Last 7 days
10.7%
Last 30 days
9.3%
Last 90 days
-2.4%
Trailing 12 Months
96.8%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 3.2B | 3.6B | 3.9B | 4.0B |
2022 | 1.8B | 2.0B | 2.3B | 2.7B |
2021 | 1.3B | 1.4B | 1.5B | 1.7B |
2020 | 1.2B | 1.3B | 1.2B | 1.3B |
2019 | 1.1B | 1.1B | 1.2B | 1.2B |
2018 | 887.9M | 932.6M | 980.0M | 1.0B |
2017 | 738.5M | 771.4M | 804.5M | 845.5M |
2016 | 568.4M | 625.9M | 664.4M | 700.5M |
2015 | 428.6M | 443.3M | 484.0M | 525.1M |
2014 | 378.2M | 390.9M | 403.8M | 416.4M |
2013 | 324.0M | 335.4M | 349.4M | 362.7M |
2012 | 302.1M | 306.3M | 310.8M | 318.3M |
2011 | 285.0M | 288.7M | 292.1M | 296.6M |
2010 | 0 | 278.0M | 279.9M | 281.8M |
2009 | 0 | 0 | 0 | 276.0M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 15, 2024 | nachlas emily | acquired | - | - | 72.00 | chief risk officer |
Mar 15, 2024 | curley stephen russell | back to issuer | -9,566 | 57.98 | -165 | chief banking ofc.-nbl |
Mar 15, 2024 | jarvi jessica h | acquired | - | - | 58.00 | clo & secretary |
Mar 15, 2024 | vecchione kenneth | acquired | - | - | 539 | president and ceo |
Mar 15, 2024 | bruckner tim r | back to issuer | -9,160 | 57.98 | -158 | cbo for regional banking |
Mar 15, 2024 | nachlas emily | back to issuer | -4,174 | 57.98 | -72.00 | chief risk officer |
Mar 15, 2024 | kennedy barbara | acquired | - | - | 101 | chief human resources officer |
Mar 15, 2024 | curley stephen russell | acquired | - | - | 165 | chief banking ofc.-nbl |
Mar 15, 2024 | gibbons dale | back to issuer | -16,524 | 57.98 | -285 | vice chairman and cfo |
Mar 15, 2024 | bruckner tim r | acquired | - | - | 158 | cbo for regional banking |
Which funds bought or sold WAL recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | reduced | -3.99 | 68,072 | 250,068 | -% |
Mar 21, 2024 | HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND | sold off | -100 | -4,873,230 | - | -% |
Mar 13, 2024 | Global Frontier Investments LLC | unchanged | - | 5,649,000 | 18,750,000 | 6.44% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 0.23 | 200,157,000 | 660,881,000 | 0.01% |
Mar 04, 2024 | CONGRESS ASSET MANAGEMENT CO /MA | added | 0.59 | 4,356,000 | 14,265,400 | 0.11% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 101 | 9,149,860 | 14,025,100 | -% |
Feb 29, 2024 | Scarborough Advisors, LLC | new | - | 2,829 | 2,829 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -2.52 | 16,562 | 58,487 | -% |
Feb 26, 2024 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 40.96 | 1,009,000 | 2,000,000 | 0.02% |
Feb 26, 2024 | CENTAURUS FINANCIAL, INC. | reduced | -5.5 | 60,000 | 230,000 | 0.02% |
Unveiling Western Alliance Bancorp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Peers (Alternatives to Western Alliance Bancorp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
JPM | 576.9B | 171.1B | 11.64 | 3.37 | ||||
BAC | 298.5B | 130.3B | 11.26 | 2.29 | ||||
WFC | 207.3B | 85.7B | 10.83 | 2.42 | ||||
C | 120.9B | 133.3B | 13.1 | 0.91 | ||||
CFG | 16.6B | 10.2B | 10.35 | 1.63 | ||||
KEY | 14.8B | 7.9B | 15.27 | 1.86 | ||||
MID-CAP | ||||||||
CMA | 7.3B | 4.2B | 8.27 | 1.75 | ||||
ZION | 6.4B | 3.9B | 9.46 | 1.63 | ||||
ABCB | 3.3B | 1.3B | 12.41 | 2.61 | ||||
