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 in two segments, Commercial and Consumer Related. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, 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, 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. The company operates 38 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
IPO Year: 2005
Exchange: NYSE
Website: westernalliancebancorporation.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/21/2025 | $95.00 | Buy | Jefferies |
| 5/13/2025 | $92.00 | Buy | Truist |
| 12/17/2024 | Buy | UBS | |
| 10/7/2024 | $83.00 → $101.00 | Hold → Buy | Deutsche Bank |
| 4/22/2024 | $75.00 | Outperform | Hovde Group |
| 3/8/2024 | $91.00 | Overweight | Barclays |
| 1/30/2024 | $62.00 → $72.00 | Overweight → Equal Weight | Wells Fargo |
| 12/1/2023 | $61.00 | Buy | Citigroup |
| 8/25/2023 | $60.00 | Overweight | Piper Sandler |
| 6/28/2023 | $41.00 | Hold | Deutsche Bank |
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
4 - WESTERN ALLIANCE BANCORPORATION (0001212545) (Issuer)
Jefferies initiated coverage of Western Alliance Bancorp with a rating of Buy and set a new price target of $95.00
Truist initiated coverage of Western Alliance Bancorp with a rating of Buy and set a new price target of $92.00
UBS resumed coverage of Western Alliance Bancorp with a rating of Buy
Deutsche Bank upgraded Western Alliance Bancorp from Hold to Buy and set a new price target of $101.00 from $83.00 previously
Hovde Group resumed coverage of Western Alliance Bancorp with a rating of Outperform and set a new price target of $75.00
Barclays initiated coverage of Western Alliance Bancorp with a rating of Overweight and set a new price target of $91.00
Wells Fargo downgraded Western Alliance Bancorp from Overweight to Equal Weight and set a new price target of $72.00 from $62.00 previously
Citigroup initiated coverage of Western Alliance Bancorp with a rating of Buy and set a new price target of $61.00
Piper Sandler resumed coverage of Western Alliance Bancorp with a rating of Overweight and set a new price target of $60.00
Deutsche Bank initiated coverage of Western Alliance Bancorp with a rating of Hold and set a new price target of $41.00