Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024)
Western Alliance Bancorporation (WAL) posted quarterly Mortgage Banking of $10.8 million for Q2 2024, down 48.08% year-over-year from $20.8 million in Q3 2023, and up 9.09% on a QoQ basis from $9.9 million in Q1 2024.
Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024) Analysis & Trends
Western Alliance Bancorporation has reported Mortgage Banking for 8 years, with the latest figure at $10.8 million in Q2 2024.
- Mortgage Banking for Q2 2024 came in at $10.8 million, down 48.08% year-over-year; the trailing twelve-month figure through Jun 2024 was $66.7 million (up 56.21% YoY), and the FY2023 annual result was $76.3 million, up 182.59% from the prior year.
- Mortgage Banking advanced to $10.8 million in Q2 2024, from $9.9 million in the prior quarter.
- Over five years, Mortgage Banking peaked at $23.3 million in Q3 2023 and troughed at $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.
- The widest annual swing landed in 2023, when Mortgage Banking jumped 284.75%; it then slumped 48.08% in 2024.
- A 5-year view of Mortgage Banking shows it stood at $5.9 million in 2020, then grew by 20.34% to $7.1 million in 2021, then dropped by 16.9% to $5.9 million in 2022, then jumped by 284.75% to $22.7 million in 2023, then slumped by 52.42% to $10.8 million in 2024.
- Per Business Quant data, the three most recent Mortgage Banking figures were $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 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Western Alliance Bancorporation | 8.59 Bn | 2.57 Bn | - |
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 |