Western Alliance Bancorporation (NYSE:WAL – Free Report) – Equities research analysts at DA Davidson boosted their Q3 2025 earnings estimates for Western Alliance Bancorporation in a note issued to investors on Monday, September 29th. DA Davidson analyst G. Tenner now anticipates that the financial services provider will post earnings of $2.21 per share for the quarter, up from their prior forecast of $2.20. DA Davidson has a “Buy” rating and a $98.00 price target on the stock. The consensus estimate for Western Alliance Bancorporation’s current full-year earnings is $9.05 per share.
Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The financial services provider reported $2.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.04 by $0.03. Western Alliance Bancorporation had a net margin of 16.39% and a return on equity of 12.62%. The company had revenue of $836.21 million during the quarter, compared to the consensus estimate of $838.58 million. During the same quarter in the previous year, the firm earned $1.75 earnings per share.
Check Out Our Latest Stock Report on WAL
Western Alliance Bancorporation Stock Down 1.3%
Shares of Western Alliance Bancorporation stock opened at $87.08 on Tuesday. Western Alliance Bancorporation has a 52-week low of $57.05 and a 52-week high of $98.10. The company has a 50 day moving average of $85.21 and a 200 day moving average of $78.07. The company has a quick ratio of 0.82, a current ratio of 0.86 and a debt-to-equity ratio of 0.95. The company has a market capitalization of $9.61 billion, a P/E ratio of 11.44, a P/E/G ratio of 0.61 and a beta of 1.39.
Western Alliance Bancorporation Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, August 29th. Stockholders of record on Thursday, August 14th were issued a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Thursday, August 14th. Western Alliance Bancorporation’s payout ratio is presently 19.97%.
Insider Activity at Western Alliance Bancorporation
In other news, insider Tim R. Bruckner sold 2,500 shares of Western Alliance Bancorporation stock in a transaction on Thursday, July 24th. The shares were sold at an average price of $83.91, for a total value of $209,775.00. Following the transaction, the insider directly owned 24,759 shares of the company’s stock, valued at $2,077,527.69. The trade was a 9.17% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.68% of the stock is owned by insiders.
Hedge Funds Weigh In On Western Alliance Bancorporation
Institutional investors have recently modified their holdings of the business. HWG Holdings LP acquired a new position in shares of Western Alliance Bancorporation in the 1st quarter valued at $25,000. Tsfg LLC acquired a new position in shares of Western Alliance Bancorporation in the 1st quarter valued at $33,000. Hantz Financial Services Inc. increased its holdings in shares of Western Alliance Bancorporation by 995.8% in the 2nd quarter. Hantz Financial Services Inc. now owns 526 shares of the financial services provider’s stock valued at $41,000 after acquiring an additional 478 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Western Alliance Bancorporation by 241.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 713 shares of the financial services provider’s stock valued at $56,000 after acquiring an additional 504 shares during the period. Finally, BI Asset Management Fondsmaeglerselskab A S acquired a new position in Western Alliance Bancorporation in the 1st quarter valued at $58,000. 79.15% of the stock is owned by institutional investors and hedge funds.
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.
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