Western Alliance Bancorp (STU:WEA) Credit Losses Provision : €60 Mil (As of Mar. 2024)

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What is Western Alliance Bancorp Credit Losses Provision?

Western Alliance Bancorp's credit losses provision for the three months ended in Mar. 2024 was €14 Mil. Its credit losses provision for the trailing twelve months (TTM) ended in Mar. 2024 was €60 Mil.

Western Alliance Bancorp's quarterly credit losses provision declined from Sep. 2023 (€15 Mil) to Dec. 2023 (€11 Mil) but then increased from Dec. 2023 (€11 Mil) to Mar. 2024 (€14 Mil).

Western Alliance Bancorp's annual credit losses provision increased from Dec. 2021 (€-25 Mil) to Dec. 2022 (€50 Mil) and increased from Dec. 2022 (€50 Mil) to Dec. 2023 (€59 Mil).

Western Alliance Bancorp Credit Losses Provision Historical Data

The historical data trend for Western Alliance Bancorp's Credit Losses Provision can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Western Alliance Bancorp Credit Losses Provision Chart

Western Alliance Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Credit Losses Provision

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17.37

101.60

-25.31

50.41

59.42

Western Alliance Bancorp Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Credit Losses Provision	Get a 7-Day Free Trial															15.04	19.01	15.09	11.00	14.44

Western Alliance Bancorp Credit Losses Provision Calculation

For each period of operations, banks may reserve a portion of their income to cover the possible non-performing loans. The amount of the Credit Losses Provision is dependent on the management's estimate of the load quality they have. The higher Credit Losses Provision is, the lower banks' reported income in. This does not affect banks' cash flow statement.

Credit Losses Provision for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €60 Mil.

Western Alliance Bancorp (STU:WEA) Business Description

Industry

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Address

One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004

Website

https://www.westernalliancebancorporation.com

Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.