Western Alliance Bancorporation (WAL)

US — Financial Services Sector
Peers: WTFC  UMBF  ONB  ZION  BPOP  CFR  CFG  FHN  WBS  CBSH 

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Key Metrics & Ratings

  • symbol WAL
  • Rev/Share 46.4119
  • Book/Share 70.5505
  • PB 1.1688
  • Debt/Equity 0.6363
  • CurrentRatio 0.0
  • ROIC 0.0352

 

  • MktCap 8754469080.0
  • FreeCF/Share -34.7514
  • PFCF -2.3112
  • PE 9.6087
  • Debt/Assets 0.0517
  • DivYield 0.0192
  • ROE 0.1279

 

  • Rating B
  • Score 3
  • Recommendation Neutral
  • P/E Score 3
  • DCF Score 1
  • P/B Score 2
  • D/E Score 2

Recent Analyst Ratings

Type Ticker Analyst Firm Previous Rating Current Rating Previous Price Target Current Price Target Date
Downgrade WAL Wells Fargo Equal Weight Underweight -- $90 Sept. 29, 2025
Initiation WAL TD Cowen -- Buy -- $118 Sept. 25, 2025
Initiation WAL Jefferies -- Buy -- $95 May 21, 2025
Initiation WAL Truist -- Buy -- $92 May 13, 2025
Resumed WAL UBS -- Buy -- -- Dec. 17, 2024
Upgrade WAL Deutsche Bank Hold Buy $83 $101 Oct. 7, 2024

News

WAL Investor News: If You Have Suffered Losses in Western Alliance Bancorporation (NYSE: WAL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
WAL
Published: October 24, 2025 by: GlobeNewsWire
Sentiment: Neutral

NEW YORK, Oct. 24, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Western Alliance Bancorporation (NYSE: WAL) resulting from allegations that Western Alliance Bancorporation may have issued materially misleading business information to the investing public. SO WHAT: If you purchased Western Alliance Bancorporation securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

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image for news WAL Investor News: If You Have Suffered Losses in Western Alliance Bancorporation (NYSE: WAL), You Are Encouraged to Contact The Rosen Law Firm About Your Rights
Western Alliance Bank Finances Nearly 200 New Affordable Apartments in North Las Vegas
WAL
Published: October 24, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that its Affordable Housing Finance Group provided key financing for the Senator Joseph M. Neal Jr. Apartments, a 192-unit affordable housing community in North Las Vegas. Western Alliance Bank's support includes the purchase of $43.8 million in tax-exempt construction bonds, plus an investment of 49% of the $35.1 million in tax credit equity. Located at 1632 Yale St., near E. Tonopah Avenue and N. 5th Street, the four-story commun.

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image for news Western Alliance Bank Finances Nearly 200 New Affordable Apartments in North Las Vegas
Western Alliance CEO says alleged loan fraud is 'incredibly frustrating' but isolated issue
WAL
Published: October 22, 2025 by: CNBC
Sentiment: Negative

Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is an isolated case.

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image for news Western Alliance CEO says alleged loan fraud is 'incredibly frustrating' but isolated issue
Securities Fraud Investigation Into Western Alliance Bancorporation (WAL) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
WAL
Published: October 17, 2025 by: Business Wire
Sentiment: Neutral

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Western Alliance Bancorporation (“Western Alliance” or the “Company”) (NASDAQ: WAL) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON WESTERN ALLIANCE (WAL), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On October 16, 2025, Western Alliance disclosed i.

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image for news Securities Fraud Investigation Into Western Alliance Bancorporation (WAL) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
Western Alliance Bank Enters Strategic Alliance with Clover Lending Group to Expand Financing Access for Active Adult Communities
WAL
Published: October 17, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank's Multifamily Housing Finance Group today announced a strategic alliance with Clover Lending Group, an integrated asset management, development and property management company specializing in affordable senior living and other multifamily communities. Clover Lending Group is nationally recognized for its vertically integrated model, which spans development, construction and property management. By managing the entire lifecycle, the company keeps r.

