Sifting through countless of stocks in the Banks industry can be tedious, and sometimes two stocks are just too similar to judge which is the better investment. If you’re on the fence about investing in Western Alliance Bancorporation or The Bank of N.T. Butterfield & Son Limited because you’re not sure how they measure up, it’s important to compare them on a few factors before making your decision.

Read on to learn how Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited compare based on key financial metrics to determine which better meets your investment needs.

About Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates through Commercial and Consumer Related segments. The company offers deposit products, including demand deposit, checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors; and residential mortgage products and services. It also provides commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multifamily residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multifamily residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company offers other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services. Further, the company holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and certain real estate loans and related securities. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

The Bank of N.T. Butterfield & Son Limited provides a range of community, commercial, and private banking services to individuals and small to medium-sized businesses. The company offers retail and corporate checking, savings, and term deposits. It also provides lending products and services, including residential mortgage lending, automobile lending, credit cards, consumer financing, overdraft facilities to retail customers, commercial real estate lending, and commercial and industrial loans. In addition, the company offers cash and liquidity management, foreign exchange, custody administration, and settlement services. Further, it provides personal and business deposit services, residential and commercial mortgages, small and medium-sized enterprise and corporate loans, credit and debit cards, merchant acquiring, and mobile and internet banking services; and treasury services, wealth management, and fiduciary services. Additionally, the company offers discretionary investment management, managed portfolio services, money market, and mutual fund offerings, as well as advisory and self-directed brokerage options. It operates through offices in the Cayman Islands, Guernsey, Jersey, the United Kingdom, The Bahamas, Hong Kong, Switzerland, Singapore, Mauritius, and Canada, as well as Bermuda. The Bank of N.T. Butterfield & Son Limited was founded in 1784 and is headquartered in Hamilton, Bermuda.

Latest Banks and Western Alliance Bancorporation, The Bank of N.T. Butterfield & Son Limited Stock News

As of March 6, 2026, Western Alliance Bancorporation had a $8.0 billion market capitalization, compared to the Banks median of $586.9 million. Western Alliance Bancorporation’s stock is down 12.1% in 2026, down 8% in the previous five trading days and down 8.97% in the past year.

Currently, Western Alliance Bancorporation’s price-earnings ratio is 8.5. Western Alliance Bancorporation’s trailing 12-month revenue is $3.3 billion with a 29.2% net profit margin. Year-over-year quarterly sales growth most recently was 16.6%. Analysts expect adjusted earnings to reach $10.206 per share for the current fiscal year. Western Alliance Bancorporation currently has a 2.3% dividend yield.

As of March 6, 2026, The Bank of N.T. Butterfield & Son Limited had a $2.0 billion market cap, putting it in the 54th percentile of all stocks. The Bank of N.T. Butterfield & Son Limited’s stock is up 0.5% in 2026, down 1.3% in the previous five trading days and up 34.33% in the past year.

Currently, The Bank of N.T. Butterfield & Son Limited’s price-earnings ratio is 9.2. The Bank of N.T. Butterfield & Son Limited’s trailing 12-month revenue is $606.8 million with a 38.2% net profit margin. Year-over-year quarterly sales growth most recently was 4.9%. Analysts expect adjusted earnings to reach $5.927 per share for the current fiscal year. The Bank of N.T. Butterfield & Son Limited currently has a 4.0% dividend yield.

How We Compare Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited Stock Grades

Stock evaluation requires access to huge amounts of data and the knowledge and time to sift through it all, make sense of financial ratios, read income statements and analyze recent stock movements. AAII created A+ Investor, a robust data suite that condenses data research in an actionable and customizable way suitable for investors of all knowledge levels, to help investors streamline and work through such data.

AAII’s proprietary stock grades come with A+ Investor. These offer intuitive A‐F grades for each of five key investing factors: value, growth, momentum, earnings estimate revisions and quality. Here, we’ll take a closer look at Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited’s stock grades to see how they measure up against one another.

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Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited Growth Grades

Company	Ticker	Growth
Western Alliance Bancorporation	WAL	D
The Bank of N.T. Butterfield & Son Limited	NTB	B

The foundation of growth investing is seeking out stocks of companies exhibiting strong, consistent and prolonged growth that is expected to continue into the future.

In order to compute the growth score and assign it a letter grade, the percentile ranks for each of three components‐consistency of annual sales growth, five-year sales growth rankings adjusted for extreme levels, and consistency of positive annual cash from operations‐must be determined. These three rank figures are added together, and the sum is ranked against the entire stock universe to arrive at a company’s Growth Score to create an equal distribution of grades.

The companies in the bottom 20% of the stock universe receive Growth Grades of F, considered to be very weak, while those in the top 20% receive A grades, which are considered very strong.

Western Alliance Bancorporation has a Growth Score of 30, which is Weak. The Bank of N.T. Butterfield & Son Limited has a Growth Score of 79, which is Strong.

