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.
Type
Public
HQ
Phoenix, US
Founded
2014
Size (employees)
1,557 (est)+8%
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 Metrics

Western Alliance Bancorporation Financial Metrics

Revenue (2016)

$700.5 m

Revenue growth (2015-16), %

33%

Gross profit

$657.2 m

Gross profit margin (2016), %

94%

Net income (2016)

$259.8 m

Market capitalization (21-Mar-2017)

$5.2 b

Closing share price (21-Mar-2017)

$50.8

Cash (31-Dec-2016)

$284.5 m
Western Alliance Bancorporation's current market capitalization is $5.2 b.
Western Alliance Bancorporation's revenue was reported to be $700.5 m in FY, 2016 which is a 33.4% increase from the previous period.
FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$362.7 m$416.4 m$525.1 m$700.5 m

Revenue growth, %

15%26%33%

Cost of goods sold

$29.8 m$31.5 m$32.6 m$43.3 m

Gross profit

$332.9 m$384.9 m$492.6 m$657.2 m

Gross profit Margin, %

92%92%94%94%

Operating expense total

$196.3 m$208.1 m$260.6 m$330.9 m

EBIT

$140.6 m$197.5 m$258.5 m$657.2 m

EBIT margin, %

39%47%49%94%

Income tax expense

$16.8 m$25.9 m$29.8 m$48.4 m$64.3 m$101.4 m

Net Income

$114.5 m$148 m$194.2 m$259.8 m
FY, 2013FY, 2014FY, 2015FY, 2016

Cash

$305.5 m$164.4 m$224.6 m$284.5 m

Accounts Receivable

Inventories

PP&E

$120.2 m$113.8 m$118.5 m$119.8 m

Goodwill

$23.2 m$23.2 m$289.6 m$290 m

Total Assets

$9.3 b$10.6 b$14.3 b$17.2 b

Accounts Payable

Additional Paid-in Capital

$797.1 m$828.3 m$1.3 b$1.4 b

Retained Earnings

($61.4 m)$85.5 m$22.3 m($4.7 m)

Total Equity

$1.6 b$1.9 b

Financial Leverage

9 x9.1 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$114.5 m$148 m$194.2 m$259.8 m

Depreciation and Amortization

$9.2 m$6.2 m$8.5 m$12.5 m

Accounts Receivable

Inventories

Accounts Payable

Cash From Operating Activities

$165 m$163.3 m$212.8 m$280.6 m

Purchases of PP&E

($10 m)

Cash From Investing Activities

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

Interest Paid

$28.6 m$26.5 m$28.8 m$41.6 m

Income Taxes Paid

$19.1 m$35.6 m$54.6 m$61.3 m

Western Alliance Bancorporation Market Value History

Western Alliance Bancorporation Company Life

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