Q1 Earnings Forecast for WAL Issued By DA Davidson

Western Alliance Bancorporation (NYSE:WAL) – Research analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Western Alliance Bancorporation in a note issued to investors on Thursday, January 30th. DA Davidson analyst G. Tenner forecasts that the financial services provider will post earnings of $1.74 per share for the quarter. 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 $8.86 per share.

Several other brokerages also recently commented on WAL. Royal Bank of Canada set a $99.00 price target on shares of Western Alliance Bancorporation and gave the company an “outperform” rating in a report on Friday, October 18th. Stephens reissued an “overweight” rating and set a $103.00 price objective on shares of Western Alliance Bancorporation in a research note on Tuesday, January 28th. StockNews.com upgraded Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research note on Wednesday. Barclays raised their price target on Western Alliance Bancorporation from $105.00 to $107.00 and gave the company an “overweight” rating in a report on Friday, November 8th. Finally, UBS Group began coverage on Western Alliance Bancorporation in a report on Tuesday, December 17th. They set a “buy” rating and a $115.00 price objective for the company. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat, Western Alliance Bancorporation currently has a consensus rating of “Moderate Buy” and an average price target of $97.07.

Western Alliance Bancorporation Price Performance

Shares of NYSE:WAL opened at $87.84 on Friday. The company has a 50 day moving average of $87.96 and a 200 day moving average of $84.45. 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 stock has a market cap of $9.67 billion, a P/E ratio of 12.37, a P/E/G ratio of 0.84 and a beta of 1.46. Western Alliance Bancorporation has a 12 month low of $53.75 and a 12 month high of $98.10.

Western Alliance Bancorporation (NYSE:WAL) last posted its earnings results on Monday, January 27th. The financial services provider reported $1.95 earnings per share for the quarter, beating 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%.

Hedge Funds Weigh In On Western Alliance Bancorporation

Institutional investors and hedge funds have recently made changes to their positions in the business. Fifth Third Bancorp boosted its position in Western Alliance Bancorporation by 70.1% during the fourth quarter. Fifth Third Bancorp now owns 330 shares of the financial services provider’s stock valued at $28,000 after buying an additional 136 shares during the period. Versant Capital Management Inc boosted its holdings in Western Alliance Bancorporation by 13.4% during the 4th quarter. Versant Capital Management Inc now owns 1,325 shares of the financial services provider’s stock valued at $111,000 after acquiring an additional 157 shares during the period. Pacer Advisors Inc. grew its position in Western Alliance Bancorporation by 1.0% during the 4th quarter. Pacer Advisors Inc. now owns 16,263 shares of the financial services provider’s stock worth $1,359,000 after acquiring an additional 163 shares during the last quarter. CIBC Asset Management Inc grew its position in Western Alliance Bancorporation by 5.2% during the 4th quarter. CIBC Asset Management Inc now owns 3,387 shares of the financial services provider’s stock worth $283,000 after acquiring an additional 167 shares during the last quarter. Finally, Blue Trust Inc. increased its stake in Western Alliance Bancorporation by 58.4% in the 3rd quarter. Blue Trust Inc. now owns 507 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 187 shares during the period. Institutional investors own 79.15% of the company’s stock.

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.