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Western Alliance Bancorporation

WAL Finance Major Banks
$76.67
▲ +1.8% Today
as of Oct 22, 16:53 ET
Last 30 days -3.17% Sep 14 → Oct 22
$71.64 $73.73 $75.83 $77.92 $80.01 Sep 14 Sep 22 Sep 29 Oct 07 Oct 14 Oct 22
Open
$74.68
High
$77.11
Low
$75.22
Volume
$1M
Avg Vol
$1M
Mkt Cap
$8.1B
P/E (TTM)
11.85
Beta
—
52w High
$97.23
52w Low
$65.82
Div Yield
—
Shares Out
—

Recent Press Releases & News last 60 days · 24 items

Oct 21 · 22:50 Motley Fool
Western Alliance: 3 Key Takeaways for Long-Term Investors
Oct 21 · 10:14 StockStory
The Top 5 Analyst Questions From Western Alliance Bancorporation’s Q3 Earnings Call
Oct 20 · 23:01 GuruFocus.com
Western Alliance Bancorp (WAL) (Q3 2026) Earnings Call Highlights: Deposit Optimization and ...
▸ Show all 24 press releases & news Free account →

WAL earnings at a glance

The options market is pricing a move of about ±4.2% after the report, a range of roughly $73.47 to $79.87 from today's $76.67. Over its last 6 reports the stock rose the next day 5 times and fell 1, moving ±2.2% on average; after the most recent report on Jul 21, 2026 it moved +3.6%. That means options currently expect more movement than WAL has typically delivered. WAL beat the consensus EPS estimate in 5 of its last 6 reported quarters. Implied volatility is currently 35%. The share price of $76.67 sits in the middle of its 52-week range.

More Finance stocks · All stocks · Earnings calendar

Overview

52-week range
$66
$97
35% of range
Avg surprise (last 6)
+10.5%
Avg reaction (last 6)
+0.9%
83% positive
Latest IV / EM
35%
EM ±4.2% · $75 · Oct 16

Earnings trends

EPS — actual vs estimate Actual Estimate
$1.28$1.61$1.94$2.26$2.59 Actual $1.28Actual $1.96Actual $1.97Actual $1.60Actual $1.75Actual $1.80Actual $1.79Est $1.78Actual $2.07Est $2.04Actual $2.28Est $2.11Actual $2.59Est $2.40Actual $2.22Est $1.48Actual $2.22Est $2.33 MarJunSepMarJunSepMar/2025Jun/2025Sep/20258K8KJun/2026
Revenue vs Net Income Revenue Net income
$0$69M$137M$206M$275M Sep 24Mar 25Jun 25Sep 25Mar 26Jun 26

Earnings history

DatePeriodActual EPSEstSurpriseYoY %ΔDay reactSource
Tue Jul 21, 2026Jun/2026 $2.22 $2.33 -4.7% +12.6% +3.6% earnings
Tue Apr 21, 20268K 2026-04-21 $2.22 $1.48 +50.0% — +0.7% earnings
Mon Jan 26, 20268K 2026-01-26 $2.59 $2.40 +7.9% — +1.2% earnings
Tue Oct 21, 2025Sep/2025 $2.28 $2.11 +8.1% — +3.2% earnings
Thu Jul 17, 2025Jun/2025 $2.07 $2.04 +1.5% — -4.0% earnings
Mon Apr 21, 2025Mar/2025 $1.79 $1.78 +0.6% — +0.7% earnings
Mon Sep 30, 2024Sep 2024 $1.80 — — — — financials
Sun Jun 30, 2024Jun 2024 $1.75 — — — — financials
Sun Mar 31, 2024Mar 2024 $1.60 — — — — financials
Sat Sep 30, 2023Sep 2023 $1.97 — — — — financials
Fri Jun 30, 2023Jun 2023 $1.96 — — — — financials
Fri Mar 31, 2023Mar 2023 $1.28 — — — — financials

Financials

Income statement (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue$46M$67M—$24M$24M$23M—$15M
Cost of revenue————————
Gross profit————————
Operating income————————
Net income$262M$182M—$253M$230M$199M—$200M
EPS (diluted)$2.36$1.65—$2.28$2.07$1.79—$1.80

Balance sheet (quarterly)

MetricJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Cash & equivalents————————
Inventory————————
Total current assets————————
Total assets$98.70B$98.85B$92.77B$90.97B$86.72B$83.04B$80.93B$80.08B
Long-term debt$1.48B$1.09B$1.39B$2.90B$2.91B$1.61B—$1.43B
Total liabilities$90.57B$90.94B$84.83B$83.28B$79.32B$75.83B$74.23B$73.40B
Total equity$7.84B$7.91B$7.65B$7.40B$7.41B$7.21B$6.71B$6.68B

