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Western Alliance Bancorporation

WAL

(3.8)
Stock Price

88,32 USD

1.26% ROA

12.55% ROE

7.87x PER

Market Cap.

6.896.862.000,00 USD

170.81% DER

2.3% Yield

26.98% NPM

Western Alliance Bancorporation Stock Analysis

Western Alliance Bancorporation Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Western Alliance Bancorporation Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (15.55%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 PBV

The stock's low PBV ratio (0.93x) suggests it's undervalued, making it an attractive opportunity for investors.

3 Revenue Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 Dividend Growth

Investors can take confidence in the company's impressive track record of annual dividend growth over the last five years, showcasing a commitment to rewarding shareholders.

6 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

7 ROA

The stock's ROA (1.26%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

8 Graham Number

Based on the Graham number, this company's stock price appears to be lower than its intrinsic value, signaling a potentially favorable investment choice.

9 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (146) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 DER

The stock is burdened with a heavy load of debt (171%), making it financially unstable and potentially risky for investors.

11 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

Western Alliance Bancorporation Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Western Alliance Bancorporation Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Western Alliance Bancorporation Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Western Alliance Bancorporation Revenue
Year Revenue Growth
2001 3.437.000
2002 5.522.000 37.76%
2003 45.295.000 87.81%
2004 79.861.000 43.28%
2005 114.480.000 30.24%
2006 162.222.000 29.43%
2007 202.427.000 19.86%
2008 234.694.000 13.75%
2009 252.332.000 6.99%
2010 277.575.000 9.09%
2011 292.351.000 5.05%
2012 305.720.000 4.37%
2013 341.728.000 10.54%
2014 408.454.000 16.34%
2015 517.354.000 21.05%
2016 694.318.000 25.49%
2017 807.831.000 14.05%
2018 922.612.000 12.44%
2019 1.051.763.000 12.28%
2020 1.198.700.000 12.26%
2021 1.843.900.000 34.99%
2022 2.297.200.000 19.73%
2023 2.313.200.000 0.69%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Western Alliance Bancorporation Research and Development Expenses
Year Research and Development Expenses Growth
2001 0
2002 0 0%
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Western Alliance Bancorporation General and Administrative Expenses
Year General and Administrative Expenses Growth
2001 7.591.000
2002 0 0%
2003 15.615.000 100%
2004 25.590.000 38.98%
2005 36.816.000 30.49%
2006 54.767.000 32.78%
2007 76.582.000 28.49%
2008 88.349.000 13.32%
2009 95.466.000 7.46%
2010 151.579.000 37.02%
2011 112.311.000 -34.96%
2012 113.555.000 1.1%
2013 121.528.000 6.56%
2014 135.492.000 10.31%
2015 160.831.000 15.76%
2016 201.708.000 20.27%
2017 228.386.000 11.68%
2018 267.243.000 14.54%
2019 291.198.000 8.23%
2020 316.900.000 8.11%
2021 489.700.000 35.29%
2022 570.600.000 14.18%
2023 681.200.000 16.24%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Western Alliance Bancorporation EBITDA
Year EBITDA Growth
2001 18.094.000
2002 22.415.000 19.28%
2003 30.399.000 26.26%
2004 57.065.000 46.73%
2005 81.007.000 29.56%
2006 153.507.000 47.23%
2007 187.103.000 17.96%
2008 -177.070.000 205.67%
2009 -103.789.000 -70.61%
2010 49.746.000 308.64%
2011 97.889.000 49.18%
2012 134.388.000 27.16%
2013 178.774.000 24.83%
2014 229.288.000 22.03%
2015 293.076.000 21.77%
2016 407.260.000 28.04%
2017 526.059.000 22.58%
2018 642.251.000 18.09%
2019 605.773.000 -6.02%
2020 624.100.000 2.94%
2021 1.173.000.000 46.79%
2022 1.887.300.000 37.85%
2023 1.111.600.000 -69.78%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Western Alliance Bancorporation Gross Profit
Year Gross Profit Growth
2001 3.437.000
2002 5.522.000 37.76%
2003 45.295.000 87.81%
2004 79.861.000 43.28%
2005 114.480.000 30.24%
2006 162.222.000 29.43%
2007 202.427.000 19.86%
2008 234.694.000 13.75%
2009 231.057.000 -1.57%
2010 277.575.000 16.76%
2011 292.351.000 5.05%
2012 305.720.000 4.37%
2013 341.728.000 10.54%
2014 409.505.000 16.55%
2015 517.354.000 20.85%
2016 694.318.000 25.49%
2017 807.831.000 14.05%
2018 922.612.000 12.44%
2019 1.051.763.000 12.28%
2020 1.198.700.000 12.26%
2021 1.843.900.000 34.99%
2022 2.297.200.000 19.73%
2023 2.313.200.000 0.69%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Western Alliance Bancorporation Net Profit
Year Net Profit Growth
2001 5.953.000
2002 8.409.000 29.21%
2003 8.689.000 3.22%
2004 20.057.000 56.68%
2005 28.065.000 28.53%
