CluenexWestern Alliance Bancorporation WAL
Western Alliance Bancorporation scores average on business quality (5.2 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Western Alliance Bancorporation does
Western Alliance Bancorp provides commercial banking products and services primarily to businesses and niche industries, generating revenue through net interest income and fee-based services.
- What it does best
Western Alliance excels at growing its top line faster than most peers, posting 12.0% revenue growth that places it in the top quartile of its sector at the 74th percentile.
- The main risk
Analyst price target trims from firms like JP Morgan and Wells Fargo highlight ongoing sentiment pressure, risking valuation compression if deposit costs squeeze margins further.
Quality, check by check
Scored against its own industry, from company filings.
Net margin is solid at 24.6%, but free cash flow margin ranks in the sector's bottom quartile at 4%, showing that profitability does not cleanly convert to cash generation.
The bank builds a regional commercial franchise moat locking in business clients, though its sector percentile for ROE sits at just 40, reflecting limited pricing power compared to large-cap rivals.
Revenue growth is running at 12.0%, accelerating from previous periods as specialized commercial banking segments scale up loan and deposit volumes.
Total debt sits at $2.5B with a debt-to-equity ratio of 0.33, while free cash flow remains negative at -$1.7B, showing capital absorption as the bank scales.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on WAL
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Western Alliance Bancorporation scores average on the Cluenex quality check (5.2 of 10), measured against its own industry. Profitability is weak, moat weak, growth steady and financial health fair.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 19, 2026.
See WAL today
- Today's verdict on WAL, and why
- Fair value with cautious, base and optimistic cases
- The exact price that would change the verdict
- Which stocks each signal names, the night it fires
Cite this page: Cluenex, “Western Alliance Bancorporation (WAL)”, https://cluenex.com/stocks/wal/, data as of Oct 10, 2026.