Western Alliance Bancorp WAL
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Heather Kelly Appointed as Head of Western Alliance Bank’s Business Escrow Services Group
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Western Alliance Bancorporation Reports First Quarter 2024 Financial Results
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Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast
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Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid
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Fed's interest-rate decision makes bank stocks more attractive: analyst
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First Horizon, Popular, East West Bancorp, Western Alliance get top billing as Citi flags undervalued regional banks
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NYCB's stock continues its slide despite analyst's vote of confidence
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Bret Rathwick and Michael Anthony Join Commercial and Industrial Team at Western Alliance Bank
Trading Information
- Previous Close Price
- $59.37
- Day Range
- $57.70–59.01
- 52-Week Range
- $11.35–67.60
- Bid/Ask
- $57.85 / $58.84
- Market Cap
- $6.46 Bil
- Volume/Avg
- 623,925 / 1.5 Mil
Key Statistics
- Price/Earnings (Normalized)
- 7.91
- Price/Sales
- 2.86
- Dividend Yield (Trailing)
- 2.46%
- Dividend Yield (Forward)
- 2.49%
- Total Yield
- 2.46%
Company Profile
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking. Corporate & Other.
- Sector
- Financial Services
- Industry
- Banks - Regional
- Stock Style Box
- Small Value
- Total Number of Employees
- 3,260
Comparables
Valuation
Metric
|
WAL
|
PACW
|
WABC
|
---|---|---|---|
Price/Earnings (Normalized) | 7.91 | 5.05 | 7.87 |
Price/Book Value | 1.11 | 0.48 | 1.61 |
Price/Sales | 2.86 | 1.21 | 3.98 |
Price/Cash Flow | — | 2.07 | 7.37 |
Price/Earnings
WAL
PACW
WABC
Financial Strength
Metric
|
WAL
|
PACW
|
WABC
|
---|---|---|---|
Quick Ratio | — | — | — |
Current Ratio | — | — | — |
Interest Coverage | — | — | — |
Quick Ratio
No chart available
Profitability
Metric
|
WAL
|
PACW
|
WABC
|
---|---|---|---|
Return on Assets (Normalized) | 1.02% | 0.34% | 2.45% |
Return on Equity (Normalized) | 13.16% | 5.34% | 24.53% |
Return on Invested Capital (Normalized) | — | — | — |
Return on Assets
WAL
PACW
WABC
Banks - Regional Industry Comparables
Ticker
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Name
|
Morningstar Rating for Stocks
|
Capital Allocation
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Economic Moat
|
Market Cap
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