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-219.0%
5Y-500.0%
10Y-1055.0%
3Y-24.0%
5Y+32.0%
10Y+245.0%
3Y+6.0%
5Y+33.0%
10Y+355.0%
WAL

Western Alliance Bancorporation Cash Conversion Engine

WAL ยท NYSE
Net Income976.40M
Depreciation & Amortization0.00
Stock-Based Compensation0.00
Change in Working Capital-136.80M
Others-3.52B
Capital Expenditures-114.30M
Free Cash Flow-2.79B

Cash Flow Quality Analysis

FCF Conversion Rate

-286.1%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

-4.3%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+1.2%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$136.80M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

Western Alliance Bancorporation Cash Flow Statement

WAL โ€ข NYSE

Western Alliance Bancorporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 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

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