Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024)
Western Alliance Bancorporation's (WAL) quarterly Mortgage Banking came in at $10.8 million in Q2 2024, down 48.08% year-over-year from $20.8 million in Q3 2023, and up 9.09% quarter-over-quarter from $9.9 million in Q1 2024.
Analysis
Western Alliance Bancorporation (WAL) Mortgage Banking (2017 - 2024) Analysis & Trends
Western Alliance Bancorporation has disclosed Mortgage Banking across 8 years of filings, most recently posting $10.8 million for Q2 2024.
- In Q2 2024, Mortgage Banking fell 48.08% year-over-year to $10.8 million; the TTM figure through Jun 2024 stood at $66.7 million (up 56.21% YoY), while the FY2023 annual figure was $76.3 million, up 182.59% from the prior year.
- Mortgage Banking came in at $10.8 million for Q2 2024 at Western Alliance Bancorporation, up 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.
- Average Mortgage Banking over 5 years is $9.8 million, with a median of $7.1 million recorded in 2021.
- Year-over-year, Mortgage Banking surged 284.75% in 2023 and sank 48.08% in 2024.
- Over 5 years, Mortgage Banking stood at $5.9 million in 2020, then advanced by 20.34% to $7.1 million in 2021, then decreased by 16.9% to $5.9 million in 2022, then surged 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - |
| 10 | Western Alliance Bancorporation | 8.55 Bn | 2.53 Bn | - |
Historic Data
Download Data
Historic 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 |