Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024)
Western Alliance Bancorporation (WAL) reported Mortgage Banking of $10.8 million for Q2 2024, down 48.08% on a YoY basis from $20.8 million in Q3 2023, and up 9.09% sequentially from $9.9 million in Q1 2024.
Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024) Analysis & Trends
Western Alliance Bancorporation (WAL) has 8 years of Mortgage Banking data on file, last reported at $10.8 million in Q2 2024.
- For the quarter ending Q2 2024, Mortgage Banking fell 48.08% year-over-year to $10.8 million; the trailing twelve-month figure through Jun 2024 stood at $66.7 million (up 56.21% YoY), and the FY2023 full-year result was $76.3 million, up 182.59% from the prior year.
- Mortgage Banking improved to $10.8 million in Q2 2024, from $9.9 million in the prior quarter.
- In the past five years, Mortgage Banking ranged from a high of $23.3 million in Q3 2023 to a low of $5.1 million in Q2 2020.
- A 5-year average of $9.8 million and a median of $7.1 million in 2021 frame the typical range for Mortgage Banking.
- Across the five-year window, Mortgage Banking jumped 284.75% in 2023 and plunged 48.08% in 2024, its largest moves.
- Tracing WAL's Mortgage Banking over 5 years: stood at $5.9 million in 2020, then gained by 20.34% to $7.1 million in 2021, then retreated by 16.9% to $5.9 million in 2022, then jumped by 284.75% to $22.7 million in 2023, then sank by 52.42% to $10.8 million in 2024.
- Business Quant data shows WAL's Mortgage Banking at $10.8 million in Q2 2024, $9.9 million in Q1 2024, and $22.7 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - |
| 10 | Western Alliance Bancorporation | 8.99 Bn | 355.17 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 10.80 Mn |
| Mar 31, 2024 | 9.90 Mn |
| Dec 31, 2023 | 22.70 Mn |
| Sep 30, 2023 | 23.30 Mn |
| Jun 30, 2023 | 20.80 Mn |
| Mar 31, 2023 | 9.50 Mn |
| Dec 31, 2022 | 5.90 Mn |
| Sep 30, 2022 | 6.50 Mn |
| Jun 30, 2022 | 7.60 Mn |
| Mar 31, 2022 | 7.00 Mn |
| Dec 31, 2021 | 7.10 Mn |
| Sep 30, 2021 | 7.10 Mn |
| Jun 30, 2021 | 7.40 Mn |
| Mar 31, 2021 | 6.70 Mn |
| Dec 31, 2020 | 5.90 Mn |
| Sep 30, 2020 | 5.90 Mn |
| Jun 30, 2020 | 5.10 Mn |
| Mar 31, 2020 | 6.40 Mn |
| Dec 31, 2019 | 6.18 Mn |
| Sep 30, 2019 | 5.89 Mn |