Q2 Earnings Estimate for WAL Issued By DA Davidson

Western Alliance Bancorporation (NYSE:WAL - Free Report) - Stock analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of Western Alliance Bancorporation in a research note issued on Thursday, April 24th. DA Davidson analyst G. Tenner expects that the financial services provider will post earnings of $1.97 per share for the quarter. DA Davidson has a "Buy" rating and a $90.00 price objective on the stock. The consensus estimate for Western Alliance Bancorporation's current full-year earnings is $9.05 per share. DA Davidson also issued estimates for Western Alliance Bancorporation's FY2025 earnings at $8.54 EPS and FY2026 earnings at $10.47 EPS.

A number of other brokerages also recently issued reports on WAL. Piper Sandler increased their price objective on Western Alliance Bancorporation from $115.00 to $116.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. StockNews.com upgraded Western Alliance Bancorporation from a "sell" rating to a "hold" rating in a research report on Tuesday, February 25th. Barclays lowered their price objective on Western Alliance Bancorporation from $107.00 to $97.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 8th. JPMorgan Chase & Co. reduced their target price on Western Alliance Bancorporation from $110.00 to $105.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 7th. Finally, Stephens reissued an "overweight" rating and issued a $92.00 target price on shares of Western Alliance Bancorporation in a research note on Tuesday, April 22nd. Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $96.62.

Western Alliance Bancorporation Price Performance

Shares of WAL stock traded up $0.71 on Friday, reaching $70.41. The company's stock had a trading volume of 716,648 shares, compared to its average volume of 1,217,545. The company has a quick ratio of 0.82, a current ratio of 0.85 and a debt-to-equity ratio of 0.61. Western Alliance Bancorporation has a 12-month low of $56.70 and a 12-month high of $98.10. The company has a market capitalization of $7.78 billion, a P/E ratio of 9.92, a PEG ratio of 0.63 and a beta of 1.29. The stock's 50 day simple moving average is $74.54 and its 200-day simple moving average is $83.30.

Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last issued its quarterly earnings data on Monday, April 21st. The financial services provider reported $1.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.78 by $0.01. Western Alliance Bancorporation had a return on equity of 13.14% and a net margin of 15.49%. The company had revenue of $790.10 million for the quarter, compared to the consensus estimate of $792.25 million. During the same quarter last year, the business posted $1.72 earnings per share.

Western Alliance Bancorporation Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, February 28th. Investors of record on Friday, February 14th were given a dividend of $0.38 per share. The ex-dividend date was Friday, February 14th. This represents a $1.52 annualized dividend and a yield of 2.16%. Western Alliance Bancorporation's payout ratio is 20.85%.

Hedge Funds Weigh In On Western Alliance Bancorporation

Several institutional investors and hedge funds have recently bought and sold shares of WAL. HWG Holdings LP bought a new position in Western Alliance Bancorporation during the 1st quarter worth approximately $25,000. SBI Securities Co. Ltd. bought a new stake in shares of Western Alliance Bancorporation in the 4th quarter worth approximately $26,000. Smartleaf Asset Management LLC grew its position in shares of Western Alliance Bancorporation by 56.0% in the 4th quarter. Smartleaf Asset Management LLC now owns 326 shares of the financial services provider's stock worth $27,000 after buying an additional 117 shares during the last quarter. Fifth Third Bancorp grew its position in shares of Western Alliance Bancorporation by 70.1% in the 4th quarter. Fifth Third Bancorp now owns 330 shares of the financial services provider's stock worth $28,000 after buying an additional 136 shares during the last quarter. Finally, Tsfg LLC bought a new stake in shares of Western Alliance Bancorporation in the 1st quarter worth approximately $33,000. 79.15% of the stock is currently owned by institutional investors.

Western Alliance Bancorporation Company Profile

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 through Commercial and Consumer Related 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; demand deposits; and treasury management and residential mortgage products and services.