Western Alliance Bancorporation (NYSE:WAL) Price Target Raised to $110.00

Western Alliance Bancorporation (NYSE:WAL) had its target price increased by Jefferies Financial Group from $105.00 to $110.00 in a report published on Wednesday,Benzinga reports. Jefferies Financial Group currently has a buy rating on the financial services provider’s stock.

Several other brokerages also recently issued reports on WAL. Industrial Alliance Securities set a $101.00 target price on shares of Western Alliance Bancorporation in a research note on Wednesday. Wall Street Zen upgraded Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a report on Saturday, October 25th. Barclays upped their price target on Western Alliance Bancorporation from $112.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, December 19th. JPMorgan Chase & Co. restated a “neutral” rating and set a $105.00 price objective (up from $100.00) on shares of Western Alliance Bancorporation in a research report on Wednesday. Finally, Truist Financial set a $98.00 target price on Western Alliance Bancorporation in a research note on Friday, January 9th. Eleven analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Western Alliance Bancorporation has an average rating of “Moderate Buy” and an average target price of $103.80.

Western Alliance Bancorporation Price Performance

WAL stock opened at $89.05 on Wednesday. Western Alliance Bancorporation has a one year low of $57.05 and a one year high of $93.81. The firm has a 50-day moving average of $86.31 and a two-hundred day moving average of $83.78. 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 current ratio of 0.83, a quick ratio of 0.80 and a debt-to-equity ratio of 0.83.

Western Alliance Bancorporation (NYSE:WAL) last released its quarterly earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.40 by $0.19. The business 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 firm’s revenue was up 17.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.95 earnings per share. On average, analysts forecast that Western Alliance Bancorporation will post 9.05 earnings per share for the current year.

Western Alliance Bancorporation Increases Dividend

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

Institutional Investors Weigh In On Western Alliance Bancorporation

A number of large investors have recently added to or reduced their stakes in WAL. Harbor Advisors LLC raised its position in shares of Western Alliance Bancorporation by 55.6% in the fourth quarter. Harbor Advisors LLC now owns 14,000 shares of the financial services provider’s stock valued at $1,177,000 after purchasing an additional 5,000 shares during the period. Torren Management LLC acquired a new position in Western Alliance Bancorporation in the 4th quarter valued at $59,000. Mitsubishi UFJ Trust & Banking Corp bought a new position in Western Alliance Bancorporation in the 4th quarter worth $512,000. M&T Bank Corp lifted its position in Western Alliance Bancorporation by 19.3% during the 4th quarter. M&T Bank Corp now owns 4,696 shares of the financial services provider’s stock worth $394,000 after acquiring an additional 761 shares during the last quarter. Finally, Pictet Asset Management Holding SA boosted its holdings in Western Alliance Bancorporation by 8.8% during the fourth quarter. Pictet Asset Management Holding SA now owns 16,132 shares of the financial services provider’s stock valued at $1,356,000 after acquiring an additional 1,308 shares during the period. 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.