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14.34 (1y: +69%)
Market Cap 1.26 B P/E(ttm) 15.10
Enterprise Value 1.6 B P/B 1.60
WAL- NYSE (USA)
Western Alliance Bancorporation
  • Currently 1/5
Business Predictability Rank: 1-Star
Back Testing Results:
Average gain of all 1-Star stocks: 1.1% per year.
% of Stocks that are in still loss if held for 10yrs: 45%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$14.34
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 6/10

vs
industry		 vs
history
Cash to Debt 0.89
WAL's Cash to Debt is ranked lower than
60% of the 707 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.34 vs. WAL: 0.89 )
WAL' s 10-Year Cash to Debt Range
Min: 0.16   Max: No Debt
Current: 0.89
Equity to Asset 0.096
WAL's Equity to Asset is ranked higher than
53% of the 882 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.09 vs. WAL: 0.096 )
WAL' s 10-Year Equity to Asset Range
Min: 0.05   Max: 0.1
Current: 0.1
0.05
0.1
Interest Coverage No Debt
WAL's Interest Coverage is ranked higher than
70% of the 882 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 10000.00 vs. WAL: No Debt )
WAL' s 10-Year Interest Coverage Range
Min: No Debt   Max: No Debt
Current: No Debt
F-Score: 5
Z-Score: 0.29
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 7/10

vs
industry		 vs
history
Operating margin (%) 30.00
WAL's Operating margin (%) is ranked higher than
52% of the 719 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 28.90 vs. WAL: 30.00 )
WAL' s 10-Year Operating margin (%) Range
Min: -123.7   Max: 38.8
Current: 30
-123.7
38.8
Net-margin (%) 21.6
WAL's Net-margin (%) is ranked higher than
58% of the 793 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 19.60 vs. WAL: 21.6 )
WAL' s 10-Year Net-margin (%) Range
Min: -100.8   Max: 25.3
Current: 21.6
-100.8
25.3
ROE (%) 9.6
WAL's ROE (%) is ranked higher than
68% of the 775 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 7.20 vs. WAL: 9.6 )
WAL' s 10-Year ROE (%) Range
Min: -47.7   Max: 16.6
Current: 9.6
-47.7
16.6
ROA (%) 1
WAL's ROA (%) is ranked higher than
73% of the 768 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. WAL: 1 )
WAL' s 10-Year ROA (%) Range
Min: -4.5   Max: 1
Current: 1
-4.5
1
ROC (Joel Greenblatt) (%) 104.20
WAL's ROC (Joel Greenblatt) (%) is ranked higher than
56% of the 344 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 84.50 vs. WAL: 104.20 )
WAL' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: -49.2   Max: 104.2
Current: 104.2
-49.2
104.2
Revenue Growth (%) 6.3
WAL's Revenue Growth (%) is ranked higher than
57% of the 344 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 5.40 vs. WAL: 6.3 )
WAL' s 10-Year Revenue Growth (%) Range
Min: -15.9   Max: 16.6
Current: 6.3
-15.9
16.6
ยป WAL's 10-Y Financials

Financials


Revenue & Net Income
Equity & Asset
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

WAL Guru Trades in Q2 2012

Chuck Royce 769,100 sh (+20.34%)
Paul Tudor Jones Sold Out
NWQ Managers 2,051,937 sh (-0.97%)
Jim Simons 158,300 sh (-43.74%)
» More
Q3 2012

WAL Guru Trades in Q3 2012

Paul Tudor Jones 29,100 sh (New)
NWQ Managers 2,220,445 sh (+8.21%)
Chuck Royce 774,100 sh (+0.65%)
Jim Simons Sold Out
» More
Q4 2012

WAL Guru Trades in Q4 2012

Steven Cohen 16,244 sh (New)
NWQ Managers 2,226,713 sh (+0.28%)
Paul Tudor Jones Sold Out
Chuck Royce 757,100 sh (-2.2%)
» More
Q1 2013

WAL Guru Trades in Q1 2013

Paul Tudor Jones 32,800 sh (New)
Jim Simons 267,300 sh (New)
NWQ Managers 2,323,793 sh (+4.36%)
Chuck Royce 787,100 sh (+3.96%)
Steven Cohen Sold Out
» More
» Details

Insider Trades

Latest Guru Trades with WAL

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
George Soros 2011-09-30 Sold Out 0.002%$4.67 - $7.49 $ 14.34132%0
George Soros 2011-06-30 New Buy$6.57 - $8.3 $ 14.3492%19600
Premium More recent guru trades are included for Premium Members only!!

