Nomura Holdings Inc vs Western Alliance Bancorporation — how do they compare? Nomura Holdings Inc trades at $9.4 (market cap $27.46B), while Western Alliance Bancorporation trades at $79.8 (market cap $8.84B). The key difference: Nomura Holdings Inc is far larger — about 3.1× Western Alliance Bancorporation's market cap, and Nomura Holdings Inc pays the higher dividend (3.45%). Which is the better fit depends on your goals.
| NMR | WAL | |
|---|---|---|
Market Cap | $27.46B | $8.84B |
Sector | Financials | Financials |
52-Week High | $10.04 | $96.08 |
52-Week Low | $6.39 | $66.70 |
Dividend Yield | 3.45% | 2.07% |
Trailing returns across standard periods
Nomura is Japan's largest broker, about twice the size of rival Daiwa Securities and roughly three times the size of the securities units of the three megabanks. It is also the largest asset-management company in Japan, with a similar size differential compared with its rivals. Despite its topnotch brand name in retail broking and asset management in Japan, Nomura has struggled to compete effectively in the institutional securities business against larger global rivals. In 2008, Nomura bought European and Asian assets of the failed Lehman Brothers, which led to a sharply higher cost base but did not provide commensurate revenue. Nomura has reduced the scale of these businesses but maintains its ambition to compete globally with the top players.
Read more on NMR →Western Alliance Bancorporation is a top-performing bank holding company that operates a dual business model: high-touch regional banking and specialized national business lines. It serves niche industries—including technology, life sciences, and homeowners associations—providing sophisticated commercial lending and treasury solutions that bridge the gap between regional service and national scale.
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