WAL vs CBSH

Comparison between Western Alliance Bancorp (WAL, Company) and Commerce Bancshares Inc (CBSH, Company).

Both WAL and CBSH are from the Financial Services sector.

5-Year PerformanceCBSH has outperformed WAL, delivering a return of +3.3% compared to -0.5%

WAL vs CBSH - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WAL(COMPANY)	CBSH(COMPANY)
Market Cap	$8.73B	$8.71B
Max Drawdown	92.14%	45.45%
Sharpe Ratio	0.14	0.13
5Y Beta	1.44	0.72
Industry	Banks - Regional	Banks - Regional
P/E Ratio	10.15	14.47
Forward P/E	8.26	13.23
PEG Ratio	1.06	N/A
Dividend Yield	1.98%	1.82%
5Y Dividends CAGR	10.07%	5.42%
5Y EPS CAGR	11.00%	-0.26%
Debt to Equity	73.67%	56.33%
Free Cash Flow Yield	-17.55%	12.90%

Market Cap

Winner

WAL

$8.73B

CBSH

$8.71B

Max Drawdown

WAL

92.14%

Winner

CBSH

45.45%

Sharpe Ratio

Winner

WAL

0.14

CBSH

0.13

5Y Beta

WAL

1.44

Winner

CBSH

0.72

Industry

WAL

Banks - Regional

CBSH

Banks - Regional

P/E Ratio

Winner

WAL

10.15

CBSH

14.47

Forward P/E

Winner

WAL

8.26

CBSH

13.23

PEG Ratio

WAL

1.06

CBSH

N/A

Dividend Yield

Winner

WAL

1.98%

CBSH

1.82%

5Y Dividends CAGR

Winner

WAL

10.07%

CBSH

5.42%

5Y EPS CAGR

Winner

WAL

11.00%

CBSH

-0.26%

Debt to Equity

WAL

73.67%

Winner

CBSH

56.33%

Free Cash Flow Yield

WAL

-17.55%

Winner

CBSH

12.90%

WAL vs CBSH - Historical Returns

Returns include dividend reinvestment.

Period	WAL	CBSH
1 month	-1.16%	+2.93%
3 months	+0.20%	+14.83%
6 months	-7.95%	+14.12%
1 year	+4.77%	+4.05%
5 years(CAGR)	-0.53%	+3.27%
10 years(CAGR)	+10.71%	+9.50%
Max(CAGR)	+6.29%	+8.70%

WAL

-1.16%

Winner

CBSH

+2.93%

WAL

+0.20%

Winner

CBSH

+14.83%

WAL

-7.95%

Winner

CBSH

+14.12%

Winner

WAL

+4.77%

CBSH

+4.05%

5Y(CAGR)

WAL

-0.53%

Winner

CBSH

+3.27%

10Y(CAGR)

Winner

WAL

+10.71%

CBSH

+9.50%

Max(CAGR)

WAL

+6.29%

Winner

CBSH

+8.70%

WAL vs CBSH - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	WAL	CBSH
2026	-3.98%	+15.00%
2025	+3.36%	-9.32%
2024	+31.83%	+22.87%
2023	+16.17%	-15.35%
2022	-44.64%	+4.50%
2021	+84.52%	+10.82%
2020	+6.36%	+3.68%
2019	+44.41%	+28.71%
2018	-30.56%	+7.33%
2017	+14.78%	+3.37%
2016	+38.66%	+50.76%
2015	+29.69%	+5.40%
2014	+19.11%	+5.74%
2013	+116.71%	+32.56%
2012	+60.52%	+1.71%
2011	-17.92%	+1.13%
2010	+87.28%	+5.93%
2009	-62.65%	-4.00%
2008	-42.01%	+7.16%
2007	-45.34%	-5.15%
2006	+15.29%	+0.47%
2005	+14.88%	+13.97%
2004	N/A	+11.61%
2003	N/A	+31.38%
2002	N/A	+9.37%
2001	N/A	+3.26%
2000	N/A	+38.21%
1999	N/A	-9.94%

WAL vs CBSH Drawdown Comparison

The maximum drawdown for WAL was -92.14%, occurring on Nov 11, 2009. Recovery took 2337 trading sessions.

The maximum drawdown for CBSH was -44.65%, occurring on Mar 9, 2009. Recovery took 996 trading sessions.

The current WAL drawdown is -26.63%. The current CBSH drawdown is -8.89%.

Rank	WAL	CBSH
#1	-92.14% Jul 28, 2006 - Nov 9, 2015	-44.65% Oct 1, 2008 - Sep 13, 2012
#2	-84.79% Nov 3, 2021 - May 4, 2023	-38.21% May 6, 2021 - Nov 6, 2024
#3	-64.49% Jun 8, 2018 - Jan 6, 2021	-34.85% Feb 11, 2020 - Nov 16, 2020
#4	-29.41% Nov 30, 2015 - Oct 5, 2016	-31.20% Nov 9, 1999 - Nov 30, 2000
#5	-20.51% Aug 3, 2005 - Jan 31, 2006	-27.59% Nov 25, 2024 - Mar 12, 2026
#6	-17.26% Apr 27, 2021 - Sep 29, 2021	-24.70% Apr 17, 2002 - Jul 31, 2003
#7	-17.19% Apr 19, 2006 - Jul 28, 2006	-22.92% Feb 22, 2007 - Sep 18, 2008
#8	-15.64% Mar 1, 2017 - Oct 2, 2017	-22.73% Feb 12, 2001 - Feb 11, 2002
#9	-10.50% Mar 9, 2018 - Jun 6, 2018	-21.55% Aug 21, 2018 - Nov 27, 2019
#10	-8.18% Mar 19, 2021 - Apr 16, 2021	-17.95% Dec 1, 2015 - Apr 14, 2016
#11	-7.06% Oct 10, 2016 - Nov 9, 2016	-12.37% Jul 3, 2014 - May 19, 2015
#12	-6.37% Oct 22, 2021 - Nov 3, 2021	-12.34% Sep 14, 2012 - Feb 13, 2013
#13	-6.25% Feb 24, 2021 - Mar 12, 2021	-12.33% Sep 19, 2008 - Oct 1, 2008
#14	-5.89% Dec 8, 2016 - Jan 27, 2017	-12.31% Mar 1, 2017 - Nov 29, 2017
#15	-5.87% Jan 14, 2021 - Feb 4, 2021	-11.72% Jul 20, 2015 - Nov 6, 2015

Correlation

Correlation between WAL and CBSH is 0.92 which considered as a very strong positive correlation - the stocks move almost identically together.

0.92

-101

Dividend Comparison (1999 - 2026)

WAL vs CBSH dividend yield comparison.

Year	WAL	CBSH
2026	1.03%	0.93%
2025	1.86%	2.03%
2024	1.78%	1.67%
2023	2.20%	1.95%
2022	2.38%	1.50%
2021	1.11%	1.47%
2020	1.67%	2.00%
2019	0.88%	1.48%
2018	0.00%	1.61%
2017	0.00%	1.55%
2016	0.00%	2.93%
2015	0.00%	2.04%
2014	0.00%	2.00%
2013	0.00%	1.93%
2012	0.00%	6.81%
2011	0.00%	2.33%
2010	0.00%	4.42%
2009	0.00%	2.39%
2008	0.00%	2.19%
2007	0.00%	2.23%
2006	0.00%	1.95%
2005	0.00%	1.77%
2004	0.00%	1.76%
2003	0.00%	1.54%
2002	0.00%	1.59%
2001	0.00%	1.19%
2000	0.00%	5.33%
1999	0.00%	5.52%