Western Alliance Financials

WAL Stock  USD 93.65  2.37  2.60%   
Based on the measurements of operating efficiency obtained from Western Alliance's historical financial statements, Western Alliance Bancorporation may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At this time, Western Alliance's Cash And Short Term Investments are quite stable compared to the past year. Liabilities And Stockholders Equity is expected to rise to about 74.4 B this year, although the value of Other Stockholder Equity is projected to rise to (110.2 M). Key indicators impacting Western Alliance's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.360.2825
Significantly Up
Pretty Stable
Return On Assets0.00580.0102
Way Down
Pretty Stable
Return On Equity0.0650.1189
Way Down
Pretty Stable
Debt Equity Ratio0.791.3419
Way Down
Pretty Stable
Operating Income908.5 M865.2 M
Sufficiently Up
Slightly volatile
Current Ratio2.232.34
Sufficiently Down
Slightly volatile
Investors should never underestimate Western Alliance's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Western Alliance's cash flow, debt, and profitability to make informed and accurate decisions about investing in Western Alliance Bancorporation.

Net Income

758.52 Million

  
Understanding current and past Western Alliance Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Western Alliance's financial statements are interrelated, with each one affecting the others. For example, an increase in Western Alliance's assets may result in an increase in income on the income statement.

Western Alliance Earnings Geography

Western Alliance Stock Summary

Western Alliance competes with Zions Bancorporation, KeyCorp, First Horizon, Comerica, and Truist Financial. 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. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona. Western Alliance operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. It employs 3368 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS9576381092
CUSIP957638109
LocationArizona; U.S.A
Business AddressOne East Washington
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.westernalliancebancorporation.com
Phone(602) 389 3500
CurrencyUSD - US Dollar

Western Alliance Key Financial Ratios

Western Alliance Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets26.8B36.5B56.0B67.7B70.9B74.4B
Net Debt37.1M(2.0B)2.0B6.3B6.7B7.1B
Cash434.6M2.7B516.4M1.0B1.6B1.7B
Other Assets18.5B23.1B40.1B59.0B67.8B71.2B
Total Liab23.8B33.0B51.0B62.4B64.8B68.0B
Total Current Assets3.8B7.4B6.7B7.4B1.6B1.5B
Other Liab464.8M37M37.6M1.3B1.5B1.6B
Retained Earnings1.7B2.0B2.8B3.7B4.2B4.4B
Accounts Payable520.3M467.4M867.5M1.4B1.6B1.6B
Long Term Debt393.6M5M2.4B7.2B1.3B770.9M
Other Current Assets450.0M2.7B826.8M(784M)1.6B1.5B
Short Term Debt29.0M5M51.9M52M6.8B7.2B
Intangible Assets7.7M8.6M698M1.1B1.3B1.3B
Common Stock1.3B1.3B1.9B2.1B2.2B2.3B
Good Will297.6M298.5M634.8M680M527M553.4M
Inventory13.9M1.4M11.7M11M9.9M9.4M
Other Current Liab(520.3M)(472.4M)(867.5M)(1.4B)(6.8B)(6.5B)
Treasury Stock(62.7M)(71.1M)(86.8M)(105M)(94.5M)(89.8M)
Net Tangible Assets2.7B3.1B4.0B4.4B5.0B5.3B
Long Term Debt Total393.6M5M2.4B7.2B8.3B8.7B

Western Alliance Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense184.6M94.9M109.9M475.5M1.7B1.8B
Total Revenue1.1B1.2B1.8B2.3B2.6B2.7B
Gross Profit1.1B1.2B1.8B2.3B2.6B2.7B
Ebitda605.8M657.1M1.2B1.4B1.0B1.1B
Income Before Tax604.2M622.5M1.1B1.3B933.6M980.3M
Net Income499.2M506.6M899.2M1.1B722.4M758.5M
Income Tax Expense105.1M115.9M223.8M258.8M211.2M221.8M
Operating Income604.2M622.5M1.1B1.8B865.2M908.5M
Ebit604.2M622.5M1.1B1.3B933.6M980.3M
Cost Of Revenue78.1M140.6M(53.5M)(55.5M)(50.0M)(47.5M)
Tax Provision105.1M115.9M223.8M258.8M219.8M157.7M
Net Interest Income1.0B1.2B1.5B2.2B2.3B1.3B
Interest Income1.2B1.3B1.7B2.7B3.7B3.9B

Western Alliance Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash(64.0M)2.2B(2.2B)527M532.7M559.3M
Free Cash Flow682.6M643.4M(2.7B)2.1B(442.9M)(420.8M)
Depreciation28.9M34.6M50M74.6M86.5M90.8M
Other Non Cash Items15.7M86.6M(3.6B)1.1B(1.3B)(1.2B)
Capital Expenditures35.1M26.8M69.4M141M114.3M120.0M
Net Income499.2M506.6M899.2M1.1B722.4M758.5M
End Period Cash Flow434.6M2.7B516.4M1.0B1.6B1.7B
Investments(3.5B)(7.3B)(14.6B)(13.0B)211.9M222.5M
Net Borrowings(496.7M)151.2M(1.2B)5.4B6.2B6.5B
Change To Netincome35.3M118.7M98.5M39.3M45.2M55.2M

Western Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Western Alliance's current stock value. Our valuation model uses many indicators to compare Western Alliance value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Western Alliance competition to find correlations between indicators driving Western Alliance's intrinsic value. More Info.
Western Alliance Bancorporation is rated third in return on equity category among its peers. It is rated fourth in return on asset category among its peers reporting about  0.08  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Western Alliance Bancorporation is roughly  12.18 . At this time, Western Alliance's Return On Equity is quite stable compared to the past year. Comparative valuation analysis is a catch-all technique that is used if you cannot value Western Alliance by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.

Western Alliance Ban Systematic Risk

Western Alliance's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Western Alliance volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was three with a total number of output elements of fifty-eight. The Beta measures systematic risk based on how returns on Western Alliance Ban correlated with the market. If Beta is less than 0 Western Alliance generally moves in the opposite direction as compared to the market. If Western Alliance Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Western Alliance Ban is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Western Alliance is generally in the same direction as the market. If Beta > 1 Western Alliance moves generally in the same direction as, but more than the movement of the benchmark.
Today, most investors in Western Alliance Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Western Alliance's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Western Alliance growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.29)

At this time, Western Alliance's Price Earnings To Growth Ratio is quite stable compared to the past year.

Western Alliance November 25, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Western Alliance help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Western Alliance Bancorporation. We use our internally-developed statistical techniques to arrive at the intrinsic value of Western Alliance Bancorporation based on widely used predictive technical indicators. In general, we focus on analyzing Western Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Western Alliance's daily price indicators and compare them against related drivers.
When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.48
Earnings Share
6.47
Revenue Per Share
26.821
Quarterly Revenue Growth
0.121
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.