Western Alliance Bancorporation (NYSE:WAL) Given New $105.00 Price Target at DA Davidson

Western Alliance Bancorporation (NYSE:WAL) had its price target upped by equities research analysts at DA Davidson from $104.00 to $105.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. DA Davidson’s price target points to a potential upside of 17.74% from the stock’s current price.

WAL has been the subject of a number of other research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Western Alliance Bancorporation in a research report on Monday, December 29th. Royal Bank Of Canada raised their target price on shares of Western Alliance Bancorporation from $93.00 to $100.00 and gave the stock an “outperform” rating in a report on Friday, October 10th. UBS Group reaffirmed a “buy” rating and set a $107.00 price target on shares of Western Alliance Bancorporation in a research note on Tuesday, January 6th. TD Cowen cut their price objective on shares of Western Alliance Bancorporation from $109.00 to $108.00 and set a “buy” rating on the stock in a report on Wednesday, January 7th. Finally, Wall Street Zen upgraded shares of Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research note on Saturday, October 25th. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $103.60.

Western Alliance Bancorporation Stock Performance

Shares of WAL traded up $0.50 during mid-day trading on Thursday, hitting $89.18. 612,450 shares of the company traded hands, compared to its average volume of 895,704. The stock has a 50-day moving average price of $85.83 and a two-hundred day moving average price of $83.71. The stock has a market cap of $9.81 billion, a price-to-earnings ratio of 11.02, a P/E/G ratio of 0.55 and a beta of 1.34. The company has a debt-to-equity ratio of 0.83, a quick ratio of 0.80 and a current ratio of 0.83. Western Alliance Bancorporation has a 1 year low of $57.05 and a 1 year high of $93.81.

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

Institutional Investors Weigh In On Western Alliance Bancorporation

Several hedge funds have recently modified their holdings of the stock. Halbert Hargrove Global Advisors LLC purchased a new stake in shares of Western Alliance Bancorporation in the 3rd quarter worth about $26,000. Quent Capital LLC acquired a new stake in Western Alliance Bancorporation during the 3rd quarter worth approximately $26,000. Salomon & Ludwin LLC purchased a new stake in shares of Western Alliance Bancorporation in the third quarter worth about $27,000. Root Financial Partners LLC acquired a new position in Western Alliance Bancorporation in the 3rd quarter worth $27,000. Finally, Community Bank N.A. acquired a new position in shares of Western Alliance Bancorporation in the 3rd quarter valued at approximately $37,000. 79.15% of the stock is owned by institutional investors and hedge funds.

Western Alliance Bancorporation News Summary

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

• Positive Sentiment: Q4 results showed stronger-than-expected profitability, with fee income and revenue growth and record loan and deposit growth that support near-term earnings momentum. These results reinforce WAL’s ability to grow core revenues after the stress of 2023. Earnings Highlights
• Positive Sentiment: Analyst bullishness: Jefferies bumped its price target to $110 and kept a Buy rating, and Keefe, Bruyette & Woods raised its PT to $101 with an Outperform — both imply double-digit upside and lend support to the stock. Jefferies / Benzinga
• Neutral Sentiment: Deeper read on Q4 shows fee income and deposit growth driving momentum but highlights that asset quality remains an item to monitor — not an immediate alarm but a watchpoint for credit trends. Q4 Deep Dive
• Neutral Sentiment: Analyst housekeeping: JPMorgan reaffirmed a neutral stance while nudging its price target higher, which reduces downside risk from that large dealer but doesn’t provide a strong buy signal. Benzinga note
• Negative Sentiment: JP Morgan (coverage note) downgraded WAL citing concerns about rising deposit costs tied to earnings-credit rates and the hit to margins — that directly pressures investor sentiment around future margins and is a near-term negative driver. JP Morgan Downgrade
• Neutral Sentiment: Investor commentary and transcript coverage provide color on management’s outlook for deposit pricing and credit — useful for modeling but not new facts that change valuation immediately. Earnings Call Transcript
• Neutral Sentiment: Macro/valuation piece explores whether current pricing already discounts longer-term regional-bank resilience — helps frame longer-horizon return assumptions. Valuation Analysis

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.