What does commercial segment — goodwill mean?

The value of intangible assets like brand and customer relationships acquired through past commercial banking business purchases.

How do you interpret commercial segment — goodwill?

An increase indicates recent acquisitions, while a decrease suggests impairment charges or divestitures.

How does commercial segment — goodwill compare across companies?

Standard across banking peers reporting segment-level goodwill under GAAP.

Western Alliance Bancorporation WAL Commercial Segment — Goodwill

Discontinued — last reported Q3 '23

Similar metrics at other companies

WBSCommercial Banking — Goodwill

$1.96B0.0%

CBSHCommercial segment — Goodwill

$75.07M0.0%

VLYCommercial Banking — Goodwill from business combinations, as adjusted

$29.4M+88.5%

EWBCCommercial Banking — Goodwill

$112.23M0.0%

VLYCommercial Lending — Goodwill

$1.44B0.0%

CFGCommercial Banking — Goodwill

$5.51B0.0%

Other financials

Income statement

See full

Revenue$1.0B+31.0%

Net income$182.1M-8.5%

EPS (diluted)$1.65-7.8%

Balance sheet

See full

Cash & equivalents$8.6B+161%

Total debt$4.7B+73.9%

Total equity$7.6B+10.0%

Total assets$98.9B+19.0%

Cash flow

See full

Operating cash flow-$507.2M+69.3%

CapEx$24.2M+45.8%

Free cash flow-$531.4M+68.2%

Valuation

See full

Market cap$8.73B-8.3%

Enterprise value$4.85B-50.5%

P/E9.2×-2.6×

P/S2.3×-0.7×

Profitability

See full

Net margin25.2%0.0pp

FCF margin-43.7%-17.4pp

Returns & leverage

See full

Return on equity13.1%+0.7pp

Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Western Alliance Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Western Alliance Bancorporation’s 10-Q, filed October 31, 2023, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Alliance Bancorporation's commercial segment — goodwill?: Western Alliance Bancorporation (WAL) reported commercial segment — goodwill of $290M in Q3 2023.
What does commercial segment — goodwill mean?: The value of intangible assets like brand and customer relationships acquired through past commercial banking business purchases.
How do you interpret commercial segment — goodwill?: An increase indicates recent acquisitions, while a decrease suggests impairment charges or divestitures.
How does commercial segment — goodwill compare across companies?: Standard across banking peers reporting segment-level goodwill under GAAP.