Western Alliance Bancorporation (WAL) Competitors

$58.77
+1.94 (+3.41%)
(As of 05/1/2024 ET)

WAL vs. BPOP, WTFC, PB, SSB, CBSH, HOMB, UBSI, FFIN, GBCI, and COLB

Should you be buying Western Alliance Bancorporation stock or one of its competitors? The main competitors of Western Alliance Bancorporation include Popular (BPOP), Wintrust Financial (WTFC), Prosperity Bancshares (PB), SouthState (SSB), Commerce Bancshares (CBSH), Home Bancshares, Inc. (Conway, AR) (HOMB), United Bankshares (UBSI), First Financial Bankshares (FFIN), Glacier Bancorp (GBCI), and Columbia Banking System (COLB). These companies are all part of the "regional banks" industry.

Western Alliance Bancorporation vs.

Popular (NASDAQ:BPOP) and Western Alliance Bancorporation (NYSE:WAL) are both mid-cap finance companies, but which is the superior investment? We will contrast the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, valuation, dividends, community ranking, earnings, risk and media sentiment.

Popular has a beta of 0.81, indicating that its stock price is 19% less volatile than the S&P 500. Comparatively, Western Alliance Bancorporation has a beta of 1.47, indicating that its stock price is 47% more volatile than the S&P 500.

Popular currently has a consensus target price of $99.89, suggesting a potential upside of 14.95%. Western Alliance Bancorporation has a consensus target price of $70.56, suggesting a potential upside of 20.07%. Given Popular's stronger consensus rating and higher probable upside, analysts clearly believe Western Alliance Bancorporation is more favorable than Popular.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Popular
0 Sell rating(s)
2 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.78
Western Alliance Bancorporation
0 Sell rating(s)
2 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.87

Western Alliance Bancorporation has higher revenue and earnings than Popular. Western Alliance Bancorporation is trading at a lower price-to-earnings ratio than Popular, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Popular$3.90B1.61$541.34M$6.7412.89
Western Alliance Bancorporation$4.32B1.50$722.40M$6.868.57

In the previous week, Popular had 13 more articles in the media than Western Alliance Bancorporation. MarketBeat recorded 19 mentions for Popular and 6 mentions for Western Alliance Bancorporation. Popular's average media sentiment score of 0.77 beat Western Alliance Bancorporation's score of 0.46 indicating that Western Alliance Bancorporation is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Popular
7 Very Positive mention(s)
0 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
Western Alliance Bancorporation
2 Very Positive mention(s)
2 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Western Alliance Bancorporation received 61 more outperform votes than Popular when rated by MarketBeat users. Likewise, 66.36% of users gave Western Alliance Bancorporation an outperform vote while only 65.11% of users gave Popular an outperform vote.

CompanyUnderperformOutperform
PopularOutperform Votes
446
65.11%
Underperform Votes
239
34.89%
Western Alliance BancorporationOutperform Votes
507
66.36%
Underperform Votes
257
33.64%

Popular pays an annual dividend of $2.48 per share and has a dividend yield of 2.9%. Western Alliance Bancorporation pays an annual dividend of $1.48 per share and has a dividend yield of 2.5%. Popular pays out 36.8% of its earnings in the form of a dividend. Western Alliance Bancorporation pays out 21.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Popular has increased its dividend for 5 consecutive years and Western Alliance Bancorporation has increased its dividend for 3 consecutive years. Popular is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Western Alliance Bancorporation has a net margin of 16.50% compared to Western Alliance Bancorporation's net margin of 11.95%. Popular's return on equity of 14.99% beat Western Alliance Bancorporation's return on equity.

Company Net Margins Return on Equity Return on Assets
Popular11.95% 11.95% 0.80%
Western Alliance Bancorporation 16.50%14.99%1.19%

87.3% of Popular shares are owned by institutional investors. Comparatively, 79.2% of Western Alliance Bancorporation shares are owned by institutional investors. 2.1% of Popular shares are owned by insiders. Comparatively, 1.5% of Western Alliance Bancorporation shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Western Alliance Bancorporation beats Popular on 14 of the 21 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WAL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WAL vs. The Competition

MetricWestern Alliance BancorporationState commercial banks IndustryFinance SectorNYSE Exchange
Market Cap$6.26B$2.48B$8.67B$17.29B
Dividend Yield2.60%4.39%10.59%3.57%
P/E Ratio8.5711.5856.1121.05
Price / Sales1.501.833,607.9410.38
Price / Cash7.088.2527.7317.55
Price / Book1.111.012.344.86
Net Income$722.40M$420.72M$1.01B$964.63M
7 Day Performance0.32%-0.18%-0.02%-0.11%
1 Month Performance-3.99%-0.38%-1.37%-3.34%
1 Year Performance90.01%17.69%13.81%96.46%

Western Alliance Bancorporation Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
BPOP
Popular
4.9217 of 5 stars
$84.99
-1.4%
$99.89
+17.5%
+48.1%$6.14B$3.90B12.619,237Short Interest ↑
WTFC
Wintrust Financial
4.8987 of 5 stars
$96.64
-1.6%
$112.33
+16.2%
+45.7%$5.97B$3.33B9.995,521Dividend Announcement
Positive News
PB
Prosperity Bancshares
4.6717 of 5 stars
$61.97
-1.0%
$68.79
+11.0%
+2.1%$5.80B$1.60B14.283,850Positive News
SSB
SouthState
3.5713 of 5 stars
$75.76
-1.7%
$88.17
+16.4%
+15.0%$5.78B$2.23B12.365,070Earnings Report
Dividend Announcement
Analyst Report
Analyst Revision
CBSH
Commerce Bancshares
3.7848 of 5 stars
$54.68
-0.2%
$55.00
+0.6%
+0.4%$7.10B$1.95B15.254,728Short Interest ↑
HOMB
Home Bancshares, Inc. (Conway, AR)
3.5356 of 5 stars
$23.68
-1.7%
$26.00
+9.8%
+13.0%$4.76B$1.34B12.212,819Short Interest ↓
UBSI
United Bankshares
3.3426 of 5 stars
$32.46
-0.5%
$36.67
+13.0%
+4.2%$4.38B$1.54B12.392,635Earnings Report
FFIN
First Financial Bankshares
3.7053 of 5 stars
$29.56
-0.5%
$31.33
+6.0%
+4.2%$4.22B$636.07M21.111,500Positive News
GBCI
Glacier Bancorp
2.0854 of 5 stars
$36.18
-2.4%
$40.40
+11.7%
+18.1%$4.10B$1.14B20.673,358
COLB
Columbia Banking System
4.7191 of 5 stars
$18.81
-0.8%
$22.19
+18.0%
-6.8%$3.94B$2.74B8.075,114Earnings Report
Short Interest ↓
Analyst Revision

Related Companies and Tools

This page (NYSE:WAL) was last updated on 5/2/2024 by MarketBeat.com Staff

From Our Partners