Western Alliance Bancorporation Financial Ratios — WAL-PA

Profitability (USD)

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Return on Common Equity (%)	- -	- -	- -	- -	111.17	66.18	47.49	40.9	23.02	15.72	22.03	19.77	14.13	17.14	18.33
Return on Assets (%)	0.48	1	1.36	1.49	1.56	1.65	1.73	2.01	2	1.6	1.95	1.71	1.04	1.04	1.12
Return on Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Return on Invested Capital (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Gross Margin (%)	100	100	100	100	100	100	100	100	100	100	100	100	100	100	100
EBITDA Margin (%)	4.15	3.12	2.69	- -	1.63	1.8	1.63	1.51	2.63	2.79	2.64	3	3.38	3.83	3.75
Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Incremental Operating Margin (%)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Pretax Margin (%)	19.66	33.02	42.49	48.34	49.91	51.94	54.96	53.71	54.84	50.23	59.35	52.95	36.46	32.04	34.75
Profit Margin (%)	12.3	23.73	33.54	36.21	37.5	37.36	39.59	45.87	45.31	40.88	47.52	42.54	28.21	25.46	27.89
Net Income to Common Margin (%)	5.97	22.49	33.12	35.87	37.35	37.36	39.59	45.87	45.31	40.88	47.33	42.03	27.71	25.05	27.53
Effective Tax Rate (%)	33.47	25.66	20.48	24.5	24.87	28.07	27.96	14.6	17.38	18.62	19.93	19.66	22.62	20.53	17.94
Dvd Payout Ratio (%)	-53.07	- -	- -	- -	- -	- -	- -	- -	10.28	20	13.86	14.69	22.36	21.16	17.21
Sustainable Growth Rate (%)	- -	- -	- -	- -	111.17	66.18	47.49	40.9	20.65	12.57	18.98	16.87	10.97	13.51	15.18