2006 39.889.000 29.64%
2007 32.875.000 -21.34%
2008 -236.460.000 113.9%
2009 -151.406.000 -56.18%
2010 -7.195.000 -2004.32%
2011 31.494.000 122.85%
2012 72.834.000 56.76%
2013 114.522.000 36.4%
2014 147.951.000 22.59%
2015 194.244.000 23.83%
2016 259.798.000 25.23%
2017 325.492.000 20.18%
2018 435.788.000 25.31%
2019 499.171.000 12.7%
2020 506.600.000 1.47%
2021 899.200.000 43.66%
2022 1.057.300.000 14.95%
2023 866.400.000 -22.03%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Western Alliance Bancorporation Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2001 1
2002 1 0%
2003 1 0%
2004 1 100%
2005 1 0%
2006 2 0%
2007 1 0%
2008 -7 114.29%
2009 -3 -250%
2010 0 0%
2011 0 0%
2012 1 0%
2013 1 100%
2014 2 0%
2015 2 50%
2016 3 0%
2017 3 33.33%
2018 4 25%
2019 5 0%
2020 5 20%
2021 9 37.5%
2022 10 20%
2023 8 -42.86%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Western Alliance Bancorporation Free Cashflow
Year Free Cashflow Growth
2001 -44.067.000
2003 5.625.000 883.41%
2004 13.375.000 57.94%
2005 11.603.000 -15.27%
2006 8.592.000 -35.04%
2007 18.882.000 54.5%
2008 74.208.000 74.56%
2009 74.755.000 0.73%
2010 300.000 -24818.33%
2011 142.475.000 99.79%
2012 103.406.000 -37.78%
2013 146.176.000 29.26%
2014 34.242.000 -326.89%
2015 126.878.000 73.01%
2016 -3.110.000 4179.68%
2017 374.949.000 100.83%
2018 529.659.000 29.21%
2019 682.624.000 22.41%
2020 643.400.000 -6.1%
2021 -2.723.400.000 123.62%
2022 2.104.300.000 229.42%
2023 -595.900.000 453.13%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Western Alliance Bancorporation Operating Cashflow
Year Operating Cashflow Growth
2001 -44.067.000
2003 12.696.000 447.09%
2004 27.274.000 53.45%
2005 34.359.000 20.62%
2006 43.764.000 21.49%
2007 54.755.000 20.07%
2008 81.003.000 32.4%
2009 74.755.000 -8.36%
2010 300.000 -24818.33%
2011 142.475.000 99.79%
2012 111.960.000 -27.26%
2013 165.049.000 32.17%
2014 34.242.000 -382.01%
2015 127.208.000 73.08%
2016 -3.110.000 4190.29%
2017 383.811.000 100.81%
2018 540.972.000 29.05%
2019 717.772.000 24.63%
2020 670.200.000 -7.1%
2021 -2.654.000.000 125.25%
2022 2.245.300.000 218.2%
2023 -569.700.000 494.12%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Western Alliance Bancorporation Capital Expenditure
Year Capital Expenditure Growth
2001 0
2003 7.071.000 100%
2004 13.899.000 49.13%
2005 22.756.000 38.92%
2006 35.172.000 35.3%
2007 35.873.000 1.95%
2008 6.795.000 -427.93%
2009 0 0%
2010 0 0%
2011 0 0%
2012 8.554.000 100%
2013 18.873.000 54.68%
2014 0 0%
2015 330.000 100%
2016 0 0%
2017 8.862.000 100%
2018 11.313.000 21.67%
2019 35.148.000 67.81%
2020 26.800.000 -31.15%
2021 69.400.000 61.38%
2022 141.000.000 50.78%
2023 26.200.000 -438.17%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Western Alliance Bancorporation Equity
Year Equity Growth
2001 35.862.000
2002 67.442.000 46.83%
2003 97.451.000 30.79%
2004 133.571.000 27.04%
2005 244.223.000 45.31%
2006 408.579.000 40.23%
2007 501.518.000 18.53%
2008 495.497.000 -1.22%
2009 575.700.000 13.93%
2010 602.200.000 4.4%
2011 636.700.000 5.42%
2012 759.600.000 16.18%
2013 855.300.000 11.19%
2014 1.000.900.000 14.55%
2015 1.591.500.000 37.11%
2016 1.891.500.000 15.86%
2017 2.229.200.000 15.15%
2018 2.613.700.000 14.71%
2019 3.016.700.000 13.36%
2020 3.413.500.000 11.62%
2021 4.962.600.000 31.22%
2022 5.356.000.000 7.35%
2023 5.746.000.000 6.79%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Western Alliance Bancorporation Assets
Year Assets Growth
2001 602.703.000
2002 872.074.000 30.89%
2003 1.576.773.000 44.69%
2004 2.176.849.000 27.57%
2005 2.857.271.000 23.81%
2006 4.169.604.000 31.47%
2007 5.016.096.000 16.88%
2008 5.242.761.000 4.32%
2009 5.753.200.000 8.87%
2010 6.193.900.000 7.12%
2011 6.844.500.000 9.51%
2012 7.622.600.000 10.21%
2013 9.307.100.000 18.1%
2014 10.600.500.000 12.2%
2015 14.275.100.000 25.74%
2016 17.200.800.000 17.01%
2017 20.329.100.000 15.39%
2018 23.109.500.000 12.03%
2019 26.821.900.000 13.84%
2020 36.461.000.000 26.44%
2021 55.982.600.000 34.87%
2022 67.734.000.000 17.35%
2023 70.891.000.000 4.45%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Western Alliance Bancorporation Liabilities
Year Liabilities Growth
2001 0
2002 804.632.000 100%
2003 1.479.322.000 45.61%
2004 2.043.278.000 27.6%
2005 2.613.048.000 21.8%
2006 3.761.025.000 30.52%
2007 4.514.468.000 16.69%
2008 4.747.264.000 4.9%
2009 5.177.500.000 8.31%
2010 5.591.700.000 7.41%
2011 6.207.800.000 9.92%
2012 6.863.000.000 9.55%
2013 8.451.800.000 18.8%
2014 9.599.600.000 11.96%
2015 12.683.600.000 24.31%
2016 15.309.300.000 17.15%
2017 18.099.900.000 15.42%
2018 20.495.800.000 11.69%
2019 23.805.200.000 13.9%
2020 33.047.500.000 27.97%
2021 51.020.000.000 35.23%
2022 62.378.000.000 18.21%
2023 65.145.000.000 4.25%

