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Western Alliance Bancorporation (WAL) Financials

Western Alliance Bancorporation logo
$73.45 +0.69 (+0.95%)
Closing price 03:59 PM Eastern
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$73.46 +0.01 (+0.02%)
As of 06:11 PM Eastern
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Annual Income Statements for Western Alliance Bancorporation

Annual Income Statements for Western Alliance Bancorporation

This table shows Western Alliance Bancorporation's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Income / (Loss) Attributable to Common Shareholders		 775 710 1,045 896 507 499 436 325 260 193
Consolidated Net Income / (Loss)		 788 722 1,057 899 507 499 436 325 260 194
Net Income / (Loss) Continuing Operations		 788 722 1,057 899 507 499 436 325 260 194
Total Pre-Tax Income 		991 934 1,316 1,123 623 604 510 452 361 259
Total Revenue		 3,162 2,620 2,541 1,953 1,238 1,106 959 830 700 522
Net Interest Income / (Expense)		 2,619 2,339 2,216 1,549 1,167 1,040 916 785 657 493
Total Interest Income		 4,541 4,035 2,692 1,659 1,262 1,225 1,034 846 701 525
Loans and Leases Interest Income		 3,629 3,410 2,393 1,489 1,144 1,093 911 748 637 476
Investment Securities Interest Income		 912 626 298 170 118 132 123 91 62 48
Total Interest Expense		 1,922 1,696 476 110 95 185 118 61 43 33
Deposits Interest Expense		 1,600 1,143 276 48 70 158 91 42 30 22
Long-Term Debt Interest Expense		 38 38 35 33 24 23 22 19 14 11
Other Interest Expense		 284 516 164 29 0.60 2.80 - - - -
Total Non-Interest Income		 543 281 325 404 71 65 43 45 43 30
Other Service Charges		 246 224 220 41 39 33 33 29 27 22
Net Realized & Unrealized Capital Gains on Investments		 269 52 100 363 17 17 2.20 10 7.15 2.63
Other Non-Interest Income		 28 4.50 4.60 1.10 15 16 8.20 6.07 9.06 5.29
Provision for Credit Losses		 146 63 68 -21 124 19 25 17 8.00 3.20
Total Non-Interest Expense		 2,025 1,623 1,157 851 492 482 424 361 331 261
Salaries and Employee Benefits		 631 566 540 467 304 279 253 214 189 150
Net Occupancy & Equipment Expense		 223 188 139 102 70 63 52 47 47 38
Marketing Expense		 33 22 22 14 9.60 11 9.80 9.93 9.50 2.89
Property & Liability Insurance Claims		 109 107 100 59 42 37 29 30 25 19
Insurance Policy Acquisition Costs		 68 59 56 54 0.00 0.00 - - - -
Other Operating Expenses		 961 734 301 136 66 91 78 58 46 41
Other Special Charges		 0.00 -53 0.00 5.90 - - - - - -
Income Tax Expense		 204 211 259 224 116 105 75 126 101 64
Preferred Stock Dividends Declared		 13 13 13 3.50 0.00 0.00 - - - 0.75
Basic Earnings per Share		 $7.14 $6.55 $9.74 $8.72 $5.06 $4.86 $4.16 $3.12 $2.52 $2.05
Weighted Average Basic Shares Outstanding		 108.60M 108.30M 107.20M 102.70M 100.20M 102.70M 104.70M 104.18M 103.04M 94.57M
Diluted Earnings per Share		 $7.09 $6.54 $9.70 $8.67 $5.04 $4.84 $4.14 $3.10 $2.50 $2.03
Weighted Average Diluted Shares Outstanding		 109.30M 108.50M 107.60M 103.30M 100.50M 103.10M 105.40M 105.00M 103.84M 95.22M
Weighted Average Basic & Diluted Shares Outstanding		 110.45M 110.18M 109.61M 107.00M 107.00M 102.48M 104.80M 104.30M 103.10M 94.40M
Cash Dividends to Common per Share		 $1.49 $1.45 $1.42 $1.20 $0.25 $0.25 - - $0.00 $0.00

Quarterly Income Statements for Western Alliance Bancorporation

This table shows Western Alliance Bancorporation's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders		 196 214 197 190 174 145 213 213 139 290 261
Consolidated Net Income / (Loss)		 199 217 200 194 177 148 217 216 142 293 264
Net Income / (Loss) Continuing Operations		 199 217 200 194 177 148 217 216 142 288 264
Total Pre-Tax Income 		246 259 252 248 232 211 278 260 185 365 330
Total Revenue		 778 838 823 772 729 682 716 669 552 699 664
Net Interest Income / (Expense)		 651 667 697 657 599 592 587 550 610 640 602
Total Interest Income		 1,096 1,139 1,200 1,148 1,055 1,039 1,027 1,001 969 888 739
Loans and Leases Interest Income		 881 915 945 897 872 859 861 857 833 785 657
Investment Securities Interest Income		 215 223 255 251 183 180 166 144 136 103 82
Total Interest Expense		 445 472 503 491 456 447 440 451 359 249 137
Deposits Interest Expense		 378 387 422 410 381 344 316 251 232 158 78
Long-Term Debt Interest Expense		 9.30 9.40 9.50 9.60 9.50 9.60 9.50 9.50 9.30 -22 8.90
Other Interest Expense		 57 76 72 71 66 94 114 190 118 - 51
Total Non-Interest Income		 127 172 126 115 130 91 129 119 -58 62 62
Other Service Charges		 68 78 49 57 62 79 36 50 60 102 17
Net Realized & Unrealized Capital Gains on Investments		 48 91 65 52 61 47 66 63 -124 -7.80 16
Other Non-Interest Income		 11 2.30 12 6.70 6.50 -35 27 6.00 6.20 -34 28
Provision for Credit Losses		 31 60 34 37 15 9.30 12 22 19 3.10 29
Total Non-Interest Expense		 500 519 537 487 482 462 426 387 348 333 306
Salaries and Employee Benefits		 182 165 158 153 155 135 137 146 149 126 137
Net Occupancy & Equipment Expense		 62 59 56 54 54 50 51 44 43 40 36
Marketing Expense		 5.90 11 9.70 6.40 5.50 6.70 4.90 5.00 5.20 7.30 5.00
Property & Liability Insurance Claims		 29 29 25 26 30 29 28 26 23 26 25
Insurance Policy Acquisition Costs		 16 18 19 17 15 15 12 18 14 15 15
Other Operating Expenses		 204 237 270 231 223 266 193 149 127 120 89
Income Tax Expense		 47 43 52 54 54 63 61 44 42 72 66
Preferred Stock Dividends Declared		 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20 3.20
Basic Earnings per Share		 $1.80 $1.97 $1.81 $1.75 $1.61 $1.33 $1.97 $1.96 $1.29 $2.68 $2.43
Weighted Average Basic Shares Outstanding		 108.80M 108.60M 108.70M 108.60M 108.50M 108.30M 108.30M 108.30M 108.10M 107.20M 107.50M
Diluted Earnings per Share		 $1.79 $1.94 $1.80 $1.75 $1.60 $1.33 $1.97 $1.96 $1.28 $2.67 $2.42
Weighted Average Diluted Shares Outstanding		 109.60M 109.30M 109.50M 109.10M 109M 108.50M 108.50M 108.30M 108.30M 107.60M 107.90M
Weighted Average Basic & Diluted Shares Outstanding		 110.40M 110.45M 110.07M 110.09M 110.11M 110.18M 109.47M 109.50M 109.50M 109.61M 108.91M
Cash Dividends to Common per Share		 $0.38 $0.38 $0.37 $0.37 $0.37 $0.37 $0.36 $0.36 $0.36 $0.36 $0.36

