Western Alliance Bancorporation

Western Alliance Bancorporation

WALยทNYSE

$77.75

-0.41%
Financial ServicesBanks - Regional

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. It operates in Commercial, Consumer Related, and Corporate & Other segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; and treasury management and residential mortgage products and services. It also offers commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans. In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, lock box services, courier, and cash management services. Further, it holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities. The company operates 36 branch locations, as well as loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

At a Glance

Live Snapshot
Market Cap$8.49B
EPS8.7900
P/E Ratio8.85
Earnings Date07/16/2026
3Y+78.0%
5Y+295.0%
10Y+614.0%
3Y-8.0%
5Y+91.0%
10Y+273.0%
3Y-219.0%
5Y-500.0%
10Y-1055.0%
Western Alliance Bancorporation

Western Alliance Bancorporation Profit Bridge

WAL ยท NYSE
Revenue5.28B
Cost of Goods Sold (2.05B)
Gross Profit3.22B
Operating Expenses (2.02B)
Operating Income1.21B
Interest Expense (1.83B)
Other Income/Expense0.00
Pretax Income1.21B
Income Tax (216.60M)
Net Income969.00M
Net Income
969.00M

Profitability Analysis

Gross Margin

61.1%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

22.9%

Healthy operating margins demonstrate effective cost control and strong business fundamentals.

Net Profit Margin

18.4%

Strong net margins indicate efficient operations and favorable tax/interest management.

Effective Tax Rate

17.9%

Moderate tax rate typical for most corporations. Represents standard tax burden on profits.

Profitability Insight

Exceptional profitability across all levels: Strong pricing power, efficient operations, and healthy bottom line indicate a high-quality business with sustainable competitive advantages.

Western Alliance Bancorporation Income Statement

WAL โ€ข NYSE

Western Alliance Bancorporation Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
REVENUE
5.3B
5B
4.3B
3B
2B
1.3B
1.3B
1.1B
882.9M
738.6M
550.6M
440M
372.6M
334.1M
295M
284.5M
324.2M
335.4M
328.4M
102.4M
GROSS PROFIT
(2.1B)
(2.1B)
(1.8B)
(543.6M)
(81.3M)
(218.5M)
(203.9M)
(142.6M)
(78.1M)
(51.3M)
(35.8M)
(36.2M)
(43M)
(74.9M)
(85.1M)
(142.5M)
(222.8M)
(168.9M)
(146.2M)
(89M)
3.2B
2.9B
2.5B
2.4B
1.9B
1.1B
1.1B
925.1M
804.8M
687.3M
514.8M
403.8M
329.6M
259.3M
209.9M
142M
101.4M
166.5M
182.2M
13.4M
OPERATING INCOME
(2B)
(2B)
(1.6B)
(1.1B)
(797.9M)
(493.1M)
(478.2M)
(414.8M)
(353M)
(326.1M)
(256.3M)
(206.3M)
(183.9M)
(158.2M)
(159.5M)
(152.6M)
(286.8M)
(457.1M)
(133.8M)
-48M
(144.6M)
(663.8M)
(588.1M)
(561.6M)
(480.2M)
(313.2M)
(290.5M)
(257M)
(218.1M)
(192.4M)
(152.7M)
(128.9M)
(116M)
(107.4M)
(95.3M)
(90.6M)
(143.5M)
(113.9M)
(83.4M)
(54.8M)
1.2B
991.2M
933.6M
1.3B
1.1B
622.5M
604.2M
510.3M
451.8M
361.2M
258.5M
197.5M
145.7M
101.1M
50.3M
-10.6M
-185.4M
-290.6M
48.4M
61.5M
PRE-TAX INCOME
(1.8B)
(1.9B)
(1.7B)
(475.5M)
(109.9M)
(94.9M)
(184.6M)
(117.6M)
(60.8M)
(43.3M)
(32.6M)
(31.5M)
(29.8M)
(28M)
(38.9M)
(49.3M)
(73.7M)
(100.7M)
(125.9M)
(84.3M)
2.9B
2.6B
2.3B
2.2B
1.5B
1.2B
1B
915.9M
784.7M
657.2M
492.6M
384.9M
332.9M
290.3M
257.7M
232.6M
200.3M
189.9M
179.9M
148.8M
(1.9B)
(1.3B)
(976.5M)
(539.6M)
(317.7M)
(179.9M)
(187.7M)
(157.8M)
(134.8M)
(133.7M)
(103.6M)
(77.4M)
(67.9M)
(50.8M)
(64.3M)
(62M)
(143.3M)
(343.2M)
(50.4M)
-102.8M
1.2B
991.2M
933.6M
1.3B
1.1B
622.5M
604.2M
510.3M
451.8M
361.2M
258.5M
197.5M
145.7M
101.1M
50.3M
-10.6M
-185.4M
-290.6M
48.4M
61.5M
NET INCOME
(216.6M)
(203.5M)
(211.2M)
(258.8M)
(223.8M)
(115.9M)
(105M)
(74.5M)
(126.3M)
(101.4M)
(64.3M)
(48.4M)
(29.8M)
(25.9M)
(16.8M)
-6.4M
-38.5M
-54.2M
(15.5M)
(21.6M)
969M
787.7M
722.4M
1.1B
899.2M
506.6M
499.2M
435.8M
325.5M
259.8M
194.2M
148M
115M
72.6M
31.5M
-7.2M
-151.4M
-236.5M
32.9M
39.9M

SEC Filings

WAL - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 12, 2026
May 12, 2026
2026
8-K

8-K 2026

N/A

May 12, 2026
May 08, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 11, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

April 30, 2026
April 30, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 22, 2026
June 10, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
8-K

8-K 2026

N/A

March 06, 2026
March 02, 2026
2026
10-K

10-K 2025 FY

FY

February 23, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 20, 2026
February 20, 2026
2026
8-K

8-K 2026

N/A

February 05, 2026
February 05, 2026
2026
Showing 1 to 10 of 407 filings