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image for news Western Alliance Bank Enters Strategic Alliance with Clover Lending Group to Expand Financing Access for Active Adult Communities
‘The tide went out': How a string of bad loans has bank investors hunting for hidden risks
GS, JPM, WAL, ZION
Published: October 17, 2025 by: CNBC
Sentiment: Negative

Big banks including JPMorgan Chase and Goldman Sachs had just finished taking victory laps after a blockbuster quarter when concerns emerged from an obscure corner of Wall Street, sending a collective shiver through global finance. Regional bank Zions late Wednesday disclosed a near total wipeout on $60 million in loans after finding "apparent misrepresentations" from the borrowers.

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image for news ‘The tide went out': How a string of bad loans has bank investors hunting for hidden risks
Wall Street Roundup: Financial Earnings, Golden Highs, Data Dearth
AMZN, AVGO, BAC, C, CAT, CRM, DIA, F, GM, INTC, JEF, MS, NFLX, NVDA, QQQ, SPY, TSLA, TXN, WAL, WFC, WMT, ZION
Published: October 17, 2025 by: Seeking Alpha
Sentiment: Neutral

Big bank earnings impressed, with WFC, MS, C, and BAC posting strong results, while regional banks like ZION and WAL faced notable setbacks. AI enthusiasm is spreading beyond core tech, boosting stocks like WMT and CAT, but valuation concerns and bubble fears persist.

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image for news Wall Street Roundup: Financial Earnings, Golden Highs, Data Dearth
Regional bank earnings, credit concerns in focus
CMA, FIT, FTC, HBAN, KRE, WAL, ZION
Published: October 17, 2025 by: CNBC Television
Sentiment: Neutral

CNBC's Leslie Picker joins 'Money Movers' with the latest details on how markets are digesting news of credit concerns.

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image for news Regional bank earnings, credit concerns in focus
Regional Bank Stocks Tumble Over Concerns About Bad Loans
WAL, ZION
Published: October 17, 2025 by: Zacks Investment Research
Sentiment: Negative

Regional bank shares tank as Zions and Western Alliance reveal loan losses and fraud cases, reigniting fears over credit quality and sector stability.

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image for news Regional Bank Stocks Tumble Over Concerns About Bad Loans
Bank stock sell-off due to fear with First Brands, says Commerce Street's Dory Wiley
BFC, HBAN, HIFS, KRE, MTB, PNC, TCBX, TFC, USB, WAL, ZION
Published: October 16, 2025 by: CNBC Television
Sentiment: Negative

Dory Wiley, Commerce Street Holdings CEO, joins 'The Exchange' to discuss the recent performance in national and regional bank stocks, what's supporting the smaller banks and much more.

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image for news Bank stock sell-off due to fear with First Brands, says Commerce Street's Dory Wiley
Western Alliance (WAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
WAL
Published: October 14, 2025 by: Zacks Investment Research
Sentiment: Positive

Western Alliance (WAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Western Alliance (WAL) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
Western Alliance Bank Launches Private Client Group for High-Net-Worth Individuals and Their Advisors
WAL
Published: October 10, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE:WAL) today announced the launch of a new national group: the Western Alliance Private Client Group. The new group brings full-service concierge banking and mortgage products and services to high-net-worth individuals and their advisors. Based in Beverly Hills, Calif., where the Bank already has sizable operations and a large client base, the Western Alliance Private Client Group is led by industry veterans John Maguire and Dean Indot. “Weste.

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image for news Western Alliance Bank Launches Private Client Group for High-Net-Worth Individuals and Their Advisors
Down 11.3% in 4 Weeks, Here's Why Western Alliance (WAL) Looks Ripe for a Turnaround
WAL
Published: October 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Western Alliance (WAL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

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image for news Down 11.3% in 4 Weeks, Here's Why Western Alliance (WAL) Looks Ripe for a Turnaround
Western Alliance Bank Adds Todd Popovich to Los Angeles-Based CRE Team
WAL
Published: September 30, 2025 by: Business Wire
Sentiment: Neutral

LOS ANGELES--(BUSINESS WIRE)--Western Alliance Bank today announced that distinguished commercial real estate veteran Todd Popovich has joined the company as Managing Director for Institutional Commercial Real Estate Finance, California. In this role, Popovich is responsible for driving strategic growth while navigating today's evolving commercial real estate markets. At Western Alliance, he leads a client-focused team focused on delivering financing across all real estate product types and ent.

