DA Davidson Issues Negative Outlook for WAL Earnings

Western Alliance Bancorporation (NYSE:WAL) – DA Davidson decreased their Q1 2025 earnings per share estimates for shares of Western Alliance Bancorporation in a report released on Wednesday, April 2nd. DA Davidson analyst G. Tenner now forecasts that the financial services provider will earn $1.72 per share for the quarter, down from their previous estimate of $1.74. DA Davidson currently has a “Buy” rating and a $106.00 target price on the stock. The consensus estimate for Western Alliance Bancorporation’s current full-year earnings is $9.05 per share. DA Davidson also issued estimates for Western Alliance Bancorporation’s FY2025 earnings at $8.65 EPS and FY2026 earnings at $10.57 EPS.

Western Alliance Bancorporation (NYSE:WAL) last announced its earnings results on Monday, January 27th. The financial services provider reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.92 by $0.03. Western Alliance Bancorporation had a return on equity of 13.14% and a net margin of 15.49%.

Other research analysts have also issued research reports about the stock. Stephens reissued an “overweight” rating and set a $103.00 target price on shares of Western Alliance Bancorporation in a research report on Tuesday, January 28th. Wells Fargo & Company dropped their price objective on Western Alliance Bancorporation from $102.00 to $95.00 and set an “equal weight” rating on the stock in a research note on Monday, January 6th. StockNews.com upgraded Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research note on Tuesday, February 25th. UBS Group assumed coverage on Western Alliance Bancorporation in a research report on Tuesday, December 17th. They issued a “buy” rating and a $115.00 price target on the stock. Finally, Piper Sandler increased their price objective on Western Alliance Bancorporation from $115.00 to $116.00 and gave the company an “overweight” rating in a research report on Monday, February 3rd. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Western Alliance Bancorporation currently has an average rating of “Moderate Buy” and a consensus target price of $98.07.

Western Alliance Bancorporation Price Performance

NYSE WAL opened at $77.71 on Thursday. Western Alliance Bancorporation has a 1 year low of $53.75 and a 1 year high of $98.10. The company has a fifty day simple moving average of $83.56 and a 200 day simple moving average of $85.90. The company has a current ratio of 0.85, a quick ratio of 0.82 and a debt-to-equity ratio of 0.61. The company has a market cap of $8.58 billion, a P/E ratio of 10.95, a P/E/G ratio of 0.63 and a beta of 1.43.

Institutional Investors Weigh In On Western Alliance Bancorporation

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC raised its holdings in Western Alliance Bancorporation by 3.8% during the 4th quarter. Ashton Thomas Private Wealth LLC now owns 3,114 shares of the financial services provider’s stock worth $260,000 after purchasing an additional 114 shares during the last quarter. Smartleaf Asset Management LLC grew its position in shares of Western Alliance Bancorporation by 56.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 326 shares of the financial services provider’s stock worth $27,000 after buying an additional 117 shares during the period. Fifth Third Bancorp raised its stake in shares of Western Alliance Bancorporation by 70.1% during the fourth quarter. Fifth Third Bancorp now owns 330 shares of the financial services provider’s stock worth $28,000 after buying an additional 136 shares during the last quarter. Versant Capital Management Inc lifted its holdings in Western Alliance Bancorporation by 13.4% in the fourth quarter. Versant Capital Management Inc now owns 1,325 shares of the financial services provider’s stock valued at $111,000 after buying an additional 157 shares during the period. Finally, MidWestOne Financial Group Inc. boosted its stake in Western Alliance Bancorporation by 0.6% in the fourth quarter. MidWestOne Financial Group Inc. now owns 26,646 shares of the financial services provider’s stock valued at $2,226,000 after acquiring an additional 160 shares during the last quarter. Institutional investors own 79.15% of the company’s stock.

Western Alliance Bancorporation Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 28th. Shareholders of record on Friday, February 14th were paid a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.96%. The ex-dividend date of this dividend was Friday, February 14th. Western Alliance Bancorporation’s dividend payout ratio is presently 21.41%.

Western Alliance Bancorporation Company Profile

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.