WAL
Western Alliance Bancorporation
NYSEUSDEQUITY
Financial Services
DELAYED
Last price
79.67
▲ 0.52 (0.66%)
MARKET · —
Price
Open
79.15
Prev close
79.15
Day high
80.11
Day low
78.52
Volume
695.09K
Market cap
$8.69B
P/E (TTM)
8.99
52W range
65.82 – 97.23
Trailing performance
Returnvs SPY
1W
-3.22%
-1.9%
1M
-3.98%
-7.7%
3M
+1.45%
-1.6%
6M
-14.66%
-25.7%
YTD
-5.23%
-17.5%
1Y
-3.41%
-23.4%
3Y
+66.22%
-7.9%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap$8.69B
Enterprise value$10.23B
Revenue (TTM)$3.49B
Gross profit$3.49B
EBITDA—
Net income$970.50M
EPS (TTM)$8.86
Free cash flow—
Total cash$6.50B
Total debt$7.56B
Book value / share$67.88
Shares outstanding109.10M
Float104.50M
Short % of float0.01%
Dividend yield2.11%
Beta (5Y)1.33
Valuation & profitability ratios
Trailing P/E8.99
Forward P/E7.06
PEG ratio1.47
Price / sales—
Price / book1.17
EV / revenue2.93
EV / EBITDA—
Gross margin0.00%
Operating margin39.36%
Profit margin28.20%
Return on equity13.02%
Return on assets1.09%
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Total revenue | $3.54B | $3.16B | $2.62B | $2.57B |
| Cost of revenue | $0 | $0 | $0 | $0 |
| Gross profit | $0 | $0 | $0 | $0 |
| R&D | — | — | — | — |
| SG&A | — | — | — | — |
| Operating income | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax provision | $0 | $0 | $0 | $0 |
| Net income | $956.20M | $774.90M | $709.60M | $1.04B |
| EBIT | $0 | $0 | $0 | $0 |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash & equivalents | — | — | — | — |
| Short-term investments | — | — | — | — |
| Net receivables | — | — | — | — |
| Inventory | — | — | — | — |
| Total current assets | — | — | — | — |
| Total assets | — | — | — | — |
| Total current liabilities | — | — | — | — |
| Long-term debt | — | — | — | — |
| Total liabilities | — | — | — | — |
| Retained earnings | — | — | — | — |
| Shareholder equity | — | — | — | — |
| Line item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Net income | $956.20M | $774.90M | $709.60M | $1.04B |
| Depreciation | — | — | — | — |
| Change in working capital | — | — | — | — |
| Operating cash flow | — | — | — | — |
| Capital expenditure | — | — | — | — |
| Investing cash flow | — | — | — | — |
| Dividends paid | — | — | — | — |
| Buybacks | — | — | — | — |
| Financing cash flow | — | — | — | — |
| Net change in cash | — | — | — | — |
Earnings
Reported vs expected · EPS
| Quarter | Est. | Actual | Surprise |
|---|---|---|---|
| Jun 2026 | 2.35 | 2.28 | -3.3% |
| Mar 2026 | 1.36 | 1.25 | -8.6% |
| Dec 2025 | 2.37 | 2.51 | +5.5% |
| Sep 2025 | 2.07 | 2.15 | +3.8% |
Forward consensus
| Period | EPS | Analysts | Revenue | Growth |
|---|---|---|---|---|
| Current quarter | 2.45 | 12 | $992.14M | +5.8% |
| Next quarter | 2.61 | 12 | $1.01B | +2.8% |
| Current year | 8.91 | 12 | $4.00B | +12.8% |
| Next year | 11.29 | 12 | $4.27B | +7.0% |
Analyst targets & ownership
Mean target$93.07
High target$98.00
Low target$88.00
Implied upside16.82%
Analyst count15
ConsensusBUY
Strong buy / Buy4 / 7
Hold4
Sell / Strong sell0 / 0
Held by insiders2.66%
Held by institutions91.74%
Institutions holding643
Price targets, consensus spread, insider and institutional ownership.
Insider net activity
Net shares
-22.02K
Net selling
Buy transactions
57
23.93K shares
Sell transactions
2
45.95K shares
Net transactions
+59
Buys less sells
Sell : buy shares
1.9 : 1
Mixed
Insider-held shares
2.87M
Total on file
Insider transactions
| Date | Insider | Action | Shares | Value | Held |
|---|---|---|---|---|---|
| Aug 14, 26 | GIBBONS DALE M Officer |
— | 726 | — | Direct |
| Aug 14, 26 | BOOTHE TIMOTHY W Officer |
— | 235 | — | Direct |
| Aug 14, 26 | VECCHIONE KENNETH A Chief Executive Officer |
— | 1.57K | — | Direct |
| Aug 14, 26 | KENNEDY BARBARA J Officer |
— | 257 | — | Direct |
| Aug 14, 26 | BRUCKNER TIM R Officer |
— | 415 | — | Direct |
| Aug 14, 26 | NACHLAS EMILY Officer |
— | 189 | — | Direct |
| Aug 14, 26 | JARVI JESSICA H Officer |
— | 168 | — | Direct |
| Aug 14, 26 | HERNDON LYNNE Officer |
— | 84 | — | Direct |
| Aug 14, 26 | IDNANI VISHAL Chief Financial Officer |
— | 123 | — | Direct |
| Jul 15, 26 | GIBBONS DALE M Officer |
— | 726 | — | Direct |
| Jul 15, 26 | BOOTHE TIMOTHY W Officer |
— | 235 | — | Direct |
| Jul 15, 26 | VECCHIONE KENNETH A Chief Executive Officer |
— | 1.57K | — | Direct |
| Jul 15, 26 | KENNEDY BARBARA J Officer |
— | 257 | — | Direct |
| Jul 15, 26 | BRUCKNER TIM R Officer |
— | 415 | — | Direct |
What this is, and what it is not
These are SEC Form 4 filings — officers, directors and 10% owners reporting their own trades in the company's stock. Filing is due within two business days of the transaction, so this lags reality by days, and the provider adds its own lag on top.
