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WESTERN ALLIANCE BANCORP (WAL) Stock Fundamental Analysis

USA - NYSE:WAL - US9576381092 - Common Stock

87.31 USD
-1.74 (-1.95%)
Last: 9/16/2025, 8:04:00 PM
87.5 USD
+0.19 (+0.22%)
After Hours: 9/16/2025, 8:04:00 PM
Fundamental Rating

3

Overall WAL gets a fundamental rating of 3 out of 10. We evaluated WAL against 392 industry peers in the Banks industry. WAL may be in some trouble as it scores bad on both profitability and health. WAL is showing excellent growth while it is valued at reasonable prices. Keep and eye on this one!


Dividend Valuation Growth Profitability Health

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3

1. Profitability

1.1 Basic Checks

In the past year WAL was profitable.
In the past year WAL has reported a negative cash flow from operations.
WAL had positive earnings in each of the past 5 years.
In multiple years WAL reported negative operating cash flow during the last 5 years.
WAL Yearly Net Income VS EBIT VS OCF VS FCFWAL Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B -2B

1.2 Ratios

With a decent Return On Assets value of 0.96%, WAL is doing good in the industry, outperforming 60.71% of the companies in the same industry.
Looking at the Return On Equity, with a value of 11.71%, WAL belongs to the top of the industry, outperforming 81.12% of the companies in the same industry.
Industry RankSector Rank
ROA 0.96%
ROE 11.71%
ROIC N/A
ROA(3y)1.17%
ROA(5y)1.3%
ROE(3y)14.24%
ROE(5y)15.12%
ROIC(3y)N/A
ROIC(5y)N/A
WAL Yearly ROA, ROE, ROICWAL Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15

1.3 Margins

With a decent Profit Margin value of 25.37%, WAL is doing good in the industry, outperforming 61.22% of the companies in the same industry.
WAL's Profit Margin has declined in the last couple of years.
The Operating Margin and Gross Margin are not available for WAL so they could not be analyzed.
Industry RankSector Rank
OM N/A
PM (TTM) 25.37%
GM N/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-18.85%
PM growth 5Y-11.51%
GM growth 3YN/A
GM growth 5YN/A
WAL Yearly Profit, Operating, Gross MarginsWAL Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30 40

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0

2. Health

2.1 Basic Checks

WAL does not have a ROIC to compare to the WACC, probably because it is not profitable.
Compared to 1 year ago, WAL has more shares outstanding
Compared to 5 years ago, WAL has more shares outstanding
WAL has a worse debt/assets ratio than last year.
WAL Yearly Shares OutstandingWAL Yearly Shares OutstandingYearly Shares Outstanding 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20M 40M 60M 80M 100M
WAL Yearly Total Debt VS Total AssetsWAL Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 20B 40B 60B 80B

2.2 Solvency

A Debt/Equity ratio of 0.51 indicates that WAL is somewhat dependend on debt financing.
The Debt to Equity ratio of WAL (0.51) is worse than 76.79% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF N/A
Altman-Z N/A
ROIC/WACCN/A
WACC14.6%
WAL Yearly LT Debt VS Equity VS FCFWAL Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 2B -2B 4B 6B

2.3 Liquidity

Industry RankSector Rank
Current Ratio N/A
Quick Ratio N/A
WAL Yearly Current Assets VS Current LiabilitesWAL Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 500M 1B 1.5B

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7

3. Growth

3.1 Past

The Earnings Per Share has been growing slightly by 5.99% over the past year.
WAL shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 8.21% yearly.
Looking at the last year, WAL shows a quite strong growth in Revenue. The Revenue has grown by 13.33% in the last year.
The Revenue has been growing by 23.39% on average over the past years. This is a very strong growth!
EPS 1Y (TTM)5.99%
EPS 3Y-6.09%
EPS 5Y8.21%
EPS Q2Q%21.05%
Revenue 1Y (TTM)13.33%
Revenue growth 3Y17.42%
Revenue growth 5Y23.39%
Sales Q2Q%9.6%