ASB | 3.2B | 2.0B | 17.76 | 1.66 | ||||
SMALL-CAP | ||||||||
AMNB | 507.7M | 120.2M | 19.41 | 4.22 | ||||
ALRS | 430.9M | 164.9M | 36.84 | 2.61 | ||||
AROW | 414.2M | 162.6M | 13.77 | 2.55 | ||||
ACNB | 319.8M | 96.6M | 10.09 | 3.31 | ||||
ASRV | 44.6M | 60.9M | -13.32 | 0.73 |
Western Alliance Bancorp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Revenue | 1.2% | 1,039 | 1,027 | 1,001 | 969 | 888 | 739 | 580 | 485 | 483 | 443 | 399 | 334 | 332 | 305 | 318 | 307 | 315 | 316 | 303 | 291 | 282 |
EBITDA Margin | -9.2% | 0.83* | 0.91* | 1.00* | 1.15* | 1.33* | 1.46* | 1.56* | 1.61* | 1.63* | 1.66* | 1.63* | 1.55* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 0.8% | 592 | 587 | 550 | 610 | 640 | 602 | 525 | 450 | 451 | 410 | 371 | 317 | 315 | 285 | 298 | 269 | 272 | 266 | 255 | 247 | 244 |
Income Taxes | 2.9% | 63.00 | 61.00 | 44.00 | 42.00 | 72.00 | 66.00 | 63.00 | 58.00 | 64.00 | 66.00 | 52.00 | 42.00 | 47.00 | 31.00 | 20.00 | 19.00 | 26.00 | 29.00 | 25.00 | 26.00 | 21.00 |
Earnings Before Taxes | -24.1% | 211 | 278 | 260 | 185 | 365 | 330 | 324 | 298 | 310 | 302 | 276 | 234 | 241 | 167 | 113 | 102 | 154 | 156 | 148 | 146 | 140 |
EBT Margin | -17.3% | 0.23* | 0.28* | 0.32* | 0.38* | 0.49* | 0.55* | 0.62* | 0.66* | 0.68* | 0.70* | 0.67* | 0.59* | - | - | - | - | - | - | - | - | - |
Net Income | -31.7% | 148 | 217 | 216 | 142 | 293 | 264 | 260 | 240 | 246 | 237 | 224 | 193 | 194 | 136 | 93.00 | 84.00 | 128 | 127 | 123 | 121 | 119 |
Net Income Margin | -19.8% | 0.18* | 0.22* | 0.25* | 0.30* | 0.39* | 0.44* | 0.49* | 0.52* | 0.54* | 0.56* | 0.54* | 0.48* | - | - | - | - | - | - | - | - | - |
Free Cashflow | 144.3% | 341 | -769 | 457 | -357 | 794 | 491 | 337 | 623 | 615 | -2,145 | -1,223 | 100 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Assets | 0.0% | 70,862 | 70,891 | 68,160 | 71,047 | 67,734 | 69,165 | 66,055 | 60,576 | 55,983 | 52,775 | 49,069 | 43,397 | 36,461 | 33,336 | 31,906 | 29,158 | 26,822 | 26,324 | 25,315 | 23,793 | 23,109 |
Cash Equivalents | -54.9% | 1,576 | 3,497 | 2,153 | 3,639 | 1,043 | 1,610 | 1,886 | 2,602 | 516 | 918 | 3,396 | 5,347 | 2,672 | 1,419 | 1,519 | 416 | 435 | 872 | 1,068 | 786 | 499 |
Net PPE | 3.7% | 339 | 327 | 315 | 293 | 276 | 237 | 210 | 196 | 182 | 161 | 150 | 138 | 134 | 128 | 128 | 126 | 126 | 125 | 123 | 120 | 119 |
Goodwill | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 290 | 290 | 290 | 290 | 290 |
Liabilities | -0.6% | 64,784 | 65,145 | 62,475 | 65,526 | 62,378 | 64,144 | 61,096 | 55,565 | 51,020 | 48,261 | 45,035 | 39,684 | 33,048 | 30,112 | 28,804 | 26,159 | 23,805 | 23,401 | 22,464 | 21,072 | 20,496 |
Shareholder's Equity | 5.8% | 6,078 | 5,746 | 5,685 | 5,521 | 5,356 | 5,021 | 4,959 | 5,012 | 4,963 | 4,514 | 4,035 | 3,713 | 3,414 | 3,224 | 3,102 | 3,000 | 3,017 | 2,923 | 2,851 | 2,721 | 2,614 |
Retained Earnings | 2.5% | 4,215 | 4,111 | 3,937 | 3,764 | 3,664 | 3,413 | 3,191 | 2,973 | 2,773 | 2,567 | 2,367 | 2,169 | 2,001 | 1,833 | 1,722 | 1,662 | 1,680 | 1,582 | 1,514 | 1,399 | 1,283 |
Additional Paid-In Capital | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,384 | 1,377 | 1,371 | 1,374 | 1,368 | 1,372 | 1,391 | 1,418 |
