Western Alliance Bancorporation (NYSE:WAL) Forecasted to Earn Q1 2025 Earnings of $2.14 Per Share

Western Alliance Bancorporation (NYSE:WAL) – Wedbush upped their Q1 2025 earnings per share (EPS) estimates for shares of Western Alliance Bancorporation in a research report issued to clients and investors on Monday, June 24th. Wedbush analyst D. Chiaverini now anticipates that the financial services provider will post earnings of $2.14 per share for the quarter, up from their previous forecast of $2.13. Wedbush currently has a “Outperform” rating and a $70.00 target price on the stock. The consensus estimate for Western Alliance Bancorporation’s current full-year earnings is $7.44 per share. Wedbush also issued estimates for Western Alliance Bancorporation’s Q3 2025 earnings at $2.42 EPS and Q4 2025 earnings at $2.53 EPS.

Western Alliance Bancorporation (NYSE:WAL) last released its quarterly earnings data on Friday, April 19th. The financial services provider reported $1.72 EPS for the quarter, beating the consensus estimate of $1.69 by $0.03. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $711.34 million. Western Alliance Bancorporation had a return on equity of 14.77% and a net margin of 16.50%. During the same period last year, the company posted $2.30 earnings per share.

Other equities research analysts have also issued research reports about the stock. DA Davidson cut their target price on shares of Western Alliance Bancorporation from $85.00 to $78.00 and set a “buy” rating on the stock in a research note on Monday, April 22nd. Wells Fargo & Company decreased their target price on Western Alliance Bancorporation from $72.00 to $68.00 and set an “equal weight” rating for the company in a research report on Wednesday, April 10th. Stephens reissued an “overweight” rating and set a $82.00 price target on shares of Western Alliance Bancorporation in a research report on Friday, April 19th. Royal Bank of Canada decreased their price objective on shares of Western Alliance Bancorporation from $78.00 to $76.00 and set an “outperform” rating for the company in a report on Monday, April 22nd. Finally, Barclays dropped their target price on shares of Western Alliance Bancorporation from $91.00 to $86.00 and set an “overweight” rating on the stock in a report on Tuesday, April 23rd. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $72.47.

Western Alliance Bancorporation Trading Up 0.7 %

NYSE:WAL opened at $60.75 on Thursday. Western Alliance Bancorporation has a one year low of $35.15 and a one year high of $70.23. The company has a debt-to-equity ratio of 1.21, a quick ratio of 0.87 and a current ratio of 0.90. The stock has a market cap of $6.69 billion, a price-to-earnings ratio of 8.86, a price-to-earnings-growth ratio of 1.14 and a beta of 1.46. The business’s 50-day simple moving average is $60.77 and its 200 day simple moving average is $61.29.

Hedge Funds Weigh In On Western Alliance Bancorporation

Several large investors have recently made changes to their positions in WAL. Westwood Holdings Group Inc. grew its position in Western Alliance Bancorporation by 51.8% in the first quarter. Westwood Holdings Group Inc. now owns 333,204 shares of the financial services provider’s stock worth $21,388,000 after buying an additional 113,727 shares during the last quarter. Plato Investment Management Ltd increased its stake in Western Alliance Bancorporation by 246.1% in the 1st quarter. Plato Investment Management Ltd now owns 1,883 shares of the financial services provider’s stock worth $121,000 after purchasing an additional 1,339 shares in the last quarter. Black Maple Capital Management LP purchased a new stake in Western Alliance Bancorporation during the first quarter valued at about $4,018,000. Price T Rowe Associates Inc. MD lifted its stake in Western Alliance Bancorporation by 16.3% during the first quarter. Price T Rowe Associates Inc. MD now owns 5,112,376 shares of the financial services provider’s stock valued at $328,165,000 after buying an additional 717,242 shares in the last quarter. Finally, Hood River Capital Management LLC boosted its holdings in shares of Western Alliance Bancorporation by 5.9% in the first quarter. Hood River Capital Management LLC now owns 1,641,660 shares of the financial services provider’s stock worth $105,378,000 after buying an additional 91,535 shares during the period. Institutional investors own 79.15% of the company’s stock.

Insiders Place Their Bets

In related news, CAO J. Kelly Jr. Ardrey sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 23rd. The shares were sold at an average price of $64.20, for a total transaction of $64,200.00. Following the transaction, the chief accounting officer now owns 5,636 shares in the company, valued at $361,831.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 2.75% of the stock is owned by insiders.

Western Alliance Bancorporation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 31st. Shareholders of record on Thursday, May 16th were paid a dividend of $0.37 per share. The ex-dividend date was Wednesday, May 15th. This represents a $1.48 annualized dividend and a yield of 2.44%. Western Alliance Bancorporation’s payout ratio is 21.57%.

About Western Alliance Bancorporation

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. It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.