Credit (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Total Debt	390	230	383	431	360	448	767	595	472	634	1,849	6,710	7,747	6,617	6,476
ST Debt	278	120	29	180	150	80	390	235	- -	5	35	4,325	6,227	3,137	3,848
LT Debt	112	110	354	251	210	368	377	360	472	629	1,814	2,385	1,520	3,480	2,628
Total Debt/EBITDA	36.74	24.05	41.46	- -	42.56	35.85	57.26	41.64	16.27	18.31	36.98	89.95	89.56	55.84	49.78
Net Debt/EBITDA	22.15	2.65	8.38	- -	16.03	13.08	26.14	6.78	-1.41	-61.21	23.8	73.49	69.27	19.93	20.91
Total Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Debt/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA-CapEx/Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBIT to Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Interest Expense	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-3.56	-2.29	-0.66	0.81	1.84	3.04	4.17	5.55	11.39	9.3	8.47	8.6	5.95	5.96	6.04
Long-Term Debt/Equity (%)	17.59	14.47	41.39	25.03	13.22	19.45	16.9	13.79	15.64	18.42	36.55	44.53	25.01	51.89	33.07
Long-Term Debt/Capital (%)	38.91	55.95	76.49	42.7	33.76	37.92	23.33	19.19	13.38	15.61	26.35	18.59	12.4	29.65	20.74
Long-Term Debt/Total Assets (%)	1.64	1.44	3.8	2.36	1.47	2.14	1.85	1.56	1.76	1.72	3.24	3.52	2.15	4.3	2.83
Total Debt/Equity (%)	61.3	30.27	44.76	43.03	22.64	23.68	34.4	22.78	15.64	18.56	37.26	125.28	127.46	98.66	81.5
Total Debt/Capital (%)	135.62	117.03	82.74	73.42	57.84	46.16	47.48	31.7	13.38	15.74	26.86	52.29	63.2	56.37	51.11
Total Debt/Total Assets (%)	5.7	3.02	4.11	4.06	2.52	2.6	3.77	2.58	1.76	1.74	3.3	9.91	10.93	8.18	6.98
Net Debt to Equity	36.96	3.33	9.05	26.61	8.53	8.64	15.7	3.71	-1.36	-62.05	23.98	102.35	98.59	35.22	34.23
Net Debt/Capital (%)	177.18	-310.48	49.22	63.07	34.06	23.83	29.21	7.02	-1.33	-156.4	18.69	46.5	56.1	30.91	29.97
EBITDA	11	10	9	- -	8	12	13	14	29	35	50	75	86	118	130
EBITDA-CapEx	11	10	9	- -	-2	2	5	12	-5	8	-19	-66	-28	35	16
Operating Income (Loss)	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Liquidity (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Cash Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Current Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Quick Ratio	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
CFO/Avg Current Liab	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Common Equity/Total Assets	-3.56	-2.29	-0.66	0.81	1.84	3.04	4.17	5.55	11.39	9.3	8.47	8.6	5.95	5.96	6.04
Long-Term Debt/Equity (%)	17.59	14.47	41.39	25.03	13.22	19.45	16.9	13.79	15.64	18.42	36.55	44.53	25.01	51.89	33.07
Long-Term Debt/Capital (%)	38.91	55.95	76.49	42.7	33.76	37.92	23.33	19.19	13.38	15.61	26.35	18.59	12.4	29.65	20.74
Long-Term Debt/Total Assets (%)	1.64	1.44	3.8	2.36	1.47	2.14	1.85	1.56	1.76	1.72	3.24	3.52	2.15	4.3	2.83
Total Debt/Equity (%)	61.3	30.27	44.76	43.03	22.64	23.68	34.4	22.78	15.64	18.56	37.26	125.28	127.46	98.66	81.5
Total Debt/Capital (%)	135.62	117.03	82.74	73.42	57.84	46.16	47.48	31.7	13.38	15.74	26.86	52.29	63.2	56.37	51.11
Total Debt/Total Assets (%)	5.7	3.02	4.11	4.06	2.52	2.6	3.77	2.58	1.76	1.74	3.3	9.91	10.93	8.18	6.98
CFO/Total Liabilities	2.3	0.28	0.69	0.4	1.74	1.83	2.12	2.64	3.02	2.03	-5.2	3.6	-0.51	-3.69	-3.16
CFO/CapEx	- -	- -	- -	- -	20.3	26.54	43.31	284.74	21.24	25.01	-38.24	15.92	-2.87	-32.72	-23.44
Altman's Z-Score	-0.01	0.01	0.03	0.05	0.06	0.08	0.1	0.12	0.13	0.11	0.11	0.12	0.12	0.12	0.12

Working Capital (USD)

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	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Accounts Receivable Turnover

