WAL Stock Analysis: Western Alliance | NYSE
Banks - Regional | NYSE, USA | Market Cap: 8.873m USD | 12M Return: 6% | US9576381092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 76.3M
EPS Trend: 37.0%
Qual. Beats: -2
Rev. Trend: 92.4%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Western Alliance Bancorporation (NYSE: WAL) is a Phoenix-based bank holding company founded in 1994 that operates Western Alliance Bank, primarily serving customers in Arizona, California, and Nevada. The company conducts business through two segments-Commercial and Consumer Related-and offers a full suite of deposit products, treasury management, residential mortgages, and a wide range of lending solutions, including commercial and industrial loans, commercial real estate loans, construction and land development financing, and consumer loans. Additional services include internet banking, wire transfers, electronic bill payment, lock box, and cash management, alongside investments in municipal loans, low-income housing tax credits, and small business investment corporations.
As a mid-cap U.S. regional bank, Western Alliance operates under the bank holding company regulatory framework overseen by the Federal Reserve, with its subsidiary bank subject to FDIC oversight. Its business model is centered on relationship-based commercial banking to small and middle-market businesses, with net interest income from loans and deposits typically representing the largest share of revenue at community and regional banks of this type.
- Net interest margin expands on asset-sensitive loan repricing
- Commercial real estate loan losses pressure credit provisions
- Deposit growth outpaces regional bank peers
| Net Income: 990.4m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 2.16 > 1.0 |
| NWC/Revenue: -1.68k% < 20% (prev -1.37k%; Δ -307.8% < -1%) |
| CFO/TA -0.02 > 3% & CFO -2.04b > Net Income 990.4m |
| Net Debt (-8.28b) to EBITDA (1.37b): -6.04 < 3 |
| Current Ratio: 0.01 > 1.5 & < 3 |
| Outstanding Shares: last quarter (109.3m) vs 12m ago -0.27% < -2% |
| Gross Margin: 56.57% > 18% (prev 59.92%; Δ -3.35% > 0.5%) |
| Asset Turnover: 5.54% > 50% (prev 5.86%; Δ -0.33% > 0%) |
| Interest Coverage Ratio: 0.69 > 6 (EBIT TTM 1.23b / Interest Expense TTM 1.78b) |
| A: -0.87 (Total Current Assets 959.0m - Total Current Liabilities 87.2b) / Total Assets 98.7b |
| B: 0.06 (Retained Earnings 5.95b / Total Assets 98.7b) |
| C: 0.01 (EBIT TTM 1.23b / Avg Total Assets 92.7b) |
| D: 0.09 (Book Value of Equity 7.84b / Total Liabilities 90.6b) |
| Altman-Z'' = -5.36 = D |
As of August 11, 2026, the stock is trading at USD 80.48 with a total of 606,778 shares traded. Over the past week, the price has changed by -2.83%, over one month by -0.26%, over three months by +5.18% and over the past year by +6.01%.
Current recommended Stop Loss: 76.90 (which is 4.4% or 1.6 ATR below the current price).
Western Alliance has received a consensus analysts rating of 4.20. Therefore, it is recommended to buy WAL.
- StrongBuy: 7
- Buy: 4
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 92.3 | 14.7% |
P/E Trailing = 9.1795
P/E Forward = 8.1169
P/S = 2.5446
P/B = 1.1757
P/EG = 1.4666
Revenue TTM = 5.13b USD
EBIT TTM = 1.23b USD
EBITDA TTM = 1.37b USD
Long Term Debt = 2.55b USD (from longTermDebt, last quarter)
Short Term Debt = 4.76b USD (from shortTermDebt, last quarter)
Debt = 7.60b USD (from shortLongTermDebtTotal, last quarter) + Leases 148.0m
Net Debt = -8.28b USD (calculated: Debt 7.60b - CCE 15.9b)
Enterprise Value = 595.2m USD (8.87b + Debt 7.60b - CCE 15.9b)
Interest Coverage Ratio = 0.69 (Ebit TTM 1.23b / Interest Expense TTM 1.78b)
EV/FCF = -0.27x (Enterprise Value 595.2m / FCF TTM -2.18b)
FCF Yield = -366.6% (FCF TTM -2.18b / Enterprise Value 595.2m)
FCF Margin = -42.50% (FCF TTM -2.18b / Revenue TTM 5.13b)
Net Margin = 19.29% (Net Income TTM 990.4m / Revenue TTM 5.13b)
Gross Margin = 56.57% ((Revenue TTM 5.13b - Cost of Revenue TTM 2.23b) / Revenue TTM)
Gross Margin QoQ = 41.99% (prev 55.92%)
Tobins Q-Ratio = 0.01 (Enterprise Value 595.2m / Total Assets 98.7b)
Interest Expense / Debt = 23.46% (Interest Expense 1.78b / Debt 7.60b)
Taxrate = 17.93% (221.1m / 1.23b)
NOPAT = 1.01b (EBIT 1.23b * (1 - 17.93%))
Current Ratio = 0.01 (Total Current Assets 959.0m / Total Current Liabilities 87.2b)
Debt / Equity = 0.97 (Debt 7.60b / totalStockholderEquity, last quarter 7.84b)
Debt / EBITDA = -6.04 (Net Debt -8.28b / EBITDA 1.37b)
Debt / FCF = 3.79 (negative FCF - burning cash) (Net Debt -8.28b / FCF TTM -2.18b)
Total Stockholder Equity = 7.63b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.07% (Net Income 990.4m / Total Assets 98.7b)
RoE = 12.99% (Net Income TTM 990.4m / Total Stockholder Equity 7.63b)
RoCE = 12.12% (EBIT 1.23b / Capital Employed (Equity 7.63b + L.T.Debt 2.55b))
RoIC = 1.03% (NOPAT 1.01b / Invested Capital 98.4b)
WACC = 14.86% (E(8.87b)/V(16.5b) * Re(11.09%) + D(7.60b)/V(16.5b) * Rd(23.46%) * (1-Tc(0.18)))
Discount Rate = 11.09% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 29.96 | Cagr: 0.12%
[DCF] Fair Price = unknown (Cash Flow -2.18b)
EPS Correlation: 37.00 | EPS CAGR: 4.52% | SUE: -0.92 | # QB: -2
Revenue Correlation: 92.40 | Revenue CAGR: 9.72% | SUE: -0.15 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.47 | Chg30d=-5.11% | Revisions=-50% | Analysts=12
EPS current Year (2026-12-31): EPS=8.95 | Chg30d=-2.60% | Revisions=-46% | GrowthEPS=+6.3% | GrowthRev=+12.8%
EPS next Year (2027-12-31): EPS=11.31 | Chg30d=-1.32% | Revisions=-50% | GrowthEPS=+26.4% | GrowthRev=+7.0%
[Analyst] Revisions Ratio: -57% (up=6, down=26)