Saturday, February 28

How The Investment Story For Western Alliance Bancorporation (WAL) Is Shifting After Mixed Analyst Moves


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Western Alliance Bancorporation’s fair value estimate in this framework holds steady at US$102.67, even as individual analysts adjust their own price targets up or down. That stability sits against a split Street view, where some firms are trimming targets and at least one has moved to a downgrade, while others are still nudging targets higher into the high US$90s and low US$100s. As you read on, you will see how to track these shifting targets and what they might mean for your own view of the stock.

Stay updated as the Fair Value for Western Alliance Bancorporation shifts by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on Western Alliance Bancorporation.

  • UBS, TD Cowen, BofA, Citi and Keefe Bruyette have all maintained positive stances on Western Alliance while setting targets in a band that runs from the high US$90s to just above US$100. This lines up closely with the US$102.67 fair value in this framework.

  • UBS, TD Cowen and Truist link their views to sector level themes such as steepening yield curves, resumed share buybacks, loan and balance sheet growth and what they describe as valuation gaps for mid and SMID sized banks compared with larger peers.

  • Several of these firms, including UBS and Truist, frame Western Alliance within a broader mid cap and regional bank group that they see as positioned to regain ground relative to large banks, if their sector theses play out.

  • JPMorgan recently moved to a downgrade on Western Alliance, and Barclays and UBS have both trimmed price targets, which highlights that not all firms are comfortable with previous upside expectations.

  • The mix of target raises from BofA, Citi and Keefe Bruyette alongside target cuts from Barclays, UBS and TD Cowen points to greater debate around execution, earnings durability and how much potential is already reflected in the current share price.

Do your thoughts align with the Bull or Bear Analysts? Perhaps you think there’s more to the story. Head to the Simply Wall St Community to discover more perspectives!

NYSE:WAL 1-Year Stock Price Chart
NYSE:WAL 1-Year Stock Price Chart

We’ve flagged 2 risks for Western Alliance Bancorporation. See which could impact your investment.

  • Western Alliance plans an Analyst and Investor Day to outline its current thinking on strategy, operating priorities, and financial outlook, providing more detail on how management views growth and risk.

  • The board is scheduled to meet on February 5, 2026 to consider and approve a quarterly cash dividend of US$0.42 per common share, which may matter if you pay close attention to income streams.

  • Between October 1, 2025 and January 16, 2026, the company repurchased 680,412 shares for US$57.62m and completed a separate 800,000 share buyback for US$68.2m under a program announced on September 12, 2025.

  • For the fourth quarter ended December 31, 2025, Western Alliance reported unaudited net loan charge offs of US$44.6m compared with US$34.1m a year earlier, a key data point for credit quality analysis.



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