Annual Cash Flow Statements for Western Alliance Bancorporation

This table details how cash moves in and out of Western Alliance Bancorporation's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Net Change in Cash & Equivalents		 2,520 533 527 -2,155 2,237 -64 82 132 60 60
Net Cash From Operating Activities		 -2,742 -329 2,245 -2,654 670 718 541 384 281 220
Net Cash From Continuing Operating Activities		 -2,742 -329 2,245 -2,654 674 723 541 384 281 220
Net Income / (Loss) Continuing Operations		 788 722 1,057 899 507 499 436 325 260 194
Consolidated Net Income / (Loss)		 788 722 1,057 899 507 499 436 325 260 194
Provision For Loan Losses		 146 63 68 -21 124 19 25 17 8.00 3.20
Depreciation Expense		 94 63 52 34 23 19 14 13 12 8.47
Amortization Expense		 -194 -80 33 39 26 26 9.70 16 5.02 8.35
Non-Cash Adjustments to Reconcile Net Income		 -3,841 -1,211 1,073 -3,447 9.20 21 14 105 21 16
Changes in Operating Assets and Liabilities, net		 265 115 -39 -158 -15 138 43 -94 -25 -9.74
Net Cash From Investing Activities		 -5,967 -2,159 -13,130 -14,712 -7,538 -3,723 -2,713 -2,956 -2,890 -1,366
Net Cash From Continuing Investing Activities		 -5,967 -2,159 -13,130 -14,712 -7,538 -3,723 -2,713 -2,956 -2,890 -1,366
Purchase of Investment Securities		 -21,757 -14,600 -14,425 -17,774 -9,241 -4,705 -3,352 -3,526 -2,155 -2,162
Sale and/or Maturity of Investments		 15,790 12,440 1,295 3,062 1,703 982 638 570 536 454
Net Cash From Financing Activities		 11,229 3,020 11,412 15,211 9,104 2,941 2,254 2,704 2,669 1,206
Net Cash From Continuing Financing Activities		 11,229 3,020 11,412 15,211 9,104 2,941 2,254 2,704 2,669 1,206
Net Change in Deposits		 11,002 1,689 6,032 15,682 9,134 3,619 2,205 2,423 2,519 1,358
Issuance of Debt		 3,000 5,013 578 1,056 222 0.00 0.00 294 169 148
Issuance of Common Equity		 0.10 0.10 158 540 0.00 0.00 - - 56 28
Repayment of Debt		 -2,588 -3,499 4,828 -2,218 -71 -497 97 - -66 -257
Payment of Dividends		 -177 -172 -166 -128 -101 -51 0.00 0.00 - -0.75
Other Financing Activities, Net		 -8.70 -11 -19 -16 -7.90 -9.60 -12 -13 -8.41 0.21
Cash Interest Paid		 1,942 1,581 453 112 109 180 114 60 42 29
Cash Income Taxes Paid		 1.30 64 198 176 44 -23 19 99 61 55

Quarterly Cash Flow Statements for Western Alliance Bancorporation

This table details how cash moves in and out of Western Alliance Bancorporation's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents		 -817 1,504 -1,485 528 1,974 -1,921 1,344 -1,486 2,596 -566 -780
Net Cash From Operating Activities		 -1,654 -622 -1,068 -746 -307 341 -570 -457 357 794 491
Net Cash From Continuing Operating Activities		 -1,654 -622 -1,068 -746 -307 341 -570 -457 357 794 -13
Net Income / (Loss) Continuing Operations		 199 217 200 194 177 148 217 216 142 293 264
Consolidated Net Income / (Loss)		 199 217 200 194 177 148 217 216 142 293 264
Provision For Loan Losses		 31 60 34 37 15 9.30 12 22 19 3.10 29
Depreciation Expense		 25 30 22 21 21 19 9.90 18 17 16 13
Amortization Expense		 -18 -30 -47 -64 -53 -57 -12 -8.20 -3.30 4.40 7.10
Non-Cash Adjustments to Reconcile Net Income		 -1,727 -1,026 -1,252 -809 -755 202 -997 -662 246 473 -341
Changes in Operating Assets and Liabilities, net		 -164 127 -24 -125 287 20 201 -42 -63 5.10 15
Net Cash From Investing Activities		 -1,593 587 -395 -2,512 -3,648 -1,880 -646 1,714 -1,347 491 -3,928
Net Cash From Continuing Investing Activities		 -1,593 587 -395 -2,512 -3,648 -1,879 -646 1,714 -1,347 491 -3,913
Purchase of Investment Securities		 -3,861 -3,234 -5,420 -6,600 -6,503 -9,422 -1,467 -1,530 -2,180 298 -4,103
Sale and/or Maturity of Investments		 2,268 3,821 5,025 4,088 2,855 7,542 821 3,244 833 193 189
Net Cash From Financing Activities		 2,430 1,538 -23 3,785 5,928 -382 2,559 -2,742 3,586 -1,851 3,161
Net Cash From Continuing Financing Activities		 2,430 1,538 -23 3,785 5,928 -382 2,559 -2,742 3,586 -1,851 3,161
Net Change in Deposits		 2,979 -1,705 1,797 4,015 6,896 1,046 3,246 3,454 -6,057 -1,945 1,877
Issuance of Debt		 1,220 5,857 -1,768 -179 -911 2,040 1,359 -8,339 9,953 -4,717 1,285
Issuance of Common Equity		 293 0.10 - - - -2,662 - - - - 50
Repayment of Debt		 -2,006 -2,569 -6.60 -7.10 -5.40 -763 -2,003 -476 -257 4,853 -7.40
Payment of Dividends		 -45 -45 -44 -44 -44 -44 -43 -43 -43 -42 -42
Other Financing Activities, Net		 -11 - -1.10 0.20 -7.80 -0.10 - -0.20 -11 -0.10 -0.90
Cash Interest Paid		 442 506 501 496 439 473 368 411 330 242 124
Cash Income Taxes Paid		 24 29 20 98 -145 6.60 13 52 -7.50 6.90 5.70