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image for news Western Alliance Bank Adds Todd Popovich to Los Angeles-Based CRE Team
Western Alliance Offers Shareholders a New Share Repurchase Program
WAL
Published: September 16, 2025 by: Zacks Investment Research
Sentiment: Positive

WAL launches a $300M share repurchase program with no set expiration, adding to its steady dividend payouts.

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image for news Western Alliance Offers Shareholders a New Share Repurchase Program
Western Alliance Bank Finances 50 New Affordable Apartments for Seniors in South Los Angeles
WAL
Published: August 21, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the grand opening of Serenity, a new residential project in South Los Angeles, supported in part by construction-to-permanent financing provided by Western Alliance's Affordable Housing Finance Group in partnership with R4 Capital Funding. Western Alliance invested $22.2 million in tax-exempt and taxable construction-to-permanent multifamily housing revenue bonds to finance the affordable, age-restricted, mixed-use residential proj.

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image for news Western Alliance Bank Finances 50 New Affordable Apartments for Seniors in South Los Angeles
Western Alliance Bank Teams with FHLBank San Francisco to Award $1.25 Million Affordable Housing Grant to Blind Center of Nevada
WAL
Published: August 06, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank has teamed with Federal Home Loan Bank of San Francisco (FHLBank San Francisco) to deliver a $1.25 million Affordable Housing Program (AHP) Nevada Targeted Fund grant to the Blind Center of Nevada to create 100 units of supportive housing in downtown Las Vegas. Western Alliance Bank successfully supported the Blind Center of Nevada's Visions Park project in securing the maximum grant funding available from FHLBank San Francisco's 2025 AHP Nevada T.

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image for news Western Alliance Bank Teams with FHLBank San Francisco to Award $1.25 Million Affordable Housing Grant to Blind Center of Nevada
Western Alliance Bancorporation: Commercial Real Estate Fears Are Overblown
WAL
Published: July 31, 2025 by: Seeking Alpha
Sentiment: Positive

Western Alliance Bancorporation is a fundamentally sound regional bank with consistent loan, deposit, and net interest income growth. Concerns over WAL's commercial real estate exposure are overblown due to conservative underwriting, strong sponsors, and suburban loan concentration. WAL trades at a significant discount to peers on both price-to-tangible book value and price-to-earnings, offering 20% upside potential.

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image for news Western Alliance Bancorporation: Commercial Real Estate Fears Are Overblown
Western Alliance Bank Teams Up With FHLBank San Francisco to Award the Yavapai-Apache Nation $800,000 Grant
WAL
Published: July 28, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced, in collaboration with the Federal Home Loan Bank of San Francisco (FHLBank San Francisco), an $800,000 grant awarded to the Yavapai-Apache Nation to support capacity building for affordable housing development. This grant funding will support Yavapai-Apache Nation Tribal Housing (YANTH)'s construction of Yavapai-Apache Homes IX. This 38-unit new construction project offers a mix of two-bedroom duplexes and three- and four-bedroom.

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image for news Western Alliance Bank Teams Up With FHLBank San Francisco to Award the Yavapai-Apache Nation $800,000 Grant
Western Alliance Bank to Unify All Divisions Under One Brand
WAL
Published: July 16, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank (NYSE: WAL) (“Western Alliance” or the “Bank”) today unveiled plans to unite all of the Bank's divisions under the Western Alliance Bank brand. By year-end, six division bank brands – Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank – will take on the Western Alliance Bank name. The Bank's AmeriHome Mortgage subsidiary and its affiliate Western Alliance Trust Company wil.

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image for news Western Alliance Bank to Unify All Divisions Under One Brand
Western Alliance (WAL) Reports Next Week: Wall Street Expects Earnings Growth
WAL
Published: July 10, 2025 by: Zacks Investment Research
Sentiment: Positive

Western Alliance (WAL) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Read More
image for news Western Alliance (WAL) Reports Next Week: Wall Street Expects Earnings Growth
Western Alliance Bank Strengthens Multifamily Housing Finance Group With Addition of Charles Jones
WAL
Published: July 02, 2025 by: Business Wire
Sentiment: Neutral

LOS ANGELES--(BUSINESS WIRE)--Western Alliance Bank today announced that Charles Jones has joined the organization as senior director of Multifamily Housing Finance. Based in Los Angeles, he will lead a team that creates optimal, sector-specific financing solutions for multifamily developers, including workforce housing projects, throughout the United States. Jones brings over 25 years of commercial real estate finance experience to the role. Previously, he served as managing director and vice.

