western alliance bank serves customers in in arizona, california, and nevada. the company provides services to businesses, entrepreneurs, professionals, nonprofit organizations, high net worth individuals and other consumers seeking the robust product array of a national bank with the individual, personal attention of a community bank, delivered through a dedicated, local relationship manager.
Company profile
Ticker
WAL, WAL-PA
Exchange
CEO
Kenneth Vecchione
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Western Alliance Corporate Finance • Western Alliance Public Finance • Western Alliance Resort Finance • CS Insurance Co. • BES Comp Services Co. • Digital Settlement Technologies, LLC • Helios Prime, Inc. • WA PWI, LLC • Western Alliance Trust Company • Western One, LLC ...
WAL stock data
Latest filings (excl ownership)
8-K
First Quarter 2024 Financial Results
18 Apr 24
PX14A6G
Letter to shareholders
27 Mar 24
10-K
2023 FY
Annual report
27 Feb 24
8-K
INVESTOR UPDATE 1st Quarter 2024
14 Feb 24
UPLOAD
Letter from SEC
7 Feb 24
8-K
Other Events
6 Feb 24
CORRESP
Correspondence with SEC
5 Feb 24
UPLOAD
Letter from SEC
26 Jan 24
8-K
Fourth Quarter and Full Year 2023 Financial Results
25 Jan 24
10-Q
2023 Q3
Quarterly report
31 Oct 23
Transcripts
WAL
Earnings call transcript
2023 Q4
26 Jan 24
WAL
Earnings call transcript
2023 Q3
20 Oct 23
WAL
Earnings call transcript
2023 Q2
19 Jul 23
WAL
Earnings call transcript
2023 Q1
19 Apr 23
WAL
Earnings call transcript
2022 Q4
25 Jan 23
WAL
Earnings call transcript
2022 Q3
22 Oct 22
WAL
Earnings call transcript
2022 Q2
22 Jul 22
WAL
Earnings call transcript
2022 Q1
22 Apr 22
WAL
Earnings call transcript
2021 Q4
28 Jan 22
WAL
Earnings call transcript
2021 Q3
22 Oct 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 3.50 bn | 3.50 bn | 3.50 bn | 3.50 bn | 3.50 bn | 3.50 bn |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | (no burn) | 256.63 mm | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | n/a | 1.71 bn | n/a |
Cash remaining | n/a | n/a | n/a | n/a | 1.79 bn | n/a |
Runway (months of cash) | n/a | n/a | n/a | n/a | 7.0 | n/a |
Institutional ownership, Q3 2023
80.3% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 336 |
Opened positions | 71 |
Closed positions | 51 |
Increased positions | 118 |
Reduced positions | 95 |
13F shares | Current |
---|---|
Total value | 4.05 tn |
Total shares | 88.52 mm |
Total puts | 1.87 mm |
Total calls | 1.98 mm |
Total put/call ratio | 0.9 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 10.02 mm | $460.72 bn |
BLK Blackrock | 5.69 mm | $261.69 bn |
T. Rowe Price | 5.29 mm | $241.19 bn |
Citadel Advisors | 4.04 mm | $185.59 bn |
Thrivent Financial For Lutherans | 4.00 mm | $182.19 bn |
STT State Street | 3.86 mm | $177.54 bn |
William Blair Investment Management | 3.44 mm | $158.29 bn |
T. Rowe Price Investment Management | 3.33 mm | $151.75 bn |
Davis Asset Management | 2.50 mm | $114.93 bn |
Wellington Management | 2.30 mm | $105.88 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Apr 24 | Lynne Herndon | Common Stock | Sale back to company | Dispose D | No | No | 56.16 | 35 | 1.97 k | 829 |
15 Apr 24 | Lynne Herndon | Common Stock | Option exercise | Acquire M | No | No | 0 | 35 | 0.00 | 864 |
15 Apr 24 | Lynne Herndon | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 35 | 0.00 | 1,172 |
15 Apr 24 | Jessica H Jarvi | Common Stock | Sale back to company | Dispose D | No | No | 56.16 | 58 | 3.26 k | 12,162 |
15 Apr 24 | Jessica H Jarvi | Common Stock | Option exercise | Acquire M | No | No | 0 | 58 | 0.00 | 12,220 |
15 Apr 24 | Jessica H Jarvi | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 58 | 0.00 | 1,955 |
15 Apr 24 | Emily Nachlas | Common Stock | Sale back to company | Dispose D | No | No | 56.16 | 72 | 4.04 k | 14,084 |
15 Apr 24 | Emily Nachlas | Common Stock | Option exercise | Acquire M | No | No | 0 | 72 | 0.00 | 14,156 |
15 Apr 24 | Emily Nachlas | RSU Common Stock | Option exercise | Dispose M | No | No | 0 | 72 | 0.00 | 2,445 |
15 Apr 24 | Timothy W Boothe | Common Stock | Sale back to company | Dispose D | No | No | 56.16 | 97 | 5.45 k | 62,513 |
News
Wedbush Maintains Outperform on Western Alliance, Lowers Price Target to $70
19 Apr 24
Western Alliance Reports Mixed Q1 Results: Earnings Miss, Revenue Beats
18 Apr 24
UPDATE: Western Alliance Q1 Adj EPS $1.72 Beats $1.66 Estimate, Sales $728.80M Beat $697.04M Estimate
18 Apr 24
Western Alliance Q1 EPS $1.60 Misses $1.66 Estimate, Sales $728.80M Beat $697.04M Estimate
18 Apr 24
10 Financials Stocks Whale Activity In Today's Session
18 Apr 24
Press releases
Western Alliance Bancorporation Reports First Quarter 2024 Financial Results
18 Apr 24
Western Alliance Bancorporation Announces First Quarter 2024 Earnings Release Date, Conference Call and Webcast
9 Apr 24
KBRA Publishes Ratings for Western Alliance Trust Company, N.A.
5 Apr 24
Western Alliance Bank Bolsters Commercial and Industrial Team with Strategic Hires Katie McDowell and Jon VanDerMeid
27 Mar 24
Bret Rathwick and Michael Anthony Join Commercial and Industrial Team at Western Alliance Bank
20 Feb 24