Western Alliance Bancorporation (NYSE:WAL) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Posted by Geri Gentry on May 23rd, 2026

Shares of Western Alliance Bancorporation (NYSE:WAL – Get Free Report) have been given an average recommendation of “Moderate Buy” by the fourteen research firms that are presently covering the company, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $92.9286.

A number of research firms recently commented on WAL. Keefe, Bruyette & Woods boosted their price objective on shares of Western Alliance Bancorporation from $93.00 to $94.00 and gave the stock an “outperform” rating in a report on Thursday, April 23rd. iA Financial set a $101.00 price objective on shares of Western Alliance Bancorporation in a report on Wednesday, January 28th. Wells Fargo & Company raised shares of Western Alliance Bancorporation from an “underweight” rating to an “equal weight” rating and decreased their price objective for the stock from $83.00 to $79.00 in a report on Monday, March 9th. Barclays decreased their price objective on shares of Western Alliance Bancorporation from $90.00 to $88.00 and set an “overweight” rating on the stock in a report on Tuesday, April 7th. Finally, National Alliance Securities reissued a “buy” rating on shares of Western Alliance Bancorporation in a report on Friday, March 6th.

Read Our Latest Stock Report on Western Alliance Bancorporation

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quent Capital LLC purchased a new position in shares of Western Alliance Bancorporation during the 3rd quarter worth approximately $26,000. Root Financial Partners LLC purchased a new stake in Western Alliance Bancorporation in the 3rd quarter valued at approximately $27,000. Clearstead Advisors LLC lifted its stake in Western Alliance Bancorporation by 144.6% in the 4th quarter. Clearstead Advisors LLC now owns 411 shares of the financial services provider’s stock valued at $35,000 after buying an additional 243 shares in the last quarter. Community Bank N.A. purchased a new stake in Western Alliance Bancorporation in the 3rd quarter valued at approximately $37,000. Finally, Smartleaf Asset Management LLC lifted its stake in Western Alliance Bancorporation by 113.0% in the 3rd quarter. Smartleaf Asset Management LLC now owns 443 shares of the financial services provider’s stock valued at $39,000 after buying an additional 235 shares in the last quarter. 79.15% of the stock is owned by hedge funds and other institutional investors.

Western Alliance Bancorporation Stock Up 0.2%

WAL stock opened at $78.70 on Monday. The company has a market cap of $8.59 billion, a P/E ratio of 9.16, a P/E/G ratio of 0.59 and a beta of 1.37. Western Alliance Bancorporation has a 52 week low of $65.82 and a 52 week high of $97.23. The company’s 50-day moving average price is $75.04 and its 200 day moving average price is $81.68. The company has a current ratio of 0.86, a quick ratio of 0.81 and a debt-to-equity ratio of 0.88.

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The financial services provider reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.74. The firm had revenue of $968.40 million for the quarter, compared to the consensus estimate of $944.18 million. Western Alliance Bancorporation had a net margin of 17.03% and a return on equity of 13.58%. The firm’s revenue was up 31.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.79 earnings per share. On average, research analysts expect that Western Alliance Bancorporation will post 9.87 earnings per share for the current fiscal year.

Western Alliance Bancorporation Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Thursday, May 14th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Thursday, May 14th. Western Alliance Bancorporation’s dividend payout ratio is 19.56%.

About Western Alliance Bancorporation

(Get Free Report)

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.

The company’s core offerings include deposit products, treasury management and a variety of lending services.