XNYS
WALpA
Market cap8.35bUSD
May 20, Last price
21.67USD
1D
0.28%
1Q
-5.04%
IPO
-15.52%
Name
Western Alliance Bancorp
Profile
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 in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers 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 multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it 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 holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.
IPO date
Jun 30, 2005
Employees
3,336
Domiciled in
US
Incorporated in
US
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | |
Income | ||||||||||
Revenues | 3,162,100 23.66% | 2,557,000 11.31% | 2,297,200 24.58% | |||||||
Cost of revenue | 663,800 | 778,500 | 592,700 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 2,498,300 | 1,778,500 | 1,704,500 | |||||||
NOPBT Margin | 79.01% | 69.55% | 74.20% | |||||||
Operating Taxes | 203,500 | 211,200 | 258,800 | |||||||
Tax Rate | 8.15% | 11.88% | 15.18% | |||||||
NOPAT | 2,294,800 | 1,567,300 | 1,445,700 | |||||||
Net income | 787,700 9.04% | 722,400 -31.68% | 1,057,300 17.58% | |||||||
Dividends | (176,800) | (171,500) | (166,200) | |||||||
Dividend yield | 1.93% | 2.40% | 2.59% | |||||||
Proceeds from repurchase of equity | 100 | 100 | 139,200 | |||||||
BB yield | 0.00% | 0.00% | -2.17% | |||||||
Debt | ||||||||||
Debt current | 3,137,000 | 6,603,000 | 52,000 | |||||||
Long-term debt | 3,639,000 | 1,699,000 | 7,562,000 | |||||||
Deferred revenue | (172,000) | |||||||||
Other long-term liabilities | 63,264,000 | 51,392,000 | ||||||||
Net debt | (7,012,000) | (16,424,000) | (9,281,000) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 235,900 | (328,600) | 2,245,300 | |||||||
CAPEX | (114,300) | (141,000) | ||||||||
Cash from investing activities | (19,000) | (2,159,100) | (13,130,100) | |||||||
Cash from financing activities | (176,700) | 3,020,400 | 11,411,800 | |||||||
FCF | 8,892,800 | (5,080,700) | 2,200,300 | |||||||
Balance | ||||||||||
Cash | 13,788,000 | 11,441,000 | 8,135,000 | |||||||
Long term investments | 13,285,000 | 8,760,000 | ||||||||
Excess cash | 13,629,895 | 24,598,150 | 16,780,140 | |||||||
Stockholders' equity | 6,832,000 | 6,194,000 | 5,356,000 | |||||||
Invested Capital | 74,102,000 | 71,271,000 | 58,649,000 | |||||||
ROIC | 3.16% | 2.41% | 2.64% | |||||||
ROCE | 3.09% | 2.30% | 2.66% | |||||||
EV | ||||||||||
Common stock shares outstanding | 109,500 | 108,500 | 107,600 | |||||||
Price | 83.54 26.98% | 65.79 10.46% | 59.56 -44.67% | |||||||
Market cap | 9,147,630 28.15% | 7,138,215 11.38% | 6,408,656 -42.37% | |||||||
EV | 2,430,630 | (8,990,785) | (2,577,344) | |||||||
EBITDA | 2,616,800 | 1,865,000 | 1,779,100 | |||||||
EV/EBITDA | 0.93 | |||||||||
Interest | 1,922,200 | 1,696,400 | 475,500 | |||||||
Interest/NOPBT | 76.94% | 95.38% | 27.90% |