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Western Alliance Bancorp (Western Alliance Bancorp) Debt-to-Equity

: 1.34 (As of Dec. 2023)
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Western Alliance Bancorp's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,603 Mil. Western Alliance Bancorp's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,520 Mil. Western Alliance Bancorp's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $6,078 Mil. Western Alliance Bancorp's debt to equity for the quarter that ended in Dec. 2023 was 1.34.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Western Alliance Bancorp's Debt-to-Equity or its related term are showing as below:

WAL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 0.29   Max: 1.34
Current: 1.34

During the past 13 years, the highest Debt-to-Equity Ratio of Western Alliance Bancorp was 1.34. The lowest was 0.16. And the median was 0.29.

WAL's Debt-to-Equity is ranked worse than
73.1% of 1398 companies
in the Banks industry
Industry Median: 0.7 vs WAL: 1.34

Western Alliance Bancorp Debt-to-Equity Historical Data

The historical data trend for Western Alliance Bancorp's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Western Alliance Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.16 0.19 0.37 1.25 1.34

Western Alliance Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 2.72 1.43 1.60 1.34

Competitive Comparison

For the Banks - Regional subindustry, Western Alliance Bancorp's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Alliance Bancorp Debt-to-Equity Distribution

For the Banks industry and Financial Services sector, Western Alliance Bancorp's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Western Alliance Bancorp's Debt-to-Equity falls into.



Western Alliance Bancorp Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Western Alliance Bancorp's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Western Alliance Bancorp's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Western Alliance Bancorp  (NYSE:WAL) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Western Alliance Bancorp Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Western Alliance Bancorp's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Alliance Bancorp (Western Alliance Bancorp) Business Description

Address
One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.
Executives
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304
Jessica H Jarvi officer: CLO & Secretary 1 E. WASHINGTON STREET, SUITE1400, PHOENIX AZ 85004
Anthony T Meola director 18400 VON KARMAN AVENUE, SUITE 1000, IRVINE CA 92612
Mary E Tuuk director 625 KENMOOR AVE SE, SUITE 301, GRAND RAPIDS MI 49456
Marianne Boyd Johnson director
Tim R Bruckner officer: EVP, Chief Credit Officer ONE E. WASHINGTON ST., SUITE 1400, PHOENIX AZ 85040
Ardrey J. Kelly Jr. officer: SVP, Chief Accounting Officer ONE E. WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
Kevin M Blakely director HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Paul Galant director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Stephen Russell Curley officer: Chief Banking Ofc.-NBL 5103 E. KELTON LANE, SCOTTSDALE AZ 85254
Emily Nachlas officer: Chief Risk Officer 1 E. WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
Donald D Snyder director
Patricia L. Arvielo director 8390 EAST CRESCENT PARKWAY, SUITE 650, GREENWOOD VILLAGE CO 80111
Dale Gibbons officer: EVP and CFO 2700 W. SAHARA AVE., LAS VEGAS NV 89102
Bryan K Segedi director 1 E WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004