Annual Balance Sheets for Western Alliance Bancorporation

This table presents Western Alliance Bancorporation's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Total Assets		 80,934 70,862 67,734 55,983 36,461 26,822 23,109 20,329 17,201 14,275
Cash and Due from Banks		 320 276 259 166 174 186 180 181 168 134
Interest Bearing Deposits at Other Banks		 3,776 1,300 784 350 2,498 249 319 236 116 91
Trading Account Securities		 17,381 14,114 9,720 14,724 11,205 4,486 3,695 3,755 2,703 1,984
Loans and Leases, Net of Allowance		 53,302 49,960 51,552 38,823 26,767 20,934 17,558 14,954 13,065 10,994
Loans and Leases		 53,676 50,297 51,862 39,075 27,053 21,102 17,711 15,094 13,190 11,113
Allowance for Loan and Lease Losses		 374 337 310 253 286 168 153 140 125 119
Premises and Equipment, Net		 361 339 276 182 134 126 119 119 120 119
Intangible Assets		 1,265 1,242 1,304 1,266 299 707 379 278 13 16
Other Assets		 4,529 3,631 3,839 2,111 1,145 629 570 519 707 625
Total Liabilities & Shareholders' Equity		 80,934 70,862 67,734 55,983 36,461 26,822 23,109 20,329 17,201 14,275
Total Liabilities		 74,227 64,784 62,378 51,020 33,048 23,805 20,496 18,099 15,309 12,684
Non-Interest Bearing Deposits		 18,846 14,520 19,691 21,353 13,463 8,538 7,456 7,434 5,633 4,094
Interest Bearing Deposits		 47,495 40,813 33,953 26,259 18,467 14,259 11,721 9,539 8,917 7,937
Short-Term Debt		 5,573 7,230 6,299 17 16 17 513 416 122 188
Long-Term Debt		 899 895 893 2,398 570 394 360 377 368 210
Other Long-Term Liabilities		 1,414 1,326 1,542 1,010 547 598 444 334 270 254
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 6,708 6,078 5,356 4,963 3,414 3,017 2,614 2,230 1,892 1,592
Total Preferred & Common Equity		 6,708 6,078 5,356 4,963 3,414 3,017 2,614 2,230 1,892 1,592
Preferred Stock		 295 295 295 295 0.00 - - - - -
Total Common Equity		 6,412 5,783 5,061 4,668 3,414 3,017 2,614 2,230 1,892 1,592
Common Stock		 2,245 2,197 2,163 1,966 1,391 1,374 1,418 1,425 1,400 1,323
Retained Earnings		 4,826 4,215 3,664 2,773 2,001 1,680 1,283 848 522 263
Treasury Stock		 -125 -116 -105 -87 -71 -63 -53 -40 -26 -17
Accumulated Other Comprehensive Income / (Loss)		 -534 -513 -661 16 92 25 -34 -3.15 -4.70 22

Quarterly Balance Sheets for Western Alliance Bancorporation

This table presents Western Alliance Bancorporation's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets		 83,043 80,080 80,581 76,989 70,891 68,160 71,047 69,165
Cash and Due from Banks		 440 398 272 264 289 288 229 260
Interest Bearing Deposits at Other Banks		 2,839 2,194 3,805 3,286 3,208 1,865 3,410 1,350
Trading Account Securities		 15,868 16,382 17,268 16,092 11,204 9,956 8,971 8,209
Loans and Leases, Net of Allowance		 54,372 52,989 52,078 50,360 49,120 47,554 46,130 51,897
Loans and Leases		 54,761 53,346 52,430 50,700 49,447 47,875 46,435 52,201
Allowance for Loan and Lease Losses		 389 357 352 340 327 321 305 304
Loans Held for Sale		 3,238 2,327 2,007 1,841 1,766 3,156 7,022 2,204
Premises and Equipment, Net		 361 354 351 344 327 315 293 237
Intangible Assets		 1,247 1,221 1,201 1,219 1,217 1,270 1,288 1,409
Other Assets		 4,678 4,215 3,599 3,583 3,760 3,577 3,568 3,417
Total Liabilities & Shareholders' Equity		 83,043 80,080 80,581 76,989 70,891 68,160 71,047 69,165
Total Liabilities		 75,828 73,403 74,247 70,817 65,145 62,475 65,526 64,144
Non-Interest Bearing Deposits		 22,009 24,965 21,522 18,399 17,991 16,733 16,465 24,926
Interest Bearing Deposits		 47,313 43,075 44,722 43,829 36,296 34,308 31,122 30,663
Short-Term Debt		 4,151 2,995 5,587 6,221 8,745 9,567 15,853 6,345
Long-Term Debt		 898 898 897 896 890 888 895 889
Other Long-Term Liabilities		 1,457 1,470 1,519 1,472 1,223 979 1,191 1,347
Commitments & Contingencies		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests		 7,215 6,677 6,334 6,173 5,746 5,685 5,521 5,021
Total Preferred & Common Equity		 6,922 6,677 6,334 6,173 5,746 5,685 5,521 5,021
Preferred Stock		 295 295 295 295 295 295 295 295
Total Common Equity		 6,627 6,382 6,039 5,877 5,451 5,391 5,227 4,726
Common Stock		 2,261 2,235 2,224 2,211 2,189 2,180 2,170 2,154
Retained Earnings		 4,980 4,654 4,498 4,348 4,111 3,937 3,764 3,413
Treasury Stock		 -136 -125 -125 -124 -116 -116 -116 -105
Accumulated Other Comprehensive Income / (Loss)		 -478 -382 -558 -558 -733 -611 -592 -736
Noncontrolling Interest		 293 - - - - - - -

