Valley National Bancorp (VLY) vs Western Alliance Bancorporation (WAL)

Valley National Bancorp and Western Alliance Bancorporation are both Banks Regional companies. Western Alliance Bancorporation is the larger, with a market value of $8.1B against $7.1B — 1.2× the size. Western Alliance Bancorporation trades at the lower P/E: 8.4× against 10.6×. Western Alliance Bancorporation grew revenue faster over the last twelve months: 10.7% against 1.16%. Valley National Bancorp has the higher net margin (18.7% vs 16.9%) and the lower return on invested capital (5.61% vs 8.11%). Both pay a dividend; Valley National Bancorp yields more (3.47% vs 2.25%). Across the 18 metrics below, Western Alliance Bancorporation leads on 10 and Valley National Bancorp on 8.

Valuation

Metric VLY WAL Banks Regional median
P/E 10.57 8.36 11.98
P/S 1.97 1.41 2.34
P/B 0.93 1.03 1.19
Price to free cash flow 12.55 n/m 10.63
EV/EBITDA — — —
EV/Sales — — —
Earnings yield 9.46% 11.96% 8.23%
Free cash flow yield 7.97% (20.53%) 9.08%

Profitability

Metric VLY WAL Banks Regional median
Gross margin 60.51% 68.81% 69.55%
Operating margin 0.00% 0.00% 0.00%
Net margin 18.66% 16.92% 18.66%
Free cash flow margin 15.72% (28.87%) 21.11%
Return on equity 8.98% 12.94% 10.65%
Return on assets 1.03% 1.04% 1.13%
Return on invested capital 5.61% 8.11% 8.35%

Growth

Metric VLY WAL Banks Regional median
Revenue growth (TTM) 1.16% 10.74% 6.98%
EPS growth (last fiscal year) 46.38% 23.13% 18.88%
Revenue growth, 5-year CAGR 17.40% 32.15% 12.38%
Net income growth, 5-year CAGR 8.53% 13.55% 9.71%

Health

Metric VLY WAL Banks Regional median
Debt to equity 0.34 0.90 0.22
Current ratio 0.96 0.86 0.94
Net debt to EBITDA 0.00 0.00 0.00

Dividend

Metric VLY WAL Banks Regional median
Dividend yield 3.47% 2.25% 2.57%
Payout ratio 0.37 0.19 0.30

Size

Metric VLY WAL Banks Regional median
Market cap 7.05b 8.11b 913.33m

Compare with another peer

Any metric, up to five companies and an Excel export Powerpack