Western Alliance Bancorporation WAL
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Western Alliance Bancorporation (WAL) Business Model and Operations Summary
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking and Corporate & Other.
Key Insights
Western Alliance Bancorporation (WAL) Core Market Data and Business Metrics
Latest Closing Price
$77.64Market Cap
$7.70 BillionPrice-Earnings Ratio
10.95Total Outstanding Shares
110.45 Million SharesTotal Employees
3,524Dividend
$0.38 Per Share QuarterlyIPO Date
June 30, 2005SIC Description
State Commercial BanksPrimary Exchange
New York Stock ExchangeHeadquarters
One E. Washington Street, Phoenix, AZ, 85004
Historical Stock Splits
| Execution Date | Split Amount |
|---|---|
| No Historical Stock Splits | |
Short Interest
Short Interest
This information is bi-monthly aggregated short interest data reported to the Financial Industry Regulatory Authority (FINRA) by broker-dealers.
Average Daily Volume: The average number of shares traded per day over the specified period.
Days to Cover: The estimated number of days it would take to cover all short positions based on average trading volume.
Settlement Date: The date on which the short interest data is considered settled, typically based on exchange reporting schedules.
Short Interest: The total number of shares that have been sold short but have not yet been covered or closed out.
Track Short Interest Levels to Gauge Bearish Market Sentiment and Short Squeeze Potential
| Short Interest | Bi-Weekly Change (%) | Settlement Date | Days to Cover |
|---|---|---|---|
| 5,235,745 Shares | -10.38% | 3/14/2025 | 4.06 |
| 5,841,991 Shares | +6.87% | 2/28/2025 | 4.41 |
| 5,466,650 Shares | +10.27% | 2/14/2025 | 6.71 |
| 4,957,419 Shares | -4.07% | 1/31/2025 | 3.25 |
| 5,167,917 Shares | -8.56% | 1/15/2025 | 4.6 |
| 5,651,808 Shares | -11.35% | 12/31/2024 | 4.56 |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Net Cash Flow, Continuing | $2.52 Billion |
| Net Cash Flow From Investing Activities | $-5.97 Billion |
| Net Cash Flow From Financing Activities | $11.23 Billion |
| Net Cash Flow From Operating Activities | $-2.74 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-5.97 Billion |
| Net Cash Flow From Operating Activities, Continuing | $-2.74 Billion |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Basic Earnings Per Share | $7.14 |
| Participating Securities, Distributed And Undistributed Earnings/Loss, Basic | $12.80 Million |
| Preferred Stock Dividends And Other Adjustments | $12.80 Million |
| Interest Income/Expense After Provision For Losses | $2.47 Billion |
| Income Tax Expense/Benefit, Current | $191.10 Million |
| Noninterest Income | $543.20 Million |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
| Comprehensive Income/Loss Attributable To Parent | $766.90 Million |
| Other Comprehensive Income/Loss | $-20.80 Million |
| Comprehensive Income/Loss | $766.90 Million |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Current Assets | $80.93 Billion |
| Noncurrent Liabilities | $0 |
| Liabilities | $74.23 Billion |
| Fixed Assets | $361 Million |
| Assets | $80.93 Billion |
| Equity Attributable To Noncontrolling Interest | $0 |
Historical Dividends
Current dividend: $0.38 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 5, 2025 | Feb 28, 2025 | Feb 14, 2025 | $0.38 | Quarterly |
| Oct 31, 2024 | Nov 29, 2024 | Nov 15, 2024 | $0.38 | Quarterly |
| Jul 31, 2024 | Aug 30, 2024 | Aug 16, 2024 | $0.37 | Quarterly |
| May 1, 2024 | May 31, 2024 | May 16, 2024 | $0.37 | Quarterly |
| Feb 5, 2024 | Mar 1, 2024 | Feb 16, 2024 | $0.37 | Quarterly |
| Oct 27, 2023 | Dec 1, 2023 | Nov 17, 2023 | $0.37 | Quarterly |