$77.75
-0.41%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.
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Flat FCF growth. Stable but not expandingโmonitor for signs of business maturity or temporary headwinds.
Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
WAL โข NYSE
| Western Alliance Bancorporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2008 | Dec 2007 | Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||||||||||
976.4M | 787.7M | 722.4M | 1.1B | 899.2M | 506.6M | 499.2M | 435.8M | 325.5M | 259.8M | 194.2M | 148M | 114.5M | 72.8M | 31.5M | -7.2M | -151.4M | -236.5M | 32.9M | 39.9M | |
0.0 | 118.5M | 86.5M | 74.6M | 50M | 34.6M | 29M | 14.3M | 13.4M | 12.5M | 8.5M | 0.0 | 9.2M | 9.6M | 10.6M | 14.1M | 15.5M | 12.9M | 12.8M | 6.7M | |
0.0 | 12.4M | -24.9M | -68.6M | 42M | -25.1M | -5.1M | -16.7M | 88.5M | 7.6M | 3.3M | 0.0 | -12.4M | 21.7M | 15.3M | -7.6M | -46.3M | -11M | -4.2M | 3M | |
0.0 | 47.7M | 34.3M | 39.8M | 35.1M | 28.7M | 26.2M | 25.7M | 23.6M | 20.3M | 25.5M | 0.0 | 7.7M | 6.3M | 4.3M | 7.5M | 8.8M | 10.1M | 0.0 | 0.0 | |
-3.5B | -3.9B | -1.3B | 1.2B | -3.5B | 140.4M | 30.1M | 61.2M | 19.9M | 5.8M | -1.3M | -109.6M | -113.2M | -51.7M | 69.3M | 106.5M | 249.2M | 362.2M | 26.5M | 12.6M | |
(0.0) | (1.3M) | (63.6M) | (197.6M) | (175.7M) | (44.2M) | (0.0) | (18.8M) | (99.4M) | (61.3M) | (54.6M) | (32.2M) | (19.1M) | (1.7M) | (0.0) | (0.0) | (47.2M) | (7M) | (0.0) | (0.0) | |
-136.8M | 234.9M | 114.7M | -38.7M | -157.6M | -15M | 138.4M | 20.7M | -87M | -25.4M | -9.7M | 0.0 | 52.1M | -39.5M | 11.5M | -113M | -942K | -56.7M | -13.2M | -18.4M | |
-2.7B | -2.7B | -328.6M | 2.2B | -2.7B | 670.2M | 717.8M | 541M | 383.8M | 280.6M | 220.4M | 38.4M | 58.4M | 19M | 142.3M | 300K | 74.8M | 81M | 54.8M | 43.8M | |
INVESTING ACTIVITIES | ||||||||||||||||||||
-114.3M | -83.8M | -114.3M | -141M | -69.4M | -26.8M | -33.8M | -1.9M | -8.9M | -10.6M | -10.9M | (617K) | -481K | -23K | (0.0) | (0.0) | (0.0) | -6.8M | -35.9M | -35.2M | |
-14.2M | (0.0) | (0.0) | -50M | -1B | (0.0) | (0.0) | -4.1M | -5.8M | -1.3B | (342.4M) | (0.0) | -42M | (1.3M) | (0.0) | (0.0) | (0.0) | (0.0) | (47.5M) | -6M | |
-18.1B | -17.1B | -15.6B | -3.1B | -4B | -3.3B | -1.2B | -763.7M | -1.6B | -1.3B | -827M | -23.4M | -2M | -26.8M | -577.3M | -1.8B | -503.3M | -218.8M | -384.3M | -832.9M | |
12.9B | 14.9B | 11.6B | 902.8M | 1.9B | 1.7B | 982.3M | 637.2M | 548.2M | 525.7M | 407.2M | 10.6M | 6.8M | 20.3M | 363M | 1.4B | 268.8M | 223.1M | 196.6M | 447.4M | |
-4.6B | -3.7B | 1.9B | -10.8B | -11.5B | -5.9B | -3.4B | -2.6B | -1.9B | -835.7M | -1.3B | 12.9M | -26.1M | -10.2M | -598.2M | -299.6M | -133.8M | -519.1M | -350.4M | 459K | |
-10B | -6B | -2.2B | -13.1B | -14.7B | -7.5B | -3.7B | -2.7B | -3B | -2.9B | -1.4B | (639K) | -63.9M | -15.3M | -812.4M | -710.3M | -368.2M | -520.8M | -526.6M | -426.2M | |
FINANCING ACTIVITIES | ||||||||||||||||||||
224.3M | 100K | 100K | 157.7M | 540.3M | -71.6M | -120.2M | -35.7M | -13.8M | 55.8M | 28.3M | 13.7M | 4.6M | 2.8M | 362K | 47.6M | 191.3M | 221.1M | -15.8M | 11.8M | |
1.3B | 411.9M | 1.5B | 5.4B | -1.2B | 151.2M | -496.7M | 97.4M | 294.3M | 102.8M | -108.8M | 15.5M | -7.9M | 0.0 | 294.2M | -127.4M | -704M | 0.0 | 594.4M | 401.1M | |
-184.8M | -176.8M | -171.5M | -166.2M | -127.6M | -101.3M | -51.3M | (0.0) | (0.0) | (0.0) | -750K | -1.4M | -1.4M | -3.8M | -7M | -7M | -6.8M | (0.0) | (0.0) | (0.0) | |
-69M | (0.0) | (0.0) | (0.0) | (0.0) | -71.6M | -120.2M | -35.7M | -13.8M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -356K | -19.1M | (0.0) | |
10.8B | 11B | 1.7B | 6B | 15.7B | 9.1B | 3.6B | 2.2B | 2.4B | 2.5B | 1.4B | 8.4M | 6.1M | 2.8M | 319.7M | 616.7M | 1.1B | 243M | -256M | 60.1M | |
12.1B | 11.2B | 3B | 11.4B | 15.2B | 9.1B | 2.9B | 2.3B | 2.7B | 2.7B | 1.2B | -34.3M | -3.2M | -991K | 608.2M | 529.9M | 550.4M | 464.1M | 322.6M | 473M | |
CASH FLOW SUMMARY | ||||||||||||||||||||
-506.8M | 2.5B | 532.7M | 527M | -2.2B | 2.2B | -64M | 81.8M | 132.3M | 59.9M | 60.2M | 4.7M | -8.6M | 2.7M | -61.8M | -180.1M | 256.9M | 24.3M | -149.3M | 90.5M | |
4.1B | 1.6B | 1B | 516.4M | 2.7B | 434.6M | 498.6M | 416.8M | 284.5M | 224.6M | 164.4M | 7.1M | 15.7M | 13M | 216.7M | 396.8M | 140M | 115.6M | 264.9M | 174.3M | |
3.6B | 4.1B | 1.6B | 1B | 516.4M | 2.7B | 434.6M | 498.6M | 416.8M | 284.5M | 224.6M | 11.9M | 7.1M | 15.7M | 155M | 216.7M | 396.8M | 140M | 115.6M | 264.9M | |
-2.8B | -2.8B | -442.9M | 2.1B | -2.7B | 643.4M | 682.6M | 539.1M | 374.9M | 270.1M | 209.6M | 39M | 57.9M | 19M | 142.5M | 300K | 74.8M | 74.2M | 18.9M | 8.6M |
WAL - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
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 |
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