Western Alliance Bancorporation PE ratio WAL

Share price divided by earnings per share over the last twelve months, since 2012.

Today, Oct 23, 2026: 8.6×
10-year median: 10.9×
Against its 10-year history: 24th; percentile: 0 is its lowest day, 100 its highest
10-year range: 2.8× to 21.7×
Peer median: 12.4×

Western Alliance Bancorporation's PE ratio is 8.6× as of Oct 23, 2026: a share price of $76.12 against $8.88 of earnings per share over the last twelve months.

That is below its ten-year median of 10.9×, lower than on 76% of days in the last ten years.

Over that time it ranged from 2.8× in May 2023 to 21.7× in Feb 2017.

The median for 10 regional banks of a similar size is 12.4×.

PE ratio over time

median 10.9×

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	8.6×	7.7×	11.7×
2025	10.7×	8.7×	14.2×
2024	12.9×	7.4×	14.5×
2023	8.3×	2.8×	8.4×
2022	6.4×	6.1×	14.8×
2021	13.0×	12.2×	21.1×
2020	13.7×	5.4×	13.7×
2019	12.1×	9.3×	12.1×
2018	10.3×	9.9×	20.9×
2017	19.4×	16.4×	21.7×
2016	20.2×	14.7×	20.6×
2015	19.1×	16.0×	20.6×
2014	17.7×	15.3×	18.9×
2013	18.1×	13.9×	24.9×
2012	20.2×	18.1×	32.7×

Against its peers

Companies in Banks - Regional nearest Western Alliance Bancorporation's size, closest first, today.

Company	PE ratio
WALWestern Alliance Bancorporation	8.6×
PBProsperity Bancshares	12.0×
CBSHCommerce Bancshares	14.0×
COLBColumbia Banking System	12.3×
BPOPPopular	10.8×
WTFCWintrust Financial	12.1×
SSBSouthState Bank	11.1×
UBSIUnited Bankshares	13.3×
GBCIGlacier Bancorp	19.6×
HOMBHome Bancshares	12.4×
HWCHancock Whitney	14.4×
Peer median	12.4×

Where Western Alliance Bancorporation ranks

What the PE ratio tells you

Share price divided by earnings per share over the last twelve months. It is the price tag on a dollar of profit: 20× means you pay $20 for $1 of yearly earnings.

Blank while earnings are negative. A very low PE can mean the market expects profits to fall, so read it with growth and the company's own history.

More on Western Alliance Bancorporation

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.