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Discontinued — last reported Q2 '23

Net loans at other companies

Wells Fargo & Company logo
Wells Fargo & CompanyWFC
$1.02T+11.7%
Associated Banc-Corp logo
Associated Banc-CorpASB
$36.02B+17.7%

Other financials

Income statement

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Revenue$995.7M+17.7%
Net income$261.7M+13.6%
EPS (diluted)$2.36+14.0%

Balance sheet

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Cash & equivalents$8.6B+161%
Total debt$148.0M-95.5%
Total equity$7.8B+10.2%
Total assets$98.7B+13.8%

Cash flow

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Operating cash flow-$507.2M+69.3%
CapEx$24.2M+45.8%
Free cash flow-$531.4M+68.2%

Valuation

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Market cap$9.05B+5.5%
P/E9.2×-0.9×
P/S2.3×-0.3×

Profitability

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Net margin25%-0.8pp
FCF margin-43.7%-17.4pp

Returns & leverage

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Return on equity13.1%+0.6pp
Debt / equity-0.4×

Where this comes from

Reported directly by Western Alliance Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:LoansAndLeasesReceivableNetOfDeferredIncome.

The source filing: Western Alliance Bancorporation’s 10-Q, filed August 1, 2023.

Filed
Aug 1, 2023
Fiscal quarter
Q2 FY2023
Calendar quarter
Q2 2023
Accession
0001212545-23-000149
Line itemJune 30, 2023December 31, 2022
Investment securities - equity139160
Investments in restricted stock, at cost243224
Loans HFS3,1561,184
Loans HFI, net of deferred loan fees and costs47,87551,862
Less: allowance for credit losses(321)(310)
Net loans held for investment47,55451,552
Mortgage servicing rights1,0071,148
Premises and equipment, net315276

Item 1. Glossary of Entities and Terms

FAQ

What is Western Alliance Bancorporation's net loans?
Western Alliance Bancorporation (WAL) reported net loans of $47.88B in Q2 2023.
How has Western Alliance Bancorporation's net loans changed year-over-year?
Western Alliance Bancorporation's net loans decreased by 1.4% year-over-year, from $48.57B to $47.88B.
What is the long-term trend for Western Alliance Bancorporation's net loans?
Over 2 years (2020 to 2022), Western Alliance Bancorporation's net loans has grown at a 38.5% compound annual growth rate (CAGR), from $27.05B to $51.86B.

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