Western Historical Income Statement
WAL Stock | USD 93.50 0.53 0.56% |
Historical analysis of Western Alliance income statement accounts such as Interest Expense of 1.8 B, Total Revenue of 2.7 B, Gross Profit of 2.7 B or Ebitda of 1.1 B can show how well Western Alliance Bancorporation performed in making a profits. Evaluating Western Alliance income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Western Alliance's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Western Alliance Ban latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Western Alliance Ban is a good buy for the upcoming year.
Western |
About Western Income Statement Analysis
Western Alliance Ban Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Western Alliance shareholders. The income statement also shows Western investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Western Alliance Income Statement Chart
Add Fundamental
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Western Alliance Ban generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Western Alliance Bancorporation minus its cost of goods sold. It is profit before Western Alliance operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Income Before Tax
Income Before Tax which can also be referred as pre-tax income is reported on Western Alliance income statement and is an important metric when analyzing Western Alliance Ban profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.Most accounts from Western Alliance's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Western Alliance Ban current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. At this time, Western Alliance's Net Income is quite stable compared to the past year. Income Tax Expense is expected to rise to about 221.8 M this year, although the value of Minority Interest will most likely fall to about 180.4 K.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 1.8B | 2.3B | 2.6B | 2.7B | Interest Expense | 109.9M | 475.5M | 1.7B | 1.8B |
Western Alliance income statement Correlations
Click cells to compare fundamentals
Western Alliance Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Western Alliance income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 184.6M | 94.9M | 109.9M | 475.5M | 1.7B | 1.8B | |
Total Revenue | 1.1B | 1.2B | 1.8B | 2.3B | 2.6B | 2.7B | |
Gross Profit | 1.1B | 1.2B | 1.8B | 2.3B | 2.6B | 2.7B | |
Ebitda | 605.8M | 657.1M | 1.2B | 1.4B | 1.0B | 1.1B | |
Income Before Tax | 604.2M | 622.5M | 1.1B | 1.3B | 933.6M | 980.3M | |
Net Income | 499.2M | 506.6M | 899.2M | 1.1B | 722.4M | 758.5M | |
Income Tax Expense | 105.1M | 115.9M | 223.8M | 258.8M | 211.2M | 221.8M | |
Other Operating Expenses | 447.5M | 576.2M | 720.9M | 122M | 882.9M | 927.0M | |
Operating Income | 604.2M | 622.5M | 1.1B | 1.8B | 865.2M | 908.5M | |
Ebit | 604.2M | 622.5M | 1.1B | 1.3B | 933.6M | 980.3M | |
Total Operating Expenses | (447.5M) | (576.2M) | (720.9M) | 122M | 2.1B | 2.2B | |
Total Other Income Expense Net | 604.2M | (66.4M) | (210.6M) | (356.7M) | 68.4M | 71.8M | |
Depreciation And Amortization | 1.5M | 34.6M | 62.2M | 74.6M | 86.5M | 90.8M | |
Selling General Administrative | 291.2M | 316.9M | 489.7M | 570.6M | 756.7M | 794.5M | |
Selling And Marketing Expenses | 4.2M | 4.1M | 13.5M | 22.1M | 21.8M | 22.9M | |
Cost Of Revenue | 78.1M | 140.6M | (53.5M) | (55.5M) | (50.0M) | (47.5M) | |
Net Income Applicable To Common Shares | 499.2M | 506.6M | 895.7M | 1.0B | 1.2B | 1.3B | |
Net Income From Continuing Ops | 499.2M | 506.6M | 899.2M | 1.1B | 867.5M | 493.6M | |
Tax Provision | 105.1M | 115.9M | 223.8M | 258.8M | 219.8M | 157.7M | |
Net Interest Income | 1.0B | 1.2B | 1.5B | 2.2B | 2.3B | 1.3B | |
Interest Income | 1.2B | 1.3B | 1.7B | 2.7B | 3.7B | 3.9B | |
Reconciled Depreciation | 28.9M | 34.6M | 50M | 74.6M | 83.6M | 47.1M |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Alliance Bancorporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
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.