Western Alliance Bancorporation

WAL Financial Banks Regional

Western Alliance Bancorporation’s revenue for fiscal 2025 (year ended December 2025) was $5.4 billion, up 5.64% from fiscal 2024.

Revenue
+3.58%
EPS
+6.52%
Free cash flow
+218.5%
Total debt
+46.7%

Quarter to September 2026, against a year earlier

75.68 0.20 −0.26%
Market cap
$8.2B
P/E
8.4×
Fwd P/E
8.5×
Dividend yield
2.21%
F-score
4/9
Altman Z
n/a
Beneish M
n/a
Dividend safety
n/a

Western Alliance Bancorporation (WAL) P/E ratio

Alert me on P/E ratio

As of 5 November 2026, Western Alliance Bancorporation (WAL) trades at a P/E ratio of 8.4×. Over the past ten years it has ranged from 2.1× (May 2023) to 21.3× (March 2017); the current reading is higher than 17% of that period. That is below the Banks Regional industry median of 12.0× and below the Financial sector median of 12.2×.

P/E ratio, daily

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Annual newest first

Period P/E ratio Change
FY2025 9.6× (18.51%)
FY2024 11.7× 18.80%
FY2023 9.9× 64.44%
FY2022 6.0× (51.45%)
FY2021 12.4× 4.35%
FY2020 11.9× 1.01%
FY2019 11.8× 23.51%
FY2018 9.5× (47.96%)
FY2017 18.3× (6.96%)
FY2016 19.7× 9.61%

Quarterly newest first

Period P/E ratio Change
Sep 2026 8.3× (10.15%)
Jun 2026 9.2× 12.38%
Mar 2026 8.2× (14.36%)
Dec 2025 9.6× (10.34%)
43 more quarters

Against its own ten years

Low 2.1× High 21.3×
Ten-year median 11.6×
Current reading's percentile 19

P/E ratio against peers

Company P/E ratio
ZION Zions Bancorporation, N.A. compare 8.0×
WAL Western Alliance Bancorporation 8.4×
ONB Old National Bancorp compare 10.2×
COLB Columbia Banking System, Inc. compare 10.6×
VLY Valley National Bancorp compare 11.0×
BOKF BOK Financial Corporation compare 11.8×
PB Prosperity Bancshares, Inc. compare 13.1×
CBSH Commerce Bancshares, Inc. compare 13.3×
CBC Central Bancompany compare 20.6×
Banks Regional industry median 12.0×
Financial sector median 12.2×
Market median 17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

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