Investor Presentaiton
6 Industry-Leading Profitability Drives Capital Generation
Pre-Provision Net Revenue/ Avg. Assets
WAL
Peer Median
2.49% 2.51%
2.50%
2.29%
2.11%
2.24%
•
•
1.86%
1.63%
1.65%
1.71%
1.79%
.
1.62%
Outstanding performance compared to peers with
PPNR/AA and ROAA among highest in industry
Leading earning asset yield of 4.80%
Net Interest Income continues to rise through strong
earning asset growth despite Fed rate actions
70bps linked quarter ROAA decline was primarily due
to $51 million Provision
2015
2016
2017
2018
2019
Q1 2020
ROAA
WAL
Peer Median
2.05%
2.00%
1.72%
1.61%
1.56%
Net Interest Margin
-O-WAL
Peer Median
4.58%
4.65% 4.68%
4.51%
4.52%
4.22%
1.22%
3.57%
1.30%
3.45%
3.48%
1.23%
3.31%
3.28%
3.30%
0.97%
0.97%
0.97%
0.55%
2015
2016
2017
2018
2019
Q1 2020
2015
2016
2017
2018
2019
Q1 2020
WA
Note: Peers consist of 56 publicly-traded banks with total assets between $15B and $150B, excludes companies headquartered in Puerto Rico, mutual holding companies,
target banks of pending acquisitions, and the minority parties in pending MOES as of March 31, 2020; S&P Global Market Intelligence
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