A sale is not automatically bearish. Executives sell on scheduled 10b5-1 plans, to cover tax on vesting equity, and to diversify. Purchases with cash are generally the more informative signal, and they are far rarer.
This does not include congressional or senate trading. That comes from STOCK Act disclosures filed with the Senate eFD system and the House Clerk, which this data source does not carry.
Officer and director trades in their own stock, straight from Form 4 filings.
Insider holders
| Name | Relation | Shares held | Latest |
|---|---|---|---|
BEACH BRUCE D |
Director | 61.17K | Stock Award(Grant) |
BOOTHE TIMOTHY W |
Officer | 65.74K | Conversion of Exercise of derivative security |
CURLEY STEPHEN RUSSELL |
Officer | 41.53K | Conversion of Exercise of derivative security |
GIBBONS DALE M |
Officer | 267.70K | Conversion of Exercise of derivative security |
GOULD HOWARD N |
Director | 53.01K | Stock Award(Grant) |
JOHNSON MARIANNE BOYD |
Director | 4.32M | Stock Award(Grant) |
KENNEDY BARBARA J |
Officer | 33.13K | Conversion of Exercise of derivative security |
LATTA ROBERT PALMER |
Director | 47.85K | Stock Award(Grant) |
SNYDER DONALD D |
Director | 98.71K | Stock Award(Grant) |
VECCHIONE KENNETH A |
Chief Executive Officer | 465.88K | Conversion of Exercise of derivative security |
Moving averages & technicals
SMA 10
81.04
-1.68% from price
SMA 20
81.60
-2.36% from price
SMA 50
81.53
-2.28% from price
SMA 100
79.86
-0.24% from price
SMA 200
81.47
-2.20% from price
EMA 12
80.94
-1.57% from price
EMA 26
81.32
-2.03% from price
EMA 50
81.14
-1.81% from price
RSI (14)
43.6
Neutral
MACD (12,26,9)
-0.38
Hist -0.32
ATR (14)
1.76
2.21% of price
Realised vol 30D
25.1%
Annualised
Bollinger upper
84.19
20, 2σ
Bollinger lower
79.01
20, 2σ
50 / 200 cross
Golden
81.53 vs 81.47
Trend bias
Below 200
-2.20%
Risk profile
Beta vs SPY
1.32
More volatile than market
Correlation to SPY
0.47
Loosely linked
Realised vol 30D
25.1%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-30.6%
Peak to trough
Max drawdown 5Y
-85.2%
Peak to trough
ATR 14
1.76
2.21% of price
Beta (reported)
1.33
5Y monthly, from filing
Unusual options activity
Nothing crossed the thresholds in the expiries we scanned.
That is the normal state — most contracts trade well inside their existing open interest.
That is the normal state — most contracts trade well inside their existing open interest.
Contracts trading at or above their open interest, ranked by notional and where the print landed.
Options analytics
Put / call volume
1.86
Put-heavy session
Put / call open interest
1.76
Positioning, not flow
Max pain
85.00
+6.7% from spot
ATM implied vol
35.3%
Nearest strike to spot
Skew (10% OTM)
+5.9%
Puts bid over calls
Call volume
299
Contracts, this expiry
Put volume
555
Contracts, this expiry
Heaviest call OI
97.50
411 contracts
Heaviest put OI
75.00
797 contracts
Max pain is the strike at which the largest dollar value of open contracts expires worthless. It describes current positioning; it is not a forecast and it moves as open interest changes.
Put/call ratios, max pain, implied volatility skew and where open interest is concentrated.
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Headlines
UBS Adjusts Price Target on Western Alliance Bancorp to $90 From $85, Maintains Neutral Rating
MT Newswires · 29d ago
Western Alliance Bancorp (WAL) Q2 2026 Earnings Call Highlights: Strong Loan Growth and ...
GuruFocus.com · 31d ago
Western Alliance Bancorporation Q2 Earnings Call Highlights
MarketBeat · 31d ago
Western Alliance Bancorporation Q2 2026 Earnings Call Summary
Moby · 31d ago
Compared to Estimates, Western Alliance (WAL) Q2 Earnings: A Look at Key Metrics
Zacks · 32d ago
Western Alliance (WAL) Q2 Earnings Miss Estimates
Zacks · 32d ago
Western Alliance: Q2 Earnings Snapshot
Associated Press · 32d ago
Western Alliance Bancorporation (NYSE:WAL) Surprises With Q2 CY2026 Sales
StockStory · 32d ago
PRIVATE STRATEGY · BY QUALIFICATION
The same data. A different seat.
The research you are reading is the input layer for a discretionary options program we run for a small number of qualified investors. Minimum $1,000,000.