Western Alliance Bancorporation
Western Alliance Bancorporation (NYSE: WAL) is trading at $77.05, about ₹7,391 at today's USD/INR rate, as of 28 Sep 2026, 12:31 PM ET, down 0.73% today. Indian residents can buy Western Alliance Bancorporation from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$76.26
Today's high
$77.39
52 week low
$65.82
52 week high
$97.23
WAL opened at $77.26, closed previously at $77.61, and has traded between $65.82 and $97.23 over the past 52 weeks.
About
Western Alliance Bancorporation serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada. The company structures its business across Commercial, Consumer Related, and Corporate & Other segments. Its deposit offerings include checking, savings, and money market accounts, as well as fixed-rate and fixed-maturity certificates of deposit. Additionally, it delivers treasury management and residential mortgage services. The company's lending activities are diverse, encompassing commercial and industrial loans such as working capital lines of credit, financing for technology companies, inventory and accounts receivable lines, mortgage warehouse facilities, and equipment loans and leases. Western Alliance also provides commercial real estate loans, secured by properties like multi-family residential units, professional offices, industrial sites, retail centers, and hotels. Its construction and land development loans support projects ranging from single and multi-family residential developments to industrial/warehouse facilities, office buildings, retail spaces, medical offices, and residential lot developments. Consumer loan products are also available. Beyond core banking, Western Alliance offers a variety of other financial services, including internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier services, and comprehensive cash management solutions. Furthermore, the company holds various investment securities, municipal and non-profit loans, and leases, and makes strategic investments in low-income housing tax credits and small business investment corporations, alongside real estate loans and related securities. Founded in 1994 and based in Phoenix, Arizona, Western Alliance Bancorporation operates a network of 36 branch locations and several loan production offices.
Key statistics
Avg. volume
1.05M
Market cap
$8.41B
P/E Ratio
8.56
Price-to-sales ratio
1.64
Enterprise value
$9.93B
Free cash flow yield
-19.62%
Debt-to-equity ratio
0.95
Return on equity
12.99%
ROIC
1.03%
Beta
1.32
Dividend yield
2.18%
Last dividend
$1.68
Financial overview
Revenue
$5.28B
Earnings per share
$8.79
Free cash flow
-$2.79B
Net profit margin
19.29%
Gross margin
56.57%
EBITDA
$1.34B
Revenue growth
5.17%
Similar securities
This is not an investment recommendation
How to buy Western Alliance Bancorporation from India
Indian residents can buy Western Alliance Bancorporation shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Western Alliance Bancorporation and place an order
Find Western Alliance Bancorporation by name or by its ticker, WAL, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Western Alliance Bancorporation trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Western Alliance Bancorporation position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Western Alliance Bancorporation from India
Trading and taxes when buying Western Alliance Bancorporation from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Western Alliance Bancorporation’s current yield is 2.18%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Western Alliance Bancorporation stock?
Yes. Western Alliance Bancorporation (WAL) has been listed on the New York Stock Exchange since 2005, in the Banks - Regional industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Western Alliance Bancorporation share cost in rupees?
One Western Alliance Bancorporation share is $77.05 — about ₹7,391 at a USD/INR rate of 95.93 on 27 Sep 2026. Both the Western Alliance Bancorporation price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Western Alliance Bancorporation from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Western Alliance Bancorporation?
Yes. One Western Alliance Bancorporation share is $77.05, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Western Alliance Bancorporation.
How are gains on Western Alliance Bancorporation shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Western Alliance Bancorporation price. Paasa issues a capital-gains statement for your return.
Does Western Alliance Bancorporation pay a dividend, and how is it taxed in India?
Yes. Western Alliance Bancorporation pays a dividend and the current yield is 2.18%; the last declared dividend was $1.68 per share, about ₹161.16. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Western Alliance Bancorporation from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Western Alliance Bancorporation shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Western Alliance Bancorporation shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Western Alliance Bancorporation holding, its cost and its closing value.
How do I sell Western Alliance Bancorporation and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.