Shares Outstanding | 0% | 108 | 108 | 108 | 108 | 107 | 107 | 107 | 106 | 103 | 102 | 102 | 101 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | 3,790 | - | - | - | 7,260 | - | - | - | 9,040 | - | - | - | 3,540 | - | - | - | 4,280 | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 |
Cashflow From Operations | 144.3% | 341 | -769 | 457 | -357 | 794 | 491 | 337 | 623 | 615 | -2,145 | -1,223 | 100 | 220 | 167 | 159 | 124 | 183 | 204 | 179 | 151 | 145 |
Share Based Compensation | 0% | 9.00 | 9.00 | 10.00 | 6.00 | 10.00 | 9.00 | 11.00 | 10.00 | 10.00 | 8.00 | 10.00 | 8.00 | 7.00 | 8.00 | 6.00 | 7.00 | 8.00 | 4.00 | 5.00 | 6.00 | 10.00 |
Cashflow From Investing | -2246.2% | -1,880 | 88.00 | -1,713 | 1,347 | 491 | -3,927 | -7,095 | -2,597 | -4,043 | -4,446 | -2,162 | -4,058 | -1,945 | -1,533 | -1,662 | -2,395 | -947 | -1,330 | -1,092 | -351 | -1,071 |
Cashflow From Financing | -114.9% | -382 | 2,559 | -2,742 | 3,586 | -1,851 | 3,161 | 6,042 | 4,061 | 3,027 | 4,114 | 1,436 | 6,634 | 2,979 | 1,267 | 2,606 | 2,253 | 327 | 931 | 1,196 | 487 | 725 |
Dividend Payments | 2.6% | 44.00 | 43.00 | 43.00 | 43.00 | 42.00 | 42.00 | 41.00 | 41.00 | 40.00 | 37.00 | 26.00 | 25.00 | 25.00 | 25.00 | 25.00 | 26.00 | 26.00 | 26.00 | - | - | - |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -0.10 | 9.00 | 63.00 | 39.00 | 44.00 | -33.96 | 38.00 | 36.00 |
CONSOLIDATED INCOME STATEMENTS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2021 | |
Interest income: | |||
Loans, including fees | $ 3,409.7 | $ 2,393.4 | $ 1,488.8 |
Investment securities | 459.9 | 265.6 | 158.6 |
Dividends and other | 165.7 | 32.8 | 11.3 |
Total interest income | 4,035.3 | 2,691.8 | 1,658.7 |
Interest expense: | |||
Deposits | 1,142.6 | 276.4 | 47.5 |
Qualifying debt | 37.9 | 35.0 | 33.1 |
Other borrowings | 515.9 | 164.1 | 29.3 |
Total interest expense | 1,696.4 | 475.5 | 109.9 |
Net interest income | 2,338.9 | 2,216.3 | 1,548.8 |
Provision for (recovery of) credit losses | (62.6) | (68.1) | 21.4 |
Net interest income after provision for credit losses | 2,276.3 | 2,148.2 | 1,570.2 |
Non-interest income: | |||
Net gain on loan origination and sale activities | 193.5 | 104.0 | 326.2 |
Net loan servicing revenue (expense) | 102.3 | 130.9 | (16.3) |
Service charges and fees | 76.3 | 27.0 | 28.3 |
Commercial banking related income | 23.7 | 21.5 | 17.4 |
Income from equity investments | 15.7 | 17.8 | 22.1 |
(Loss) gain on recovery from credit guarantees | (2.2) | 14.7 | 7.2 |
(Loss) gain on sales of investment securities | (40.8) | 6.8 | 8.3 |
Fair value loss adjustments, net | (116.0) | (28.6) | (1.3) |
Other income | 28.2 | 30.5 | 12.3 |
Non-interest income (loss) | 280.7 | 324.6 | 404.2 |
Non-interest expense: | |||
Salaries and employee benefits | 566.3 | 539.5 | 466.7 |
Legal, professional, and directors' fees | 107.2 | 99.9 | 58.6 |
Occupancy | 65.6 | 55.5 | 43.8 |
Deposit costs | 436.7 | 165.8 | 29.8 |
Data processing | 122.0 | 83.0 | 58.2 |
Loan servicing expenses | 58.8 | 55.5 | 53.5 |
Insurance | 190.4 | 31.1 | 23.0 |
Loan acquisition and origination expenses | 20.4 | 23.1 | 28.8 |
Business development and marketing | 21.8 | 22.1 | 13.5 |
Extinguishment of debt | (52.7) | 0.0 | 5.9 |
Acquisition and restructure expenses | 0.0 | 0.4 | 15.3 |
