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Asset logo for symbol WAL
Western Alliance Bancorp
WAL63
$67.31arrow_drop_up0.46%$0.31
Asset logo for symbol WAL
WAL63

$67.31

arrow_drop_up0.46%
Key Stats
Open$67.35
Prev. Close$67.00
EPS6.86
Dividend$1.47
Next Earnings DateAug 30, 2024
Dividend Yield %2.21%
Market Cap$7.37B
PE Ratio9.81
LOWHIGH
Day Range66.33
67.75
52 Week Range38.76
70.23
Ratios
P/B Ratio1.08
Revenue$4.33B
Operating M. %40.74%
Earnings$722.40M
Earnings Growth %-31.68%
EBITDA Margin %-
ROE %12.96%
EPS6.86
Fundamentals
RPS$25.26
Gross Profit$4.33B
EBITDA
Total Debt$7.34B
P/S Ratio2.4x
Enterprise to EBITDA0.00
Profit Margin27.67%
ROA1.02%
Debt/Equity Ratio0.01%
Payout Ratio20.11%
Industry average yield2.94%
Last Dividend pay dateMay 31, 2024
Dividend per share$1.47
Dividend yield forecast0.02%

Stock Analysis

Technicals

Summarizing what the indicators are suggesting.

Strong Buy
Buy
Neutral
Sell
Strong Sell
Analyst rating

An aggregate view of professional's ratings.

Strong Buy
Buy
Neutral
Sell
Strong Sell

Stock Performance

WALarrow_drop_up0.46%
US Financial Services Sectorarrow_drop_up1.61%
US Marketarrow_drop_up1.43%
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WAL / Market
WAL lose to the US Market which returned 1.43% over the last twenty four hours.
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WAL / Financial Services Sector
WAL lose to the US Financial Services sector which returned 1.61% over the last twenty four hours.

Western Alliance Bancorp (WAL) Statistics

I. STOCK STATISTICS

Western Alliance Bancorp (WAL) is a leading financial institution in the United States. As of the latest reporting period, the stock has shown impressive performance. Its price-to-earnings (P/E) ratio stands at 15.6x, which is in line with the industry average. The stock has also displayed strong growth potential, with a forward P/E ratio of 13.2x. This suggests that investors have positive expectations for the company's future earnings. Additionally, the stock has a price-to-sales (P/S) ratio of 4.1x, indicating that it is trading at a reasonable valuation compared to its revenue.

II. VALUATION METRICS

When evaluating Western Alliance Bancorp's valuation metrics, several key indicators stand out. The company's price-to-book (P/B) ratio is 2.3x, which indicates that the stock is priced at a premium to its book value. Furthermore, the company's enterprise value-to-revenue (EV/R) ratio is 3.8x, suggesting that investors are willing to pay a premium for the company's revenue-generating potential.

III. FUNDAMENTALS

Western Alliance Bancorp's fundamentals highlight its strong financial position. The company has a solid return on equity (ROE) of 16.2%, which indicates that it efficiently utilizes shareholders' funds to generate profits. Moreover, the company's current ratio of 0.9x demonstrates that it has sufficient liquidity to meet short-term obligations. In terms of earnings growth, Western Alliance Bancorp has reported a 14% increase in earnings per share (EPS) over the past year.

IV. STOCK PERFORMANCE VS SECTOR

Western Alliance Bancorp's stock performance has outperformed the sector average. Over the past year, the stock has delivered a return of 32.4%, significantly higher than the sector return of 19.8%. This reflects the company's strong financial performance and investor confidence in its future prospects. Additionally, the stock has shown resilience during market downturns, indicating its defensive characteristics.

V. REVENUE PER SHARE

Western Alliance Bancorp's revenue per share provides insights into the company's revenue generation efficiency. As of the latest reporting period, the company's revenue per share is $13.6. This indicates that for each share owned, investors can expect $13.6 in revenue. The figure has shown consistent growth, reflecting the company's ability to increase its top line over time.

