J.P. Morgan Reiterates a Buy Rating on Western Alliance Bancorporation (WAL), Sets a PT of $100

Western Alliance Bancorporation (NYSE:WAL) is one of the best high growth low PE stocks to invest in now. In a report released on August 14, Anthony Elian from J.P. Morgan maintained a Buy rating on Western Alliance Bancorporation (NYSE:WAL) and set a price target of $100.00.

Is Western Alliance Bancorp. (WAL) the Best GARP Stock to Buy Now?

Western Alliance Bancorporation reported its fiscal Q2 2025 results on July 17, reporting a net income of $237.8 million and earnings per share of $2.07, up 19.4% and 15.6%, respectively.

The company also reported a net revenue of $845.9 million, reflecting a growth of 8.7%, or $67.9 million, compared to a 2.9% growth in non-interest expenses.

Western Alliance Bancorporation is a bank holding company that provides lending, international banking, deposit, and online banking services and products. The company’s operations are divided into the following business segments: Commercial, Consumer Related, and Corporate and Other.

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This article is originally published at Insider Monkey.