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image for news Western Alliance Bank Strengthens Multifamily Housing Finance Group With Addition of Charles Jones
Western Alliance Bank Finances 80 New Affordable Apartments in Carson City
WAL
Published: May 22, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the grand opening of Phase I of Sierra Flats, an 80-unit affordable and workforce housing development in Carson City, Nevada, with construction and permanent financing provided by Western Alliance Bank in partnership with R4 Capital Funding. Western Alliance Bank provided a $14.0 million construction loan and a $2.50 million permanent loan to finance the first phase of Sierra Flats. Located at 3410 Butti Way in Carson City, the new.

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image for news Western Alliance Bank Finances 80 New Affordable Apartments in Carson City
Western Alliance Bank's and Digital Disbursements' Triangle of Fraud Protection Named as Innovation of the Year by American Banker
WAL
Published: May 19, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank's subsidiary Digital Disbursements, the leading digital payments platform for the class action legal industry and part of the bank's Juris Banking Group offering, today announced that their Anti-Fraud Triangle innovation, developed in partnership with ClaimScore, a data-driven fraud prevention software solution for class action settlements, has been selected as American Banker's Innovation of the Year in the Cybersecurity and Fraud category. The p.

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image for news Western Alliance Bank's and Digital Disbursements' Triangle of Fraud Protection Named as Innovation of the Year by American Banker
Western Alliance Bank-Funded Danny's Home for Heroes Celebrates Grand Opening
WAL
Published: May 08, 2025 by: Business Wire
Sentiment: Neutral

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank-Funded Danny's Home for Heroes Celebrates Grand Opening.

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image for news Western Alliance Bank-Funded Danny's Home for Heroes Celebrates Grand Opening
Western Alliance: Mortgage Headwinds And Credit Cracks Appear In A Mixed Q1
WAL
Published: April 22, 2025 by: Seeking Alpha
Sentiment: Negative

Western Alliance faces significant challenges, including a 35% stock decline in 2025, mixed earnings, and a cautious outlook due to economic and mortgage market weaknesses. WAL's financials show some strengths, like deposit growth and stable capital, but potentially higher provisions and credit risks, especially in commercial real estate, are concerning. The company's net interest income and margins are under pressure due to falling asset yields, and its mortgage servicing business faces headwinds from a weak housing market.

Read More
image for news Western Alliance: Mortgage Headwinds And Credit Cracks Appear In A Mixed Q1
Western Alliance Bank Data Breach - Levi & Korsinsky, LLP Launches Investigation
WAL
Published: March 25, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 25, 2025 / Western Alliance Bank recently disclosed that it suffered a data breach that compromised the sensitive personal data of individuals. This data breach has led to concerns over the security of sensitive personal information entrusted to Western Alliance Bank.

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image for news Western Alliance Bank Data Breach - Levi & Korsinsky, LLP Launches Investigation
Levi & Korsinsky, LLP Investigates Western Alliance Bank Data Breach
WAL
Published: March 24, 2025 by: Accesswire
Sentiment: Neutral

NEW YORK, NY / ACCESS Newswire / March 24, 2025 / Western Alliance Bank recently disclosed that it suffered a data breach that compromised the sensitive personal data of individuals.This data breach has led to concerns over the security of sensitive personal information entrusted to Western Alliance Bank. WHAT'S THIS ABOUT?

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image for news Levi & Korsinsky, LLP Investigates Western Alliance Bank Data Breach

About Western Alliance Bancorporation (WAL)

  • IPO Date 2005-07-01
  • Website https://www.westernalliancebancorporation.com
  • Industry Banks - Regional
  • CEO Kenneth A. Vecchione
  • Employees 3562

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 in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers 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 multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it 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 holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.