Western Alliance Bancorporation (WAL)

Last Closing Price: 76.79 (2023-02-01)

Company Description

Western Alliance Bancorporation is the parent company of BankWest of Nevada, Alliance Bank of Arizona, Torrey Pines Bank, Miller/Russell & Associates, and Premier Trust. These dynamic companies provide a broad array of banking, leasing, trust, investment, and mortgage services to clients in Nevada, Arizona and California. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions.

Financials, Fundamental Metrics & Ratios
Revenue (Most Recent Fiscal Year) $3.02B
Net Income (Most Recent Fiscal Year) $1.06B
PE Ratio (Current Year Earnings Estimate) 7.30
PE Ratio (Trailing 12 Months) 7.92
PEG Ratio (Long Term Growth Estimate) 0.71
Price to Sales Ratio (Trailing 12 Months) 2.77
Price to Book Ratio (Most Recent Quarterly Book Value per Share) 1.77
Price to Cash Ratio (Most Recent Annual Cash Flow per Share) 8.09
Pre-Tax Margin (Trailing 12 Months) 47.42%
Net Margin (Trailing 12 Months) 34.94%
Return on Equity (Trailing 12 Months) 22.42%
Return on Assets (Trailing 12 Months) 1.62%
Current Ratio (Most Recent Fiscal Quarter) 1.00
Quick Ratio (Most Recent Fiscal Quarter) 0.96
Debt to Common Equity (Most Recent Fiscal Quarter) 1.53
Inventory Turnover (Trailing 12 Months) 0.03
Book Value per Share (Most Recent Fiscal Quarter) $44.80
Earnings per Share (Most Recent Fiscal Quarter) $2.67
Earnings per Share (Most Recent Fiscal Year) $9.70
Diluted Earnings per Share (Trailing 12 Months) $9.70
Stock
Exchange NYSE
Sector Financial Services
Industry Banks - Regional
Common Shares Outstanding 108.91M
Free Float 106.11M
Market Capitalization $8.36B
Average Volume (Last 20 Days) 1.00M
Beta (Past 60 Months) 1.43
Percentage Held By Insiders (Latest Annual Proxy Report) 2.57%
Percentage Held By Institutions (Latest 13F Reports) 84.68%
Annual Dividend (Based on Last Quarter) $1.44
Dividend Yield (Based on Last Quarter) 1.88%