COMP <GO>
WAL vs HSBC // ALTMAN Z-SCORE & DEBT/EQUITY
Western Alliance Bancorporation Common Stock (DE) (NYSE) VS. HSBC Holdings plc. (NYSE) • 15-METRIC TALLY: WAL 6
— HSBC 7
▲ ALTMAN Z-SCORE & DEBT/EQUITY LEADER: HSBC
LAST: $76.29 (-1.94%) • MKT CAP: $8.49B
balance-sheet
0.45
LAST: $85.42 (-1.36%) • MKT CAP: $297.33B
balance-sheet
3.74
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (WAL VS. HSBC)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | WAL | HSBC | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 41.00% | 41.00% | 0.00 | TIE | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | 2.90% | 9.90% | -7.00 | HSBC | /roic <GO> |
| EV/EBITDA & P/E Valuation | 27.8x | 21.0x | +6.80 | HSBC | /valuation <GO> |
| Free Cash Flow Yield | -18.00% | 2.21% | -20.21 | HSBC | /fcf-yield <GO> |
| Operating Margin | 75.00% | 13.90% | +61.10 | WAL | /operating-margins <GO> |
| Net Profit Margin | 68.00% | 10.90% | +57.10 | WAL | /net-margins <GO> |
| Revenue Growth (YoY) | 99.70% | 23.10% | +76.60 | WAL | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity ACTIVE | 0.45 | 3.74 | -3.29 | HSBC | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 8/9 | -3.00 | HSBC | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | 6.80% | 6.60% | +0.20 | HSBC | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 50.8 | 25.0 | +25.81 | WAL | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta | 0.96 | 0.92 | +0.04 | WAL | /macro-sensitivity <GO> |
| Forward P/E Multiple | 7.4x | 27.6x | -20.20 | WAL | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $8.49B | $297.33B | -$288.84B | HSBC | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | WAL REV | HSBC REV | WAL GROSS % | HSBC GROSS % | WAL FCF | HSBC FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $135.8M | — | 44.0% | — | -$2.69B | — |
| FY 2024 | $68.0M | — | 44.0% | — | -$2.75B | — |
| FY 2023 | $98.6M | — | 44.0% | — | -$333.0M | — |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
WAL // BETA 0.96
HSBC // BETA 0.92