Annual Metrics And Ratios for Western Alliance Bancorporation

This table displays calculated financial ratios and metrics derived from Western Alliance Bancorporation's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015
Growth Metrics		 - - - - - - - - - -
Revenue Growth		 20.71% 3.10% 30.10% 57.79% 11.96% 15.28% 15.54% 18.55% 34.04% 27.54%
EBITDA Growth		 -2.66% -34.61% 17.17% 78.08% 3.47% 21.49% 10.93% 27.19% 37.53% 41.84%
EBIT Growth		 6.17% -29.06% 17.20% 80.40% 3.03% 18.40% 12.94% 25.10% 39.70% 30.91%
NOPAT Growth		 9.04% -31.68% 17.58% 77.50% 1.48% 14.55% 33.89% 25.29% 33.75% 30.27%
Net Income Growth		 9.04% -31.68% 17.58% 77.50% 1.48% 14.55% 33.89% 25.29% 33.75% 31.29%
EPS Growth		 8.41% -32.58% 11.88% 72.02% 4.13% 16.91% 33.55% 24.00% 23.15% 21.56%
Operating Cash Flow Growth		 -734.45% -114.64% 184.60% -496.00% -6.63% 32.68% 40.95% 36.76% 27.33% 31.67%
Free Cash Flow Firm Growth		 294.26% 77.32% -65.86% -3,679.88% -111.72% 2,018.25% 90.76% -140.39% 57.50% -1,013.28%
Invested Capital Growth		 -7.21% 13.19% 70.07% 84.49% 16.70% -1.74% 15.38% 26.94% 19.66% 33.87%
Revenue Q/Q Growth		 5.20% -0.64% 5.75% 12.85% 4.26% 2.87% 3.50% 4.92% 4.94% 8.81%
EBITDA Q/Q Growth		 10.68% -16.99% -1.24% 14.06% 15.41% 5.69% 0.01% 7.77% 0.28% 16.34%
EBIT Q/Q Growth		 5.13% -13.97% -1.25% 14.08% 16.10% 2.43% 3.16% 6.65% 5.33% 9.93%
NOPAT Q/Q Growth		 9.60% -16.73% 4.65% 6.19% 14.85% 1.83% 7.33% 6.39% 4.54% 10.29%
Net Income Q/Q Growth		 9.60% -16.73% 4.65% 6.19% 14.85% 1.83% 7.33% 6.39% 4.54% 10.29%
EPS Q/Q Growth		 9.41% -17.01% 3.74% 4.84% 15.33% 2.33% 7.53% 6.53% 2.88% 6.84%
Operating Cash Flow Q/Q Growth		 -54.12% -363.72% 8.68% 12.95% 5.81% 5.68% 6.29% 13.81% -3.33% 7.59%
Free Cash Flow Firm Q/Q Growth		 -67.24% 58.71% 11.48% -31.95% 37.26% 1,660.77% -135.53% -784.89% -222.19% 51.21%
Invested Capital Q/Q Growth		 24.68% -7.66% 2.39% 11.81% 3.27% 3.01% 21.59% 18.79% 4.22% -7.17%
Profitability Metrics		 - - - - - - - - - -
EBITDA Margin		 28.21% 34.98% 55.15% 61.24% 54.26% 58.72% 55.71% 58.03% 54.09% 52.71%
EBIT Margin		 31.35% 35.64% 51.80% 57.50% 50.29% 54.65% 53.21% 54.44% 51.59% 49.50%
Profit (Net Income) Margin		 24.91% 27.58% 41.61% 46.04% 40.93% 45.16% 45.44% 39.22% 37.11% 37.19%
Tax Burden Percent		 79.47% 77.38% 80.34% 80.07% 81.38% 82.62% 85.40% 72.04% 71.93% 75.13%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%
Effective Tax Rate		 20.53% 22.62% 19.66% 19.93% 18.62% 17.38% 14.60% 27.96% 28.07% 24.87%
Return on Invested Capital (ROIC)		 5.75% 5.40% 10.61% 15.81% 13.64% 14.44% 13.39% 12.05% 11.89% 11.17%
ROIC Less NNEP Spread (ROIC-NNEP)		 5.75% 5.40% 10.61% 15.81% 13.64% 14.44% 13.39% 12.05% 11.89% 11.17%
Return on Net Nonoperating Assets (RNNOA)		 6.57% 7.23% 9.88% 5.66% 2.11% 3.29% 4.61% 3.75% 3.03% 3.81%
Return on Equity (ROE)		 12.32% 12.64% 20.49% 21.47% 15.76% 17.73% 18.00% 15.80% 14.92% 14.99%
Cash Return on Invested Capital (CROIC)		 13.23% -6.97% -41.28% -43.59% -1.77% 16.19% -0.90% -11.69% -6.01% -17.79%
Operating Return on Assets (OROA)		 1.31% 1.35% 2.13% 2.43% 1.97% 2.42% 2.35% 2.41% 2.30% 2.08%
Return on Assets (ROA)		 1.04% 1.04% 1.71% 1.95% 1.60% 2.00% 2.01% 1.73% 1.65% 1.56%
Return on Common Equity (ROCE)		 11.75% 11.98% 19.32% 20.71% 15.76% 17.73% 18.00% 15.80% 14.92% 14.58%
Return on Equity Simple (ROE_SIMPLE)		 11.74% 11.88% 19.74% 18.12% 14.84% 16.55% 16.67% 14.60% 13.73% 12.21%
Net Operating Profit after Tax (NOPAT)		 788 722 1,057 899 507 499 436 325 260 194
NOPAT Margin		 24.91% 27.58% 41.61% 46.04% 40.93% 45.16% 45.44% 39.22% 37.11% 37.19%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 28.04% 29.61% 27.55% 29.81% 30.94% 31.99% 32.86% 32.69% 35.03% 36.51%
Operating Expenses to Revenue		 64.04% 61.97% 45.52% 43.59% 39.72% 43.60% 44.18% 43.49% 47.27% 49.89%
Earnings before Interest and Taxes (EBIT)		 991 934 1,316 1,123 623 604 510 452 361 259
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 892 916 1,401 1,196 672 649 534 482 379 275
Valuation Ratios		 - - - - - - - - - -
Price to Book Value (P/BV)		 1.43 1.21 1.21 2.25 1.64 1.75 1.43 2.39 2.41 2.06
Price to Tangible Book Value (P/TBV)		 1.78 1.55 1.63 3.08 1.79 2.28 1.92 3.21 2.87 2.54
Price to Revenue (P/Rev)		 2.90 2.68 2.41 5.37 4.51 4.77 3.89 6.42 6.52 6.27
Price to Earnings (P/E)		 11.81 9.90 5.86 11.71 11.03 10.57 8.56 16.37 17.57 16.92
Dividend Yield		 1.79% 2.26% 2.53% 1.19% 1.81% 0.97% 0.00% 0.00% 0.00% 0.00%
Earnings Yield		 8.46% 10.10% 17.06% 8.54% 9.07% 9.46% 11.69% 6.11% 5.69% 5.91%
Enterprise Value to Invested Capital (EV/IC)		 0.90 0.98 1.00 1.72 0.88 1.53 1.18 1.89 2.00 1.73
Enterprise Value to Revenue (EV/Rev)		 3.74 5.29 4.95 6.49 2.83 4.75 4.28 6.87 6.81 6.60
Enterprise Value to EBITDA (EV/EBITDA)		 13.26 15.13 8.97 10.60 5.21 8.09 7.68 11.84 12.60 12.52
Enterprise Value to EBIT (EV/EBIT)		 11.93 14.85 9.55 11.29 5.62 8.69 8.04 12.63 13.21 13.33
Enterprise Value to NOPAT (EV/NOPAT)		 15.01 19.19 11.89 14.11 6.91 10.52 9.42 17.53 18.36 17.75