The Growth Grade Winner: The Bank of N.T. Butterfield & Son Limited

As you can clearly see from the Growth Grade breakdown above, The Bank of N.T. Butterfield & Son Limited has a more attractive growth grade than Western Alliance Bancorporation. For investors who focus solely on how a company is growing relative to other companies in the same industry, The Bank of N.T. Butterfield & Son Limited could be a good stock to add to their portfolio. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited’s Momentum Grades

Company	Ticker	Momentum
Western Alliance Bancorporation	WAL	D
The Bank of N.T. Butterfield & Son Limited	NTB	B

Momentum grades help to uncover stocks experiencing anomalously high rates of return; research finds that stocks with high relative levels of momentum tend to outperform, whereas those with low levels of momentum tend to continue underperforming. Momentum is based on the price change of a stock over a specified period relative to all other stocks.

Typically, AAII looks at the weighted relative strength over the trailing four quarters. The weighted four-quarter relative strength rank is the relative price change for each of the past four quarters. The most recent quarterly price change is given a weight of 40% and each of the three previous quarters are given a weighting of 20%.

Western Alliance Bancorporation has a Momentum Score of 30, which is Weak. The Bank of N.T. Butterfield & Son Limited has a Momentum Score of 65, which is Strong.

The Momentum Grade Winner: The Bank of N.T. Butterfield & Son Limited

As you can clearly see from the Momentum Grade breakdown above, The Bank of N.T. Butterfield & Son Limited is considered to have stronger momentum compared to Western Alliance Bancorporation. For those specifically looking for companies that have stronger momentum compared to other companies in the same industry, The Bank of N.T. Butterfield & Son Limited could be a good stock to invest in. However, it’s important for investors to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited’s Estimate Revisions Grades

Company	Ticker	Earnings Estimate
Western Alliance Bancorporation	WAL	C
The Bank of N.T. Butterfield & Son Limited	NTB	A

Earnings estimate revisions scores consider the magnitude of a company’s earnings surprise in its last two reported fiscal quarters. Often, positive surprises beget further positive surprises‐or at least continued sales growth (the exact opposite is generally true, too).

Estimate revisions offer an indication of what analysts are thinking about the short-term prospects of a firm. Estimate revisions are based on the statistical significance of a firm’s last two quarterly earnings surprises and the percentage change in its consensus estimate for the current fiscal year over the past month and past three months.

Western Alliance Bancorporation has a Earnings Estimate Score of 43, which is Neutral. The Bank of N.T. Butterfield & Son Limited has a Earnings Estimate Score of 86, which is Very Positive.

The Earnings Estimate Revisions Grade Winner: The Bank of N.T. Butterfield & Son Limited

As you can clearly see from the Earnings Estimate Revisions Grade breakdown above, The Bank of N.T. Butterfield & Son Limited has a better Earnings Estimate Revisions Grade than Western Alliance Bancorporation. For those who are specifically looking for companies with better short-term prospects when compared to other companies in the same industry, The Bank of N.T. Butterfield & Son Limited could be a good stock to invest in. However, it’s important to analyze multiple factors based on a wide range of metrics before deciding whether to buy.

Other Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited Grades

In addition to Estimate Revisions, Growth and Momentum, A+ Investor also provides grades for Value and Quality.

Successful stock investing involves buying low and selling high, so stock valuation is an important consideration for stock selection. Buying stocks that are going to go up typically means buying stocks that are undervalued in the first place, although momentum investors may argue that point.

AAII’s A+ Investor Quality Grade comes from the ranking of key metrics. Specifically, the quality grade is the percentile rank of the composite of return on assets (ROA), return on invested capital (ROIC), gross profit relative to assets, buyback yield, change in total liabilities to assets, accruals, Z double prime bankruptcy risk (Z) score and F-Score.

These 2 key factors, when combined with the above, provide a holistic view into a particular stock. Further, by joining A+ Investor you can see whether Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited pass any of our 60+ stock screens that have outperformed the market since their creation.

So, Which Is the Better Investment, Western Alliance Bancorporation or The Bank of N.T. Butterfield & Son Limited Stock?

Overall, Western Alliance Bancorporation stock has a Growth Score of 30, Momentum Score of 30 and Estimate Revisions Score of 43.

The Bank of N.T. Butterfield & Son Limited stock has a Growth Score of 79, Momentum Score of 65 and Estimate Revisions Score of 86.

Comparing Western Alliance Bancorporation and The Bank of N.T. Butterfield & Son Limited’s grades, scores and metrics can act as a solid basis to determine whether they may be a good investment or not. You’ll also want to look at your portfolio’s asset allocation as well as your risk tolerance and financial goals to see if either of these stocks would make a good fit for you. AAII can help you figure out which investments align with your individual needs and preferences.

Investors are encouraged to do their own due diligence and research. In this way, individuals can effectively become managers of their own assets‐without having to rely on others for financial independence. You can count on AAII for timeless articles on financial planning and stock-picking, unbiased research and actionable analysis.

A+ Investor adds to our qualitative teaching with a powerful data suite to help you whittle down investment choices to find stocks, exchange-traded funds (ETFs) or mutual funds that meet your needs.

AAII Disclaimer

We make no representations or warranties that any investor will, or is likely to, achieve profits similar to those shown, because past, hypothetical or simulated performance is not necessarily indicative of future results. Before making an investment decision, you should consider your circumstances and whether the information on our content is applicable to your situation. This information was prepared in good faith, and we accept no liability for any errors or omissions. The full disclaimer can be read here.