- -

Days Sales Outstanding

- -

Inventory Turnover

- -

Days Inventory Outstanding

- -

Accounts Payable Turnover

- -

Accounts Payable Turnover Days

- -

Cash Conversion Cycle

- -

Inventory to Cash Days

- -

Inventories

- -

Raw Materials

- -

Work In Process

- -

Finished Goods

- -

Other Inventory

- -

Enterprise Value (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Market Capitalization	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Cash & Cash Equivalents	155	205	306	164	225	284	417	499	435	2,672	516	1,043	1,576	4,096	3,596
+ Preferred Equity and Hybrid Capital	141	141	141	70	- -	- -	- -	- -	- -	- -	295	295	295	295	295
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	293
+ Total Debt	390	230	383	431	360	448	767	595	472	634	1,849	6,710	7,747	6,617	6,476
Enterprise Value	-814	-773	-1,152	-1,183	-1,847	-2,446	-3,149	-3,180	-3,309	-6,747	-4,561	-1,130	-4,699	-10,652	-6,893
Total Capital	288	196	463	587	623	970	1,615	1,878	3,526	4,026	6,883	12,832	12,257	11,738	12,671
Total Debt/Capital (%)	135.62	117.03	82.74	73.42	57.84	46.16	47.48	31.7	13.38	15.74	26.86	52.29	63.2	56.37	51.11
Total Debt / EV	-0.48	-0.3	-0.33	-0.36	-0.2	-0.18	-0.24	-0.19	-0.14	-0.09	-0.41	-5.94	-1.65	-0.62	-0.94
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.28	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.51	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Free Cash Flow to Firm	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Market Cap	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted Enterprise Value	376	166	218	337	136	163	350	97	37	-2,038	1,628	5,962	6,466	2,816	3,468
EV per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Sales	256	306	343	409	518	695	822	950	1,102	1,239	1,892	2,485	2,561	3,094	3,474
TTM EBITDA	11	10	9	- -	8	12	13	14	29	35	50	75	86	118	130
TTM Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
TTM Cash Flow to Firm	142	19	58	38	220	281	384	541	718	670	-2,654	2,245	-329	-2,742	-2,679
TTM Free Cash Flow to Firm	142	19	58	38	231	291	393	543	752	697	-2,585	2,386	-214	-2,658	-2,565

Multiples (USD)

API ChatGPT

	2011 Y	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y
As of date	12/31/2011	12/31/2012	12/31/2013	12/31/2014	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025

Price/Free Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Enterprise Value	-814	-773	-1,152	-1,183	-1,847	-2,446	-3,149	-3,180	-3,309	-6,747	-4,561	-1,130	-4,699	-10,652	-6,893
Low Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	25.3	19.49	6.32	16.11	20.5
EV/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1.28	- -	- -
EV/EBITDA	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	31.51	- -	- -
Price/Earnings	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Earnings Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Tangible Book Value Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Sales Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Price/Free Cash Flow Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/Sales Average	1.47	0.54	0.64	0.82	0.26	0.24	0.43	0.1	0.03	- -	0.86	2.4	2.52	0.91	1
EV/Sales High	1.47	0.54	0.64	0.82	0.26	0.24	0.43	0.1	0.03	- -	0.86	2.4	2.52	0.91	1
EV/Sales Low	1.47	0.54	0.64	0.82	0.26	0.24	0.43	0.1	0.03	- -	0.86	2.4	2.52	0.91	1
EV/EBITDA Average	35.42	17.39	23.65	- -	16.03	13.08	26.14	6.78	1.28	-58.9	32.56	79.92	74.75	23.76	26.66
EV/EBITDA High	35.42	17.39	23.65	- -	16.03	13.08	26.14	6.78	1.28	-58.9	32.56	79.92	74.75	23.76	26.66
EV/EBITDA Low	35.42	17.39	23.65	- -	16.03	13.08	26.14	6.78	1.28	-58.9	32.56	79.92	74.75	23.76	26.66
EV/EBIT Average	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT High	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EV/EBIT Low	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Last Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.2	20.16	17.25	22.17	22.68
High Price	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	26.62	26.31	21.84	22.55	25
Enterprise Value Average	376	166	218	337	136	163	350	97	37	-2,038	1,628	5,962	6,466	2,816	3,468
Enterprise Value High	376	166	218	337	136	163	350	97	37	-2,038	1,628	5,962	6,466	2,816	3,468
Enterprise Value Low	376	166	218	337	136	163	350	97	37	-2,038	1,628	5,962	6,466	2,816	3,468

Shares Outstanding	82	86	87	89	103	105	105	105	103	103	107	109	109	110	110
Diluted Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic Weighted Avg Shares	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Revenue per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
EBITDA per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Operating Income per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Basic EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS, GAAP	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Diluted EPS from Cont Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash Flow per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Free Cash Flow per Basic Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash & Equivalents per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Tangible Book Value per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -

Western Alliance Bancorporation

Profitability (USD)

Credit (USD)

Liquidity (USD)

Working Capital (USD)

Enterprise Value (USD)

Multiples (USD)

Per Share Data Items (USD)