Western Alliance Bancorporation WAL Technology and Innovation — Interest Income (Expense), Net

Discontinued — last reported Q3 '20

Similar metrics at other companies

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HOODNet Interest Income

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MANet Interest and Investment Income (Loss)

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UMBFPersonal Banking — Interest Income Expense Net

$91.74M+46.6%

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:InterestIncomeExpenseNet.

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 — interest income (expense), net mean?: The net interest margin generated by the Technology and Innovation segment, calculated as interest income from loans and investments minus interest expense on deposits and borrowings. This is a primary driver of the segment's core profitability.