Last 7 days
16.6%
Last 30 days
-53.9%
Last 90 days
-40.5%
Trailing 12 Months
-60.0%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
BNS | 56.4B | 40.0B | -7.13% | -31.27% | 5.3 | 1.79 | 34.99% | -10.60% |
MTB | 20.6B | 6.2B | -24.47% | -35.33% | 14.94 | 3.3 | 58.61% | -25.85% |
CFG | 15.0B | 7.1B | -27.24% | -35.42% | 7.24 | 2.13 | 45.54% | -10.61% |
MID-CAP | ||||||||
EWBC | 7.9B | 2.3B | -27.45% | -31.57% | 6.96 | 3.38 | 43.40% | 29.22% |
CBSH | 6.9B | 999.0M | -13.03% | -20.31% | 14.19 | 6.94 | 17.76% | -7.98% |
SIVB | 6.3B | 5.7B | -67.21% | -80.32% | 3.9 | 1.11 | 72.48% | -22.38% |
PB | 5.7B | 1.1B | -15.87% | -11.52% | 10.86 | 5.2 | 4.58% | 1.01% |
FFIN | 4.6B | 432.9M | -13.68% | -29.01% | 19.5 | 10.56 | 15.00% | 3.04% |
BPOP | 3.9B | 2.5B | -23.36% | -35.34% | 3.56 | 1.59 | 16.17% | 17.94% |
WAL | 3.7B | 2.7B | -53.87% | -59.97% | 3.46 | 1.36 | 62.28% | 17.58% |
SMALL-CAP | ||||||||
BANR | 1.9B | 450.9M | -14.93% | -8.52% | 9.52 | 4.12 | 1.16% | -2.82% |
SBCF | 1.8B | 380.5M | -19.90% | -31.74% | 16.43 | 4.6 | 51.31% | -14.39% |
HTLF | 1.7B | 674.7M | -21.41% | -20.26% | 7.78 | 2.45 | 14.59% | -3.52% |
LKFN | 1.6B | 239.6M | -10.34% | -14.83% | 15.62 | 6.77 | 23.99% | 8.44% |
Income Statement (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 17.7% | 2,692 | 2,287 | 1,990 | 1,809 | 1,659 |
EBITDA | 7.6% | 3,585 | 3,333 | 3,111 | 2,907 | 2,706 |
EBITDA Margin | -8.6% | 1.33* | 1.46* | 1.56* | 1.61* | 1.63* |
Earnings Before Taxes | 4.3% | 1,316 | 1,261 | 1,234 | 1,187 | 1,123 |
EBT Margin | -11.4% | 0.49* | 0.55* | 0.62* | 0.66* | 0.68* |
Interest Expenses | 9.3% | 2,216 | 2,027 | 1,836 | 1,681 | 1,549 |
Net Income | 4.7% | 1,057 | 1,010 | 983 | 947 | 899 |
Net Income Margin | -11.1% | 0.39* | 0.44* | 0.49* | 0.52* | 0.54* |
Free Cahsflow | 368.6% | 2,245 | -835 | -1,652 | -3,377 | -2,654 |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | -2.1% | 67,734 | 69,165 | 66,055 | 60,576 | 55,983 |
Cash Equivalents | -35.2% | 1,043 | 1,610 | 1,886 | 2,602 | 516 |
Net PPE | 16.5% | 276 | 237 | 210 | 196 | 182 |
Liabilities | -2.8% | 62,378 | 64,144 | 61,096 | 55,565 | 51,020 |
. Short Term Borrowings | 28.1% | 5,096 | 3,979 | 70.00 | 727 | - |
Long Term Debt | -0.6% | 1,223 | 1,231 | 763 | 775 | - |
Shareholder's Equity | 6.7% | 5,356 | 5,021 | 4,959 | 5,012 | 4,963 |
Retained Earnings | 7.4% | 3,664 | 3,413 | 3,191 | 2,973 | 2,773 |
Shares Outstanding | 0.2% | 108 | 107 | 106 | - | - |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | 368.6% | 2,245 | -835 | -2,490 | -3,377 | -2,654 |
Share Based Compensation | 0% | 40.00 | 40.00 | 39.00 | 37.00 | 35.00 |
Cashflow From Investing | -237.1% | -13,130 | 9,577 | 1,203 | -8,055 | -14,711 |
Cashflow From Financing | -29.9% | 11,412 | 16,291 | 17,244 | 12,638 | 15,211 |
Dividend Payments | 1.5% | 166 | 164 | 158 | 143 | 128 |
Buy Backs | NaN% | 0.00 | 0.00 | - | - | - |
70%
58.1%
33.5%
Y-axis is the maximum loss one would have experienced if Western Alliance Bancorp was unfortunately bought at previous high price.
