JPMorgan Chase & Co. reaffirmed their neutral rating on shares of Western Alliance Bancorporation (NYSE:WAL – Free Report) in a report published on Wednesday, MarketBeat Ratings reports. JPMorgan Chase & Co. currently has a $105.00 price target on the financial services provider’s stock, up from their prior price target of $100.00.
Other equities analysts have also issued reports about the stock. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Western Alliance Bancorporation in a report on Monday, December 29th. TD Cowen cut their price objective on shares of Western Alliance Bancorporation from $109.00 to $108.00 and set a “buy” rating for the company in a report on Wednesday, January 7th. Keefe, Bruyette & Woods decreased their price objective on shares of Western Alliance Bancorporation from $100.00 to $95.00 and set an “outperform” rating for the company in a research report on Thursday, October 23rd. Wall Street Zen upgraded Western Alliance Bancorporation from a “sell” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Truist Financial set a $98.00 price target on Western Alliance Bancorporation in a research note on Friday, January 9th. Eleven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $103.13.
Western Alliance Bancorporation Stock Performance
Western Alliance Bancorporation (NYSE:WAL – Get Free Report) last announced its quarterly earnings results on Monday, January 26th. The financial services provider reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.40 by $0.19. Western Alliance Bancorporation had a return on equity of 13.33% and a net margin of 18.04%.The company had revenue of $913.50 million during the quarter, compared to analysts’ expectations of $912.69 million. During the same period last year, the business earned $1.95 earnings per share. Western Alliance Bancorporation’s quarterly revenue was up 17.0% on a year-over-year basis. On average, equities analysts expect that Western Alliance Bancorporation will post 9.05 EPS for the current year.
Western Alliance Bancorporation Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Thursday, November 13th were paid a $0.42 dividend. The ex-dividend date of this dividend was Thursday, November 13th. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. This is a boost from Western Alliance Bancorporation’s previous quarterly dividend of $0.38. Western Alliance Bancorporation’s dividend payout ratio is 20.77%.
Institutional Investors Weigh In On Western Alliance Bancorporation
Large investors have recently bought and sold shares of the company. Ruffer LLP acquired a new stake in shares of Western Alliance Bancorporation in the fourth quarter worth approximately $2,798,000. M&T Bank Corp boosted its stake in Western Alliance Bancorporation by 7,920.9% during the 4th quarter. M&T Bank Corp now owns 315,624 shares of the financial services provider’s stock worth $26,535,000 after purchasing an additional 311,689 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in shares of Western Alliance Bancorporation by 14.3% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 34,478 shares of the financial services provider’s stock worth $2,899,000 after buying an additional 4,309 shares in the last quarter. Elevated Capital Advisors LLC acquired a new stake in shares of Western Alliance Bancorporation in the fourth quarter valued at about $162,000. Finally, CWM LLC lifted its stake in shares of Western Alliance Bancorporation by 143.8% in the fourth quarter. CWM LLC now owns 5,780 shares of the financial services provider’s stock worth $486,000 after buying an additional 3,409 shares in the last quarter. 79.15% of the stock is currently owned by hedge funds and other institutional investors.
Trending Headlines about Western Alliance Bancorporation
Here are the key news stories impacting Western Alliance Bancorporation this week:
- Positive Sentiment: Q4 results beat expectations — EPS $2.59 vs. $2.40 est., revenue $913.5M (+17% y/y), healthy net margin (17.14%) and ROE (12.93%) — supports valuation re‑rating. Business Wire — Q4 Results
- Positive Sentiment: Jefferies raised its price target to $110 and maintained a “buy” — represents ~24% upside vs. current levels and signals conviction from a large broker. Jefferies PT Raise (TickerReport)
- Positive Sentiment: Keefe, Bruyette & Woods lifted its target to $101 with an “outperform” rating, giving another institutional endorsement for upside potential. Keefe Bruyette & Woods PT Raise (TickerReport)
- Positive Sentiment: Analyst coverage and commentary highlight building growth momentum after Q4, with at least one upgrade/positive note from independent coverage. Seeking Alpha — Upgrade/Analysis
- Neutral Sentiment: JPMorgan reaffirmed a “neutral” stance but raised its target to $105, indicating cautious optimism — support for upside exists but with reservation. Benzinga — JPMorgan Note
- Neutral Sentiment: Full earnings materials and call transcript are available for deeper due diligence (slides, press release, transcript). Useful for investors assessing sustainability of margin and loan/deposit trends. Earnings Call Transcript (Seeking Alpha)
- Neutral Sentiment: Market commentary is discussing whether WAL’s current pricing already reflects longer‑term returns and regional bank resilience — a thematic piece that may temper short‑term buying. Yahoo Finance — Thematic Pricing Piece
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.
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