How to Buy Western Alliance Bancorporation Stock
Western Alliance Bancorporation
Western Alliance Bancorporation is a bank company located in Arizona, United States, which is part of the Financial Services sector, and is traded under the ticker WAL on the NYSE exchange.
Western Alliance Bancorporation stock last closed at $69.71, down 1.79% from the previous day, and has increased 22.66% in one year. It has overperformed other stocks in the Banks - Regional industry by 0.04 percentage points. Western Alliance Bancorporation stock is currently +22.95% from its 52-week low of $56.70, and -28.94% from its 52-week high of $98.10.
As of Apr 30, 2025, there are 110.45M shares of WAL outstanding. The market cap of WAL is $7.70B. In the past 24 hours, 983,712 WAL shares were traded.
How to Buy Western Alliance Bancorporation Stock
Wondering how to invest in Western Alliance Bancorporation stock? Here's how.
- Decide where to buy Western Alliance Bancorporation stock: You need to decide on an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Western Alliance Bancorporation stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Western Alliance Bancorporation stock: The Western Alliance Bancorporation ticker symbol is WAL. Is Western Alliance Bancorporation stock a good investment? Should you buy shares of WAL? How do WAL's underlying business fundamentals look? Do top analysts think Western Alliance Bancorporation is a good buy? Why has WAL's stock price moved recently? (Hint: Our stock market research website can help you understand if WAL is a good stock to buy).
- Place your WAL trade: Decide if you will purchase WAL shares at the current market price or use a limit order to buy WAL stock at a given price.
- Keep tabs on your WAL investment: Create a watchlist to keep track of your new investment in Western Alliance Bancorporation shares.
Step 1: Decide where to buy Western Alliance Bancorporation stock
You will need a brokerage account to access the NYSE market and buy WAL stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've selected your brokerage, it's time to fill out some personal details so you can invest in WAL stock today.
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Step 3: Deposit funds into your investment account
Now that you've filled out your info on the best stock trading app, your next step is to transfer the money for your investment:
Check out this video walkthrough for more details transferring funds into your brokerage account.
Step 4: Evaluate Western Alliance Bancorporation stock
After you have chosen the best place to buy Western Alliance Bancorporation stock, it's important to evaluate their stock before you buy, so you can wrap your head around the risk and opportunity.
Western Alliance Bancorporation stock data
Fundamentals of Western Alliance Bancorporation
WallStreetZen was created to help average investors do more accurate fundamental analysis quickly.
You can see all of the due diligence checks on WAL's stock page.
Is WAL stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge WAL's true value.
Using relative valuations ratios:
- WAL may be undervalued based on its P/E ratio of 9.76x, relative to Banks - Regional industry P/E ratio of 13.39x
- WAL may be overvalued based on its P/B ratio of 1.15x, relative to Banks - Regional industry P/B ratio of 1.13x
- WAL may be undervalued based on its PEG ratio of 0.55x
You can access more valuation analysis on WAL's stock here.
WAL Financial Health
Negative Financial Indicators:
- WAL has a relatively high debt to equity ratio of 11.07.
- WAL profit margin has gone down from 27.8% to 25.7% in the past year.
- Total WAL debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy WAL stock
Out of 8 Equities analysts who give recommendations on WAL, the consensus analyst rating on Western Alliance Bancorporation is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent WAL Analyst Upgrades/Downgrades
Matthew Clark, a top 30% analyst from Piper Sandler maintains WAL with a strong buy rating and raises their WAL price target from $115.00 to $116.00, on Feb 3, 2025.
Piper Sandler's Matthew Clark raised their price target on Western Alliance Bancorporation (NYSE: WAL) by 0.9% from $115 to $116 on 2025/02/03. The analyst maintained their Strong Buy rating on the stock.
Western Alliance Bancorporation reported its Q4 and FY 2024 earnings on 2024/01/27.
Looking ahead, factors favoring profitability, according to Clark, include:
- PPNR's organic growth.