10.2%
2.3%
-8.6%
5.4%
FIve years rolling returns for Western Alliance Bancorp.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-24 | PALISADE CAPITAL MANAGEMENT, LP | reduced | -1.95 | -2,770,370 | 22,038,600 | 0.59% |
2023-03-23 | MetLife Investment Management, LLC | reduced | -2.04 | -35,913 | 283,386 | -% |
2023-03-17 | American Portfolios Advisors | reduced | -5.96 | -1,326 | 9,335 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | reduced | -36.03 | -20,042,400 | 27,624,600 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | added | 7.45 | -10,000 | 335,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -18.78 | -4,331,800 | 12,061,200 | 0.02% |
2023-02-24 | SRS Capital Advisors, Inc. | sold off | -100 | -1,000 | - | -% |
2023-02-22 | CVA Family Office, LLC | new | - | 893 | 893 | -% |
2023-02-22 | TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY | added | 1.92 | -166,000 | 2,013,000 | 0.02% |
2023-02-21 | MACQUARIE GROUP LTD | reduced | -15.49 | -40,042,000 | 130,493,000 | 0.15% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Mar 14, 2023 | citadel advisors llc | 5.3% | 6 | SC 13G | |
Feb 14, 2023 | price t rowe associates inc /md/ | 5.8% | 6,360,932 | SC 13G/A | |
Feb 14, 2023 | t. rowe price investment management, inc. | 5.6% | 6,058,243 | SC 13G | |
Feb 13, 2023 | capital international investors | 7.1% | 7,707,976 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 9.27% | 10,092,749 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 13.4% | 14,063,679 | SC 13G/A | |
Feb 11, 2022 | capital international investors | 5.8% | 6,024,657 | SC 13G | |
Feb 11, 2022 | capital international investors | 5.8% | 6,024,657 | SC 13G | |
Feb 04, 2022 | wellington management group llp | 3.93% | 4,090,884 | SC 13G/A | |
Apr 12, 2021 | price t rowe associates inc /md/ | 11.3% | 11,474,679 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | - - | - - | - - | - - | - - |
Current Inflation | 166.00 387.52% | 241.77 610.04% | 383.24 1025.52% | 516.88 1418.00% | 608.33 1686.58% |
Very High Inflation | - - | - - | - - | - - | - - |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 15, 2023 | 4 | Insider Trading | |
Mar 14, 2023 | SC 13G | Major Ownership Report | |
Mar 13, 2023 | 8-K | Current Report | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 28, 2023 | 4 | Insider Trading | |
Feb 23, 2023 | 10-K | Annual Report | |
Feb 21, 2023 | 4 | Insider Trading | |
Feb 21, 2023 | 4 | Insider Trading | |
Feb 21, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-13 | JOHNSON MARIANNE BOYD | bought | 63,830 | 25.79 | 2,475 | - |
2023-02-25 | Curley Stephen Russell | sold (taxes) | -55,512 | 73.82 | -752 | chief banking ofc.-nbl |
2023-02-25 | Ardrey J. Kelly Jr. | sold (taxes) | -10,851 | 73.82 | -147 | chief accounting officer |
2023-02-25 | Nachlas Emily | sold (taxes) | -21,186 | 73.82 | -287 | chief risk officer |
2023-02-21 | Bruckner Tim R | sold | -128,030 | 73.16 | -1,750 | cbo for regional banking |
2023-02-16 | Vecchione Kenneth | acquired | - | - | 38,147 | president and ceo |
