Western Alliance Bancorp: (NYSE: WAL)

$14.54

-0.42 (-2.81%)

Volume 331,468

May 22 04:04 PM ET

Zacks Rank: 2-Buy

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Overview Quote

            Stock Activity
        
		Day Low - High
		14.46 - 15.09
	
		52wk Low - High
		8.00 - 15.09
	
		Previous Close
		14.96
	
		Avg. Volume
		350,198
	
		Industry
		BANKS-WEST
	
		Market Cap
		1.30 B
	
		Div - Yield
		0.00 - 0.00
	
		Beta
		1.28
	
		PE (Forward)
		14.22
	
		Current Year Est.
		1.05
	
		Quarterly Earnings ESP 
		3.70%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		2
Buy

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
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The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

                                                                    Difference Between Zacks Rank and Zacks Recommendation

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		Outperform
	
		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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                                                                Zacks Industry Rank - All current industry ranks. 

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		60 out of 265
	
		Equity Research Report The Zacks Recommendations and Zacks Target Prices are just two of the valuable resources you'll find in the reports created by the Zacks Equity Research group. When Zacks Premium members click on this link they will taken to a page that gives them access to the Zacks Equity Research report for the stock.

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Updated as of 05/9/2013

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                Key Earnings Data
            
                            PE (Forward)
                            14.22
                        
                            PEG Ratio
                            1.90
                        
                            Current Year Est.
                            1.05
                        
                            Current Quarter Estimate
                            0.27
                        
                            Most Accurate Estimate
                            0.28
                        
                            Earnings ESP 
                            3.70%
                        
                            Next Earnings Report Date
                            07-18-2013
                        
                            EPS Last Year
                            0.86
                        
                            Expected Earnings Growth
                            7.50%
                        
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus.

            Company Description
        
Western Alliance Bancorporation is the parent company of BankWest of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Miller/Russell & Associates, and Premier Trust. These dynamic companies provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions.   
Full WAL Company Report

        
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Turn Earnings Surprises into quick profits.
 
WAL Chart  by YCharts

Earnings Estimates

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (12/2013)	Next Year (12/2014)
Average Estimate	0.27	0.27	1.05	1.19
Number of Estimates	9	9	9	9
Low Estimate	0.24	0.25	0.97	1.08
High Estimate	0.30	0.30	1.14	NA
Year Ago EPS	0.16	0.24	0.74	1.05
EPS Growth	68.06%	12.96%	42.19%	13.52%

More WAL Estimates

Average Earnings Estimates for WAL

EPS Growth for WAL

Industry Analysis

Name	Symbol	Previous Close
WESTERN ALLIANC	WAL	14.96
PREFERRED BANK	PFBC	16.66
TRICO BANCSHRS	TCBK	19.75
BOFI HLDG INC	BOFI	40.31
CENTRAL VLY COM	CVCY	8.77
COBIZ FINL INC	COBZ	8.86
COLUMBIA BK SYS	COLB	22.02
GLACIER BANCORP	GBCI	19.86
NORTHRIM BCP	NRIM	22.17
PACIFIC CONTL	PCBK	11.70

Sector:Finance>> Industry:BANKS-WEST

COMPARE TICKER vs. Its Peers

Zacks Commentary

Nasdaq's 1Q Earnings Beat Ests

Apr 24, 2013

Zions Beats Earnings & Revenues

Apr 23, 2013

First Republic Reports In-Line Earnings

Apr 16, 2013

U.S. Banks Stock Outlook - April 2013

Apr, 15 2013 00:00

U.S. Banks Stock Outlook - April 2013

Apr, 15 2013 00:00

Balanced View on Zions

Mar 22, 2013

Partial Nod for Zions Capital Plan

Mar 18, 2013

Zacks Industry Rank Analysis Highlights: Columbia Banking System, Western Alliance Bancorporation, Bridge Capital Holdings and Bank of Hawaii

Mar 15, 2013

More WAL Zacks Commentary

Financials

EPS TTM	0.86
Sales	363
Net Income	83
Price/Earnings	17.40
Price/Book	2.03
Price/Cash Flow	15.14
Price/Sales	3.55

More WAL Financials

News

Shares of WAL Up 40.8% Since Uptrend Call on Shares - Comtex Smartrend(R)

May 22, 2013

Buyers Accumulate Shares of Western Alliance Bancorp, Up 1.6% - Financial News Network Online - Market Movers

May 17, 2013

Shares of Western Alliance Bancorp Rise Above Previous 52-Week High - Financial News Netwfork Online - 52-Week High-Lows

May 15, 2013

Uptrend Call Working As Western Alliance Bancorp Stock Rises 40.1% (WAL) - Comtex Smartrend(R)

May 8, 2013

Watch for Continued Gains in Shares of Western Alliance Bancorp (WAL) - Financial News Netwfork Online - 52-Week High-Lows

May 8, 2013

Shares of Western Alliance Bancorp Rank the Highest in Terms of Relative Performance in the Regional Banks Industry (WAL, TCBI, ZION, WBS, SUSQ) - Financial News Network Online - News Corner

May 7, 2013

Western Alliance Bancorporation to Present at the D.A. Davidson & Co. 15th Annual Financial Services Conference - Businesswire

May 7, 2013

Buyers Accumulate Shares of Western Alliance Bancorp, Up 1.9% - Financial News Network Online - Market Movers

May 6, 2013

See All News Stories on WAL

Broker Recommendations

Current ABR	2.30
ABR (Last Week)	2.30
# of recs in ABR	10
Average Target Price	14.88
Industry Rank by ABR	60 out of 265
Rank in Industry	3 out of 39

More WAL Broker Recommendations

Day Low - High	14.46 - 15.09
52wk Low - High	8.00 - 15.09
Previous Close	14.96
Avg. Volume	350,198
Industry	BANKS-WEST
Market Cap	1.30 B
Div - Yield	0.00 - 0.00
Beta	1.28
PE (Forward)	14.22
Current Year Est.	1.05
Quarterly Earnings ESP	3.70%

PE (Forward)	14.22
PEG Ratio	1.90
Current Year Est.	1.05
Current Quarter Estimate	0.27
Most Accurate Estimate	0.28
Earnings ESP	3.70%
Next Earnings Report Date	07-18-2013
EPS Last Year	0.86
Expected Earnings Growth	7.50%

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Western Alliance Bancorp: (NYSE: WAL)

$14.54

-0.42 (-2.81%)

Volume 331,468

May 22 04:04 PM ET

Stock Activity

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks Recommendation Long-Term: 6+ Months

Zacks Industry Rank

Equity Research Report

Key Earnings Data

Company Description