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WAL (Western Alliance Bancorp) Asset Turnover : 0.01 (As of Dec. 2024)


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What is Western Alliance Bancorp Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Western Alliance Bancorp's Revenue for the three months ended in Dec. 2024 was $836 Mil. Western Alliance Bancorp's Total Assets for the quarter that ended in Dec. 2024 was $80,507 Mil. Therefore, Western Alliance Bancorp's Asset Turnover for the quarter that ended in Dec. 2024 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Western Alliance Bancorp's annualized ROE % for the quarter that ended in Dec. 2024 was 12.96%. It is also linked to ROA % through Du Pont Formula. Western Alliance Bancorp's annualized ROA % for the quarter that ended in Dec. 2024 was 1.08%.


Western Alliance Bancorp Asset Turnover Historical Data

The historical data trend for Western Alliance Bancorp's Asset Turnover 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 Asset Turnover Chart

Western Alliance Bancorp Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.04 0.04 0.04 0.04

Western Alliance Bancorp Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Western Alliance Bancorp's Asset Turnover

For the Banks - Regional subindustry, Western Alliance Bancorp's Asset Turnover, along with its competitors' market caps and Asset Turnover 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's Asset Turnover Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Western Alliance Bancorp's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Western Alliance Bancorp's Asset Turnover falls into.



Western Alliance Bancorp Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Western Alliance Bancorp's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=3162.1/( (70862+80934)/ 2 )
=3162.1/75898
=0.04

Western Alliance Bancorp's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=835.6/( (80080+80934)/ 2 )
=835.6/80507
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Western Alliance Bancorp  (NYSE:WAL) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Western Alliance Bancorp's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=867.6/6692
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(867.6 / 3342.4)*(3342.4 / 80507)*(80507/ 6692)
=Net Margin %*Asset Turnover*Equity Multiplier
=25.96 %*0.0415*12.0303
=ROA %*Equity Multiplier
=1.08 %*12.0303
=12.96 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Western Alliance Bancorp's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=867.6/80507
=(Net Income / Revenue)*(Revenue / Total Assets)
=(867.6 / 3342.4)*(3342.4 / 80507)
=Net Margin %*Asset Turnover
=25.96 %*0.0415
=1.08 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Western Alliance Bancorp Asset Turnover Related Terms

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


Western Alliance Bancorp 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. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking. Corporate & Other.
Executives
Bryan K Segedi director 1 E WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
Robert P Latta director 650 PAGE MILL ROAD, PALO ALTO CA 94304
Marianne Boyd Johnson director
Barbara Kennedy officer: Chief Human Resources Officer P.O. BOX 29243, PHOENIX AZ 85038-9243
Stephen Russell Curley officer: Chief Banking Ofc.-NBL 5103 E. KELTON LANE, SCOTTSDALE AZ 85254
Ardrey J. Kelly Jr. officer: SVP, Chief Accounting Officer ONE E. WASHINGTON STREET, SUITE 1400, PHOENIX AZ 85004
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
Tim R Bruckner officer: EVP, Chief Credit Officer ONE E. WASHINGTON ST., SUITE 1400, PHOENIX AZ 85040
Kevin M Blakely director HUNTINGTON CENTER, 41 S. HIGH STREET, COLUMBUS OH 43287
Paul Galant director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
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