Implied volatility — last 90 days

29%37%45%53%61% Jun 07 — IV 45% · EM ±6.2%Jun 08 — IV 42% · EM ±5.5%Jun 09 — IV 40% · EM ±5.0%Jun 10 — IV 41% · EM ±4.9%Jun 11 — IV 39% · EM ±4.3%Jun 12 — IV 39% · EM ±4.0%Jun 15 — IV 47% · EM ±3.4%Jun 16 — IV 49% · EM ±2.9%Jun 17 — IV 61% · EM ±2.5%Jun 19 — IV 38% · EM ±8.4%Jun 22 — IV 39% · EM ±8.2%Jun 23 — IV 39% · EM ±8.0%Jun 24 — IV 39% · EM ±7.8%Jun 25 — IV 38% · EM ±7.4%Jun 26 — IV 37% · EM ±7.1%Jun 29 — IV 38% · EM ±6.8%Jun 30 — IV 38% · EM ±6.6%Jul 01 — IV 38% · EM ±6.4%Jul 02 — IV 40% · EM ±6.4%Jul 03 — IV 41% · EM ±6.4%Jul 06 — IV 44% · EM ±6.1%Jul 07 — IV 38% · EM ±5.0%Jul 08 — IV 42% · EM ±5.3%Jul 09 — IV 36% · EM ±4.3%Jul 10 — IV 35% · EM ±3.9%Jul 13 — IV 43% · EM ±3.6%Jul 14 — IV 41% · EM ±3.0%Jul 15 — IV 41% · EM ±2.4%Jul 16 — IV 43% · EM ±1.8%Jul 20 — IV 41% · EM ±9.8%Jul 21 — IV 43% · EM ±10.0%Jul 22 — IV 33% · EM ±7.6%Jul 23 — IV 32% · EM ±7.3%Jul 24 — IV 33% · EM ±7.3%Jul 27 — IV 35% · EM ±7.2%Jul 28 — IV 34% · EM ±7.0%Jul 29 — IV 36% · EM ±7.2%Jul 30 — IV 35% · EM ±6.9%Jul 31 — IV 34% · EM ±6.5%Aug 03 — IV 34% · EM ±6.1%Aug 04 — IV 37% · EM ±6.4%Aug 05 — IV 35% · EM ±5.9%Aug 06 — IV 34% · EM ±5.5%Aug 07 — IV 31% · EM ±4.9%Aug 10 — IV 34% · EM ±4.7%Aug 11 — IV 33% · EM ±4.3%Aug 12 — IV 31% · EM ±3.8%Aug 13 — IV 31% · EM ±3.6%Aug 14 — IV 29% · EM ±3.2%Aug 17 — IV 36% · EM ±3.0%Aug 18 — IV 38% · EM ±2.8%Aug 19 — IV 39% · EM ±2.3%Aug 20 — IV 46% · EM ±1.9%Aug 24 — IV 33% · EM ±6.9%Aug 25 — IV 31% · EM ±6.3%Aug 26 — IV 30% · EM ±6.0%Aug 27 — IV 31% · EM ±6.2%Aug 28 — IV 30% · EM ±5.8%Aug 31 — IV 31% · EM ±5.4%Sep 01 — IV 31% · EM ±5.4%Sep 02 — IV 33% · EM ±5.5%Sep 03 — IV 30% · EM ±4.9%Sep 04 — IV 29% · EM ±4.6%Sep 07 — IV 33% · EM ±4.6%Sep 08 — IV 32% · EM ±4.2%Sep 09 — IV 30% · EM ±3.7%Sep 10 — IV 36% · EM ±4.2%Sep 11 — IV 32% · EM ±3.6%Sep 14 — IV 36% · EM ±3.0%Sep 15 — IV 42% · EM ±3.0%Sep 16 — IV 41% · EM ±2.4%Sep 17 — IV 38% · EM ±1.6%Sep 21 — IV 33% · EM ±6.8%Sep 22 — IV 33% · EM ±6.7%Sep 23 — IV 34% · EM ±6.7%Sep 24 — IV 34% · EM ±6.7%Sep 25 — IV 33% · EM ±6.4%Sep 28 — IV 35% · EM ±6.3%Sep 29 — IV 35% · EM ±6.1%Sep 30 — IV 35% · EM ±5.8%Oct 01 — IV 37% · EM ±6.0%Oct 02 — IV 39% · EM ±6.0%Oct 06 — IV 33% · EM ±4.4%Oct 07 — IV 34% · EM ±4.3%Oct 08 — IV 35% · EM ±4.2%

Sector peers

COLB
Columbia Banking System, Inc.
$8.0B $29.89+3.1%
PB
Prosperity Bancshares, Inc.
$7.9B $69.85+2.3%
CBSH
Commerce Bancshares, Inc.
$7.7B $56.51+1.7%
ZION
Zions Bancorporation N.A.
$9.0B $66.39+2.8%
ONB
Old National Bancorp
$9.3B $25.16-0.7%
CFR
Cullen/Frost Bankers, Inc.
$9.3B $157.68+1.1%

WAL earnings FAQ

What is WAL's expected move for earnings?

Options currently price a move of about ±4.2%, or $3.20 per share either way from $76.67.

How does WAL stock usually react to earnings?

Across the last 6 reports the average next-day move was ±2.2%, up 5 times and down 1 times.

What is WAL's implied volatility?

WAL's at-the-money implied volatility is about 35% based on the latest options snapshot.

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