WESTERN ALLIANCE BANCORPORATION

WAL-PA ·Financial, Banks - Regional, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $959.0M $830.0M $700.1M $522.3M $409.5M $355.1M $336.8M $292.1M
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $627.9M $512.7M $404.5M $291.1M $229.0M $175.4M $129.1M $89.3M
Operating Margin 65.5% 61.8% 57.8% 55.7% 55.9% 49.4% 38.3% 30.6%
Interest Expense $117.6M $60.8M $43.3M $32.6M $31.5M $29.8M $28.0M $38.9M
Pretax Income $510.3M $451.8M $361.2M $258.5M $197.5M $145.7M $101.1M $50.3M
Income Tax Expense $74.5M $126.3M $101.4M $64.3M $48.4M $29.8M $25.9M $16.8M
Net Income $435.8M $325.5M $259.8M $194.2M $148.0M $115.0M $72.6M $31.5M
Net Margin 45.4% 39.2% 37.1% 37.2% 36.1% 32.4% 21.6% 10.8%
EPS (Basic) $4.16 $3.12 $2.52 $2.05 $1.69 $1.33 $0.84 $0.19
EPS (Diluted) $4.14 $3.10 $2.50 $2.03 $1.67 $1.31 $0.83 $0.19
Shares Outstanding (Basic) 104.7M 104.2M 103.0M 94.6M 86.7M 85.7M 82.3M 80.9M
Shares Outstanding (Diluted) 105.4M 105.0M 103.8M 95.2M 87.5M 86.5M 82.9M 81.2M
Dividends Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
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