Skip to content

Western Alliance Bancorporation WAL Technology and Innovation — Income Tax Expense (Benefit)

Discontinued — last reported Q3 '20

Similar metrics at other companies

Henry Schein logo
HSICTechnology — Income Tax Expense Benefit
$7.5M+3.4%
GameStop logo
GMETechnology Brands — Income Tax Expense Benefit
-$22.85M-843%
Willis Towers Watson logo
WTWIncome Tax Effect — Income Tax Expense Benefit
$87M
Wintrust Financial logo
WTFCOperating Segments — Income Tax Expense Benefit
$33.08M+5.9%
TTM Technologies logo
TTMIMY — Income Tax Expense Benefit
$0
Essential Utilities logo
WTRGOther And Eliminations — Income Tax Expense Benefit
$17.16M+297%

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:IncomeTaxExpenseBenefit.

The official record: Western Alliance Bancorporation’s 10-Q, filed October 30, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does technology and innovation — income tax expense (benefit) mean?
The portion of the company's total income tax expense or benefit attributable to the Technology and Innovation segment.
How do you interpret technology and innovation — income tax expense (benefit)?
Changes generally track with the segment's pre-tax income, though shifts in effective tax rates can signal changes in tax planning or jurisdictional tax impacts.
How does technology and innovation — income tax expense (benefit) compare across companies?
Standard segment-level tax reporting found in the financial disclosures of diversified banking holding companies.