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Down 11.3% in 4 Weeks, Here's Why Western Alliance (WAL) Looks Ripe for a Turnaround
ZACKS· 2025-10-10 14:36
Core Viewpoint - Western Alliance (WAL) has experienced significant selling pressure, resulting in an 11.3% decline over the past four weeks, but analysts anticipate better-than-expected earnings in the near future [1] Technical Analysis - The Relative Strength Index (RSI) is a key technical indicator used to identify oversold conditions, with a reading below 30 typically indicating that a stock is oversold [2] - WAL's current RSI reading is 28.86, suggesting that the heavy selling may be exhausting itself and a price reversal could be imminent [5] Fundamental Analysis - There is a strong consensus among sell-side analysts to raise earnings estimates for WAL, leading to a 0.2% increase in the consensus EPS estimate over the last 30 days, which often correlates with price appreciation [7] - WAL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, indicating a potential turnaround [8]
Western Alliance: Don’t Worry About First Brands (NYSE:WAL)
Seeking Alpha· 2025-10-09 14:10
Shares of Western Alliance Bancorporation (NYSE: WAL ) dropped off more than 4% on Wednesday after reports circulated that the regional bank was financially exposed to the recent collapse of auto-parts marker First Brands Group. WesternAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensati ...
Western Alliance: Don't Worry About First Brands
Seeking Alpha· 2025-10-09 14:10
Shares of Western Alliance Bancorporation (NYSE: WAL ) dropped off more than 4% on Wednesday after reports circulated that the regional bank was financially exposed to the recent collapse of auto-parts marker First Brands Group. WesternAnalyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensati ...
Western Alliance stock slides after report on risks from First Brands (WAL:NYSE)
Seeking Alpha· 2025-10-08 17:29
Group 1 - Western Alliance Bancorporation (NYSE:WAL) stock experienced a decline of 3.4% in afternoon trading due to concerns over its exposure to debt linked to First Brands, an auto-parts manufacturer that filed for bankruptcy in September [3]
Western Alliance Bancorporation Announces Third Quarter 2025 Earnings Release Date, Conference Call and Webcast
Businesswire· 2025-10-02 17:00
PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation Announces Third Quarter 2025 Earnings Release Date, Conference Call and Webcast. ...
Western Alliance Bank Adds Todd Popovich to Los Angeles-Based CRE Team
Businesswire· 2025-09-30 17:46
LOS ANGELES--(BUSINESS WIRE)--Western Alliance Bank today announced that distinguished commercial real estate veteran Todd Popovich has joined the company as Managing Director for Institutional Commercial Real Estate Finance, California. In this role, Popovich is responsible for driving strategic growth while navigating today's evolving commercial real estate markets. At Western Alliance, he leads a client-focused team focused on delivering financing across all real estate product types and ent. ...
Western Alliance cut to Underweight at Wells Fargo on recent outperformance (WAL:NYSE)
Seeking Alpha· 2025-09-29 20:01
Group 1 - Wells Fargo Securities downgraded Western Alliance Bancorporation (NYSE: WAL) stock to Underweight from Equal Weight due to limited room for additional outperformance [3] - The shares have re-rated back to their historical 2x PE discount over the last 3 months, indicating a trend of underperformance [3]
KBW Reaffirms Outperform on Western Alliance Bancorporation (WAL) After $300M Buyback
Insider Monkey· 2025-09-29 18:53
Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal! AI is eating the world—and the machines behind it are ravenous. Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink. Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and b ...
The Best Bank Stocks to Buy
Kiplinger· 2025-09-19 11:02
Core Insights - Bank stocks are a significant indicator of the health of the American economy, often referred to as the economy's circulatory system, facilitating capital flow across various sectors [1][4] - The article discusses the characteristics of bank stocks, their importance to investors, and how to identify the best bank stocks to buy [5][17] Group 1: Definition and Importance of Bank Stocks - Bank stocks represent companies in the banking sector and are classified under the broader category of financial stocks, which includes various financial services [7][8] - They are divided into two sub-categories: diversified banks, which have a national footprint and offer a wide range of services, and regional banks, which operate in limited geographic areas [13] Group 2: Investment Rationale - Investors are drawn to bank stocks due to their critical role in the economy, although their performance can be cyclical, reflecting economic conditions [9][10] - Banks primarily earn through the interest-rate spread, charging higher interest on loans than they pay on deposits, making economic activity a key factor in their profitability [10][11] Group 3: Characteristics of Bank Stocks - Diversified banks may offer more stability due to their varied operations, while regional banks can be more volatile but may provide better short-term opportunities for active investors [14][15] - The consolidation trend in the banking industry presents potential for growth, with over 4,600 banks in the U.S. indicating room for mergers and acquisitions [16][17] Group 4: Criteria for Selecting Bank Stocks - Ideal bank stocks should be part of the S&P Composite 1500, have a long-term EPS growth rate of at least 5%, and a trailing-12-month return on equity of at least 10% [18][19][20] - Stocks should also have at least five covering analysts and a consensus Buy rating, indicating strong market interest and positive outlook [21][22]
Western Alliance Offers Shareholders a New Share Repurchase Program
ZACKS· 2025-09-16 18:20
Core Points - Western Alliance Bancorporation (WAL) has approved a new share repurchase program of up to $300 million with no expiration date, providing flexibility for share buybacks [1][11] - The repurchase may occur through various methods including open-market purchases and private transactions, adhering to SEC regulations [2][3] - WAL has a history of regular dividend payments, recently announcing a quarterly cash dividend of 38 cents per share, which reflects a 2.7% increase from the previous amount [4][5] - The company has a payout ratio of 20% and a current dividend yield of 1.71%, based on a closing price of $89.05 [5] - As of June 30, 2024, WAL's total cash and cash equivalents were $2.8 billion, with total debt at $6.7 billion, indicating a strong liquidity profile [8] - Over the past year, WAL shares have gained 3.5%, while the industry has seen a growth of 12.3% [9]