Definitive Analysis
Loading...
Definitive Analysis

Financial Statements

Periods / Units / Analysis

Ticker

Industry

Sector

Western Alliance Bancorporation (WAL)

Company Dividend Discount ModelIndustry: Banks - RegionalSector: Financial Services

Valuation Snapshot

Stable Growth$121.11 - $219.41$162.06
Multi-Stage$94.33 - $102.91$98.54
Blended Fair Value$130.30
Current Price$86.72
Upside50.25%
DecisionBuy

Dividend History & Growth Metrics (10Y)

Metric5Y CAGR10Y CAGR2024202320222021202020192018201720162015
DPS28.08%0.00%1.611.561.521.160.920.470.000.000.000.00
YoY Growth--3.09%3.19%30.25%25.96%97.47%0.00%0.00%0.00%0.00%0.00%
Dividend Yield--2.10%2.50%4.27%1.41%0.98%1.53%0.00%0.00%0.00%0.00%

Stable Growth Model (Adjusted)

(USD in Millions except Per Share Data)
Net Income To Common (M)899.80
(-) Cash Dividends Paid (M)180.40
(=) Cash Retained (M)719.40
MetricLOWBASEHIGH
Required Retention Ratio20.0%12.5%7.5%
(=) Cash Required (M)179.96112.4867.49
Cash Retained (M)719.40719.40719.40
(-) Cash Required (M)-179.96-112.48-67.49
(=) Excess Retained (M)539.44606.93651.92
(/) Shares Outstanding (M)109.63109.63109.63
(=) Excess Retained per Share4.925.545.95
LTM Dividend per Share1.651.651.65
(+) Excess Retained per Share4.925.545.95
(=) Adjusted Dividend6.577.187.59
WACC / Discount Rate11.22%11.22%11.22%
Growth Rate5.50%6.50%7.50%
Fair Value$121.11$162.06$219.41
Upside / Downside39.66%86.87%153.01%

Multi-Stage Model: Projections

(USD in Millions)
MetricTTMDec-27Dec-28Dec-29Dec-30Dec-31Terminal
Net Income (M)899.80958.291,020.581,086.911,157.561,232.801,269.79
Payout Ratio20.05%34.04%48.03%62.02%76.01%90.00%92.50%
Projected Dividends (M)180.40326.19490.18674.10879.861,109.521,174.55

Multi-Stage Valuation

MetricLOWBASEHIGH
WACC / Discount Rate11.22%11.22%11.22%
Growth Rate5.50%6.50%7.50%
Year 1 PV (M)290.53293.29296.04
Year 2 PV (M)388.86396.27403.74
Year 3 PV (M)476.30489.98503.91
Year 4 PV (M)553.73575.02596.92
Year 5 PV (M)621.93651.97683.15
PV of Terminal Value (M)8,009.588,396.458,798.12
Equity Value (M)10,340.9310,802.9611,281.89
Shares Outstanding (M)109.63109.63109.63
Fair Value$94.33$98.54$102.91
Upside / Downside8.78%13.64%18.67%

High-Yield Dividend Screener

« Prev Page 62 of 151 Next »
Ticker Company Dividend Yield % Dividend Per Share Payout Ratio %
5139.KLAEON Credit Service (M) Berhad2.49%$0.1421.23%
MOBA.OLMorrow Bank ASA2.49%$0.4035.32%
NOKIA.HENokia Oyj2.49%$0.1465.00%
SUNI.JKPT Sunindo Pratama Tbk2.49%$20.7827.09%
TIPCO.BKTipco Foods Public Company Limited2.49%$0.1933.58%
003220.KSDaewon Pharmaceutical Co., Ltd.2.48%$297.3678.76%
081000.KSIljin Diamond Co.,Ltd2.48%$298.1639.09%
2489.HKPersistence Resources Group Ltd2.48%$0.0348.82%
2755.TWOYoungQin International Co., Ltd.2.48%$2.9054.00%
5474.TWOYuan High-Tech Development Co., Ltd.2.48%$3.9963.53%
6665.TWOHealthconn Corp.2.48%$0.5186.65%
7276.TKoito Manufacturing Co., Ltd.2.48%$57.3733.13%
BREB.BRBrederode S.A.2.48%$2.6620.88%
ICBP.JKPT Indofood CBP Sukses Makmur Tbk2.48%$200.0025.69%
ILU.AXIluka Resources Limited2.48%$0.1513.66%
LOXLEY.BKLoxley Public Company Limited2.48%$0.0332.70%
203450.KQUNION biometrics Co., Ltd.2.47%$77.4517.43%
300138.SZChenGuang Biotech Group Co., Ltd.2.47%$0.3144.10%
600854.SSJiangsu chunlan refrigerating equipment stock co.,ltd.2.47%$0.1253.56%
601108.SSCaitong Securities Co.,Ltd.2.47%$0.2238.34%
ACTINVRB.MXCorporación Actinver, S. A. B. de C. V.2.47%$0.5516.64%
ALCIS.PACatering International & Services S.A.2.47%$0.3426.64%
QBR-A.TOQuebecor Inc.2.47%$1.3738.63%
U13.SIUnited Overseas Insurance Limited2.47%$0.1947.92%
002415.SZHangzhou Hikvision Digital Technology Co., Ltd.2.46%$0.7451.16%
2897.TNissin Foods Holdings Co.,Ltd.2.46%$71.7542.73%
300144.SZSongcheng Performance Development Co.,Ltd2.46%$0.2066.36%
300257.SZKaishan Group Co., Ltd.2.46%$0.3585.09%
4452.TKao Corporation2.46%$153.9058.66%
6530.TWOAxcen Photonics Corporation2.46%$1.5382.52%
6571.TQB Net Holdings Co.,Ltd.2.46%$34.3143.61%
7298.TYachiyo Industry Co., Ltd.2.46%$34.0716.58%
2478.TWTA-I Technology Co., Ltd.2.45%$1.5253.44%
603305.SSNingbo Xusheng Auto Technology Co., Ltd.2.45%$0.4098.16%
603919.SSJINHUI LIQUOR Co.,Ltd.2.45%$0.5065.59%
688616.SSHangzhou Xili Intelligent Technology Co.,Ltd2.45%$0.3055.59%
KALMAR.HEKalmar Oyj2.45%$1.0044.14%
TOWR.JKPT Sarana Menara Nusantara Tbk.2.45%$14.3423.50%
VIVT3.SATelefônica Brasil S.A.2.45%$0.8042.63%
103140.KSPoongsan Corporation2.44%$2,600.4939.75%
300017.SZWangsu Science & Technology Co.,Ltd.2.44%$0.2572.18%
3086.TJ. Front Retailing Co., Ltd.2.44%$53.5343.66%
600182.SSGiti Tire Corporation2.44%$0.3789.97%
600785.SSYinchuan Xinhua Commercial (Group) Co., Ltd.2.44%$0.3355.95%
601636.SSZhuzhou Kibing Group Co.,Ltd2.44%$0.1564.94%
ELET5.SACentrais Elétricas Brasileiras S.A. - Eletrobrás2.44%$1.9263.99%
LISN.SWChocoladefabriken Lindt & Sprüngli AG2.44%$2,845.6050.18%
SCA-A.STSvenska Cellulosa Aktiebolaget SCA (publ)2.44%$3.0059.52%
000858.SZWuliangye Yibin Co.,Ltd.2.43%$2.5835.17%
002328.SZShanghai Xinpeng Industry Co.,Ltd.2.43%$0.1682.89%