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 5.60 0.00 5.22 7.32 7.59 14.86 17.00 15.64
Enterprise Value to Free Cash Flow (EV/FCFF)		 6.53 0.00 0.00 0.00 0.00 9.38 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - -
Debt to Equity		 0.96 1.34 1.34 0.49 0.17 0.14 0.33 0.36 0.26 0.25
Long-Term Debt to Equity		 0.13 0.15 0.17 0.48 0.17 0.13 0.14 0.17 0.19 0.13
Financial Leverage		 1.14 1.34 0.93 0.36 0.15 0.23 0.34 0.31 0.26 0.34
Leverage Ratio		 11.87 12.12 11.99 11.04 9.84 8.87 8.97 9.11 9.04 9.60
Compound Leverage Factor		 11.87 12.12 11.99 11.04 9.84 8.87 8.97 9.11 9.04 9.60
Debt to Total Capital		 49.11% 57.20% 57.32% 32.73% 14.65% 11.97% 25.06% 26.23% 20.56% 20.02%
Short-Term Debt to Total Capital		 42.29% 50.90% 50.20% 0.23% 0.40% 0.49% 14.72% 13.76% 5.11% 9.46%
Long-Term Debt to Total Capital		 6.82% 6.30% 7.12% 32.50% 14.25% 11.49% 10.34% 12.47% 15.45% 10.57%
Preferred Equity to Total Capital		 2.24% 2.08% 2.35% 4.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 48.65% 40.72% 40.33% 63.27% 85.35% 88.03% 74.94% 73.77% 79.44% 79.98%
Debt to EBITDA		 7.26 8.87 5.13 2.02 0.87 0.63 1.64 1.65 1.29 1.45
Net Debt to EBITDA		 2.66 7.15 4.39 1.59 -3.11 -0.04 0.70 0.78 0.54 0.63
Long-Term Debt to EBITDA		 1.01 0.98 0.64 2.01 0.85 0.61 0.67 0.78 0.97 0.76
Debt to NOPAT		 8.22 11.25 6.80 2.69 1.16 0.82 2.01 2.44 1.88 2.05
Net Debt to NOPAT		 3.02 9.07 5.82 2.11 -4.12 -0.05 0.86 1.16 0.79 0.90
Long-Term Debt to NOPAT		 1.14 1.24 0.84 2.67 1.12 0.79 0.83 1.16 1.42 1.08
Noncontrolling Interest Sharing Ratio		 4.62% 5.16% 5.72% 3.52% 0.00% 0.00% 0.00% 0.00% 0.00% 2.72%
Liquidity Ratios		 - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,812 -933 -4,113 -2,480 -66 560 -29 -316 -131 -309
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 0.94 -0.55 -8.65 -22.56 -0.69 3.03 -0.25 -5.19 -3.04 -9.49
Operating Cash Flow to Interest Expense		 -1.43 -0.19 4.72 -24.15 7.06 3.89 4.60 6.31 6.48 6.77
Operating Cash Flow Less CapEx to Interest Expense		 -1.43 -0.19 4.72 -24.15 7.06 3.89 4.60 6.31 6.48 6.77
Efficiency Ratios		 - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 9.03 8.52 11.10 12.36 9.52 9.01 8.05 6.96 5.87 4.50
Capital & Investment Metrics		 - - - - - - - - - -
Invested Capital		 13,179 14,203 12,548 7,378 3,999 3,427 3,488 3,023 2,381 1,990
Invested Capital Turnover		 0.23 0.20 0.26 0.34 0.33 0.32 0.29 0.31 0.32 0.30
Increase / (Decrease) in Invested Capital		 -1,024 1,655 5,170 3,379 572 -61 465 641 391 503
Enterprise Value (EV)		 11,826 13,866 12,566 12,683 3,499 5,251 4,105 5,705 4,771 3,447
Market Capitalization		 9,155 7,022 6,122 10,489 5,585 5,276 3,729 5,329 4,566 3,273
Book Value per Share		 $58.25 $52.83 $46.47 $44.79 $33.85 $29.39 $24.69 $21.14 $18.00 $15.56
Tangible Book Value per Share		 $46.76 $41.48 $34.50 $32.65 $30.89 $22.50 $18.37 $15.75 $15.12 $12.57
Total Capital		 13,180 14,203 12,548 7,378 3,999 3,427 3,488 3,023 2,381 1,990
Total Debt		 6,472 8,125 7,192 2,415 586 410 874 793 490 398
Total Long-Term Debt		 899 895 893 2,398 570 394 360 377 368 210
Net Debt		 2,376 6,549 6,149 1,899 -2,086 -24 375 376 205 174
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 6,472 8,125 7,192 2,415 586 410 874 793 490 398
Total Depreciation and Amortization (D&A)		 -99 -17 85 73 49 45 24 30 18 17
Earnings Adjustments		 - - - - - - - - - -
Adjusted Basic Earnings per Share		 $7.14 $6.55 $9.74 $8.72 $5.06 $4.86 $4.16 $3.12 $2.52 $2.05
Adjusted Weighted Average Basic Shares Outstanding		 108.60M 108.30M 107.20M 102.70M 100.20M 102.67M 104.67M 104.18M 103.04M 94.57M
Adjusted Diluted Earnings per Share		 $7.09 $6.54 $9.70 $8.67 $5.04 $4.84 $4.14 $3.10 $2.50 $2.03
Adjusted Weighted Average Diluted Shares Outstanding		 109.30M 108.50M 107.60M 103.30M 100.50M 103.13M 105.37M 105.00M 103.84M 95.22M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $4.86 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 110.45M 110.18M 109.61M 107.00M 101.10M 102.48M 105.30M 105.67M 105.33M 103.42M
Normalized Net Operating Profit after Tax (NOPAT)		 788 682 1,057 916 507 499 436 325 269 201
Normalized NOPAT Margin		 24.91% 26.02% 41.61% 46.91% 40.93% 45.16% 45.44% 39.22% 38.38% 38.46%
Pre Tax Income Margin		 31.35% 35.64% 51.80% 57.50% 50.29% 54.65% 53.21% 54.44% 51.59% 49.50%
Debt Service Ratios		 - - - - - - - - - -
EBIT to Interest Expense		 0.52 0.55 2.77 10.22 6.56 3.27 4.34 7.43 8.34 7.94
NOPAT to Interest Expense		 0.41 0.43 2.22 8.18 5.34 2.70 3.71 5.35 6.00 5.96
EBIT Less CapEx to Interest Expense		 0.52 0.55 2.77 10.22 6.56 3.27 4.34 7.43 8.34 7.94
NOPAT Less CapEx to Interest Expense		 0.41 0.43 2.22 8.18 5.34 2.70 3.71 5.35 6.00 5.96
Payout Ratios		 - - - - - - - - - -
Dividend Payout Ratio		 22.45% 23.74% 15.72% 14.19% 20.00% 10.28% 0.00% 0.00% 0.00% 0.39%
Augmented Payout Ratio		 22.45% 23.74% 15.72% 14.19% 34.13% 34.36% 8.19% 0.00% 0.00% 0.39%

