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Western Alliance Bancorp (BSP:WABC34) Long-Term Capital Lease Obligation : R$877 Mil (As of Dec. 2023)


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What is Western Alliance Bancorp Long-Term Capital Lease Obligation?

Western Alliance Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$877 Mil.

Western Alliance Bancorp's quarterly Long-Term Capital Lease Obligation increased from Jun. 2023 (R$869 Mil) to Sep. 2023 (R$889 Mil) but then declined from Sep. 2023 (R$889 Mil) to Dec. 2023 (R$877 Mil).

Western Alliance Bancorp's annual Long-Term Capital Lease Obligation increased from Dec. 2021 (R$809 Mil) to Dec. 2022 (R$970 Mil) but then declined from Dec. 2022 (R$970 Mil) to Dec. 2023 (R$877 Mil).


Western Alliance Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Western Alliance Bancorp's Long-Term Capital Lease Obligation 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 Long-Term Capital Lease Obligation Chart

Western Alliance Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Long-Term Capital Lease Obligation
Get a 7-Day Free Trial Premium Member Only Premium Member Only 320.56 411.06 808.65 970.40 877.06

Western Alliance Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Long-Term Capital Lease Obligation Get a 7-Day Free Trial 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 958.38 868.81 888.97 877.06 856.53

Western Alliance Bancorp  (BSP:WABC34) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Western Alliance Bancorp Long-Term Capital Lease Obligation Related Terms

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Western Alliance Bancorp (BSP:WABC34) Business Description

Traded in Other Exchanges
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.

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