Ratios

vs
industry		 vs
history
P/E(ttm) 15.10
WAL's P/E(ttm) is ranked lower than
60% of the 792 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 13.70 vs. WAL: 15.10 )
WAL' s 10-Year P/E(ttm) Range
Min: 11.2   Max: 45.35
Current: 15.1
11.2
45.35
P/B 1.60
WAL's P/B is ranked lower than
87% of the 877 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.94 vs. WAL: 1.60 )
WAL' s 10-Year P/B Range
Min: 0.34   Max: 3.47
Current: 1.6
0.34
3.47
P/S 3.53
WAL's P/S is ranked lower than
73% of the 896 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 2.48 vs. WAL: 3.53 )
WAL' s 10-Year P/S Range
Min: 0.61   Max: 7.36
Current: 3.53
0.61
7.36
PFCF 10.60
WAL's PFCF is ranked lower than
69% of the 695 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.90 vs. WAL: 10.60 )
WAL' s 10-Year PFCF Range
Min: 1.74   Max: 28.88
Current: 10.6
1.74
28.88
EV-to-EBIT 14.1
WAL's EV-to-EBIT is ranked higher than
55% of the 745 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.89 vs. WAL: 14.1 )
WAL' s 10-Year EV-to-EBIT Range
Min: 10.1   Max: 40.9
Current: 14.1
10.1
40.9

Valuation & Return

vs
industry		 vs
history
Price/Tangible Book 1.7
WAL's Price/Tangible Book is ranked lower than
82% of the 798 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.10 vs. WAL: 1.7 )
WAL' s 10-Year Price/Tangible Book Range
Min: 0.4   Max: 3.8
Current: 1.7
0.4
3.8
Price/DCF (Projected) 0.9
WAL's Price/DCF (Projected) is ranked lower than
82% of the 503 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.60 vs. WAL: 0.9 )
WAL' s 10-Year Price/DCF (Projected) Range
Min: 0.4   Max: 0.7
Current: 0.9
0.4
0.7
Price/Median PS Value 1.6
WAL's Price/Median PS Value is ranked lower than
92% of the 854 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 1.00 vs. WAL: 1.6 )
WAL' s 10-Year Price/Median PS Value Range
Min: 0.5   Max: 2.8
Current: 1.6
0.5
2.8
Price/Graham Number 1.1
WAL's Price/Graham Number is ranked lower than
76% of the 763 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 0.80 vs. WAL: 1.1 )
WAL' s 10-Year Price/Graham Number Range
Min: 0.8   Max: 2
Current: 1.1
0.8
2
Earnings Yield (Greenblatt) 7.10
WAL's Earnings Yield (Greenblatt) is ranked higher than
55% of the 745 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 6.50 vs. WAL: 7.10 )
WAL' s 10-Year Earnings Yield (Greenblatt) Range
Min: 2.4   Max: 9.9
Current: 7.1
2.4
9.9
Forward Rate of Return (Yacktman) 8.91
WAL's Forward Rate of Return (Yacktman) is ranked lower than
73% of the 487 Companies
in the Global Banks - Regional - US industry.

( Industry Median: 15.14 vs. WAL: 8.91 )
WAL' s 10-Year Forward Rate of Return (Yacktman) Range
Min: 10.4   Max: 28.9
Current: 8.91
10.4
28.9

Business Description

Western Alliance Bancorporation was incorporated in Nevada. The Company provides a range of banking and related services to locally owned businesses, professional firms, real estate developers and investors, local nonprofit organizations, high net worth individuals and consumers through its subsidiary banks and financial services companies located in Nevada, Arizona, California and Colorado. In addition to traditional lending and deposit gathering capabilities, it also offers an array of financial products and services aimed at satisfying the needs of small to mid-sized businesses and their proprietors, including cash management, trust administration and estate planning, custody and investments and equipment leasing. The Company provides a number of loans to its customers, including commercial and residential real estate loans, construction and land development loans, commercial and industrial loans, Small Business Administration, or SBA loans, and to a lesser extent, consumer loans. It relies mainly on locally generated deposits to provide it with funds for making loans. In addition to these traditional commercial banking capabilities, the Company also provides its customers with cash management, trust administration and estate planning, equipment leasing, custody and investment services and affinity card services resulting in revenue generated from noninterest income. It receives fees from its deposit customers in the form of service fees, checking fees and other fees. Other services such as safe deposit and wire transfers provide additional fee income. The Company's wholly owned subsidiaries are Bank of Nevada and First Independent Bank of Nevada, operating in Nevada, Alliance Bank of Arizona, operating in Arizona, Torrey Pines Bank and Alta Alliance Bank, operating in California, Miller/Russell & Associates, Inc., operating in Nevada, Arizona and Southern California, Premier Trust, Inc., operating in Nevada and Arizona and Shine Investment Advisory Services, Inc., operating in Colorado. The Company competes for loans, deposits and customers with other commercial banks, local community banks, savings and loan associations, securities and brokerage companies, mortgage companies, insurance companies, finance companies, money market funds, credit unions, and other non-bank financial services providers. The Company is subject to certain limitations and restrictions under applicable Nevada corporate law.
Company Website
SEC Reports
Industry: Banks - Regional - US
Compare:MTB, USB, PNC, PB, CFR
ยป More Articles for WAL

Headlines

Articles On GuruFocus.com
Value Idea: Prophecy Resource Corp. May 19 2011 
Western Alliance Ban Corp. Reports Operating Results (10-K) Mar 07 2011 
Western Alliance Ban Corp. Reports Operating Results (10-Q) Nov 08 2010 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 10,000 Shares Nov 23 2009 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 10,000 Shares Nov 19 2009 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 50,000 Shares Nov 16 2009 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 7,000 Shares Nov 16 2009 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 10,000 Shares Nov 16 2009 
Western Alliance Ban Corp. (WAL) CEO Robert Gary Sarver buys 7,000 Shares Nov 13 2009 
Western Alliance Ban Corp. Reports Operating Results (10-Q) Nov 09 2009 

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