Quarterly Metrics And Ratios for Western Alliance Bancorporation

This table displays calculated financial ratios and metrics derived from Western Alliance Bancorporation's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics		 - - - - - - - - - - -
Revenue Growth		 6.75% 22.90% 14.93% 15.31% 32.05% -2.42% 7.88% 7.09% -0.18% 24.62% 21.04%
EBITDA Growth		 26.68% 49.60% -17.60% -23.76% 1.01% -54.71% -21.26% -23.88% -37.05% -4.39% -0.06%
EBIT Growth		 6.30% 22.94% -9.28% -4.69% 25.57% -41.81% -15.69% -20.85% -37.49% -4.38% 0.80%
NOPAT Growth		 12.23% 46.65% -7.76% -10.25% 24.75% -49.52% -17.95% -17.10% -40.77% 19.11% 11.44%
Net Income Growth		 12.23% 46.65% -7.76% -10.25% 24.75% -49.52% -17.95% -17.10% -40.77% 19.11% 11.44%
EPS Growth		 11.88% 45.86% -8.63% -10.71% 25.00% -50.19% -18.60% -17.99% -42.34% 15.09% 6.14%
Operating Cash Flow Growth		 -439.64% -282.21% -87.47% -63.05% -185.78% -57.05% -216.05% -235.69% -42.64% 29.17% 122.88%
Free Cash Flow Firm Growth		 -86.63% 182.34% 272.23% 173.47% 159.58% 69.10% 46.05% 5.59% -586.56% -55.68% -116.65%
Invested Capital Growth		 -7.71% -7.21% -31.28% -20.58% -40.33% 13.19% 25.51% 44.90% 229.61% 70.07% 85.72%
Revenue Q/Q Growth		 -7.20% 1.86% 6.65% 5.90% 6.83% -4.75% 7.01% 21.27% -21.06% 5.30% 6.22%
EBITDA Q/Q Growth		 -2.54% 14.35% 10.56% 2.80% 15.09% -37.01% 2.30% 36.20% -45.22% 9.51% -1.10%
EBIT Q/Q Growth		 -5.01% 2.90% 1.69% 6.95% 9.86% -24.07% 6.84% 40.90% -49.09% 10.01% 0.30%
NOPAT Q/Q Growth		 -8.21% 8.56% 3.20% 9.13% 19.95% -31.72% 0.42% 51.69% -51.47% 10.98% 1.46%
Net Income Q/Q Growth		 -8.21% 8.56% 3.20% 9.13% 19.95% -31.72% 0.42% 51.69% -51.47% 10.98% 1.46%
EPS Q/Q Growth		 -7.73% 7.78% 2.86% 9.38% 20.30% -32.49% 0.51% 53.13% -52.06% 10.33% 1.26%
Operating Cash Flow Q/Q Growth		 -166.04% 41.79% -43.20% -143.33% -189.83% 159.89% -24.55% -228.02% -55.02% 61.83% 45.62%
Free Cash Flow Firm Q/Q Growth		 -1.35% -75.24% 42.53% -61.61% 707.62% 48.20% 39.20% 68.87% -215.17% 9.56% -6.39%
Invested Capital Q/Q Growth		 -6.94% 24.68% -17.54% -3.54% -6.44% -7.66% -4.70% -27.52% 77.47% 2.39% 10.02%
Profitability Metrics		 - - - - - - - - - - -
EBITDA Margin		 32.53% 30.98% 27.59% 26.61% 27.41% 25.45% 38.48% 40.25% 35.84% 54.83% 52.72%
EBIT Margin		 31.67% 30.94% 30.63% 32.12% 31.81% 30.93% 38.80% 38.86% 33.45% 51.87% 49.65%
Profit (Net Income) Margin		 25.59% 25.87% 24.27% 25.08% 24.34% 21.68% 30.24% 32.23% 25.77% 41.91% 39.77%
Tax Burden Percent		 80.80% 83.62% 79.25% 78.10% 76.53% 70.09% 77.94% 82.93% 77.03% 80.34% 80.10%
Interest Burden Percent		 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.00% 100.58% 100.00%
Effective Tax Rate		 19.20% 16.38% 20.75% 21.90% 23.47% 29.91% 22.06% 17.07% 22.97% 19.66% 19.90%
Return on Invested Capital (ROIC)		 6.43% 5.98% 5.62% 5.02% 3.83% 4.25% 5.77% 6.11% 4.51% 10.69% 10.14%
ROIC Less NNEP Spread (ROIC-NNEP)		 6.43% 5.98% 5.62% 5.02% 3.83% 4.25% 5.77% 6.11% 4.51% 10.69% 10.14%
Return on Net Nonoperating Assets (RNNOA)		 5.85% 6.82% 6.12% 7.08% 7.81% 5.69% 9.04% 9.54% 7.92% 9.95% 9.91%
Return on Equity (ROE)		 12.28% 12.80% 11.75% 12.10% 11.64% 9.93% 14.81% 15.65% 12.43% 20.64% 20.04%
Cash Return on Invested Capital (CROIC)		 14.36% 13.23% 42.62% 28.02% 54.77% -6.97% -16.34% -29.96% -100.28% -41.28% -49.29%
Operating Return on Assets (OROA)		 1.27% 1.29% 1.22% 1.25% 1.20% 1.17% 1.46% 1.50% 1.29% 2.13% 1.96%
Return on Assets (ROA)		 1.03% 1.08% 0.97% 0.98% 0.92% 0.82% 1.14% 1.24% 0.99% 1.72% 1.57%
Return on Common Equity (ROCE)		 11.47% 12.20% 11.19% 11.51% 11.06% 9.42% 14.00% 14.78% 11.73% 19.46% 18.80%
Return on Equity Simple (ROE_SIMPLE)		 11.69% 0.00% 10.76% 11.61% 12.27% 0.00% 15.10% 16.09% 17.38% 0.00% 20.12%
Net Operating Profit after Tax (NOPAT)		 199 217 200 194 177 148 217 216 142 293 264
NOPAT Margin		 25.59% 25.87% 24.27% 25.08% 24.34% 21.68% 30.24% 32.23% 25.77% 41.91% 39.77%
Net Nonoperating Expense Percent (NNEP)		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
SG&A Expenses to Revenue		 32.22% 28.08% 27.19% 27.66% 29.35% 28.04% 26.92% 29.08% 35.69% 24.70% 26.69%
Operating Expenses to Revenue		 64.32% 61.90% 65.29% 63.07% 66.11% 67.71% 59.51% 57.88% 63.04% 47.69% 46.06%
Earnings before Interest and Taxes (EBIT)		 246 259 252 248 232 211 278 260 185 363 330
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)		 253 260 227 205 200 174 276 269 198 383 350
Valuation Ratios		 - - - - - - - - - - -
Price to Book Value (P/BV)		 1.28 1.43 1.49 1.14 1.18 1.21 0.90 0.72 0.71 1.21 1.43
Price to Tangible Book Value (P/TBV)		 1.58 1.78 1.84 1.42 1.49 1.55 1.16 0.94 0.95 1.63 2.03
Price to Revenue (P/Rev)		 2.64 2.90 3.17 2.37 2.49 2.68 1.86 1.50 1.47 2.41 2.81
Price to Earnings (P/E)		 10.65 11.81 13.49 9.53 9.34 9.90 5.75 4.29 3.94 5.86 6.76
Dividend Yield		 1.95% 1.79% 1.71% 2.35% 2.30% 2.26% 3.21% 4.07% 4.21% 2.53% 2.26%
Earnings Yield		 9.39% 8.46% 7.41% 10.50% 10.71% 10.10% 17.40% 23.31% 25.41% 17.06% 14.79%
Enterprise Value to Invested Capital (EV/IC)		 0.88 0.90 1.05 0.75 0.81 0.98 0.74 0.77 0.77 1.00 1.03
Enterprise Value to Revenue (EV/Rev)		 3.38 3.74 3.70 3.31 3.87 5.29 4.30 4.82 6.74 4.95 5.27
Enterprise Value to EBITDA (EV/EBITDA)		 11.47 13.26 13.80 11.22 11.78 15.13 10.28 10.58 13.56 8.97 8.92
Enterprise Value to EBIT (EV/EBIT)		 10.78 11.93 11.79 9.90 11.03 14.85 10.46 10.97 14.21 9.55 9.50
Enterprise Value to NOPAT (EV/NOPAT)		 13.40 15.01 15.47 13.03 14.28 19.19 13.08 13.63 17.85 11.89 12.53
Enterprise Value to Operating Cash Flow (EV/OCF)		 0.00 0.00 0.00 0.00 0.00 0.00 91.06 10.52 8.65 5.60 6.13
