Brokers Set Expectations for WAL Q1 Earnings

Western Alliance Bancorporation (NYSE:WAL) – Analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Western Alliance Bancorporation in a research note issued on Thursday, January 30th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $1.74 per share for the quarter. DA Davidson has a “Buy” rating and a $106.00 price objective on the stock. The consensus estimate for Western Alliance Bancorporation’s current full-year earnings is $8.86 per share.

Western Alliance Bancorporation (NYSE:WAL) last announced its quarterly earnings results on Monday, January 27th. The financial services provider reported $1.95 earnings per share for the quarter, beating analysts’ consensus estimates of $1.92 by $0.03. Western Alliance Bancorporation had a net margin of 15.49% and a return on equity of 13.14%.

WAL has been the subject of a number of other research reports. Piper Sandler decreased their price target on Western Alliance Bancorporation from $102.00 to $101.00 and set an “overweight” rating for the company in a report on Monday, October 21st. UBS Group initiated coverage on shares of Western Alliance Bancorporation in a research note on Tuesday, December 17th. They set a “buy” rating and a $115.00 price target on the stock. Wells Fargo & Company dropped their target price on Western Alliance Bancorporation from $102.00 to $95.00 and set an “equal weight” rating on the stock in a research report on Monday, January 6th. Truist Financial reduced their price target on Western Alliance Bancorporation from $100.00 to $95.00 and set a “buy” rating for the company in a report on Monday, October 21st. Finally, StockNews.com raised Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research report on Wednesday. Two research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $97.07.

Western Alliance Bancorporation Stock Down 1.7 %

Shares of Western Alliance Bancorporation stock opened at $87.84 on Friday. Western Alliance Bancorporation has a twelve month low of $53.75 and a twelve month high of $98.10. The stock has a market cap of $9.67 billion, a price-to-earnings ratio of 12.37, a price-to-earnings-growth ratio of 0.84 and a beta of 1.46. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. The company has a fifty day moving average price of $88.07 and a 200 day moving average price of $84.32.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Creative Planning boosted its position in shares of Western Alliance Bancorporation by 6.1% during the second quarter. Creative Planning now owns 5,756 shares of the financial services provider’s stock worth $362,000 after buying an additional 330 shares during the period. Sanctuary Advisors LLC acquired a new position in Western Alliance Bancorporation during the 2nd quarter valued at about $221,000. SG Americas Securities LLC acquired a new position in Western Alliance Bancorporation during the 3rd quarter valued at about $722,000. GAMMA Investing LLC raised its position in shares of Western Alliance Bancorporation by 124.1% during the 3rd quarter. GAMMA Investing LLC now owns 1,134 shares of the financial services provider’s stock worth $98,000 after buying an additional 628 shares in the last quarter. Finally, Atomi Financial Group Inc. bought a new position in Western Alliance Bancorporation during the third quarter valued at about $229,000. Institutional investors own 79.15% of the company’s stock.

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.