3.2 Future

WAL is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 17.62% yearly.
WAL is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 9.34% yearly.
EPS Next Y17.91%
EPS Next 2Y20.52%
EPS Next 3Y17.62%
EPS Next 5YN/A
Revenue Next Year9.18%
Revenue Next 2Y9.79%
Revenue Next 3Y9.34%
Revenue Next 5YN/A

3.3 Evolution

The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
WAL Yearly Revenue VS EstimatesWAL Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1B 2B 3B 4B
WAL Yearly EPS VS EstimatesWAL Yearly EPS VS EstimatesYearly EPS VS Estimates 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2 4 6 8 10

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5

4. Valuation

4.1 Price/Earnings Ratio

The Price/Earnings ratio is 11.47, which indicates a very decent valuation of WAL.
WAL's Price/Earnings ratio is a bit cheaper when compared to the industry. WAL is cheaper than 62.50% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.20. WAL is valued rather cheaply when compared to this.
The Price/Forward Earnings ratio is 8.37, which indicates a very decent valuation of WAL.
Based on the Price/Forward Earnings ratio, WAL is valued cheaper than 80.36% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.71, WAL is valued rather cheaply.
Industry RankSector Rank
PE 11.47
Fwd PE 8.37
WAL Price Earnings VS Forward Price EarningsWAL Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

Industry RankSector Rank
P/FCF N/A
EV/EBITDA N/A
WAL Per share dataWAL EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 60

4.3 Compensation for Growth

The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
WAL's earnings are expected to grow with 17.62% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.64
PEG (5Y)1.4
EPS Next 2Y20.52%
EPS Next 3Y17.62%

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4

5. Dividend

5.1 Amount

WAL has a Yearly Dividend Yield of 1.66%.
WAL's Dividend Yield is slightly below the industry average, which is at 3.73.
WAL's Dividend Yield is slightly below the S&P500 average, which is at 2.38.
Industry RankSector Rank
Dividend Yield 1.66%

5.2 History

The dividend of WAL is nicely growing with an annual growth rate of 26.70%!
WAL has been paying a dividend for over 5 years, so it has already some track record.
WAL has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)26.7%
Div Incr Years5
Div Non Decr Years5
WAL Yearly Dividends per shareWAL Yearly Dividends per shareYearly Dividends per share 2019 2020 2021 2022 2023 2024 2025 0.5 1

5.3 Sustainability

WAL pays out 21.51% of its income as dividend. This is a sustainable payout ratio.
The dividend of WAL is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.51%
EPS Next 2Y20.52%
EPS Next 3Y17.62%
WAL Yearly Income VS Free CF VS DividendWAL Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 0 1B -1B 2B -2B
WAL Dividend Payout.WAL Dividend Payout, showing the Payout Ratio.WAL Dividend Payout.PayoutRetained Earnings

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WESTERN ALLIANCE BANCORP

NYSE:WAL (9/16/2025, 8:04:00 PM)

After market: 87.5 +0.19 (+0.22%)

87.31

-1.74 (-1.95%)

Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupBanks
GICS IndustryBanks
Earnings (Last)07-17 2025-07-17/amc
Earnings (Next)10-15 2025-10-15/amc
Inst Owners90.44%
Inst Owner Change0.86%
Ins Owners2.25%
Ins Owner Change-0.12%
Market Cap9.64B
Analysts84.21
Price Target99.6 (14.08%)
Short Float %4.72%
Short Ratio4.9
Dividend
Industry RankSector Rank
Dividend Yield 1.66%
Yearly Dividend1.61
Dividend Growth(5Y)26.7%
DP21.51%
Div Incr Years5
Div Non Decr Years5
Ex-Date08-14 2025-08-14 (0.38)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.3%
Min EPS beat(2)-0.51%
Max EPS beat(2)1.11%
EPS beat(4)2
Avg EPS beat(4)-0.7%
Min EPS beat(4)-5.47%
Max EPS beat(4)2.05%
EPS beat(8)4
Avg EPS beat(8)-0.58%
EPS beat(12)5
Avg EPS beat(12)-0.33%
EPS beat(16)8
Avg EPS beat(16)0.42%
Revenue beat(2)0
Avg Revenue beat(2)-1.41%
Min Revenue beat(2)-2.74%
Max Revenue beat(2)-0.09%
Revenue beat(4)2
Avg Revenue beat(4)0.26%
Min Revenue beat(4)-2.74%
Max Revenue beat(4)3.04%
Revenue beat(8)5
Avg Revenue beat(8)1.02%
Revenue beat(12)6
Avg Revenue beat(12)-1.39%
Revenue beat(16)9
Avg Revenue beat(16)-0.71%
PT rev (1m)1.79%
PT rev (3m)6.22%
EPS NQ rev (1m)-0.73%
EPS NQ rev (3m)-10.28%
EPS NY rev (1m)-2.79%
EPS NY rev (3m)-2.98%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)1.79%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)1.38%
Valuation
Industry RankSector Rank
PE 11.47
Fwd PE 8.37
P/S 2.93
P/FCF N/A
P/OCF N/A
P/B 1.35
P/tB 1.78
EV/EBITDA N/A
EPS(TTM)7.61
EY8.72%
EPS(NY)10.43
Fwd EY11.94%
FCF(TTM)-34.32
FCFYN/A
OCF(TTM)-33.54
OCFYN/A
SpS29.77
BVpS64.46
TBVpS49.08
PEG (NY)0.64
PEG (5Y)1.4
Profitability
Industry RankSector Rank
ROA 0.96%
ROE 11.71%
ROCE N/A
ROIC N/A
ROICexc N/A
ROICexgc N/A
OM N/A
PM (TTM) 25.37%
GM N/A
FCFM N/A
ROA(3y)1.17%
ROA(5y)1.3%
ROE(3y)14.24%
ROE(5y)15.12%
ROIC(3y)N/A
ROIC(5y)N/A
ROICexc(3y)N/A
ROICexc(5y)N/A
ROICexgc(3y)N/A
ROICexgc(5y)N/A
ROCE(3y)N/A
ROCE(5y)N/A
ROICexcg growth 3YN/A
ROICexcg growth 5YN/A
ROICexc growth 3YN/A
ROICexc growth 5YN/A
OM growth 3YN/A
OM growth 5YN/A
PM growth 3Y-18.85%
PM growth 5Y-11.51%
GM growth 3YN/A
GM growth 5YN/A
F-Score5
Asset Turnover0.04
Health
Industry RankSector Rank
Debt/Equity 0.51
Debt/FCF N/A
Debt/EBITDA N/A
Cap/Depr 67.79%
Cap/Sales 2.63%
Interest Coverage N/A
Cash Conversion N/A
Profit Quality N/A
Current Ratio N/A
Quick Ratio N/A
Altman-Z N/A
F-Score5
WACC14.6%
ROIC/WACCN/A
Cap/Depr(3y)130.62%
Cap/Depr(5y)142.97%
Cap/Sales(3y)4.19%
Cap/Sales(5y)3.66%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)5.99%
EPS 3Y-6.09%
EPS 5Y8.21%
EPS Q2Q%21.05%
EPS Next Y17.91%
EPS Next 2Y20.52%
EPS Next 3Y17.62%
EPS Next 5YN/A
Revenue 1Y (TTM)13.33%
Revenue growth 3Y17.42%
Revenue growth 5Y23.39%
Sales Q2Q%9.6%
Revenue Next Year9.18%
Revenue Next 2Y9.79%
Revenue Next 3Y9.34%
Revenue Next 5YN/A
EBIT growth 1YN/A
EBIT growth 3YN/A
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y-467.47%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y-412.3%
OCF growth 3YN/A
OCF growth 5YN/A