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Western Alliance Bancorporation

WAL | US

88.69

USD

3.26

3.82%

WAL | US

About Western Alliance Bancorporation

Sector

Financial Services

Industry

Banks - Regional - US

Earnings date

30/06/2024

As of date

11/10/2024

Close

88.69

Open

86.34

High

88.87

Low

86.22

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona California and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products including checking savings and money market accounts as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products such as working capital lines of credit loans to technology companies inventory and accounts receivable lines mortgage warehouse lines equipment loans and leases and other commercial loans; commercial real estate loans which are secured by multi-family residential properties professional offices industrial facilities retail centers hotels and other commercial properties; construction and land development loans for single family and multi-family residential projects industrial/warehouse properties office buildings retail centers medical office facilities and residential lot developments; and consumer loans. In addition the company provides other financial services such as internet banking wire transfers electronic bill payment and presentment funds transfer and other digital payment offerings lock box services courier and cash management services. Further it holds certain investment securities municipal and non-profit loans and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix Arizona.

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WAL | US

Risk
32.6
Sharpe
2.33
Luna's Score
69/100
Recommendation
Buy

Luna says (WAL | US)

What's Working

Positive Momentum

Low Debt to Asset (< 0.2)

Value Stock (Price to Book < 3)

Strong Operating Margin (> 25%)

Strong Revenue Growth (> 10%)

Strong Sharpe Ratio (> 1.2)

What's not Working

Midcap (2B - 10B USD)

High Market Beta (> 0.8)

High Debt to Equity (> 0.75)

Volatility Signals

Bearish: Increased Volatility (6-month > 1-month volatility)

Risk Meter

10 days

32.1%

1 month

32.6%

3 months

38.0%

6 months

34.7%

Returns

Fundamental Ratios

PE

12.71

Fwd. PE

9.03

Price to book

1.51

Debt to equity

1.05

Debt to assets

0.08

Ent. to EBITDA

-

Ent. to rev.

7.03

PEG

1.84

Other Fundamentals

EBITDA

-

MarketCap

9.76B

MarketCap(USD)

9.76B

Div. yield

1.75

Op. margin

38.34

Erngs. growth

-10.70

Rev. growth

13.50

Ret. on equity

12.24

Short ratio

4.91

Short perc.

4.80

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

6.03

Range1M

11.66

Range3M

22.59

Volumes: Market Activity

Rel. volume

0.66

Price X volume

115.53M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Mohawk Industries IncMHKFurnishings Fixtures & Appliances157.310.19B0.33%n/a36.90%
Tempur Sealy International IncTPXFurnishings Fixtures & Appliances50.648.79B-1.09%25.37768.63%
First Horizon National CorporationFHNBanks - Regional - US16.388.78B3.80%12.8765.70%
Webster Financial CorporationWBSBanks - Regional - US47.868.20B3.89%9.9244.98%
Comerica IncorporatedCMABanks - Regional - US61.288.13B3.23%13.05135.72%
Commerce Bancshares IncCBSHBanks - Regional - US59.97.72B2.64%15.8681.44%
Pinnacle Financial Partners IncPNFPBanks - Regional - US98.697.62B3.02%19.0544.65%
Cullen/Frost Bankers IncCFRBanks - Regional - US118.87.56B2.57%13.82118.27%
South State CorporationSSBBanks - Regional - US99.077.55B3.43%15.4612.24%
Wintrust Financial CorporationWTFCBanks - Regional - US1117.38B3.86%11.0878.29%
  • 1

Diversifiers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Henry Schein IncHSICMedical Distribution70.538.94B0.70%26.0480.81%
Dolby Laboratories IncDLBMedia - Diversified74.067.06B1.06%34.730.00%
The AZEK Company IncAZEKBuilding Products & Equipment44.516.43B1.95%38.4149.22%
Cinemark Holdings IncCNKMedia - Diversified29.683.63B3.67%25.98934.91%
Prestige Brands Holdings IncPBHMedical Distribution69.583.45B1.71%16.8365.62%
VeriFone Systems IncPAYBuilding Products & Equipment22.782.70B7.71%80.002.10%
HNI CorporationHNIBuilding Products & Equipment53.052.50B1.75%21.5776.47%
Patterson Companies IncPDCOMedical Distribution20.651.82B2.48%11.3894.43%
Lions Gate Entertainment CorpLGF-BMedia - Diversified6.751.70B0.00%n/a28882.88%
Lions Gate Entertainment CorpLGF-AMedia - Diversified7.61.68B-0.78%n/a28882.88%
  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA--25.08-
Ent. to Revenue7.0367.78Cheaper
PE Ratio12.7117.15Cheaper
Price to Book1.513,477.52Cheaper
Dividend Yield1.753.35Poor
Std. Deviation (3M)37.9635.62Par
Debt to Equity1.050.68Expensive
Debt to Assets0.080.08Par
Market Cap9.76B3.09BMarket Leader
  • 1

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