2023-02-16 | GIBBONS DALE | sold (taxes) | -255,468 | 73.92 | -3,456 | vice chairman and cfo |
2023-02-16 | Vecchione Kenneth | sold (taxes) | -1,183,020 | 73.92 | -16,004 | president and ceo |
2023-02-16 | Boothe Timothy W | sold (taxes) | -131,282 | 73.92 | -1,776 | chief operating officer |
2023-02-16 | Vecchione Kenneth | acquired | - | - | 102 | president and ceo |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Millions, $ in Millions | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 31, 2021 | Dec. 31, 2020 | |
Interest income: | |||
Loans, including fees | $ 2,393.4 | $ 1,488.8 | $ 1,144.3 |
Investment securities | 265.6 | 158.6 | 107.8 |
Dividends and other | 32.8 | 11.3 | 9.7 |
Total interest income | 2,691.8 | 1,658.7 | 1,261.8 |
Interest expense: | |||
Deposits | 276.4 | 47.5 | 70.4 |
Qualifying debt | 35.0 | 33.1 | 23.9 |
Other borrowings | 164.1 | 29.3 | 0.6 |
Total interest expense | 475.5 | 109.9 | 94.9 |
Net interest income | 2,216.3 | 1,548.8 | 1,166.9 |
Provision for (recovery of) credit losses | (68.1) | (21.4) | (123.6) |
Net interest income after provision for (recovery of) credit losses | 2,148.2 | 1,570.2 | 1,043.3 |
Non-interest income: | |||
Service charges and fees | 27.0 | 28.3 | 23.3 |
Income from equity investments | 17.8 | 22.1 | 12.7 |
Fair value (loss) gain on assets measured at fair value, net | (28.6) | (1.3) | 3.8 |
Other income | 30.5 | 12.3 | 16.1 |
Total non-interest income | 324.6 | 404.2 | 70.8 |
Non-interest expense: | |||
Salaries and employee benefits | 539.5 | 466.7 | 303.6 |
Legal, professional, and directors' fees | 99.9 | 58.6 | 42.2 |
Occupancy | 55.5 | 43.8 | 34.1 |
Deposit costs | 165.8 | 29.8 | 18.5 |
Data processing | 83.0 | 58.2 | 35.7 |
Insurance | 31.1 | 23.0 | 13.3 |
Gain (Loss) on Extinguishment of Debt | 0.0 | 5.9 | 0.0 |
Net gain on sales and valuations of repossessed and other assets | (0.7) | (3.5) | (1.5) |
Other expense | 81.5 | 57.8 | 36.1 |
Total non-interest expense | 1,156.7 | 851.4 | 491.6 |
Income before provision for income taxes | 1,316.1 | 1,123.0 | 622.5 |
Income tax expense | 258.8 | 223.8 | 115.9 |
Net income | 1,057.3 | 899.2 | 506.6 |
Preferred Stock Dividends, Income Statement Impact | 12.8 | 3.5 | 0.0 |
Net income available to common stockholders | $ 1,044.5 | $ 895.7 | $ 506.6 |
Earnings per share: | |||
Basic | $ 9.74 | $ 8.72 | $ 5.06 |
Diluted | $ 9.70 | $ 8.67 | $ 5.04 |
Weighted average number of common shares outstanding: | |||
Basic | 107.2 | 102.7 | 100.2 |
Diluted | 107.6 | 103.3 | 100.5 |
Net gain on loan origination and sale activities | $ 104.0 | $ 326.2 | $ 0.0 |
Commercial banking related income | 21.5 | 17.4 | 14.7 |
Gain on sales of investment securities | 6.8 | 8.3 | 0.2 |
Gain on recovery from credit guarantees | 14.7 | 7.2 | 0.0 |
Loan servicing fees, net | 130.9 | (16.3) | 0.0 |
Expense Related to Distribution or Servicing and Underwriting Fees | 55.5 | 53.5 | 0.0 |
Loan Processing Fee | 23.1 | 28.8 | 0.0 |
Acquisition and restructure expenses | 0.4 | 15.3 | 0.0 |
