Western Alliance Bancorporation (WAL) Financials

$74.25 +2.79 (+3.90%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$74.22 -0.03 (-0.04%)

As of 04:02 AM Eastern

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

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

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

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

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

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	-	-	-	-	-	-	-

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%

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 fiscal year end?

According to the most recent income statement we have on file, Western Alliance Bancorporation's financial year ends in December. Their financial 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. Find out what analysts predict for Western Alliance Bancorporation in the coming months.

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 5/28/2025 by MarketBeat.com Staff

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Western Alliance Bancorporation (WAL) Financials

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Western Alliance Bancorporation (WAL) Financials

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