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WAL
Western Alliance Bancorporation
$81.39
0.06
(0.07%)
| Exchange: | NYSE |
| Market Cap: | 8.887B |
| Shares Outstanding: | 10.824M |
Delayed data
About The Company
| Sector: | Financial Services | |||||
| Industry: | Banks – Regional | |||||
| CEO: | Kenneth A. Vecchione | |||||
| Full Time Employees: | 3769 | |||||
| Address: |
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| Website: | https://www.westernalliancebancorporation.com |
Western Alliance Bancorporation serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada. The company structures its business across Commercial, Consumer Related, and Corporate & Other segments. Its deposit offerings include checking, savings, and money market accounts, as well as fixed-rate and fixed-maturity certificates of deposit. Additionally, it delivers treasury management and residential mortgage services. The company’s lending activities are diverse, encompassing commercial and industrial loans such as working capital lines of credit, financing for technology companies, inventory and accounts receivable lines, mortgage warehouse facilities, and equipment loans and leases. Western Alliance also provides commercial real estate loans, secured by properties like multi-family residential units, professional offices, industrial sites, retail centers, and hotels. Its construction and land development loans support projects ranging from single and multi-family residential developments to industrial/warehouse facilities, office buildings, retail spaces, medical offices, and residential lot developments. Consumer loan products are also available. Beyond core banking, Western Alliance offers a variety of other financial services, including internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier services, and comprehensive cash management solutions. Furthermore, the company holds various investment securities, municipal and non-profit loans, and leases, and makes strategic investments in low-income housing tax credits and small business investment corporations, alongside real estate loans and related securities. Founded in 1994 and based in Phoenix, Arizona, Western Alliance Bancorporation operates a network of 36 branch locations and several loan production offices.
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Revenue Segmentation
EPS
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Earnings Call
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Key takeaways
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 4,257,200 | 5,016,200 | 5,275,700 |
| Gross Profit | 2,498,200 | 2,948,100 | 3,223,500 |
| EBITDA | 1,020,100 | 1,109,700 | 1,337,300 |
| Operating Income | 933,600 | 991,200 | 1,207,200 |
| Net Income | 722,400 | 787,700 | 969,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 70,862,000 | 80,934,000 | 92,774,000 |
| Total Liabilities | 64,784,000 | 74,227,000 | 84,828,000 |
| Total Stockholders Equity | 6,078,000 | 6,707,000 | 7,653,000 |
| Total Debt | 8,304,000 | 6,631,000 | 6,636,000 |
| Cash and Cash Equivalents | 1,576,000 | 4,096,000 | 3,596,000 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | -328,600 | -2,742,000 | 349,300 |
| Capital Expenditure | -114,300 | -83,800 | 0 |
| Free Cash Flow | -442,900 | -2,825,800 | 349,300 |
| Net Income | 722,400 | 787,700 | 969,000 |
| Net Change in Cash | 532,700 | 2,519,500 | 30,300 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 4,437,175.930 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 4,781,096.856 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 4,573,409.529 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 1,570,642.787 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 1,692,381.688 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 1,618,865.874 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 1,254,944.471 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 1,516,579.393 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 1,267,161.920 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 645,512.023 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 695,544.993 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 665,331.031 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 12.710 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 13.850 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 11.460 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 5 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 6 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Login — it's freeForward P/E Ratios
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Login — it's freeSWOT Analysis
Strengths (preview)
- Strong Financial Performance: WAL has demonstrated robust revenue and net income growth in recent periods, as reflected in the Income Statements data. Consistent operating cash flow and positive free cash flow trends from the Cash Flow Statements indicate operational efficiency and financial stability.
- Favorable Valuation Metrics: The current price-to-earnings ratio (P/E TTM) and price-to-sales ratio (P/S TTM) from Key Metrics suggest WAL is reasonably valued compared to industry averages, providing a solid foundation for investor confidence. Forward P/E estimates further indicate potential for sustained valuation attractiveness.
- Healthy Balance Sheet: Data from the Balance Sheet shows a strong level of cash and cash equivalents relative to total current liabilities, supported by a manageable debt-to-equity ratio (Key Metrics). This positions WAL well for financial flexibility and resilience.
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Intrinsic Value Calculator
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Common questions about WAL valuation
Is Western Alliance Bancorporation (WAL) overvalued or undervalued right now?
MARKETSnap estimates intrinsic value for Western Alliance Bancorporation (WAL) using its proprietary valuation methodology, which incorporates discounted cash flow (DCF) analysis together with long-term earnings and fundamentals assumptions. By comparing intrinsic value to the current market price, long-term investors can see whether the stock screens as potentially overvalued, fairly valued, or undervalued today.
Is WAL a buy, hold, or sell for long-term investors?
MARKETSnap does not give one-word “buy” or “sell” calls. Instead, it shows whether WAL trades at a premium or discount to its estimated intrinsic value, how sensitive that value is to growth and margin assumptions, and how the stock fits into a diversified, long-term portfolio so investors can make their own buy, hold, or sell decision.
What is WAL’s P/E ratio?
You can see WAL’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
How is intrinsic value calculated for WAL?
MARKETSnap uses its own valuation framework—not a generic spreadsheet DCF alone. Future cash flows and earnings are projected, discounted, and combined with MARKETSnap’s methodology so intrinsic value reflects fundamentals and long-term assumptions. You can run your own inputs and see the result using the Intrinsic Value Calculator above.
Is WAL a good long-term investment?
Whether WAL fits a long-term portfolio depends on your assumptions about growth, margins, and risk. MARKETSnap provides the metrics, intrinsic value calculator, and SWOT context so you can form your own view rather than rely on a single buy/sell rating.
WAL
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Daily snapshot
0.07
Trading Metrics:
| Open: | 81.26 | Previous Close: | 81.33 | |
| Day Low: | 80.59 | Day High: | 81.39 | |
| Year Low: | 65.82 | Year High: | 97.23 | |
| Price Avg 50: | 81.01 | Price Avg 200: | 81.13 | |
| Volume: | 730836 | Average Volume: | 1.1M |
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Login — it's freeWAL full analysis
Welcome to MARKETSNAP’s SWOT analysis for Western Alliance Bancorporation, also known by its ticker WAL. If you’re a long-term investor looking to dive into the financial sector, you’ve likely come across this name. Today, we’re breaking down the strengths, weaknesses, opportunities, and threats for Western Alliance, a key player in the banking industry. I’ll keep this conversational and packed with insights, so let’s get started with a quick overview of who they are and what’s been happening with them lately,…
