Western Tax Provision from 2010 to 2024

WAL Stock  USD 93.50  0.53  0.56%   
Western Alliance Tax Provision yearly trend continues to be quite stable with very little volatility. The value of Tax Provision is projected to decrease to about 157.7 M. Tax Provision is the amount set aside by Western Alliance Bancorporation to cover any estimated taxes for the current period. It reflects Western Alliance's expected tax liabilities. View All Fundamentals
 
Tax Provision  
First Reported
2019-03-31
Previous Quarter
54.3 M
Current Value
52.3 M
Quarterly Volatility
16.8 M
 
Covid
Check Western Alliance financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Alliance's main balance sheet or income statement drivers, such as Interest Expense of 1.8 B, Total Revenue of 2.7 B or Gross Profit of 2.7 B, as well as many indicators such as Price To Sales Ratio of 2.65, Dividend Yield of 0.0253 or PTB Ratio of 1.11. Western financial statements analysis is a perfect complement when working with Western Alliance Valuation or Volatility modules.
  
Check out the analysis of Western Alliance Correlation against competitors.

Latest Western Alliance's Tax Provision Growth Pattern

Below is the plot of the Tax Provision of Western Alliance Bancorporation over the last few years. It is the amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities. Western Alliance's Tax Provision historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Alliance's overall financial position and show how it may be relating to other accounts over time.
Tax Provision10 Years Trend
Slightly volatile
   Tax Provision   
       Timeline  

Western Tax Provision Regression Statistics

Arithmetic Mean117,934,589
Geometric Mean103,385,821
Coefficient Of Variation56.73
Mean Deviation52,894,119
Median101,381,000
Standard Deviation66,904,057
Sample Variance4476.2T
Range194.5M
R-Value0.81
Mean Square Error1632.3T
R-Squared0.66
Significance0.0002
Slope12,166,457
Total Sum of Squares62666.1T

Western Tax Provision History

2024157.7 M
2023219.8 M
2022258.8 M
2021223.8 M
2020115.9 M
2019105.1 M
201874.5 M

About Western Alliance Financial Statements

Western Alliance investors utilize fundamental indicators, such as Tax Provision, to predict how Western Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Tax Provision219.8 M157.7 M

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When determining whether Western Alliance Ban is a strong investment it is important to analyze Western Alliance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Western Alliance's future performance. For an informed investment choice regarding Western Stock, refer to the following important reports:
Check out the analysis of Western Alliance Correlation against competitors.
You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Alliance. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Alliance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.09)
Dividend Share
1.48
Earnings Share
6.47
Revenue Per Share
26.821
Quarterly Revenue Growth
0.121
The market value of Western Alliance Ban is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Alliance's value that differs from its market value or its book value, called intrinsic value, which is Western Alliance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Alliance's market value can be influenced by many factors that don't directly affect Western Alliance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Alliance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Alliance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Alliance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.