Western Alliance BancorporationWAL

Is WAL cheap right now? Every multiple below is scored against its own 10-year range, not a sector average.

$77.80+1.84 (+2.42%)24:00 UTC
NYSEFinancial Services

Company snapshot

Market Cap
$8B
Mid-cap
+109%
2016 — today
10-Year Price
+103%
2016 — today
52-Week Range
$66.70$96.08
Current $77.80· 38%

Western Alliance Bancorporation serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada. The company structures its business across Commercial, Consumer Related, and Corporate & Other segments. Its deposit offerings include checking, savings, and money market accounts, as well as fixed-rate and fixed-maturity certificates of deposit. Additionally, it delivers treasury management and residential mortgage services. The company's lending activities are diverse, encompassing commercial and industrial loans such as working capital lines of credit, financing for technology companies, inventory and accounts receivable lines, mortgage warehouse facilities, and equipment loans and leases. Western Alliance also provides commercial real estate loans, secured by properties like multi-family residential units, professional offices, industrial sites, retail centers, and hotels. Its construction and land development loans support projects ranging from single and multi-family residential developments to industrial/warehouse facilities, office buildings, retail spaces, medical offices, and residential lot developments. Consumer loan products are also available. Beyond core banking, Western Alliance offers a variety of other financial services, including internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier services, and comprehensive cash management solutions. Furthermore, the company holds various investment securities, municipal and non-profit loans, and leases, and makes strategic investments in low-income housing tax credits and small business investment corporations, alongside real estate loans and related securities. Founded in 1994 and based in Phoenix, Arizona, Western Alliance Bancorporation operates a network of 36 branch locations and several loan production offices.

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Valuation in context

P/E ratio
8.6
Historically cheap
Historically cheap relative to the last 10 years
Sector median 13.1below sector
P/B ratio
1.1
Historically cheap
Historically cheap relative to the last 10 years
Sector median 1.1in line with sector
EV / EBITDA
2.2
Near historic low
Near historic low — last 10 years
Sector median 10.7below sector
Dividend Yield
2.2%
Above average
Above the 10-year average
Sector median 3.1%below sector
PEG ratio
4.7
Near historic high
Near historic highs — last 10 years
Sector median 1.3above sector
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