- Rate-related relief in ECR deposit costs.
- A potential increase in mortgage banking revenue that is not embedded in management's FY 2025 guidance.
Earnings Report
Western Alliance Bancorporation reported:
For Q4 2024:
- EPS of $1.95, which beat the Zacks Consensus Estimate of $1.92 and, by 46.6%, Q4 2023’s $1.33.
- Revenue of $838.4M, which beat the Zacks Consensus Estimate by 3.82% and, by 22.9%, Q4 2023’s $682.2M.
For FY 2024:
- Revenue of $3.2B.
- EPS of $7.09, up 8.4% Y/Y.
Management did not provide EPS and revenue guidance in its press release.
Interim CEO & CFO Dale Gibbons commented: “Western Alliance’s diversified, national commercial business strategy continued to drive strong momentum in Q4 with healthy earnings growth, sustained operating leverage, and resilient asset quality.
“Overall, we achieved EPS of $1.95 for the quarter, 46.6% higher Y/Y, which resulted in a return on tangible common equity of 14.6%, while tangible book value per share rose 11.9% Y/Y to $52.27.
“As expected, quarterly deposits declined $1.7B, driven by seasonal tax escrow deposit outflows in our Mortgage Warehouse Group, which have already reversed since year-end.
“Western Alliance’s FY results are a direct reflection of the success of our credit and deposit platforms which position us for a sustained earnings trajectory into 2025 while continuing our focus on asset quality.
“Net charge-offs to average loans were 0.18% for the year, with non-performing assets to total assets ratio of 0.65%.
“Our net revenue growth drove an increase in earnings as PPNR climbed 14.1% Y/Y to $1.1B, with net income of $788M and EPS up 8.4% to $7.09.
“Finally, our hearts are heavy given the ongoing Southern California wildfires. We have already taken actions and stand ready to further support our people and communities in their rebuilding efforts.”
Anthony Elian, a bottom 16% analyst from JP Morgan maintains WAL with a strong buy rating and lowers their WAL price target from $110.00 to $105.00, on Jan 7, 2025.
Nicholas Holowko, a bottom 18% analyst from UBS assumes WAL with a strong buy rating and announces their WAL price target of $115.00, on Dec 17, 2024.
You can dive deeper into what analysts are forecasting on the Western Alliance Bancorporation stock forecast page.
WAL Technicals
WAL Performance Metrics
Last year, WAL earnings were $774.90M. In the past five year, WAL's earnings have grown by 8% per year. This was slower than the Banks - Regional industry average of 18.45%.
Last year, WAL revenue was $3.02B. Over the past five year, WAL's revenue has grown by 22.66% per year. This was faster than the Banks - Regional industry average of 10.26%.
Dig into WAL's earnings and revenue performance here.
Latest Insiders Trades at WAL
Over the past 12 months, insiders at WAL have sold more shares than they have bought.
Timothy W. Boothe, Chief Administration Officer of WAL, was the latest WAL insider to sell. They sold $6,408.79 worth of WAL stock on Apr 15, 2025.
Research more about who owns WAL stock here.
Can I rely on WAL as an income stream?
No, Western Alliance Bancorporation doesn't provide an income stream by paying out dividends.
Get opinions from other investors
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Step 5: Place your WAL trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Click the Open button and your broker will execute the order.
If you want additional help buying stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your WAL investment
Now that you own some shares in WAL, you'll want to stay up-to-date on your new investment.
Add WAL to a watchlist to get notified of the latest news about your WAL stock.
WAL Feed
How to Buy Stock in Western Alliance Bancorporation
To reiterate, here are the 6 steps to buy Western Alliance Bancorporation stock:
- Decide where to buy Western Alliance Bancorporation stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Evaluate Western Alliance Bancorporation stock
- Place your WAL trade
- Keep tabs on your WAL investment
If you require a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to watch your new investment in Western Alliance Bancorporation, create your watchlist below.
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