Western Alliance Bancorpo... (WAL)
Western Alliance Bancorporation Statistics
Share Statistics
Western Alliance Bancorporation has 110.45M shares outstanding. The number of shares has increased by 0.31% in one year.
| Shares Outstanding | 110.45M |
| Shares Change (YoY) | 0.31% |
| Shares Change (QoQ) | 0.35% |
| Owned by Institutions (%) | 90.76% |
| Shares Floating | 108.75M |
| Failed to Deliver (FTD) Shares | 11.03K |
| FTD / Avg. Volume | 0.83% |
Short Selling Information
The latest short interest is 5.84M, so 5.29% of the outstanding shares have been sold short.
| Short Interest | 5.84M |
| Short % of Shares Out | 5.29% |
| Short % of Float | 5.37% |
| Short Ratio (days to cover) | 4.41 |
Valuation Ratios
The PE ratio is 11.53 and the forward PE ratio is 6.23. Western Alliance Bancorporation's PEG ratio is 0.93.
| PE Ratio | 11.53 |
| Forward PE | 6.23 |
| PS Ratio | 2.87 |
| Forward PS | 1.8 |
| PB Ratio | 1.35 |
| P/FCF Ratio | 38.49 |
| PEG Ratio | 0.93 |
Enterprise Valuation
Western Alliance Bancorporation has an Enterprise Value (EV) of 11.6B.
| EV / Sales | 3.67 |
| EV / EBITDA | 0 |
| EV / EBIT | 49.18 |
| EV / FCF | 49.18 |
Financial Position
The company has a current ratio of 4.4, with a Debt / Equity ratio of 0.99.
| Current Ratio | 4.4 |
| Quick Ratio | 4.4 |
| Debt / Equity | 0.99 |
| Debt / EBITDA | - |
| Debt / FCF | 28.05 |
| Interest Coverage | -1.58 |
Financial Efficiency
Return on Equity is 11.74% and Return on Invested Capital is -15.83%.
| Return on Equity | 11.74% |
| Return on Assets | 0.97% |
| Return on Invested Capital | -15.83% |
| Revenue Per Employee | $897.3K |
| Profits Per Employee | $223.52K |
| Employee Count | 3,524 |
| Asset Turnover | 0.04 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 203.5M |
| Effective Tax Rate | 20.53% |
Stock Price Statistics
The stock price has increased by 19.59% in the last 52 weeks. The beta is 1.28, so Western Alliance Bancorporation's price volatility has been higher than the market average.
| Beta | 1.28 |
| 52-Week Price Change | 19.59% |
| 50-Day Moving Average | 79.32 |
| 200-Day Moving Average | 81.91 |
| Relative Strength Index (RSI) | 36.38 |
| Average Volume (20 Days) | 1.34M |
Income Statement
In the last 12 months, Western Alliance Bancorporation had revenue of 3.16B and earned 787.7M in profits. Earnings per share was 7.36.
| Revenue | 3.16B |
| Gross Profit | 3.16B |
| Operating Income | -3.03B |
| Net Income | 787.7M |
| EBITDA | 0 |
| EBIT | -118.5M |
| Earnings Per Share (EPS) | 7.36 |
Balance Sheet
The company has 4.1B in cash and 6.62B in debt, giving a net cash position of -2.52B.
| Cash & Cash Equivalents | 4.1B |
| Total Debt | 6.62B |
| Net Cash | -2.52B |
| Retained Earnings | 4.83B |
| Total Assets | 80.93B |
| Working Capital | 8.53B |
Cash Flow
In the last 12 months, operating cash flow was 235.9M and capital expenditures -83.8M, giving a free cash flow of 235.9M.
| Operating Cash Flow | 235.9M |
| Capital Expenditures | -83.8M |
| Free Cash Flow | 235.9M |
| FCF Per Share | 2.17 |
Margins
Gross margin is 100%, with operating and profit margins of -95.88% and 24.91%.
| Gross Margin | 100% |
| Operating Margin | -95.88% |
| Pretax Margin | 31.35% |
| Profit Margin | 24.91% |
| EBITDA Margin | n/a |
| EBIT Margin | -95.88% |
| FCF Margin | 7.46% |
Dividends & Yields
WAL pays an annual dividend of $1.87, which amounts to a dividend yield of 1.69%.
| Dividend Per Share | $1.87 |
| Dividend Yield | 1.69% |
| Dividend Growth (YoY) | 2.7% |
| Payout Ratio | 26.38% |
| Earnings Yield | 8.67% |
| FCF Yield | 2.6% |
Analyst Forecast
The average price target for WAL is $97.5, which is 47.5% higher than the current price. The consensus rating is "Buy".
| Price Target | $97.5 |
| Price Target Difference | 47.5% |
| Analyst Consensus | Buy |
| Analyst Count | 14 |
Scores
| Altman Z-Score | 0.34 |
| Piotroski F-Score | 3 |