Western Alliance Bancorporation with ticker code (WAL) now have 12 analysts covering the stock. Analyst consensus points to a buy rating. The range between the high target price and the low target price is between 100 and 70 and has an average target at 87.58. Together with the stock’s previous close at 74.72, this would indicate that there is upside potential of 17.2%. There is a 50-day moving average of 68.63 and the 200-day moving average is 77.84. The company’s market capitalization is $8,347 million. You can visit the company’s website by visiting: https://www.westernalliancebancorporation.com
The potential market capitalization would be $9,784 million based on market consensus.
You can now share it on Stocktwits, just click on the logo below and add the ticker in the text to be seen.
Western Alliance Bancorporation operates as a bank holding company for Western Alliance Bank which provides various banking products and related services primarily in Arizona, California and Nevada. It operates in Commercial, Consumer Related, Corporate & Other segments. The Company offers deposit products, including checking, savings and money market accounts, as well as certificates of deposit accounts with fixed rates and fixed maturities; and cash management and residential mortgage products and services. It also offers commercial and industrial lending products, such as working capital lines of credit, technology company loans, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases. equipment and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, shopping malls, hotels and other commercial properties; construction and land development loans for single and multi-family residential projects, industrial/warehouse properties, office buildings, shopping malls, medical practices and residential land development; and consumer loans. In addition, the Company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, safe deposit box, courier and cash management services. In addition, it holds certain investment securities, municipal and not-for-profit loans and leases; invests primarily in low-income housing tax credits and small business investment companies; and holds certain real estate loans and related securities. The company operates 36 branches, as well as loan origination offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.