
WAL Stock Forecast & Price Target
WAL Analyst Ratings
Bulls say
Western Alliance is expected to continue its positive trend of stable credit quality, with management reaffirming its full-year net charge-off guidance. The company also appeared to have a strong focus on risk management, balanced with a growth strategy and profitability targets. Despite some challenges in the consumer-related segment, the company's overall financials, including its NII and NIM, were in line with expectations.
Bears say
Western Alliance is facing pressure on its profitability targets due to a deposit optimization strategy that will result in a shift towards lower cost deposit verticals and a reduction in higher cost deposits. Additionally, the company's first quarter results were lower than expectations due to higher net interest expenses and provisions for loan losses. The company's moderate loan growth is being driven by seasonal mortgage-related balances, but its noninterest expenses remain high, causing a reduction in EPS forecasts and a decrease in price target.
This aggregate rating is based on analysts' research of Western Alliance Bancorporation and is not a guaranteed prediction by Public.com or investment advice.
WAL Analyst Forecast & Price Prediction
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