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Western Alliance Bancorporation WAL Operating Segments — Noninterest Income

Discontinued — last reported Q2 '18

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Other financials

Income statement

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Revenue$1.0B+31.0%
Net income$182.1M-8.5%
EPS (diluted)$1.65-7.8%

Balance sheet

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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

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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$8.73B-8.3%
Enterprise value$4.85B-50.5%
P/E9.2×-2.6×
P/S2.3×-0.7×

Profitability

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Net margin25.2%0.0pp
FCF margin-43.7%-17.4pp

Returns & leverage

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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:NoninterestIncome.

The official record: Western Alliance Bancorporation’s 10-Q, filed July 31, 2018, on SEC EDGAR. View the filing →

Questions, answered.

What does operating segments — noninterest income mean?
Revenue earned by a business segment from fees and services rather than interest on loans.
How do you interpret operating segments — noninterest income?
Higher noninterest income indicates strong fee-based business growth and revenue diversification.
How does operating segments — noninterest income compare across companies?
Standard fee-based revenue metric across commercial and retail banking segments.