Western Alliance (WAL) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
3.2B
Net Income
787.7M
24.91%
EPS (Diluted)
$7.09
Balance Sheet Metrics
Total Assets
80.9B
Total Liabilities
74.2B
Shareholders Equity
6.7B
Debt to Equity
11.07
Cash Flow Metrics
Operating Cash Flow
-2.6B
Free Cash Flow
-2.8B
Revenue & Profitability Trend
Western Alliance Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 3.2B | 2.1B | 2.3B | 1.9B | 1.2B |
| Cost of Goods Sold | - | - | - | - | - |
| Gross Profit | - | - | - | - | - |
| Operating Expenses | 663.8M | 778.5M | 592.7M | 503.2M | 326.5M |
| Operating Income | - | - | - | - | - |
| Pre-tax Income | 991.2M | 933.6M | 1.3B | 1.1B | 622.5M |
| Income Tax | 203.5M | 211.2M | 258.8M | 223.8M | 115.9M |
| Net Income | 787.7M | 722.4M | 1.1B | 899.2M | 506.6M |
| EPS (Diluted) | $7.09 | $6.54 | $9.70 | $8.67 | $5.04 |
Income Statement Trend
Western Alliance Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | - | - | - | - | - |
| Non-Current Assets | - | - | - | - | - |
| Total Assets | 80.9B | - | - | - | - |
| Liabilities | |||||
| Current Liabilities | - | - | - | - | - |
| Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 74.2B | - | - | - | - |
| Equity | |||||
| Total Shareholders Equity | 6.7B | 6.1B | 5.4B | 5.0B | 3.4B |
Balance Sheet Composition
Western Alliance Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 787.7M | 722.4M | 1.1B | 899.2M | 506.6M |
| Operating Cash Flow | -2.6B | -211.3M | 2.2B | -2.6B | 569.6M |
| Investing Activities | |||||
| Capital Expenditures | -83.8M | -114.3M | -141.0M | -69.4M | -26.8M |
| Investing Cash Flow | -3.1B | -4.1B | -2.3B | -3.2B | -1.6B |
| Financing Activities | |||||
| Dividends Paid | -176.8M | -171.5M | -166.2M | -127.6M | -101.3M |
| Financing Cash Flow | 226.5M | 1.4B | 5.4B | -470.9M | -29.6M |
| Free Cash Flow | -2.8B | -442.9M | 2.1B | -2.7B | 643.4M |
Cash Flow Trend
Western Alliance Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
10.36
Forward P/E
8.39
Price to Book
1.24
Price to Sales
2.73
PEG Ratio
8.39
Profitability Ratios
Profit Margin
26.54%
Operating Margin
38.07%
Return on Equity
12.09%
Return on Assets
1.01%
Financial Health
Debt to Equity
0.72
Beta
1.28
Per Share Data
EPS (TTM)
$7.28
Book Value per Share
$60.78
Revenue per Share
$28.06
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| wal | 8.3B | 10.36 | 1.24 | 12.09% | 26.54% | 0.72 |
| PNC Financial | 70.3B | 12.56 | 1.39 | 11.33% | 28.75% | 1.12 |
| U.S. Bancorp | 69.7B | 11.08 | 1.31 | 11.53% | 26.38% | 1.34 |
| SouthState | 9.0B | 13.91 | 1.04 | 7.18% | 27.82% | 0.30 |
| Webster Financial | 9.0B | 12.09 | 1.01 | 8.68% | 32.85% | 0.45 |
| Commerce Bancshares | 8.1B | 15.07 | 2.34 | 17.01% | 33.17% | 0.70 |
Financial data is updated regularly. All figures are in the company's reporting currency.