Western Alliance Bancorporation Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
20.15
Net Income per Share
8.01
Price to Earning Ratio
7.87x
Price To Sales Ratio
3.16x
POCF Ratio
54.76
PFCF Ratio
-359.21
Price to Book Ratio
1.19
EV to Sales
6.05
EV Over EBITDA
7.68
EV to Operating CashFlow
106.06
EV to FreeCashFlow
-688.27
Earnings Yield
0.13
FreeCashFlow Yield
-0
Market Cap
6,90 Bil.
Enterprise Value
13,21 Bil.
Graham Number
97.79
Graham NetNet
-479.77

Income Statement Metrics

Net Income per Share
8.01
Income Quality
0.14
ROE
0.16
Return On Assets
0.01
Return On Capital Employed
0.05
Net Income per EBT
0.77
EBT Per Ebit
0.51
Ebit per Revenue
0.68
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.3
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0.02
Gross Profit Margin
1
Operating Profit Margin
0.68
Pretax Profit Margin
0.35
Net Profit Margin
0.27

Dividends

Dividend Yield
0.02
Dividend Yield %
2.3
Payout Ratio
0.2
Dividend Per Share
1.45

Operating Metrics

Operating Cashflow per Share
1.15
Free CashFlow per Share
-0.18
Capex to Operating CashFlow
-1.15
Capex to Revenue
-0.07
Capex to Depreciation
-1.72
Return on Invested Capital
0.08
Return on Tangible Assets
0.01
Days Sales Outstanding
0
Days Payables Outstanding
0
Days of Inventory on Hand
0
Receivables Turnover
0
Payables Turnover
0
Inventory Turnover
0
Capex per Share
-1.33

Balance Sheet

Cash per Share
121,75
Book Value per Share
53,06
Tangible Book Value per Share
35.47
Shareholders Equity per Share
53.06
Interest Debt per Share
104.46
Debt to Equity
1.71
Debt to Assets
0.14
Net Debt to EBITDA
3.67
Current Ratio
3.35
Tangible Asset Value
3,84 Bil.
Net Current Asset Value
-61,65 Bil.
Invested Capital
1.71
Working Capital
2,45 Bil.
Intangibles to Total Assets
0.03
Average Receivables
0,00 Bil.
Average Payables
0,92 Bil.
Average Inventory
0
Debt to Market Cap
1.42

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Western Alliance Bancorporation Dividends
Year Dividends Growth
2019 1
2020 1 100%
2021 1 0%
2022 1 0%
2023 1 0%

Western Alliance Bancorporation Profile

About Western Alliance Bancorporation

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.

CEO
Mr. Kenneth A. Vecchione
Employee
3.260
Address
One East Washington Street
Phoenix, 85004

Western Alliance Bancorporation Executives & BODs

Western Alliance Bancorporation Executives & BODs
# Name Age
1 Mr. Stephen R. Curley
Chief Banking Officer for National Business Lines & President for Alliance Association Bank
70
2 Paulina Woo
Senior Director of Treasury Management, Corporate Finance, Public & Non-profit Finance
70
3 Mr. James Kelly Ardrey Jr., CPA
Senior Vice President & Chief Accounting Officer
70
4 Mr. Miles Pondelik
Director of Investor Relations & Corporate Development
70
5 Mr. Dale M. Gibbons
Vice Chairman, Executive Vice President & Chief Financial Officer
70
6 Mr. Timothy R. Bruckner
Chief Banking Officer of Regional Banking
70
7 Mr. Timothy W. Boothe
Chief Operating Officer
70
8 Mr. Jeff Semonovich
Chief Information Officer
70
9 Ms. Jessica H. Jarvi
Chief Legal Officer
70
10 Mr. Kenneth A. Vecchione
Chief Executive Officer, President & Director
70

Western Alliance Bancorporation Competitors