WAL
Financial ServicesWestern Alliance Bancorporation · Banks - Regional · $9B
What is Western Alliance Bancorporation?
Western Alliance Bancorporation is a Phoenix-based bank holding company serving businesses and consumers primarily across Arizona, California, and Nevada through Western Alliance Bank.
The company generates revenue through commercial lending, deposit-gathering, and treasury management services. It serves technology companies, real estate developers, and commercial borrowers with products ranging from working capital lines of credit to commercial real estate loans and residential mortgages.
Western Alliance Bancorporation was founded in 2005 and is headquartered in Phoenix, Arizona.
- Commercial and industrial loans
- Commercial real estate lending
- Deposit accounts and treasury management
- Residential mortgage products
Is WAL a Good Stock to Buy?
UQS Score rates WAL as Below Average overall, reflecting meaningful weaknesses across several key pillars.
Valuation stands out as Attractive relative to peers, and both Quality and Growth register as Neutral — neither a clear drag nor a standout.
The Moat and Risk pillars both score Weak, signaling limited competitive differentiation and above-average exposure to financial and credit risks.
See the exact pillar breakdown and full financial metrics by signing up for a Pro account at UQS Score. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does WAL pay dividends?
Yes — Western Alliance Bancorporation pays a dividend.
Western Alliance pays a regular dividend, which is common among regional bank holding companies. The dividend reflects the company's ability to return capital to shareholders while maintaining lending operations. Income-focused investors should review the current yield and payout details on the company's investor relations page.
When does WAL report earnings?
Western Alliance Bancorporation reports earnings on a quarterly cadence, typical for US-listed bank holding companies.
Results have reflected the broader regional banking environment, with net interest income and loan growth as key drivers. Credit quality and deposit trends remain closely watched metrics for this segment.
For the most recent quarter's results, visit Western Alliance Bancorporation's investor relations page.
WAL Price History
-13.9% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Western Alliance Bancorporation?
Based on Western Alliance Bancorporation's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does Western Alliance Bancorporation do?
Western Alliance Bancorporation operates Western Alliance Bank, offering commercial loans, real estate lending, deposit products, and treasury management services. It primarily serves businesses and consumers in Arizona, California, and Nevada, with a notable focus on technology companies and commercial real estate borrowers.
Does WAL pay dividends?
Yes, Western Alliance pays a regular dividend. Regional banks commonly distribute dividends as a way to return capital to shareholders. For current yield and payment schedule details, check the company's investor relations page or your brokerage platform.
When does WAL report earnings?
Western Alliance reports earnings quarterly, in line with standard US-listed company practice. For the exact dates of upcoming releases, refer to Western Alliance Bancorporation's official investor relations page.
Is WAL a good stock to buy?
The UQS Score rates WAL as Below Average, driven by Weak Moat and Risk pillar scores. Valuation is rated Attractive, which may interest certain investors. The complete pillar breakdown is available to Pro members at UQS Score.
Is WAL overvalued?
Based on the UQS Valuation pillar, WAL is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamentals. However, valuation alone does not determine overall quality — the Moat and Risk pillars also factor into the full picture.
What is WAL's market cap bracket?
Western Alliance Bancorporation is classified as a mid-cap company. This places it in a tier that typically offers more growth potential than large-cap banks but with greater sensitivity to credit cycles and regional economic conditions.
Is WAL a long-term quality investment?
As a long-term quality indicator, the UQS Score rates WAL as Below Average. Weak scores on Moat and Risk suggest limited durable competitive advantages and elevated risk factors. Investors focused on long-term quality may want to review the full analysis available to Pro members.
What sector does WAL belong to?
Western Alliance Bancorporation operates in the Financial Services sector, specifically as a regional bank holding company. Regional banks are sensitive to interest rate changes, credit conditions, and local economic trends in their primary markets.
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Pro Analysis
WAL — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 21, 2026 | 43.6 | 46.9 | 24.0 | 44.5 | 23.5 | 89.9 | 0.0 |
| May 19, 2026 | 43.6 | 46.9 | 24.0 | 44.5 | 23.5 | 89.5 | -1.7 |
| May 1, 2026 | 45.3 | 49.2 | 24.0 | 44.5 | 25.5 | 95.4 | 0.0 |
| Apr 24, 2026 | 45.3 | 49.2 | 24.0 | 44.4 | 25.5 | 95.4 | 0.0 |
| Apr 18, 2026 | 45.3 | 49.2 | 24.0 | 44.3 | 25.5 | 95.4 | -0.7 |
| Apr 11, 2026 | 46.0 | 49.2 | 24.0 | 44.3 | 25.5 | 100.0 | 0.0 |
| Apr 2, 2026 | 46.0 | 49.2 | 24.0 | 44.4 | 25.5 | 100.0 | — |
WAL — Pillar Breakdown
Quality
— 46.9/100 (25%)Western Alliance Bancorporation has average quality metrics, with room for improvement in margins or capital efficiency.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Free cash flow relative to market value.
Growth
— 44.5/100 (20%)Western Alliance Bancorporation shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 23.5/100 (15%)Western Alliance Bancorporation presents elevated risk with concerns around leverage or financial stability.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 89.7/100 (15%)Western Alliance Bancorporation appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 24/100 (25%)Western Alliance Bancorporation operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for WAL.
Score Composition
Financial Data
More Stock Analysis
How is the WAL UQS Score Calculated?
The UQS (Unified Quality Score) for Western Alliance Bancorporation is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Western Alliance Bancorporation's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Western Alliance Bancorporation is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.