Western Alliance Bancorporation (NYSE:WAL) Issues Quarterly Earnings Results

Posted by Brian Himes on Jul 21st, 2026

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) announced its quarterly earnings data on Tuesday. The financial services provider reported $2.36 EPS for the quarter, beating analysts’ consensus estimates of $2.33 by $0.03, FiscalAI reports. Western Alliance Bancorporation had a net margin of 17.03% and a return on equity of 13.58%. The company had revenue of $995.70 million for the quarter, compared to the consensus estimate of $980.53 million. During the same period in the prior year, the firm posted $2.07 EPS. The company’s quarterly revenue was up 17.7% compared to the same quarter last year.

Western Alliance Bancorporation Stock Performance

WAL traded down $0.32 on Tuesday, reaching $80.65. The company had a trading volume of 1,472,596 shares, compared to its average volume of 1,211,714. Western Alliance Bancorporation has a 1 year low of $65.82 and a 1 year high of $97.23. The stock has a market capitalization of $8.81 billion, a PE ratio of 9.39, a P/E/G ratio of 0.75 and a beta of 1.34. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 0.88. The stock has a 50-day moving average price of $80.03 and a 200-day moving average price of $81.25.

Western Alliance Bancorporation Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 14th were paid a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a yield of 2.1%. The ex-dividend date was Thursday, May 14th. Western Alliance Bancorporation’s dividend payout ratio (DPR) is currently 19.56%.

Analysts Set New Price Targets

A number of equities analysts recently commented on WAL shares. DA Davidson lowered their target price on shares of Western Alliance Bancorporation from $93.00 to $90.00 and set a “buy” rating for the company in a research note on Wednesday, May 13th. Piper Sandler cut their price target on Western Alliance Bancorporation from $94.00 to $92.00 and set an “overweight” rating on the stock in a research note on Monday, April 27th. UBS Group lifted their price target on Western Alliance Bancorporation from $75.00 to $80.00 and gave the stock a “neutral” rating in a report on Monday, April 27th. Barclays dropped their price objective on 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, Keefe, Bruyette & Woods raised their target price on Western Alliance Bancorporation from $93.00 to $94.00 and gave the stock an “outperform” rating in a research report on Thursday, April 23rd. Ten research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $94.00.

Get Our Latest Stock Analysis on WAL

Insider Activity

In other Western Alliance Bancorporation news, CAO Ben Mucha sold 5,946 shares of the firm’s stock in a transaction dated Monday, June 8th. The stock was sold at an average price of $81.00, for a total transaction of $481,626.00. Following the transaction, the chief accounting officer owned 3,485 shares of the company’s stock, valued at approximately $282,285. This trade represents a 63.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 2.76% of the company’s stock.

Institutional Trading of Western Alliance Bancorporation

A number of large investors have recently made changes to their positions in the company. UMB Bank n.a. grew its position in Western Alliance Bancorporation by 49.8% in the 4th quarter. UMB Bank n.a. now owns 1,676 shares of the financial services provider’s stock valued at $141,000 after buying an additional 557 shares during the last quarter. Quarry LP purchased a new position in Western Alliance Bancorporation during the 4th quarter worth $69,000. Smartleaf Asset Management LLC lifted its stake in shares of Western Alliance Bancorporation by 390.3% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,172 shares of the financial services provider’s stock worth $184,000 after acquiring an additional 1,729 shares during the period. National Bank of Canada FI lifted its stake in shares of Western Alliance Bancorporation by 43.5% in the 3rd quarter. National Bank of Canada FI now owns 818 shares of the financial services provider’s stock worth $71,000 after acquiring an additional 248 shares during the period. Finally, State of Wyoming purchased a new stake in shares of Western Alliance Bancorporation in the second quarter valued at about $139,000. 79.15% of the stock is owned by institutional investors and hedge funds.

Western Alliance Bancorporation Company Profile

(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.