Western Alliance Bancorporation (WAL)

NYSE: WAL · IEX Real-Time Price · USD
66.54
+0.12 (0.18%)
Nov 29, 2022 3:25 PM EDT - Market open

Total Valuation

WAL has a market cap or net worth of $7.23 billion. The enterprise value is $12.98 billion.

Market Cap 7.23B
Enterprise Value 12.98B

Important Dates

The latest earnings date was Friday, October 21, 2022, before market open.

Last Earnings Date Oct 21, 2022
Ex-Dividend Date Nov 17, 2022

Share Statistics

WAL has 107.50 million shares outstanding. The number of shares has increased by 3.85% in one year.

Shares Outstanding 107.50M
Shares Change (YoY) +3.85%
Shares Change (QoQ) +0.19%
Owned by Insiders (%) 2.82%
Owned by Institutions (%) 86.66%
Float 104.92M

Valuation Ratios

The trailing PE ratio is 7.03 and the forward PE ratio is 5.88. WAL's PEG ratio is 1.84.

PE Ratio 7.03
Forward PE 5.88
PS Ratio 3.11
Forward PS 2.30
PB Ratio 1.44
P/FCF Ratio 3.72
PEG Ratio 1.84
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 9.78, with a EV/FCF ratio of 6.68.

EV / Earnings 13.02
EV / Sales 5.59
EV / EBITDA 9.78
EV / EBIT 10.29
EV / FCF 6.68

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 1.47
Debt / EBITDA 5.54
Debt / FCF 3.78

Financial Efficiency

Return on equity (ROE) is 20.00% and return on invested capital (ROIC) is 1.90%.

Return on Equity (ROE) 20.00%
Return on Assets (ROA) 1.60%
Return on Capital (ROIC) 1.90%
Revenue Per Employee $689,578
Profits Per Employee $296,081
Employee Count 3,368
Asset Turnover 0.04
Inventory Turnover n/a

Taxes

In the past 12 months, WAL has paid $251.10 million in taxes.

Income Tax 251.10M
Effective Tax Rate 20.12%

Stock Price Statistics

The stock price has decreased by -41.68% in the last 52 weeks. The beta is 1.36, so WAL's price volatility has been higher than the market average.

Beta (1Y) 1.36
52-Week Price Change -41.68%
50-Day Moving Average 66.88
200-Day Moving Average 72.76
Average Volume (30 Days) 852,449

Short Selling Information

The latest short interest is 1.49 million, so 1.39% of the outstanding shares have been sold short.

Short Interest 1.49M
Short % of Shares Out 1.39%
Short % of Float 1.42%
Short Ratio (days to cover) 1.30

Income Statement

In the last 12 months, WAL had revenue of $2.32 billion and earned 997.20 million in profits. Earnings per share was $9.46.

Revenue 2.32B
Gross Profit 2.32B
Operating Income 1.27B
Pretax Income 1.26B
Net Income 1.01B
Net Income Common 997.20M
EBITDA 1.33B
EBIT 1.26B
Earnings Per Share (EPS) $9.46
Full Income Statement

Balance Sheet

The company has $1.61 billion in cash and $7.36 billion in debt, giving a net cash position of -$5.75 billion or -$53.46 per share.

Cash & Cash Equivalents 1.61B
Total Debt 7.36B
Net Cash -5.75B
Net Cash Per Share -$53.46
Book Value 5.02B
Book Value Per Share 46.71
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $2.07 billion and capital expenditures -$121.80 million, giving a free cash flow of $1.94 billion.

Operating Cash Flow 2.07B
Capital Expenditures -121.80M
Free Cash Flow 1.94B
FCF Per Share $18.08
Full Cash Flow Statement

Margins

Gross margin is 100.00%, with operating and profit margins of 54.57% and 42.94%.

Gross Margin 100.00%
Operating Margin 54.57%
Pretax Margin 54.31%
Profit Margin 42.94%
EBITDA Margin 57.13%
EBIT Margin 54.31%
FCF Margin 83.71%

Dividends & Yields

This stock pays an annual dividend of $1.42, which amounts to a dividend yield of 2.13%.

Dividend Per Share $1.42
Dividend Yield 2.13%
Earnings Yield 13.79%
FCF Yield 26.87%
Dividend Growth (YoY) 2.86%
Payout Ratio 15.00%
Buyback Yield -3.85%
Shareholder Yield -1.72%
Dividend Details

Analyst Forecast

The average price target for WAL is $89.33, which is 34.27% higher than the current price. The consensus rating is "Buy".

Price Target $89.33
Price Target Difference 34.27%
Analyst Consensus Buy
Analyst Count 16
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a