Western Alliance Bancorporation (WAL) financial statements (2021 and earlier)

Company profile

Business Address ONE E. WASHINGTON STREET
PHOENIX, AZ 85004
State of Incorp. DE
Fiscal Year End December 31
SIC 6022 - State Commercial Banks (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments2,8391,5791,6575475739991,182
Cash and cash equivalents2,6721,4191,5184164358721,068
Short-term investments167161138131139127115
Total current assets:2,8391,5791,6575475739991,182
Noncurrent Assets
Operating lease, right-of-use asset737170727375 
Property, plant and equipment134128128126126125123
Intangible assets, net (including goodwill), including:299299297297298298298
Goodwill290   290290290
Intangible assets, net (excluding goodwill)9   888
Other undisclosed intangible assets, net (including goodwill) 299297297(0)00
Deferred income tax assets314734    
Amortization method qualified affordable housing project investments406414438416409339322
Total noncurrent assets:942960967912905836743
Other undisclosed assets32,68030,79729,28227,70025,34324,49023,389
TOTAL ASSETS:36,46133,33631,90629,15826,82226,32425,315
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt51010308171514
Total current liabilities:51010308171514
Noncurrent Liabilities
Other undisclosed liabilities33,04330,10128,79425,85123,78923,38622,450
Total liabilities:33,04830,11128,80426,15923,80523,40122,464
Stockholders' equity
Stockholders' equity attributable to parent, including:3,4143,2243,1023,0003,0172,9232,851
Common stock 000000
Treasury stock, value(71)(71)(71)(70)(63)(63)(61)
Additional paid in capital 1,3841,3771,3711,3741,3681,372
Accumulated other comprehensive income92797437253626
Retained earnings2,0011,8331,7221,6621,6801,5821,514
Other undisclosed stockholders' equity attributable to parent1,391      
Total stockholders' equity:3,4143,2243,1023,0003,0172,9232,851
TOTAL LIABILITIES AND EQUITY:36,46133,33631,90629,15826,82226,32425,315

Income statement (P&L) ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Revenues330305318307315316303
Net investment income332305318307315316303
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
34(15)(92)(51)(4)(4)(7)
Gross profit:364290226256311312296
Operating expenses(48)(24)(22)(23)(25)(21)(20)
Other operating income, net
(Noninterest Income, Other Operating Income)
4212222
Operating income:320269205235288292277
Nonoperating income3382222
Investment income, nonoperating2211111
Bank owned life insurance income1171111
Interest and debt expense(17)(20)(20)(38)(43)(49)(48)
Other undisclosed loss from continuing operations before equity method investments, income taxes(66)(85)(80)(96)(93)(90)(84)
Income from continuing operations before income taxes:241167113102154156148
Income tax expense(47)(31)(20)(19)(26)(29)(25)
Net income available to common stockholders, diluted:1941369384128127123

Comprehensive Income ($ in millions)

12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
3/31/2020
Q1
12/31/2019
Q4
9/30/2019
Q3
6/30/2019
Q2
Net income:1941369384128127123
Other comprehensive income (loss)1453612(11)935
Comprehensive income, net of tax, attributable to parent:20714112996117137158

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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