Western Alliance Bancorporation Stock Today

WAL Stock  USD 84.75  0.07  0.08%   

Performance

0 of 100

 
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Odds Of Distress

Less than 5

 
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Western Alliance is selling for 84.75 as of the 25th of December 2024. This is a 0.08% down since the beginning of the trading day. The stock's lowest day price was 83.42. Western Alliance has under 5 % chance of experiencing financial distress over the next 2 years, but has generated negative returns over the last 90 days. Note, on December 13, 2024, Representative Lance Gooden of US Congress acquired $50k to $100k worth of Western Alliance Ban's common stock.
Business Domain
Banks
IPO Date
30th of June 2005
Category
Financial Services
Classification
Financials
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. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona. The company has 110.07 M outstanding shares of which 6.48 M shares are at this time shorted by investors with about 6.35 days to cover. More on Western Alliance Bancorporation

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Western Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEOKenneth Vecchione
Old Names[WALTER ENERGY , WALTER ENERGY , WALTER ENERGY (WAL.SG), WALTER ENERGY - Frankfurt Stock Exchang, Wavenet International Limited]
Business ConcentrationRegional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Midcap 400, Financials, Banks, Banks—Regional, Financial Services (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.00580.0102
Way Down
Pretty Stable
Asset Turnover0.02850.0361
Significantly Down
Pretty Stable
Gross Profit Margin0.770.9
Fairly Down
Slightly volatile
Total Current Liabilities32 B30.4 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total68 B64.8 B
Sufficiently Up
Slightly volatile
Total Assets74.4 B70.9 B
Sufficiently Up
Slightly volatile
Total Current Assets1.5 B1.6 B
Notably Down
Very volatile
Debt Levels
Western Alliance can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Western Alliance's financial leverage. It provides some insight into what part of Western Alliance's total assets is financed by creditors.
Liquidity
Western Alliance Bancorporation has 8.12 B in debt with debt to equity (D/E) ratio of 0.23, which may show that the company is not taking advantage of profits from borrowing. Note however, debt could still be an excellent tool for Western to invest in growth at high rates of return.

Depreciation

90.83 Million
Western Alliance Bancorporation (WAL) is traded on New York Stock Exchange in USA. It is located in One East Washington Street, Phoenix, AZ, United States, 85004 and employs 3,426 people. Western Alliance is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 9.33 B. Western Alliance Ban runs under Banks sector within Financials industry. The entity has 110.07 M outstanding shares of which 6.48 M shares are at this time shorted by investors with about 6.35 days to cover. Western Alliance Bancorporation has about 1.61 B in cash with (328.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.91.
Check Western Alliance Probability Of Bankruptcy
Ownership Allocation
Western Alliance Bancorporation retains a total of 110.07 Million outstanding shares. The majority of Western Alliance outstanding shares are owned by institutional investors. These institutions are usually referred to as non-private investors looking to purchase positions in Western Alliance Ban to benefit from reduced commissions. Consequently, other corporate entities are subject to a different set of regulations than regular investors in Western Alliance Bancorporation. Please pay attention to any change in the institutional holdings of Western Alliance Ban as this could imply that something significant has changed or is about to change at the company. Please note that on December 13, 2024, Representative Lance Gooden of US Congress acquired $50k to $100k worth of Western Alliance Ban's common stock.
Check Western Ownership Details

Western Stock Institutional Holders

InstituionRecorded OnShares
Wellington Management Company Llp2024-09-30
2.3 M
Hhg Plc2024-09-30
1.9 M
Geode Capital Management, Llc2024-09-30
1.9 M
Vaughan Nelson Scarbrgh & Mccullough Lp2024-09-30
1.8 M
Smead Capital Management Inc2024-09-30
1.4 M
Hood River Capital Management Llc2024-09-30
1.2 M
Barrow Hanley Mewhinney & Strauss Llc2024-09-30
1.2 M
Norges Bank2024-06-30
1.1 M
Marshall Wace Asset Management Ltd2024-09-30
1.1 M
Vanguard Group Inc2024-09-30
10.7 M
T. Rowe Price Associates, Inc.2024-09-30
5.8 M
View Western Alliance Diagnostics

Western Alliance Historical Income Statement

At this time, Western Alliance's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 221.8 M this year, although the value of Minority Interest will most likely fall to about 180.4 K. View More Fundamentals

Western Stock Against Markets

Western Alliance Corporate Directors

Steven HiltonIndependent DirectorProfile
Marianne JohnsonIndependent DirectorProfile
Donald SnyderIndependent DirectorProfile
Bruce BeachLead Independent DirectorProfile

Already Invested in Western Alliance Bancorporation?

The danger of trading Western Alliance Bancorporation is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Western Alliance is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Western Alliance. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Western Alliance Ban is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
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Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.48
Earnings Share
6.47
Revenue Per Share
26.821
Quarterly Revenue Growth
0.121
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.