Western Alliance Bancorporation (WAL) Projected to Announce Quarterly Earnings on Monday

Western Alliance Bancorporation (NYSE:WAL) is projected to release its Q3 2026 results after the market closes on Monday, October 19th. Analysts expect the company to post earnings of $2.42 per share and revenue of $987.91 million for the quarter. Investors may visit the company’s upcoming Q3 2026 earnings report for the latest details on the call scheduled for Tuesday, October 20, 2026 at 12:00 PM ET.

Western Alliance Bancorporation (NYSE:WAL) last posted its quarterly earnings results on Tuesday, July 21st. The financial services provider reported $2.36 EPS for the quarter, meeting the consensus estimate of $2.36. The business had revenue of $995.70 million during the quarter, compared to analyst estimates of $980.53 million. Western Alliance Bancorporation had a net margin of 17.20% and a return on equity of 13.40%. The company’s quarterly revenue was up 17.7% on a year-over-year basis. During the same period in the previous year, the business posted $2.07 EPS. On average, analysts expect Western Alliance Bancorporation to post $9.06 EPS for the current fiscal year and $10.99 EPS for the next fiscal year.

Western Alliance Bancorporation Price Performance

WAL opened at $74.57 on Friday. The firm has a market cap of $8.14 billion, a price-to-earnings ratio of 8.40, a price-to-earnings-growth ratio of 0.76 and a beta of 1.42. Western Alliance Bancorporation has a fifty-two week low of $65.82 and a fifty-two week high of $97.23. The company’s 50-day moving average price is $78.14 and its 200 day moving average price is $79.03. The company has a quick ratio of 0.81, a current ratio of 0.86 and a debt-to-equity ratio of 0.93.

Western Alliance Bancorporation Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, August 27th. Shareholders of record on Thursday, August 13th were paid a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Thursday, August 13th. Western Alliance Bancorporation’s payout ratio is presently 18.92%.

Wall Street Analyst Weigh In

Several research firms have recently commented on WAL. JPMorgan Chase & Co. lowered their target price on Western Alliance Bancorporation from $93.00 to $90.00 and set a “neutral” rating for the company in a report on Thursday, October 1st. Royal Bank Of Canada dropped their price target on Western Alliance Bancorporation from $95.00 to $93.00 and set an “outperform” rating on the stock in a research report on Friday, October 9th. Wells Fargo & Company cut their price target on Western Alliance Bancorporation from $90.00 to $84.00 and set an “equal weight” rating on the stock in a report on Tuesday, September 29th. Raymond James Financial started coverage on Western Alliance Bancorporation in a report on Tuesday, September 22nd. They issued an “outperform” rating and a $90.00 price target on the stock. Finally, Stephens set a $95.00 price objective on Western Alliance Bancorporation and gave the company an “overweight” rating in a research report on Thursday, July 23rd. Twelve analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $92.18.

About Western Alliance Bancorporation

Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Its principal subsidiary, Western Alliance Bank, provides commercial and consumer banking services to businesses, institutions, entrepreneurs and individuals.

The company offers a range of financial products and services, including commercial and industrial loans, commercial real estate lending, residential mortgage warehouse financing, deposit accounts, treasury management, digital banking, payment services and personal banking products.