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How to buy Western Alliance Bancorporation stock

Learn how to easily invest in Western Alliance Bancorporation stock.

Western Alliance Bancorporation is a banks-regional business based in the US. Western Alliance Bancorporation shares (WAL) are listed on the NYSE and all prices are listed in US Dollars. Western Alliance Bancorporation employs 3,254 staff and has a trailing 12-month revenue of around $2.2 billion.

How to buy shares in Western Alliance Bancorporation

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – WAL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Western Alliance Bancorporation stock price (NYSE: WAL)

Use our graph to track the performance of WAL stocks over time.

Western Alliance Bancorporation shares at a glance

Information last updated 2022-10-03.
Latest market close$71.50
52-week range$64.71 - $123.34
50-day moving average $76.38
200-day moving average $84.62
Wall St. target price$102.73
PE ratio 7.1147
Dividend yield $1.4 (2.19%)
Earnings per share (TTM) $9.24

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Western Alliance Bancorporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Western Alliance Bancorporation price performance over time

Historical closes compared with the close of $71.5 from 2022-10-04

1 week (2022-09-29) 9.13%
1 month (2022-09-02) N/A
3 months (2022-07-06) -0.90%
6 months (2022-04-05) -8.50%
1 year (2021-10-06) -33.88%
2 years (2020-10-06) 104.93%
3 years (2019-10-04) 61.91%
5 years (2017-10-06) 34.02%

Is Western Alliance Bancorporation stock undervalued or overvalued?

Valuing Western Alliance Bancorporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Western Alliance Bancorporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Western Alliance Bancorporation's P/E ratio

Western Alliance Bancorporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Western Alliance Bancorporation shares trade at around 7x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Western Alliance Bancorporation's PEG ratio

Western Alliance Bancorporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.84. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Western Alliance Bancorporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Western Alliance Bancorporation financials

Revenue TTM $2.2 billion
Operating margin TTM 56.91%
Gross profit TTM $2 billion
Return on assets TTM 1.71%
Return on equity TTM 21.87%
Profit margin 44.22%
Book value $43.43
Market capitalisation $7.1 billion

TTM: trailing 12 months

Western Alliance Bancorporation share dividends

15%

Dividend payout ratio: 15.31% of net profits

Recently Western Alliance Bancorporation has paid out, on average, around 15.31% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.19% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Western Alliance Bancorporation shareholders could enjoy a 2.19% return on their shares, in the form of dividend payments. In Western Alliance Bancorporation's case, that would currently equate to about $1.4 per share.

While Western Alliance Bancorporation's payout ratio might seem low, this can signify that Western Alliance Bancorporation is investing more in its future growth.

Western Alliance Bancorporation's most recent dividend payout was on 26 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 11 August 2022 (the "ex-dividend date").

Western Alliance Bancorporation share price volatility

Over the last 12 months, Western Alliance Bancorporation's shares have ranged in value from as little as $64.71 up to $123.3446. A popular way to gauge a stock's volatility is its "beta".

WAL.US volatility(beta: 1.4)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Western Alliance Bancorporation's is 1.3967. This would suggest that Western Alliance Bancorporation's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Western Alliance Bancorporation 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 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.

Frequently asked questions

What percentage of Western Alliance Bancorporation is owned by insiders or institutions?
Currently 2.835% of Western Alliance Bancorporation shares are held by insiders and 86.216% by institutions.
How many people work for Western Alliance Bancorporation?
Latest data suggests 3,254 work at Western Alliance Bancorporation.
When does the fiscal year end for Western Alliance Bancorporation?
Western Alliance Bancorporation's fiscal year ends in December.
Where is Western Alliance Bancorporation based?
Western Alliance Bancorporation's address is: One East Washington Street, Phoenix, AZ, United States, 85004
What is Western Alliance Bancorporation's ISIN number?
Western Alliance Bancorporation's international securities identification number is: US9576381092
What is Western Alliance Bancorporation's CUSIP number?
Western Alliance Bancorporation's Committee on Uniform Securities Identification Procedures number is: 957638109

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