Business Development | $ 22.1 | $ 13.5 | $ 9.6 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Dec. 31, 2022 | Dec. 31, 2021 |
---|---|---|
Assets: | ||
Cash and due from banks | $ 259.0 | $ 166.0 |
Interest-bearing deposits in other financial institutions | 784.0 | 350.0 |
Cash and cash equivalents | 1,043.0 | 516.0 |
Debt Securities, Available-for-sale | 7,092.0 | 6,189.0 |
Investment securities - HTM, at amortized cost; fair value of $516,261 at December 31, 2019 and $298,648 at December 31, 2018 | 1,289.0 | 1,107.0 |
Debt Securities, Held-to-maturity, Allowance for Credit Loss | (5.0) | (5.0) |
Debt Securities, Held-to-maturity, Net | 1,284.0 | 1,102.0 |
Investment securities - equity | 160.0 | 159.0 |
Investments in restricted stock, at cost | 224.0 | 92.0 |
Financing Receivable, Held-for-Sale | 1,184.0 | 5,635.0 |
Loans: | ||
Loans and Leases Receivable, Net of Deferred Income | 51,862.0 | 39,075.0 |
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest | 309.7 | 252.5 |
Loans and Leases Receivable, Net Amount, Total | 51,552.0 | 38,823.0 |
Premises and equipment, net | 276.0 | 182.0 |
Operating lease right of use asset | 163.0 | 133.0 |
Bank owned life insurance | 182.0 | 180.0 |
Goodwill and intangible assets, net | 680.0 | 635.0 |
Deferred tax assets, net | 311.0 | 21.0 |
Investments in LIHTC and renewable energy | 624.0 | 631.0 |
Other assets | 1,811.0 | 987.0 |
Total assets | 67,734.0 | 55,983.0 |
Deposits: | ||
Non-interest-bearing demand | 19,691.0 | 21,353.0 |
Interest-bearing | 33,953.0 | 26,259.0 |
Total deposits | 53,644.0 | 47,612.0 |
Customer repurchase agreements | 27.0 | 17.0 |
Other borrowings | 6,299.0 | 1,502.0 |
Qualifying debt | 893.0 | 896.0 |
Operating lease liability | 185.0 | 143.0 |
Other liabilities | 1,357.0 | 867.0 |
Total liabilities | 62,378.0 | 51,020.0 |
Commitments and contingencies (Note 18) | ||
Stockholders’ equity: | ||
Common Stocks, Including Additional Paid in Capital | 2,163.0 | 1,966.0 |
Treasury stock, at cost (2,003,873 shares at December 31, 2019 and 1,793,231 shares at December 31, 2018) | (105.0) | (87.0) |
Accumulated other comprehensive (loss) income | (661.0) | 15.7 |
Retained earnings | 3,664.0 | 2,773.0 |
Total stockholders’ equity | 5,356.0 | 4,962.6 |
Total liabilities and stockholders’ equity | 67,734.0 | 55,983.0 |
Debt Securities, Available-for-sale, Amortized Cost | 7,973.0 | 6,167.0 |
Debt Securities, Held-to-maturity, Fair Value | $ 1,112.0 | $ 1,146.0 |
Common stock, par value | $ 0.0001 | $ 0.0001 |
Common stock, shares authorized | 200,000,000 | 200,000,000 |
Common Stock, Shares, Issued | 111,465,292 | 108,981,341 |
Treasury Stock, Shares | 2,550,766 | 2,350,021 |
Servicing Asset | $ 1,148.0 | $ 698.0 |
Preferred Stock, Value, Issued | $ 295.0 | $ 295.0 |
Preferred Stock, Liquidation Preference Per Share | $ 25 | $ 25 |
Preferred Stock, Shares Authorized | 20,000,000 | 20,000,000 |
Preferred Stock, Shares Outstanding | 12,000,000 | 12,000,000 |
Preferred Stock, Par or Stated Value Per Share | $ 0.0001 | $ 0.0001 |