Great Lakes Advisors LLC Takes $1.47 Million Position in Western Alliance Bancorporation $WAL

Posted by Brian Himes on Aug 22nd, 2026

Great Lakes Advisors LLC acquired a new position in shares of Western Alliance Bancorporation (NYSE:WAL – Free Report) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 17,886 shares of the financial services provider’s stock, valued at approximately $1,470,000.

Several other institutional investors also recently made changes to their positions in WAL. Independent Financial Group LLC acquired a new stake in shares of Western Alliance Bancorporation during the first quarter valued at $924,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Western Alliance Bancorporation by 2,313.2% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 18,895 shares of the financial services provider’s stock worth $1,589,000 after buying an additional 18,112 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in Western Alliance Bancorporation by 635.0% during the 1st quarter. Hsbc Holdings PLC now owns 48,366 shares of the financial services provider’s stock worth $3,409,000 after buying an additional 41,786 shares during the last quarter. Focus Partners Advisor Solutions LLC acquired a new stake in Western Alliance Bancorporation during the second quarter worth about $1,877,000. Finally, Hillsdale Investment Management Inc. bought a new stake in Western Alliance Bancorporation in the 1st quarter valued at about $3,450,000. 79.15% of the stock is currently owned by hedge funds and other institutional investors.

Western Alliance Bancorporation Trading Up 0.8%

Shares of WAL opened at $79.78 on Friday. The stock’s fifty day simple moving average is $81.41 and its 200-day simple moving average is $80.22. The firm has a market capitalization of $8.70 billion, a PE ratio of 8.98, a price-to-earnings-growth ratio of 0.76 and a beta of 1.34. Western Alliance Bancorporation has a 12-month low of $65.82 and a 12-month high of $97.23. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 0.93.

Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last announced its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.36 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.36. Western Alliance Bancorporation had a net margin of 17.20% and a return on equity of 13.40%. The company had revenue of $995.70 million for the quarter, compared to analysts’ expectations of $980.53 million. During the same period last year, the firm posted $2.07 earnings per share. The business’s quarterly revenue was up 17.7% compared to the same quarter last year. As a group, research analysts predict that Western Alliance Bancorporation will post 9.16 earnings per share for the current year.

Western Alliance Bancorporation Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Investors of record on Thursday, August 13th will be issued a dividend of $0.42 per share. The ex-dividend date of this dividend is Thursday, August 13th. This represents a $1.68 annualized dividend and a dividend yield of 2.1%. Western Alliance Bancorporation’s payout ratio is presently 18.92%.

Insiders Place Their Bets

In other Western Alliance Bancorporation news, CAO Ben Mucha sold 5,946 shares of the firm’s stock in a transaction that occurred on Monday, June 8th. The shares were sold at an average price of $81.00, for a total transaction of $481,626.00. Following the completion of the sale, the chief accounting officer directly owned 3,485 shares in the company, valued at $282,285. This trade represents a 63.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 2.76% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on WAL shares. DA Davidson set a $36.00 price objective on shares of Western Alliance Bancorporation in a report on Wednesday, July 22nd. Mizuho set a $96.00 price objective on Western Alliance Bancorporation in a research report on Thursday, July 23rd. JPMorgan Chase & Co. raised their price target on Western Alliance Bancorporation from $90.00 to $93.00 and gave the stock a “neutral” rating in a research note on Thursday, July 23rd. Weiss Ratings raised shares of Western Alliance Bancorporation from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, May 26th. Finally, Piper Sandler increased their target price on shares of Western Alliance Bancorporation from $92.00 to $97.00 and gave the stock an “overweight” rating in a research report on Friday, July 24th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Western Alliance Bancorporation has a consensus rating of “Moderate Buy” and an average target price of $95.47.

Check Out Our Latest Analysis on WAL

Western Alliance Bancorporation Company Profile

(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.