Western Alliance Bancorporation

With more than $16 billion in assets, top-performing Western Alliance Bancorporation (NYSE:WAL) is one of the fastest-growing bank holding companies in the U.S. and recognized as #10 on the Forbes 2016 “Best Banks in America” list. Its primary subsidiary, Western Alliance Bank, is the go-to bank for business and succeeds with local teams of experienced bankers who deliver superior service and a full spectrum of deposit, lending, treasury management, international banking and online banking products and services. Western Alliance Bank operates full-service banking divisions: Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank. The bank also serves business customers through a robust national platform of specialized financial services including Corporate Finance, Equity Fund Resources, Hotel Franchise Finance, Life Sciences Group, Mortgage Warehouse Lending, Public and Nonprofit Finance, Renewable Resource Group, Resort Finance, Technology Finance and Alliance Association Bank.
Company Growth (employees)
Type
Public
HQ
Phoenix, US
Founded
2014
Size (employees)
1,557 (est)
Western Alliance Bancorporation was founded in 2014 and is headquartered in Phoenix, US

Western Alliance Bancorporation Office Locations

Western Alliance Bancorporation has an office in Phoenix
Phoenix, US (HQ)
1400 1 E Washington St

Western Alliance Bancorporation Data and Metrics

Western Alliance Bancorporation Financial Metrics

Western Alliance Bancorporation's revenue was reported to be $202.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

202.8 m

Gross profit (Q1, 2017)

189.9 m

Gross profit margin (Q1, 2017), %

94%

Net income (Q1, 2017)

73.4 m

EBIT (Q1, 2017)

179.3 m

Market capitalization (17-Aug-2017)

4.9 b

Cash (31-Mar-2017)

647 m
Western Alliance Bancorporation's current market capitalization is $4.9 b.
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

362.7 m416.4 m525.1 m700.5 m

Revenue growth, %

15%26%33%

Cost of goods sold

29.8 m31.5 m32.6 m43.3 m

Gross profit

332.9 m384.9 m492.6 m657.2 m

Gross profit Margin, %

92%92%94%94%

Sales and marketing expense

188.8 m

R&D expense

18.7 m

Operating expense total

196.3 m208.1 m260.6 m330.9 m

EBIT

140.6 m197.5 m258.5 m657.2 m

EBIT margin, %

39%47%49%94%

Income tax expense

16.8 m25.9 m29.8 m48.4 m64.3 m101.4 m

Net Income

114.5 m148 m194.2 m259.8 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

107.7 m111.8 m116.9 m160.1 m167.4 m182.6 m195.4 m202.8 m

Cost of goods sold

8.1 m7.5 m7.9 m7.9 m8.8 m8.5 m10.4 m12.2 m13 m

Gross profit

99.7 m104.3 m109 m151.2 m158.8 m172.2 m183.2 m189.9 m

Gross profit Margin, %

93%93%93%94%95%94%94%94%

Sales and marketing expense

506 k378 k1.1 m1.3 m1.1 m902 k1.1 m678 k51.6 m

R&D expense

2.4 m2.1 m3.1 m2.7 m4.3 m4.6 m5.9 m6.1 m5.3 m

Operating expense total

2.9 m2.5 m4.2 m4 m5.4 m5.5 m7 m6.8 m56.9 m

EBIT

93.9 m98.1 m103.1 m108.7 m137.4 m145.7 m163.7 m172.5 m179.3 m

EBIT margin, %

87%88%88%86%87%90%88%88%

Pre tax profit

80.9 m87.9 m96.2 m97.8 m

Income tax expense

10.7 m12.9 m14.1 m10.6 m19.2 m19.5 m26.3 m29.2 m24.5 m

Net Income

66.6 m107.5 m40.2 m74.9 m134 m(61.3 m)(122.9 m)(190 m)73.4 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

305.5 m164.4 m224.6 m284.5 m

Accounts Receivable

9.6 m

PP&E

120.2 m113.8 m118.5 m119.8 m

Goodwill

23.2 m23.2 m289.6 m290 m

Total Assets

9.3 b10.6 b14.3 b17.2 b

Accounts Payable

14.5 b

Total Liabilities

15.3 b

Additional Paid-in Capital

797.1 m828.3 m1.3 b1.4 b

Retained Earnings

(61.4 m)85.5 m22.3 m(4.7 m)

Total Equity

1.6 b1.9 b

Financial Leverage

9 x9.1 x
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

379.3 m258.8 m492.4 m758.3 m325.4 m1 b696.2 m356.1 m647 m

PP&E

109.6 m112.1 m114.3 m116 m121.7 m119.8 m120.5 m121.3 m120 m

Goodwill

23.2 m23.2 m23.2 m282.9 m289.3 m288.9 m290 m290 m289.9 m

Total Assets

10 b10.3 b11.3 b13.5 b14 b15.2 b16.7 b17 b18.1 b

Accounts Payable

8.5 b8.7 b9.7 b11.4 b11.6 b13.1 b14.2 b14.4 b15.4 b

Additional Paid-in Capital

803.4 m807.3 m831.9 m1.3 b1.3 b1.3 b1.4 b1.4 b1.4 b

Retained Earnings

4.8 m45.4 m125.5 m15.3 m20.6 m33.3 m385.6 m452.6 m595.8 m

Total Equity

1.5 b1.6 b1.7 b1.8 b1.9 b2 b

Financial Leverage

8.9 x8.8 x9.2 x9.3 x9.2 x9.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

114.5 m148 m194.2 m259.8 m

Depreciation and Amortization

9.2 m6.2 m8.5 m12.5 m

Cash From Operating Activities

165 m163.3 m212.8 m280.6 m

Purchases of PP&E

(10 m)

Cash From Investing Activities

(1.2 b)(1.4 b)(1.4 b)(2.9 b)

Cash From Financing Activities

1.1 b1.1 b1.2 b2.7 b

Interest Paid

28.6 m26.5 m28.8 m41.6 m

Income Taxes Paid

19.1 m35.6 m54.6 m61.3 m
USDQ2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

66.6 m107.5 m40.2 m74.9 m134 m(61.3 m)(122.9 m)(190 m)73.4 m

Depreciation and Amortization

3.2 m4.3 m2 m3.9 m6 m2.6 m6.1 m9.3 m3.2 m

Cash From Operating Activities

60.5 m107.1 m61.1 m77 m137.6 m71.3 m115.1 m214.5 m88 m

Cash From Investing Activities

(601.8 m)(990.3 m)(347 m)(95.5 m)(977.2 m)(155.5 m)(1.9 b)(2.6 b)(435.5 m)

Cash From Financing Activities

615 m836.4 m613.9 m612.5 m1 b890.5 m2.2 b2.5 b710 m

Interest Paid

10.4 m26.7 m11.5 m13.9 m25.6 m13.9 m18.2 m35.1 m17.9 m

Income Taxes Paid

17.2 m21.7 m1.7 m25.8 m21 m(23 k)
USDY, 2017

Revenue/Employee

130.3 k

Financial Leverage

9.2 x

Western Alliance Bancorporation Market Value History

Traffic Overview of Western Alliance Bancorporation

Western Alliance Bancorporation Company Life and Culture

You may also be interested in