US-listed companies
WESTERN ALLIANCE BANCORPORATION

WESTERN ALLIANCE BANCORPORATIONWAL

Market cap

$9.3B

P/E ratio

Income statement Balance sheet Cash flow

	Dec 31, 2011	Dec 31, 2012	Dec 31, 2013	Dec 31, 2014	Dec 31, 2015	Dec 31, 2016	Dec 31, 2017	Dec 31, 2018	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023
Loans, including fees	261	281	327	371	476	637	748	911	1,093	1,144	1,489	2,393	3,410
Investment securities	29	22	23	39	38	53	83	107	112	108	159	266	460
Dividends and other	-	-	1	5	10	9	8	8	6	10	11	33	166
Total interest income	297	318	363	416	525	701	846	1,033	1,225	1,262	1,659	2,692	4,035
Deposits	28	17	16	20	22	30	42	90	158	70	48	276	1,143
Qualifying debt	-	-	-	-	5	13	18	22	23	24	33	35	38
Other borrowings	-	-	-	-	-	-	-	-	-	-	29	164	516
Total interest expense	39	28	30	31	33	43	61	118	185	95	110	476	1,696
Net interest income	258	290	333	385	493	657	785	916	1,040	1,167	1,549	2,216	2,339
Provision for (recovery of) credit losses	46	47	13	5	3	8	17	23	19	124	21	68	63
Net interest income after provision for credit losses	211	243	320	380	489	649	767	893	1,022	1,043	1,570	2,148	2,276
Service charges and fees	-	-	-	-	-	-	-	22	23	23	28	27	76
Net gain on loan origination and sale activities	-	-	-	-	-	-	-	-	-	-	326	104	194
Income from equity investments	-	-	-	-	-	-	4	9	8	13	22	18	16
Loan servicing fees, net	-	-	-	-	-	-	-	-	-	-	16	-131	102
Equity Securities, FV-NI, Unrealized Gain (Loss)	-	-	-	-	-	-	-	-4	5	4	-1	-29	-
Service charges and fees	-	-	-	-	-	-	-	22	23	23	28	27	76
Other income	2	7	3	5	5	7	2	2	6	8	12	31	28
Commercial banking related income	-	-	-	-	-	-	-	-	-	-	17	22	24
Non-interest income (loss)	34	45	17	25	30	43	45	43	65	71	404	325	281
Income from equity investments	-	-	-	-	-	-	4	9	8	13	22	18	16
(Loss) gain on recovery from credit guarantees	-	-	-	-	-	-	-	-	-	-	-	-	-2
(Loss) gain on sales of investment securities	-	-	-	-	-	-	-	-	-	-	-	-	-41
Fair value loss adjustments, net	-	-	-	-	-	-	-	-	-	-	-	-	116
Other income	2	7	3	5	5	7	2	2	6	8	12	31	28
Non-interest income (loss)	34	45	17	25	30	43	45	43	65	71	404	325	281
Labor and Related Expense	93	105	113	127	150	189	214	253	279	304	467	540	566
Legal Professional And Director Fees	8	8	14	14	19	25	30	29	37	42	59	100	107
Occupancy	20	19	19	18	22	27	28	29	33	34	44	56	66
Deposit costs	-	-	-	-	-	-	10	19	32	19	30	166	437
Data processing	4	6	8	10	15	19	19	23	31	36	58	83	122
Insurance	-	9	8	9	11	13	14	14	12	13	23	31	190
Loan servicing expenses	-	-	-	-	-	-	-	-	-	-	54	56	59
(Gain) loss on extinguishment of debt	-	-	-1	-1	-0	-	-	-	-	-	6	-	53
Insurance	-	9	8	9	11	13	14	14	12	13	23	31	190
Net gain on sales and valuations of repossessed and other assets	25	4	-2	-5	-2	-0	-0	0	4	-1	-3	-1	-
Loan Processing Fee	-	-	-	-	-	-	-	-	-	-	29	23	20
Other expense	13	14	19	25	26	34	32	38	33	25	58	82	87
Business Development	-	-	-	-	-	-	-	6	7	6	-	22	22
Total non-interest expense	196	189	196	208	261	331	361	426	483	492	851	1,157	1,623
Extinguishment of debt	-	-	-1	-1	-0	-	-	-	-	-	6	-	53
Acquisition and restructure expenses	-	-	-	-	-	-	-	-	-	-	15	0	-
Other expense	13	14	19	25	26	34	32	38	33	25	58	82	87
Total non-interest expense	196	189	196	208	261	331	361	426	483	492	851	1,157	1,623
Income before provision for income taxes	50	99	141	197	259	361	452	510	604	623	1,123	1,316	934
Income tax expense	17	24	25	48	64	101	126	75	105	116	224	259	211
Net income	31	73	115	148	194	260	325	436	499	507	899	1,057	722
Dividends on preferred stock	-	-	-	-	-	-	-	-	-	-	4	13	13
Net income available to common stockholders	15	69	113	147	193	260	325	436	-	-	896	1,045	710
Earnings Per Share, Basic	-	0.84	1.32	1.69	2.05	2.52	3.12	4.16	4.86	5.06	8.72	9.74	6.55
Earnings Per Share, Diluted	-	0.83	1.31	1.67	2.03	2.5	3.1	4.14	4.84	5.04	8.67	9.7	6.54
Net gain on loan origination and sale activities	-	-	-	-	-	-	-	-	-	-	326	104	194
Commercial banking related income	-	-	-	-	-	-	-	-	-	-	17	22	24
