Western Alliance Bancorporation (WAL)
NYSEFinancialsBanks - RegionalSnapshot 2026-11-05
$75.88-4.24%
Close 2026-11-05 · 1-day change
NYSEFinancialsBanks - RegionalSnapshot 2026-11-05
QuarterlyIQ Insights · WAL
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -20.1% |
| Our one-year growth estimate | diamond | -13.3% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 6.9 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 230 industry peers · Company calendar date is not available
WAL — dividend update
Dated 2026-10-30
OTHER EVENTS. Quarterly Common and Preferred Stock Dividend. Pursuant to a unanimous written consent, dated October 30, 2026, the Board of Directors (the "Board") of Western Alliance Bancorporation declared a quarterly cash dividend of $0.46 per share of common stock (the "Common Stock Dividend"). The Common Stock Dividend will be payable November 27, 2026 to shareholders of record as of November 12, 2026. The Board also declared a quarterly cash dividend of $209.00 per share (equivalent to $…
Why it matters: Charge-offs fell to 0.30% in Q3, but they were 0.22% a year earlier. A rise would test the recent improvement in credit quality.
Worry ifQ4 annualized net loan charge-offs rise above 0.30%.
Less concerning ifQ4 annualized net loan charge-offs stay at or below 0.30%, and nonaccrual loans remain at or below 0.79% of HFI loans.
Why it matters: HFI loans grew 1.0% in Q3, while deposits were nearly flat. More deposit growth can fund lending without a sharp rise in the loan-to-deposit ratio.
Supportive ifQ4 HFI loans grow, deposits also rise, and the loan-to-deposit ratio stays at or below 75.3%.
Worry ifHFI loans grow as deposits fall. The loan-to-deposit ratio rises above 75.3%.
Why it matters: Deposit actions cut ECR-related costs by $14 million in Q3. Stable deposits would show that lower costs did not weaken the funding base.
Supportive ifIn Q4, ECR-related deposit costs fall again. Total deposits stay at or above $81.8 billion.
Worry ifTotal deposits fall below $81.8 billion after more deposit cost cuts.
Why it matters: Net interest margin rose to 3.57% in Q3. Management said higher liability costs partly offset better asset yields, so the next result tests that balance.
Watch forQ4 net interest margin rises above 3.57%.
Also watch forQ4 net interest margin falls below 3.57%.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$113 on $10,000 · ±1.1% | How much price usually moves either way. |
| Bad day | $341 loss on $10,000 · 3.4% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $3,027 loss on $10,000 · 30.3% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The board declared a $0.46 per-share cash dividend. The payment date shows if shareholders get the announced return on schedule.
Supportive ifWAL pays the $0.46-per-share common dividend on November 27, 2026.
Worry ifWAL delays or cancels the November 27 payment, or pays less than $0.46 per share.