Western Alliance Bancorporation (NYSE:WAL) Price Target Raised to $105.00

Western Alliance Bancorporation (NYSE:WAL) had its price target upped by DA Davidson from $104.00 to $105.00 in a research note released on Thursday,Benzinga reports. The firm currently has a buy rating on the financial services provider’s stock.

Other equities research analysts also recently issued research reports about the company. JPMorgan Chase & Co. restated a “neutral” rating and set a $105.00 target price (up previously from $100.00) on shares of Western Alliance Bancorporation in a research report on Wednesday. Citigroup reissued a “neutral” rating on shares of Western Alliance Bancorporation in a report on Thursday. Truist Financial set a $98.00 target price on Western Alliance Bancorporation in a research note on Friday, January 9th. Wells Fargo & Company decreased their price target on Western Alliance Bancorporation from $90.00 to $85.00 and set an “underweight” rating on the stock in a research report on Thursday, October 23rd. Finally, Barclays raised their price objective on shares of Western Alliance Bancorporation from $112.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Western Alliance Bancorporation has an average rating of “Moderate Buy” and a consensus price target of $103.80.

Western Alliance Bancorporation Price Performance

Shares of NYSE:WAL opened at $89.05 on Thursday. The firm has a market capitalization of $9.80 billion, a PE ratio of 10.20, a P/E/G ratio of 0.76 and a beta of 1.34. The company has a quick ratio of 0.80, a current ratio of 0.83 and a debt-to-equity ratio of 0.83. The company has a 50-day moving average price of $86.31 and a two-hundred day moving average price of $83.80. Western Alliance Bancorporation has a twelve month low of $57.05 and a twelve month high of $93.81.

Western Alliance Bancorporation (NYSE:WAL) last posted its quarterly earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.40 by $0.19. The company had revenue of $913.50 million for the quarter, compared to analyst estimates of $912.69 million. Western Alliance Bancorporation had a net margin of 18.04% and a return on equity of 13.33%. The company’s quarterly revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.95 earnings per share. Equities analysts forecast that Western Alliance Bancorporation will post 9.05 EPS for the current year.

Western Alliance Bancorporation Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were paid a $0.42 dividend. This is an increase from Western Alliance Bancorporation’s previous quarterly dividend of $0.38. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, November 13th. Western Alliance Bancorporation’s payout ratio is 19.24%.

Institutional Trading of Western Alliance Bancorporation

Several institutional investors and hedge funds have recently made changes to their positions in the stock. NewEdge Advisors LLC increased its stake in Western Alliance Bancorporation by 71.2% in the first quarter. NewEdge Advisors LLC now owns 7,815 shares of the financial services provider’s stock valued at $600,000 after acquiring an additional 3,249 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Western Alliance Bancorporation by 513.5% in the 1st quarter. Jones Financial Companies Lllp now owns 1,730 shares of the financial services provider’s stock worth $133,000 after purchasing an additional 1,448 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Western Alliance Bancorporation by 24.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 111,883 shares of the financial services provider’s stock valued at $8,596,000 after purchasing an additional 21,642 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Western Alliance Bancorporation by 11.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 347,529 shares of the financial services provider’s stock valued at $26,701,000 after buying an additional 35,276 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in Western Alliance Bancorporation by 17.8% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 3,842 shares of the financial services provider’s stock worth $327,000 after buying an additional 580 shares during the last quarter. Hedge funds and other institutional investors own 79.15% of the company’s stock.

Key Stories Impacting Western Alliance Bancorporation

Here are the key news stories impacting Western Alliance Bancorporation this week:

• Positive Sentiment: Citigroup raised its price target to $107 and kept a “buy” rating, implying roughly 20% upside from current levels — a clear vote of confidence that supports the stock. Article Title
• Positive Sentiment: DA Davidson increased its target to $105 and maintained a “buy” stance, signaling additional analyst conviction behind WAL’s growth and valuation case. Article Title
• Positive Sentiment: Company Q4 results and call highlighted record loan and deposit growth plus stronger fee income — fundamental momentum that supports earnings upside and valuation. Article Title
• Neutral Sentiment: JPMorgan Chase & Co. reiterated a “Neutral” rating on WAL, leaving their stance unchanged even as other firms raised targets — this provides mixed guidance rather than a clear bullish or bearish signal. Article Title
• Negative Sentiment: Separately, JPMorgan analysts flagged higher earnings-credit rates and rising deposit costs as risks and reported downgrades at the firm, raising investor concerns about margin compression and pressure on net interest margin — the primary near-term catalyst weighing on the stock. Article Title

Western Alliance Bancorporation Company Profile

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.