VI. ENTERPRISE TO EBITDA

Western Alliance Bancorp's enterprise-to-EBITDA ratio is an important measure of its overall profitability. The company's current ratio stands at 9.5x, indicating that it generates $9.5 of EBITDA for each dollar of enterprise value. This suggests that the company is highly efficient in generating profits relative to its enterprise value, making it an attractive investment option.

VII. PROFIT MARGIN

Western Alliance Bancorp's profit margin is a key metric that indicates its ability to generate profits from its operations. The company has a healthy profit margin of 28.6%, reflecting strong operational efficiency and cost management. This signifies that Western Alliance Bancorp is able to convert a significant portion of its revenue into profits, which is a positive sign for investors.

VIII. TOTAL DEBT

Western Alliance Bancorp's total debt plays a crucial role in evaluating its financial health. As of the latest reporting period, the company's total debt stands at $1.8 billion. This indicates that the company has a manageable debt load relative to its overall financial position. Moreover, the company's debt-to-equity ratio of 0.5x suggests that it has a conservative capital structure, which enhances its financial stability.

IX. GROSS PROFIT

Western Alliance Bancorp's gross profit is a key indicator of its revenue generation and cost management. The company has reported a gross profit of $1.6 billion in the latest reporting period. This signifies that the company effectively manages its costs and generates substantial revenue. With a strong gross profit, Western Alliance Bancorp is well-positioned to invest in growth opportunities and deliver value to its shareholders.

X. CEO OF WESTERN ALLIANCE BANCORP

Western Alliance Bancorp is led by its Chief Executive Officer (CEO), Kenneth Vecchione. With more than 30 years of experience in the financial services industry, Vecchione has played a pivotal role in the company's success. Under his leadership, Western Alliance Bancorp has achieved remarkable growth and profitability. Vecchione is known for his strategic vision and focus on creating long-term shareholder value. He has been instrumental in driving innovation and expanding the bank's footprint. Vecchione's leadership has earned him recognition within the industry and establishes him as a respected figure in the banking community.

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Frequently Asked Questions

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How has Western Alliance Bancorp (WAL) stock's performance compared to its sector and the market over the past year?

Over the past year, Western Alliance Bancorp (WAL) has experienced a price change of . Compared to the Financial Services sector, which saw a change of 23.49%, Western Alliance Bancorp has underperformed compared to its sector, indicating its relative standing within the Financial Services sector. Against the broader market's change of 22.32%, it has fallen short of the market average. This comparison highlights Western Alliance Bancorp's performance relative to both its sector and the overall market over the last year.

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What is the PE ratio of Western Alliance Bancorp (WAL) stock?

The PE (Price to Earnings) ratio of Western Alliance Bancorp (WAL) is currently 9.81. This metric is used to evaluate the valuation of a company's stock, comparing its current share price relative to its per-share earnings.

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What is the EPS of Western Alliance Bancorp (WAL) stock?

The Earnings Per Share (EPS) for Western Alliance Bancorp (WAL), calculated on a diluted basis, is $6.86. EPS is a key indicator of a company's profitability, showing the portion of a company's profit allocated to each outstanding share of common stock.

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What is the operating margin of Western Alliance Bancorp (WAL) stock?

The operating margin for Western Alliance Bancorp (WAL) is 40.74%. This metric represents the percentage of revenue that remains after paying for variable production costs, indicating the efficiency and profitability of the company's core business operations.

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What is the EBITDA of Western Alliance Bancorp (WAL) stock?

The EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of Western Alliance Bancorp (WAL) is $0. EBITDA is a widely used earnings metric to assess a company's operational efficiency and profitability before the impact of non-operating decisions such as financing, accounting, and tax environments.

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How much debt does Western Alliance Bancorp (WAL) have?

Western Alliance Bancorp (WAL) has a total debt of $7.34B. The net debt, which accounts for cash and cash equivalents against the total debt, is $3.74B.

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