Western Alliance Bancorporation (WAL)

WAL Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	2,557	2,473	1,974	1,114	1,086
Revenue Growth (YoY)	3.41%	25.24%	77.22%	2.57%	16.30%
Gross Profit	2,557	2,473	1,974	1,114	1,086
Selling, General & Admin	882.9	800	640.8	425.2	390.7
Other Operating Expenses	793.2	356.7	204.7	66.4	91.3
Operating Expenses	1,676	1,157	845.5	491.6	482
Operating Income	880.9	1,316	1,129	622.5	604.2
Other Expense / Income	-52.7	-	5.9	-	-
Pretax Income	933.6	1,316	1,123	622.5	604.2
Income Tax	211.2	258.8	223.8	115.9	105
Net Income	722.4	1,057	899.2	506.6	499.2
Preferred Dividends	12.8	12.8	3.5	0	0
Net Income Common	709.6	1,045	895.7	506.6	499.2
Net Income Growth	-32.06%	16.61%	76.81%	1.48%	14.55%
Shares Outstanding (Basic)	108	107	103	100	103
Shares Outstanding (Diluted)	109	108	103	101	103
Shares Change	0.84%	4.16%	2.79%	-2.52%	-2.18%
EPS (Basic)	6.55	9.74	8.72	5.06	4.86
EPS (Diluted)	6.54	9.70	8.67	5.04	4.84
EPS Growth	-32.58%	11.88%	72.02%	4.13%	16.91%
Free Cash Flow	-442.9	2,104	-2,723.4	643.4	684
Free Cash Flow Per Share	-4.09	19.63	-26.52	6.42	6.66
Dividend Per Share	1.450	1.420	1.200	1.000	0.500
Dividend Growth	2.11%	18.33%	20.00%	100.00%	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	34.45%	53.22%	57.18%	55.87%	55.63%
Profit Margin	27.75%	42.24%	45.37%	45.47%	45.96%
Free Cash Flow Margin	-17.32%	85.10%	-137.94%	57.75%	62.97%
Effective Tax Rate	22.62%	19.66%	19.93%	18.62%	17.38%
EBITDA	1,020	1,391	1,173	657.1	633.2
EBITDA Margin	39.89%	56.24%	59.41%	58.98%	58.29%
Depreciation & Amortization	86.5	74.6	50	34.6	29
EBIT	933.6	1,316	1,123	622.5	604.2
EBIT Margin	36.51%	53.22%	56.88%	55.87%	55.63%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).