Overview Dividends

(WAL) Western Alliance - Ratings and Ratios

Exchange: NYSE • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9576381092

Deposits, Loans, Treasury, Mortgage, Digital

Regional Banks
Market Cap in USD: 9,636m

IPO / Inception: 2005-06-30
Return 12m vs S&P 500: -4.35%

EPS (Earnings per Share)

EPS CAGR: -2.23%
EPS Trend: -33.6%

Last SUE: 0.32
Qual. Beats: 0

Revenue

Rev. CAGR: 26.43%
Rev. Trend: 91.7%

Last SUE: 0.75
Qual. Beats: 0

Dividends

Dividend Yield	1.74%
Yield on Cost 5y	2.52%
Yield CAGR 5y	6.78%
Payout Consistency	100.0%
Payout Ratio	20.1%

Risk via 5d forecast
Volatility	44.2%
Value at Risk 5%th	63.0%
Relative Tail Risk	-13.27%

Reward TTM
Sharpe Ratio	0.38
Alpha	-14.21
CAGR/Max DD	0.18

Character TTM
Hurst Exponent	0.480
Beta	1.485
Beta Downside	1.636

Drawdowns 3y
Max DD	77.31%
Mean DD	22.17%
Median DD	18.36%

Description: WAL Western Alliance January 07, 2026

Western Alliance Bancorporation (NYSE: WAL) is a bank holding company headquartered in Phoenix, Arizona, that serves customers primarily in Arizona, California, and Nevada through its Commercial and Consumer segments. Its core business includes traditional deposit products (checking, savings, money-market and certificates of deposit) and a broad suite of loan offerings ranging from working-capital lines and equipment financing to commercial-real-estate and construction loans.

The bank’s loan portfolio is diversified across commercial-industrial (including technology-sector lines), multifamily and other CRE assets, as well as consumer loans and mortgage-related services. In addition, Western Alliance provides treasury-management, digital-payment, lock-box, and cash-management solutions, and holds a modest portfolio of investment securities, municipal loans, and low-income-housing tax-credit investments.

Recent filings (Q4 2023) show a net interest margin of roughly 3.6%, total loans of about $45 billion and deposit growth of 8% YoY, with a loan-to-deposit ratio near 84%-indicating solid liquidity but notable exposure to commercial-real-estate, which now represents ~30% of the loan book. The company’s earnings are therefore sensitive to Federal Reserve rate policy and regional CRE market health, both of which have been volatile in 2024. For a deeper quantitative view, the ValueRay platform offers granular, real-time metrics that can help you test these assumptions.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income (899.8m TTM) > 0 and > 6% of Revenue (6% = 310.6m TTM)

FCFTA -0.04 (>2.0%) and ΔFCFTA -1.33pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)

NWC/Revenue -1455 % (prev -1279 %; Δ -176.0pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)

CFO/TA -0.04 (>3.0%) and CFO -3.23b <= Net Income 899.8m (YES >=105%, WARN >=100%)

Net Debt (-1.05b) to EBITDA (1.24b) ratio: -0.84 <= 3.0 (WARN <= 3.5)

Current Ratio 0.07 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)

Outstanding Shares last Quarter (109.8m) change vs 12m ago 0.27% (target <= -2.0% for YES)

Gross Margin 60.26% (prev 58.79%; Δ 1.48pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)

Asset Turnover 6.05% (prev 6.04%; Δ 0.01pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)

Interest Coverage Ratio 0.60 (EBITDA TTM 1.24b / Interest Expense TTM 1.85b) >= 6 (WARN >= 3)

Altman Z'' -5.06

(A) -0.83 = (Total Current Assets 5.76b - Total Current Liabilities 81.11b) / Total Assets 90.97b

(B) 0.06 = Retained Earnings (Balance) 5.37b / Total Assets 90.97b

(D) 0.09 = Book Value of Equity 7.10b / Total Liabilities 83.28b

Total Rating: -5.06 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 43.75

1. Piotroski 4.0pt

2. FCF Yield -38.70%

3. FCF Margin -64.19%

4. Debt/Equity 0.64

5. Debt/Ebitda -0.84

6. ROIC - WACC (= -3.05)%

7. RoE 12.79%

8. Rev. Trend 91.71%

9. EPS Trend -33.62%

What is the price of WAL shares?

