WAL Stock Analysis: Western Alliance | NYSE
Banks - Regional | NYSE, USA | Market Cap: 8.129m USD | 12M Return: -0.3% | US9576381092 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 88.3M
EPS Trend: 37.0%
Qual. Beats: -2
Rev. Trend: 87.7%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.7 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 runs two segments-Commercial and Consumer Related-offering deposit products, treasury management, residential mortgages, and a broad range of lending solutions including commercial and industrial loans, commercial real estate loans, construction and land development financing, and consumer loans. It also provides digital banking, cash management, and treasury services, while holding investment securities and tax credit investments.
As a mid-cap regional bank in the financials sector, Western Alliance focuses on relationship-based commercial banking to small and middle-market businesses, specialized commercial institutions, and investors. Like other U.S. bank holding companies, it operates under federal regulatory oversight from the Federal Reserve and benefits from a community-banking model that emphasizes local market knowledge and tailored lending products within its core Southwestern footprint.
- Net interest margin compresses as deposit costs outpace asset repricing
- Commercial real estate office loan losses pressure credit quality
- Mortgage warehouse lending volume declines with slowing home purchase activity
| Net Income: 1.01b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.02 > 0.02 and ΔFCF/TA 2.48 > 1.0 |
| NWC/Revenue: -1.07k% < 20% (prev -1.26k%; Δ 193.3% < -1%) |
| CFO/TA -0.02 > 3% & CFO -1.53b > Net Income 1.01b |
| Net Debt (-18.9b) to EBITDA (1.39b): -13.65 < 3 |
| Current Ratio: 0.32 > 1.5 & < 3 |
| Outstanding Shares: last quarter (107.8m) vs 12m ago -1.82% < -2% |
| Gross Margin: 57.61% > 18% (prev 60.26%; Δ -2.66% > 0.5%) |
| Asset Turnover: 5.50% > 50% (prev 5.69%; Δ -0.19% > 0%) |
| Interest Coverage Ratio: 0.72 > 6 (EBIT TTM 1.26b / Interest Expense TTM 1.76b) |
| A: -0.57 (Total Current Assets 25.6b - Total Current Liabilities 81.0b) / Total Assets 98.1b |
| B: 0.06 (Retained Earnings 6.17b / Total Assets 98.1b) |
| C: 0.01 (EBIT TTM 1.26b / Avg Total Assets 94.5b) |
| D: 0.08 (Book Value of Equity 7.65b / Total Liabilities 90.1b) |
| Altman-Z'' = -3.32 = D |
As of October 20, 2026, the stock is trading at USD 73.63 with a total of 1,491,935 shares traded. Over the past week, the price has changed by -1.42%, over one month by -6.38%, over three months by -8.60% and over the past year by -0.32%.
Current recommended Stop Loss: 70.60 (which is 4.1% or 1.4 ATR below the current price).
Western Alliance has received a consensus analysts rating of 4.19. Therefore, it is recommended to buy WAL.
- StrongBuy: 7
- Buy: 5
- Hold: 4
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 90.6 | 23% |
P/E Trailing = 8.4097
P/E Forward = 6.5746
P/S = 2.3312
P/B = 1.0929
P/EG = 1.4666
Revenue TTM = 5.20b USD
EBIT TTM = 1.26b USD
EBITDA TTM = 1.39b USD
Long Term Debt = 6.32b USD (from longTermDebt, last fiscal year)
Short Term Debt = 3.88b USD (from shortTermDebt, last fiscal year)
Debt = 6.62b USD (from shortLongTermDebtTotal, last fiscal year) + Leases 148.0m
Net Debt = -18.9b USD (calculated: Debt 6.62b - CCE 25.6b)
Enterprise Value = 8.13b USD (floored to Market Cap, CCE > MCap+Debt)
Interest Coverage Ratio = 0.72 (Ebit TTM 1.26b / Interest Expense TTM 1.76b)
EV/FCF = -4.92x (Enterprise Value 8.13b / FCF TTM -1.65b)
FCF Yield = -20.30% (FCF TTM -1.65b / Enterprise Value 8.13b)
FCF Margin = -31.74% (FCF TTM -1.65b / Revenue TTM 5.20b)
Net Margin = 19.37% (Net Income TTM 1.01b / Revenue TTM 5.20b)
Gross Margin = 57.61% ((Revenue TTM 5.20b - Cost of Revenue TTM 2.20b) / Revenue TTM)
Gross Margin QoQ = 63.82% (prev 41.99%)
Tobins Q-Ratio = 0.08 (Enterprise Value 8.13b / Total Assets 98.1b)
Interest Expense / Debt = 26.54% (Interest Expense 1.76b / Debt 6.62b)
Taxrate = 18.26% (229.7m / 1.26b)
NOPAT = 1.03b (EBIT 1.26b * (1 - 18.26%))
Current Ratio = 0.32 (Total Current Assets 25.6b / Total Current Liabilities 81.0b)
Debt / Equity = 0.87 (Debt 6.62b / totalStockholderEquity, last quarter 7.65b)
Debt / EBITDA = -13.65 (Net Debt -18.9b / EBITDA 1.39b)
Debt / FCF = 11.48 (negative FCF - burning cash) (Net Debt -18.9b / FCF TTM -1.65b)
Total Stockholder Equity = 7.69b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.07% (Net Income 1.01b / Total Assets 98.1b)
RoE = 13.09% (Net Income TTM 1.01b / Total Stockholder Equity 7.69b)
RoCE = 8.98% (EBIT 1.26b / Capital Employed (Equity 7.69b + L.T.Debt 6.32b))
RoIC = 4.97% (NOPAT 1.03b / Invested Capital 20.7b)
WACC = 15.40% (E(8.13b)/V(14.8b) * Re(10.27%) + D(6.62b)/V(14.8b) * Rd(26.54%) * (1-Tc(0.18)))
Discount Rate = 10.27% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -48.72 | Cagr: -0.53%
[DCF] Fair Price = unknown (Cash Flow -1.65b)
EPS Correlation: 37.00 | EPS CAGR: 4.52% | SUE: -0.92 | # QB: -2
Revenue Correlation: 87.70 | Revenue CAGR: 7.28% | SUE: 0.68 | # QB: 0
EPS current Quarter (2026-09-30): EPS=2.43 | Chg30d=-0.92% | Revisions=-31% | Analysts=13
EPS current Year (2026-12-31): EPS=8.85 | Chg30d=-0.72% | Revisions=-58% | GrowthEPS=+5.1% | GrowthRev=+12.5%
EPS next Year (2027-12-31): EPS=11.05 | Chg30d=-2.10% | Revisions=-46% | GrowthEPS=+24.9% | GrowthRev=+6.3%
[Analyst] Revisions Ratio: -53% (up=6, down=23)