Gain on sales of investment securities	-	-	-	-	-	-	-	-	-	-	8	7	-
Gain on recovery from credit guarantees	-	-	-	-	-	-	-	-	-	-	7	15	-
Loan servicing fees, net	-	-	-	-	-	-	-	-	-	-	16	-131	102
Loan servicing expenses	-	-	-	-	-	-	-	-	-	-	54	56	59
Loan Processing Fee	-	-	-	-	-	-	-	-	-	-	29	23	20
Acquisition and restructure expenses	-	-	-	-	-	-	-	-	-	-	15	0	-
Business Development	-	-	-	-	-	-	-	6	7	6	-	22	22
Loans, including fees	261	281	327	371	476	637	748	911	1,093	1,144	1,489	2,393	3,410
Investment securities	29	22	23	39	38	53	83	107	112	108	159	266	460
Dividends and other	-	-	1	5	10	9	8	8	6	10	11	33	166
Total interest income	297	318	363	416	525	701	846	1,033	1,225	1,262	1,659	2,692	4,035
Deposits	28	17	16	20	22	30	42	90	158	70	48	276	1,143
Qualifying debt	-	-	-	-	5	13	18	22	23	24	33	35	38
Other borrowings	-	-	-	-	-	-	-	-	-	-	29	164	516
Total interest expense	39	28	30	31	33	43	61	118	185	95	110	476	1,696
Net interest income	258	290	333	385	493	657	785	916	1,040	1,167	1,549	2,216	2,339
Provision for (recovery of) credit losses	46	47	13	5	3	8	17	23	19	124	21	68	63
Net interest income after provision for credit losses	211	243	320	380	489	649	767	893	1,022	1,043	1,570	2,148	2,276
Service charges and fees	-	-	-	-	-	-	-	22	23	23	28	27	76
Net gain on loan origination and sale activities	-	-	-	-	-	-	-	-	-	-	326	104	194
Income from equity investments	-	-	-	-	-	-	4	9	8	13	22	18	16
Loan servicing fees, net	-	-	-	-	-	-	-	-	-	-	16	-131	102
Equity Securities, FV-NI, Unrealized Gain (Loss)	-	-	-	-	-	-	-	-4	5	4	-1	-29	-
Service charges and fees	-	-	-	-	-	-	-	22	23	23	28	27	76
Other income	2	7	3	5	5	7	2	2	6	8	12	31	28
Commercial banking related income	-	-	-	-	-	-	-	-	-	-	17	22	24
Non-interest income (loss)	34	45	17	25	30	43	45	43	65	71	404	325	281
Income from equity investments	-	-	-	-	-	-	4	9	8	13	22	18	16
(Loss) gain on recovery from credit guarantees	-	-	-	-	-	-	-	-	-	-	-	-	-2
(Loss) gain on sales of investment securities	-	-	-	-	-	-	-	-	-	-	-	-	-41
Fair value loss adjustments, net	-	-	-	-	-	-	-	-	-	-	-	-	116
Other income	2	7	3	5	5	7	2	2	6	8	12	31	28
Non-interest income (loss)	34	45	17	25	30	43	45	43	65	71	404	325	281
Labor and Related Expense	93	105	113	127	150	189	214	253	279	304	467	540	566
Legal Professional And Director Fees	8	8	14	14	19	25	30	29	37	42	59	100	107
Occupancy	20	19	19	18	22	27	28	29	33	34	44	56	66
Deposit costs	-	-	-	-	-	-	10	19	32	19	30	166	437
Data processing	4	6	8	10	15	19	19	23	31	36	58	83	122
Insurance	-	9	8	9	11	13	14	14	12	13	23	31	190
Loan servicing expenses	-	-	-	-	-	-	-	-	-	-	54	56	59
(Gain) loss on extinguishment of debt	-	-	-1	-1	-0	-	-	-	-	-	6	-	53
Insurance	-	9	8	9	11	13	14	14	12	13	23	31	190
Net gain on sales and valuations of repossessed and other assets	25	4	-2	-5	-2	-0	-0	0	4	-1	-3	-1	-
Loan Processing Fee	-	-	-	-	-	-	-	-	-	-	29	23	20
Other expense	13	14	19	25	26	34	32	38	33	25	58	82	87
Business Development	-	-	-	-	-	-	-	6	7	6	-	22	22
Total non-interest expense	196	189	196	208	261	331	361	426	483	492	851	1,157	1,623
Extinguishment of debt	-	-	-1	-1	-0	-	-	-	-	-	6	-	53
Acquisition and restructure expenses	-	-	-	-	-	-	-	-	-	-	15	0	-
Other expense	13	14	19	25	26	34	32	38	33	25	58	82	87
Total non-interest expense	196	189	196	208	261	331	361	426	483	492	851	1,157	1,623
Income (loss) before provision for income taxes	50	99	141	197	259	361	452	510	604	623	1,123	1,316	934
Income tax expense	17	24	25	48	64	101	126	75	105	116	224	259	211
Net income	31	73	115	148	194	260	325	436	499	507	899	1,057	722
Dividends on preferred stock	-	-	-	-	-	-	-	-	-	-	4	13	13
Net income available to common stockholders	15	69	113	147	193	260	325	436	-	-	896	1,045	710
Earnings Per Share, Basic	-	0.84	1.32	1.69	2.05	2.52	3.12	4.16	4.86	5.06	8.72	9.74	6.55
Earnings Per Share, Diluted	-	0.83	1.31	1.67	2.03	2.5	3.1	4.14	4.84	5.04	8.67	9.7	6.54
Common Stock, Dividends, Per Share, Declared	-	-	-	-	-	-	-	-	-	-	-	-	1.45