As of January 09, 2026, the stock is trading at USD 89.72 with a total of 1,064,645 shares traded.
Over the past week, the price has changed by +4.97%, over one month by +6.51%, over three months by +9.52% and over the past year by +13.20%.

Is WAL a buy, sell or hold?

Western Alliance has received a consensus analysts rating of 4.53. Therefore, it is recommended to buy WAL.

Strong Buy: 9
Buy: 5
Hold: 1
Sell: 0
Strong Sell: 0

What are the forecasts/targets for the WAL price?

Issuer	Target	Up/Down from current
Wallstreet Target Price	101.3	12.9%
Analysts Target Price	101.3	12.9%
ValueRay Target Price	90.4	0.7%

WAL Fundamental Data Overview January 07, 2026

P/E Trailing = 10.5574
P/E Forward = 8.2169
P/S = 3.0214
P/B = 1.3245
P/EG = 1.84
Beta = 1.334
Revenue TTM = 5.18b USD
EBIT TTM = 1.11b USD
EBITDA TTM = 1.24b USD
Long Term Debt = 3.58b USD (from longTermDebt, last quarter)
Short Term Debt = 3.86b USD (from shortTermDebt, last quarter)
Debt = 4.71b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -1.05b USD (from netDebt column, last quarter)
Enterprise Value = 8.59b USD (9.64b + Debt 4.71b - CCE 5.76b)
Interest Coverage Ratio = 0.60 (Ebit TTM 1.11b / Interest Expense TTM 1.85b)
FCF Yield = -38.70% (FCF TTM -3.32b / Enterprise Value 8.59b)
FCF Margin = -64.19% (FCF TTM -3.32b / Revenue TTM 5.18b)
Net Margin = 17.38% (Net Income TTM 899.8m / Revenue TTM 5.18b)
Gross Margin = 60.26% ((Revenue TTM 5.18b - Cost of Revenue TTM 2.06b) / Revenue TTM)
Gross Margin QoQ = 60.30% (prev 61.27%)
Tobins Q-Ratio = 0.09 (Enterprise Value 8.59b / Total Assets 90.97b)
Interest Expense / Debt = 10.09% (Interest Expense 475.1m / Debt 4.71b)
Taxrate = 16.99% (53.3m / 313.8m)
NOPAT = 922.2m (EBIT 1.11b * (1 - 16.99%))
Current Ratio = 0.07 (Total Current Assets 5.76b / Total Current Liabilities 81.11b)
Debt / Equity = 0.64 (Debt 4.71b / totalStockholderEquity, last quarter 7.40b)
Debt / EBITDA = -0.84 (Net Debt -1.05b / EBITDA 1.24b)
Debt / FCF = 0.32 (negative FCF - burning cash) (Net Debt -1.05b / FCF TTM -3.32b)
Total Stockholder Equity = 7.04b (last 4 quarters mean from totalStockholderEquity)
RoA = 1.05% (Net Income 899.8m / Total Assets 90.97b)
RoE = 12.79% (Net Income TTM 899.8m / Total Stockholder Equity 7.04b)
RoCE = 10.46% (EBIT 1.11b / Capital Employed (Equity 7.04b + L.T.Debt 3.58b))
RoIC = 7.42% (NOPAT 922.2m / Invested Capital 12.43b)
WACC = 10.47% (E(9.64b)/V(14.34b) * Re(11.49%) + D(4.71b)/V(14.34b) * Rd(10.09%) * (1-Tc(0.17)))
Discount Rate = 11.49% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 100.0 | Cagr: 0.50%
Fair Price DCF = unknown (Cash Flow -3.32b)
EPS Correlation: -33.62 | EPS CAGR: -2.23% | SUE: 0.32 | # QB: 0
Revenue Correlation: 91.71 | Revenue CAGR: 26.43% | SUE: 0.75 | # QB: 0
EPS next Quarter (2026-03-31): EPS=2.29 | Chg30d=-0.016 | Revisions Net=-5 | Analysts=14
EPS next Year (2026-12-31): EPS=10.34 | Chg30d=-0.048 | Revisions Net=-6 | Growth EPS=+23.7% | Growth Revenue=+8.8%

Additional Sources for WAL Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle