap ESG Enhanced CTB€SXRG | €2.8B | 0.18% |
iShares MSCI USA Small Cap CTB Enhanced ESG£CUS1 | £2.4B | 0.18% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.