Other expense | 86.9 | 80.8 | 54.3 |
Total non-interest expense | 1,623.4 | 1,156.7 | 851.4 |
Income (loss) before provision for income taxes | 933.6 | 1,316.1 | 1,123.0 |
Income tax expense | 211.2 | 258.8 | 223.8 |
Net income | 722.4 | 1,057.3 | 899.2 |
Dividends on preferred stock | 12.8 | 12.8 | 3.5 |
Net income available to common stockholders | $ 709.6 | $ 1,044.5 | $ 895.7 |
Earnings per share: | |||
Earnings per share, basic (dollars per share) | $ 6.55 | $ 9.74 | $ 8.72 |
Earnings per share, diluted (dollars per share) | $ 6.54 | $ 9.70 | $ 8.67 |
Weighted average number of common shares outstanding: | |||
Weighted average number of common shares outstanding, basic (shares) | 108.3 | 107.2 | 102.7 |
Weighted average number of common shares outstanding, diluted (shares) | 108.5 | 107.6 | 103.3 |
Dividends declared per common share | |||
Dividends declared per common share (dollars per share) | $ 1.45 | $ 1.42 | $ 1.20 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2023 | Dec. 31, 2022 |
---|---|---|
Assets: | ||
Cash and due from banks | $ 276.0 | $ 259.0 |
Interest-bearing deposits in other financial institutions | 1,300.0 | 784.0 |
Cash and cash equivalents | 1,576.0 | 1,043.0 |
Fair value | 11,165.0 | 7,092.0 |
Amortized cost | 1,421.0 | 1,284.0 |
Investment securities - equity | 126.0 | 160.0 |
Investments in restricted stock, at cost | 281.0 | 224.0 |
Loans HFS | 1,402.0 | 1,184.0 |
Loans: | ||
Loans HFI, net of deferred fees and costs | 50,297.0 | 51,862.0 |
Less: allowance for credit losses | (336.7) | (309.7) |
Net loans held for investment | 49,960.0 | 51,552.0 |
Mortgage servicing rights | 1,124.0 | 1,148.0 |
Premises and equipment, net | 339.0 | 276.0 |
Operating lease right of use asset | 145.0 | 163.0 |
Bank owned life insurance | 186.0 | 182.0 |
Goodwill and intangible assets, net | 669.0 | 680.0 |
Deferred tax assets, net | 287.0 | 311.0 |
Investments in LIHTC and renewable energy | 573.0 | 624.0 |
Other assets | 1,608.0 | 1,811.0 |
Total assets | 70,862.0 | 67,734.0 |
Deposits: | ||
Non-interest-bearing demand | 14,520.0 | 19,691.0 |
Interest-bearing | 40,813.0 | 33,953.0 |
Total deposits | 55,333.0 | 53,644.0 |
Other borrowings | 7,230.0 | 6,299.0 |
Qualifying debt | 895.0 | 893.0 |
Operating lease liability | 179.0 | 185.0 |
Other liabilities | 1,147.0 | 1,357.0 |
Total liabilities | 64,784.0 | 62,378.0 |
Commitments and contingencies | ||
Stockholders’ equity: | ||
Preferred stock (par value $0.0001 and liquidation value per share of $25; 20,000,000 authorized; 12,000,000 depositary shares issued and outstanding at December 31, 2023 and 2022) | 295.0 | 295.0 |
Common stock (par value $0.0001; 200,000,000 authorized; 112,169,523 and 111,465,292 shares issued at December 31, 2023 and 2022, respectively) and additional paid in capital | 2,197.0 | 2,163.0 |
Treasury stock, at cost (2,703,218 and 2,550,766 shares at December 31, 2023 and 2022, respectively) | (116.0) | (105.0) |
Accumulated other comprehensive loss | (513.0) | (661.0) |
Retained earnings | 4,215.0 | 3,664.0 |
Total stockholders’ equity | 6,078.4 | 5,356.0 |
Total liabilities and stockholders’ equity | $ 70,862.0 | $ 67,734.0 |