Enterprise Value to Free Cash Flow (EV/FCFF)		 5.91 6.53 2.01 2.36 1.11 0.00 0.00 0.00 0.00 0.00 0.00
Leverage & Solvency		 - - - - - - - - - - -
Debt to Equity		 0.70 0.96 0.58 1.02 1.15 1.34 1.68 1.84 3.03 1.34 1.44
Long-Term Debt to Equity		 0.12 0.13 0.13 0.14 0.15 0.15 0.15 0.16 0.16 0.17 0.18
Financial Leverage		 0.91 1.14 1.09 1.41 2.04 1.34 1.57 1.56 1.76 0.93 0.98
Leverage Ratio		 11.95 11.87 12.15 12.38 12.66 12.12 13.01 12.61 12.50 11.99 12.79
Compound Leverage Factor		 11.95 11.87 12.15 12.38 12.66 12.12 13.01 12.61 12.50 12.06 12.79
Debt to Total Capital		 41.17% 49.11% 36.83% 50.58% 53.55% 57.20% 62.64% 64.78% 75.21% 57.32% 59.03%
Short-Term Debt to Total Capital		 33.85% 42.29% 28.33% 43.59% 46.81% 50.90% 56.86% 59.28% 71.19% 50.20% 51.78%
Long-Term Debt to Total Capital		 7.32% 6.82% 8.50% 7.00% 6.74% 6.30% 5.79% 5.50% 4.02% 7.12% 7.25%
Preferred Equity to Total Capital		 2.41% 2.24% 2.79% 2.30% 2.22% 2.08% 1.92% 1.83% 1.32% 2.35% 2.41%
Noncontrolling Interests to Total Capital		 2.39% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital		 54.04% 48.65% 60.38% 47.11% 44.22% 40.72% 35.44% 33.40% 23.47% 40.33% 38.56%
Debt to EBITDA		 5.34 7.26 4.83 7.59 7.75 8.87 8.73 8.87 13.26 5.13 5.10
Net Debt to EBITDA		 1.87 2.66 1.61 2.82 3.88 7.15 5.56 7.05 10.38 4.39 3.96
Long-Term Debt to EBITDA		 0.95 1.01 1.11 1.05 0.98 0.98 0.81 0.75 0.71 0.64 0.63
Debt to NOPAT		 6.24 8.22 5.42 8.82 9.39 11.25 11.11 11.43 17.46 6.80 7.16
Net Debt to NOPAT		 2.19 3.02 1.81 3.27 4.71 9.07 7.08 9.07 13.66 5.82 5.57
Long-Term Debt to NOPAT		 1.11 1.14 1.25 1.22 1.18 1.24 1.03 0.97 0.93 0.84 0.88
Noncontrolling Interest Sharing Ratio		 6.60% 4.62% 4.75% 4.91% 5.04% 5.16% 5.48% 5.53% 5.59% 5.72% 6.18%
Liquidity Ratios		 - - - - - - - - - - -
Cash Flow Metrics		 - - - - - - - - - - -
Free Cash Flow to Firm (FCFF)		 1,224 1,241 5,011 3,516 9,157 -1,507 -2,909 -4,785 -15,371 -4,877 -5,393
Operating Cash Flow to CapEx		 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow to Firm to Interest Expense		 2.75 2.63 9.96 7.16 20.08 -3.37 -6.62 -10.62 -42.82 -19.62 -39.28
Operating Cash Flow to Interest Expense		 -3.72 -1.32 -2.12 -1.52 -0.67 0.76 -1.30 -1.02 1.00 3.20 3.58
Operating Cash Flow Less CapEx to Interest Expense		 -3.72 -1.32 -2.12 -1.52 -0.67 0.76 -1.30 -1.02 1.00 3.20 3.58
Efficiency Ratios		 - - - - - - - - - - -
Asset Turnover		 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04 0.04
Fixed Asset Turnover		 9.11 9.03 8.83 8.71 8.78 8.52 9.35 9.84 10.38 11.10 12.07
Capital & Investment Metrics		 - - - - - - - - - - -
Invested Capital		 12,264 13,179 10,570 12,818 13,289 14,203 15,381 16,140 22,269 12,548 12,255
Invested Capital Turnover		 0.25 0.23 0.23 0.20 0.16 0.20 0.19 0.19 0.18 0.26 0.25
Increase / (Decrease) in Invested Capital		 -1,025 -1,024 -4,811 -3,322 -8,980 1,655 3,126 5,001 15,513 5,170 5,657
Enterprise Value (EV)		 10,844 11,826 11,117 9,586 10,815 13,866 11,346 12,467 17,130 12,566 12,661
Market Capitalization		 8,486 9,155 9,521 6,884 6,953 7,022 4,913 3,870 3,726 6,122 6,742
Book Value per Share		 $60.00 $58.25 $57.97 $54.84 $54.17 $52.83 $49.78 $49.23 $47.68 $46.47 $43.64
Tangible Book Value per Share		 $48.71 $46.76 $46.88 $43.94 $42.93 $41.48 $38.67 $37.63 $35.93 $34.50 $30.63
Total Capital		 12,264 13,180 10,570 12,818 13,290 14,203 15,381 16,140 22,269 12,548 12,255
Total Debt		 5,049 6,472 3,893 6,484 7,117 8,125 9,635 10,455 16,748 7,192 7,234
Total Long-Term Debt		 898 899 898 897 896 895 890 888 895 893 889
Net Debt		 1,770 2,376 1,301 2,407 3,567 6,549 6,138 8,302 13,109 6,149 5,624
Capital Expenditures (CapEx)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Expense (NNE)		 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Nonoperating Obligations (NNO)		 5,050 6,472 3,893 6,484 7,117 8,125 9,635 10,455 16,749 7,192 7,234
Total Depreciation and Amortization (D&A)		 6.70 0.30 -25 -43 -32 -37 -2.30 9.30 13 21 20
Earnings Adjustments		 - - - - - - - - - - -
Adjusted Basic Earnings per Share		 $1.80 $1.97 $1.81 $1.75 $1.61 $1.33 $1.97 $1.96 $1.29 $2.68 $2.43
Adjusted Weighted Average Basic Shares Outstanding		 108.80M 108.60M 108.70M 108.60M 108.50M 108.30M 108.30M 108.30M 108.10M 107.20M 107.50M
Adjusted Diluted Earnings per Share		 $1.79 $1.94 $1.80 $1.75 $1.60 $1.33 $1.97 $1.96 $1.28 $2.67 $2.42
Adjusted Weighted Average Diluted Shares Outstanding		 109.60M 109.30M 109.50M 109.10M 109M 108.50M 108.50M 108.30M 108.30M 107.60M 107.90M
Adjusted Basic & Diluted Earnings per Share		 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding		 110.40M 110.45M 110.07M 110.09M 110.11M 110.18M 109.47M 109.50M 109.50M 109.61M 108.91M
Normalized Net Operating Profit after Tax (NOPAT)		 199 217 200 194 177 120 217 215 132 293 264
Normalized NOPAT Margin		 25.59% 25.87% 24.27% 25.08% 24.34% 17.64% 30.24% 32.14% 23.99% 41.91% 39.77%
Pre Tax Income Margin		 31.67% 30.94% 30.63% 32.12% 31.81% 30.93% 38.80% 38.86% 33.45% 52.17% 49.65%
Debt Service Ratios		 - - - - - - - - - - -
EBIT to Interest Expense		 0.55 0.55 0.50 0.51 0.51 0.47 0.63 0.58 0.51 1.46 2.40
NOPAT to Interest Expense		 0.45 0.46 0.40 0.39 0.39 0.33 0.49 0.48 0.40 1.18 1.92
EBIT Less CapEx to Interest Expense		 0.55 0.55 0.50 0.51 0.51 0.47 0.63 0.58 0.51 1.46 2.40
NOPAT Less CapEx to Interest Expense		 0.45 0.46 0.40 0.39 0.39 0.33 0.49 0.48 0.40 1.18 1.92
Payout Ratios		 - - - - - - - - - - -
Dividend Payout Ratio		 21.98% 22.45% 24.42% 23.68% 22.81% 23.74% 19.62% 18.56% 17.54% 15.72% 16.21%
Augmented Payout Ratio		 21.98% 22.45% 24.42% 23.68% 22.81% 23.74% 19.62% 18.56% 17.54% 15.72% 16.21%

