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Western Alliance Bancorp (WAL) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Western Alliance Bancorp (WAL) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Western Alliance Bancorp is a bank holding company. It provides specialized banking services including deposit, lending, treasury management, and online banking products and services. The company's primary source of revenue is interest income. Western Alliance Bancorp has a market cap of $4.87 billion; its shares were traded at around $46.45 with a P/E ratio of 11.24 and P/S ratio of 5.38.


For the last quarter Western Alliance Bancorp reported a revenue of $251.5 million, compared with the revenue of $222.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $946.1 million, an increase of 15.1% from last year. For the last five years Western Alliance Bancorp had an average revenue growth rate of 23.4% a year.

The reported diluted earnings per share was $4.14 for the year, an increase of 33.5% from previous year. Over the last five years Western Alliance Bancorp had an EPS growth rate of 25% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Western Alliance Bancorp has the cash and cash equivalents of $498.6 million, compared with $416.8 million in the previous year. The long term debt was $851.5 million, compared with $376.9 million in the previous year. Western Alliance Bancorp has a financial strength rank of 4 (out of 10).

At the current stock price of $46.45, Western Alliance Bancorp is traded at 17.3% premium to its historical median P/S valuation band of $39.61. The P/S ratio of the stock is 5.38, while the historical median P/S ratio is 4.55. The stock lost 20.85% during the past 12 months.

Directors and Officers Recent Trades:

  • Director Bruce D Beach sold 3,750 shares of WAL stock on 02/20/2019 at the average price of $46.55. The price of the stock has decreased by 0.21% since.

For the complete 20-year historical financial data of WAL, click here.

This article first appeared on GuruFocus.