Western Alliance Bancorporation (WAL)

WAL Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	2,592	1,576	1,043	516	2,672	270.5
Investment Securities	9,618	9,666	6,124	4,511	2,795	1,744
Trading Asset Securities	283	219	34	22	3.6	1.9
Mortgage-Backed Securities	7,324	3,619	3,036	3,570	3,048	2,636
Total Investments	17,225	13,504	9,194	8,103	5,847	4,381
Gross Loans	53,626	50,582	52,198	39,346	27,154	21,169
Allowance for Loan Losses	-357	-337	-310	-252	-278.9	-167.8
Other Adjustments to Gross Loans	-280	-285	-336	-271	-101.4	-67.3
Net Loans	52,989	49,960	51,552	38,823	26,774	20,934
Property, Plant & Equipment	481	484	439	315	206.6	198.4
Goodwill	-	527	527	491	289.9	289.9
Other Intangible Assets	661	142	153	144	8.6	7.7
Loans Held for Sale	2,327	1,402	1,184	5,635	-	21.8
Accrued Interest Receivable	367	370	357	228	166.1	108.7
Other Receivables	41	41	39	-	-	1.6
Restricted Cash	-	-	-	-	-	164.1
Other Current Assets	48	-	-	-	-	-
Long-Term Deferred Tax Assets	254	287	311	21	31.3	18
Other Real Estate Owned & Foreclosed	8	8	11	12	1.4	13.9
Other Long-Term Assets	3,087	2,372	2,924	1,695	464.3	412.2
Total Assets	80,080	70,862	67,734	55,983	36,461	26,822
Interest Bearing Deposits	41,508	39,335	32,852	25,736	17,865	12,018
Institutional Deposits	1,567	1,478	1,101	523	602	2,241
Non-Interest Bearing Deposits	24,965	14,520	19,691	21,353	13,463	8,538
Total Deposits	68,040	55,333	53,644	47,612	31,931	22,797
Short-Term Borrowings	2,589	6,808	5,015	799	107.9	72.3
Current Portion of Leases	-	31	-	-	-	-
Accrued Interest Payable	-	151	35	9	11	24.7
Long-Term Debt	1,247	1,264	2,124	1,590	469.8	319.2
Long-Term Leases	159	148	185	143	79.9	78.1
Trust Preferred Securities	79	77	76	81	78.9	74.4
Other Long-Term Liabilities	1,289	972	1,299	786	369.5	440
Total Liabilities	73,403	64,784	62,378	51,020	33,048	23,805
Preferred Stock, Non-Redeemable	295	295	295	295	-	-
Total Preferred Equity	295	295	295	295	-	-
Common Stock	2,235	2,197	2,163	1,966	1,391	1,374
Retained Earnings	4,654	4,215	3,664	2,773	2,001	1,680
Treasury Stock	-125	-116	-105	-87	-71.1	-62.7
Comprehensive Income & Other	-382	-513	-661	16	92.3	25
Total Common Equity	6,382	5,783	5,061	4,668	3,414	3,017
Shareholders' Equity	6,677	6,078	5,356	4,963	3,414	3,017
Total Liabilities & Equity	80,080	70,862	67,734	55,983	36,461	26,822
Total Debt	4,074	8,328	7,400	2,613	736.5	544
Net Cash (Debt)	-1,199	-6,533	-6,323	-2,075	1,939	-271.6
Net Cash Per Share	-10.99	-60.21	-58.76	-20.09	19.29	-2.63
Filing Date Shares Outstanding	109.07	109.08	108.71	106.1	100.14	101.52
Total Common Shares Outstanding	109.07	108.37	108.01	105.73	99.88	101.56
Book Value Per Share	58.51	53.37	46.85	44.15	34.17	29.70
Tangible Book Value	5,721	5,114	4,381	4,033	3,115	2,719
Tangible Book Value Per Share	52.45	47.19	40.56	38.14	31.19	26.77

Source: S&P Capital IQ. Banks template. Financial Sources.