Frequently Asked Questions About Western Alliance Bancorporation's Financials

When does Western Alliance Bancorporation's financial year end?

According to the most recent income statement we have on file, Western Alliance Bancorporation's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Western Alliance Bancorporation's net income changed over the last 9 years?

Western Alliance Bancorporation's net income appears to be on an upward trend, with a most recent value of $787.70 million in 2024, rising from $194.24 million in 2015. The previous period was $722.40 million in 2023. Check out Western Alliance Bancorporation's forecast to explore projected trends and price targets.

How has Western Alliance Bancorporation revenue changed over the last 9 years?

Over the last 9 years, Western Alliance Bancorporation's total revenue changed from $522.34 million in 2015 to $3.16 billion in 2024, a change of 505.4%.

How much debt does Western Alliance Bancorporation have?

Western Alliance Bancorporation's total liabilities were at $74.23 billion at the end of 2024, a 14.6% increase from 2023, and a 485.2% increase since 2015.

How much cash does Western Alliance Bancorporation have?

In the past 9 years, Western Alliance Bancorporation's cash and equivalents has ranged from $133.71 million in 2015 to $320 million in 2024, and is currently $320 million as of their latest financial filing in 2024.

How has Western Alliance Bancorporation's book value per share changed over the last 9 years?

Over the last 9 years, Western Alliance Bancorporation's book value per share changed from 15.56 in 2015 to 58.25 in 2024, a change of 274.5%.


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This page (NYSE:WAL) was last updated on 5/29/2025 by MarketBeat.com Staff
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