WallStSmart

U.S. Bancorp (USB)vsWestern Alliance Bancorporation (WAL)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

U.S. Bancorp generates 694% more annual revenue ($26.35B vs $3.32B). WAL leads profitability with a 29.2% profit margin vs 28.7%. WAL appears more attractively valued with a PEG of 1.47. WAL earns a higher WallStSmart Score of 79/100 (B+).

USB

Strong Buy

75

out of 100

Grade: B

Growth: 7.3Profit: 7.5Value: 10.0Quality: 5.3
Piotroski: 5/9Altman Z: 0.39

WAL

Strong Buy

79

out of 100

Grade: B+

Growth: 9.3Profit: 7.5Value: 10.0Quality: 4.5
Piotroski: 4/9
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

USBUndervalued (+75.8%)

Margin of Safety

+75.8%

Fair Value

$214.00

Current Price

$51.89

$162.11 discount

UndervaluedFair: $214.00Overvalued
WALUndervalued (+76.8%)

Margin of Safety

+76.8%

Fair Value

$408.56

Current Price

$70.74

$337.82 discount

UndervaluedFair: $408.56Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

USB6 strengths · Avg: 9.3/10
P/E RatioValuation
11.3x10/10

Attractively priced relative to earnings

Price/BookValuation
1.4x10/10

Reasonable price relative to book value

Operating MarginProfitability
39.3%10/10

Strong operational efficiency at 39.3%

Market CapQuality
$81.01B9/10

Large-cap with strong market position

Profit MarginProfitability
28.7%9/10

Keeps 29 of every $100 in revenue as profit

EPS GrowthGrowth
24.7%8/10

Earnings expanding 24.7% YoY

WAL6 strengths · Avg: 9.2/10
P/E RatioValuation
8.0x10/10

Attractively priced relative to earnings

Price/BookValuation
1.0x10/10

Reasonable price relative to book value

Operating MarginProfitability
41.1%10/10

Strong operational efficiency at 41.1%

Profit MarginProfitability
29.2%9/10

Keeps 29 of every $100 in revenue as profit

Revenue GrowthGrowth
16.6%8/10

16.6% revenue growth

EPS GrowthGrowth
32.8%8/10

Earnings expanding 32.8% YoY

Areas to Watch

USB2 concerns · Avg: 3.0/10
PEG RatioValuation
1.804/10

Expensive relative to growth rate

Altman Z-ScoreHealth
0.392/10

Distress zone — elevated risk

WAL1 concerns · Avg: 2.0/10
Free Cash FlowQuality
$-118.20M2/10

Negative free cash flow — burning cash

Comparative Analysis Report

WallStSmart Research

Bull Case : USB

The strongest argument for USB centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 28.7% and operating margin at 39.3%.

Bull Case : WAL

The strongest argument for WAL centers on P/E Ratio, Price/Book, Operating Margin. Profitability is solid with margins at 29.2% and operating margin at 41.1%. Revenue growth of 16.6% demonstrates continued momentum.

Bear Case : USB

The primary concerns for USB are PEG Ratio, Altman Z-Score.

Bear Case : WAL

The primary concerns for WAL are Free Cash Flow.

Key Dynamics to Monitor

USB profiles as a mature stock while WAL is a growth play — different risk/reward profiles.

WAL carries more volatility with a beta of 1.34 — expect wider price swings.

WAL is growing revenue faster at 16.6% — sustainability is the question.

USB generates stronger free cash flow (2.8B), providing more financial flexibility.

Bottom Line

WAL scores higher overall (79/100 vs 75/100), backed by strong 29.2% margins and 16.6% revenue growth. USB offers better value entry with a 75.8% margin of safety. Both earn "Strong Buy" and "Strong Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

U.S. Bancorp

FINANCIAL SERVICES · BANKS - REGIONAL · USA

U.S. Bancorp is an American bank holding company based in Minneapolis, Minnesota, and incorporated in Delaware. The company provides banking, investment, mortgage, trust, and payment services products to individuals, businesses, governmental entities, and other financial institutions.

Western Alliance Bancorporation

FINANCIAL SERVICES · BANKS - REGIONAL · USA

Western Alliance Bancorporation is the banking holding company for Western Alliance Bank offering various banking products and related services primarily in Arizona, California and Nevada. The company is headquartered in Phoenix, Arizona.

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