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WAL
$74.51+0.22%
as of close, Oct 16, 2026
☾ AH $74.51 +0.22%
Western Alliance Bancorporation Common Stock (DE)Stock · FinancialsRussell 1000 0.01%Russell 3000 0.01%US Stock Market 0.01%
PeersJPMHOODBACVBRK-BGS

WAL financial statements

The full income statement, balance sheet, and cash-flow statement for Western Alliance Bancorporation Common Stock (DE) (WAL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-06 110.1M2024-09 110.1M2024-12 110.5M2025-03 110.4M2025-06 110.4M2025-09 110.1M2025-12 109.9M2026-03 109.2M2026-06 109.1M-0.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

As-reported fiscal years.
Line itemTrendFY2025FY2024FY2023FY2022FY2021
Income Statementas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
3.54B+12.0%3.16B+20.7%2.62B+3.1%2.54B+30.1%1.95B+57.8%
Noninterest income678M+24.9%543M+93.5%281M-13.5%325M-19.7%404M+470.9%
Selling & marketing
————13.5M+40.6%
Amortization of intangibles9.70M-7.6%10.5M+0.0%10.5M+1.0%10.4M+70.5%6.10M+281.3%
Noninterest expense2.11B+4.3%2.02B+24.7%1.62B+40.3%1.16B+35.9%851M+73.2%
Provision for credit losses224M+53.6%146M+133.1%62.6M-8.1%68.1M+418.2%-21.4M-117.3%
Interest expense——1.70B+256.8%476M+332.7%110M+15.8%
Interest & investment income4.69B+3.3%4.54B+12.5%4.04B+49.9%2.69B+62.3%1.66B+31.5%
Net interest income2.86B+9.4%2.62B+12.0%2.34B+5.5%2.22B+43.1%1.55B+32.7%
Gain (loss) on equity securities900K-82.4%5.10M+492.3%-1.30M+94.2%-22.3M-1615.4%-1.30M-134.2%
Pre-tax income1.21B+21.8%991M+6.2%934M-29.1%1.32B+17.2%1.12B+80.4%
Income tax217M+6.4%204M-3.6%211M-18.4%259M+15.6%224M+93.1%
969M+23.0%788M+9.0%722M-31.7%1.06B+17.6%899M+77.5%
Net income to non-controlling interest21.6M0.000.00——
Net income to common956M+23.4%775M+9.2%710M-32.1%1.04B+16.6%896M+76.8%
$8.73+23.1%$7.09+8.4%$6.54-32.6%$9.70+11.9%$8.67+72.0%
EPS (basic)$8.79+23.1%$7.14+9.0%$6.55-32.8%$9.74+11.7%$8.72+72.3%
Weighted-avg shares (basic)109M+0.2%109M+0.3%108M+1.0%107M+4.4%103M+2.5%
Weighted-avg shares (diluted)110M+0.2%109M+0.7%109M+0.8%108M+4.2%103M+2.8%
Dividends per share$1.56+4.7%$1.49+2.8%$1.45+2.1%$1.42+18.3%$1.20+20.0%
Balance Sheetas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Cash & equivalents3.60B-12.2%4.10B+159.9%1.58B+51.1%1.04B+102.1%516M-80.7%
92.8B+14.6%80.9B+14.2%70.9B+4.6%67.7B+21.0%56.0B+53.5%
Property, plant & equipment442M+22.4%361M+6.5%339M+22.8%276M+51.6%182M+35.7%
Operating lease right-of-use131M+2.3%128M-11.7%145M-11.0%163M+22.6%133M+83.4%
Goodwill527M+0.0%527M+0.0%527M+0.0%527M+7.3%491M+69.4%
Intangible assets122M-7.6%132M-7.0%142M-7.2%153M+7.0%143M+1643.9%
Deferred tax assets349M+24.2%281M-2.1%287M-7.7%311M+1381.0%21.0M-32.9%
Short-term & current debt3.85B+22.1%3.15B-53.6%6.78B+35.9%4.99B+586.7%727M+3361.9%
84.8B+14.3%74.2B+14.6%64.8B+3.9%62.4B+22.3%51.0B+54.4%
Long-term debt1.39B-42.5%2.42B+443.0%446M-65.9%1.31B+68.6%775M
Operating lease liability (total)160M+0.6%159M-11.2%179M-3.2%185M+29.4%143M+79.0%
7.65B+14.1%6.71B+10.3%6.08B+13.5%5.36B+7.9%4.96B+45.4%
Preferred stock295M+0.0%295M+0.0%295M+0.0%295M+0.0%295M
Common stock—2.25B+2.2%2.20B+1.6%2.16B+10.0%1.97B+41.3%
Retained earnings5.61B+16.2%4.83B+14.5%4.21B+15.0%3.66B+32.1%2.77B+38.6%
Treasury stock137M+9.6%125M+7.8%116M+10.5%105M+20.7%87.0M+22.4%
Accumulated other comprehensive income-344M+35.6%-534M-4.1%-513M+22.4%-661M-4110.2%-15.7M-117.0%
Non-controlling interest293M0.00———
Total equity incl. non-controlling7.95B+18.5%6.71B+10.3%6.08B+13.5%5.36B—
Total liabilities & equity92.8B+14.6%80.9B+14.2%70.9B+4.6%67.7B+21.0%56.0B+53.5%
Common shares issued112M-0.4%113M+0.6%112M+0.6%111M+2.3%109M+5.8%
Shares outstanding (cover)110M-0.5%110M+0.2%110M+0.5%110M—
Cash Flowas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
-2.68B+2.3%-2.74B-734.4%-329M-114.6%2.25B+184.6%-2.65B-496.0%
Depreciation & amortization107M+12.9%94.4M+49.8%63.0M+20.2%52.4M+55.5%33.7M+47.2%
Intangible amortization9.70M-7.6%10.5M+0.0%10.5M+1.0%10.4M+70.5%6.10M+281.3%
Share-based compensation51.4M+7.8%47.7M+39.1%34.3M-13.8%39.8M+13.4%35.1M+22.3%
Deferred income taxes-131M-1157.3%12.4M+149.8%-24.9M+63.7%-68.6M-263.3%42.0M+267.3%
Other operating activities-47.6M-131.1%-20.6M-1772.7%-1.10M-150.0%2.20M+114.6%-15.1M-260.6%
-9.95B-66.7%-5.97B-176.4%-2.16B+83.6%-13.1B+10.8%-14.7B-95.2%
Acquisitions0.000.000.00-100.0%50.0M-95.1%1.02B
Sales/maturities of investments6.50B-36.9%10.3B+2.7%10.0B+1561.1%604M-63.0%1.63B+7.8%
12.1B+8.0%11.2B+271.8%3.02B-73.5%11.4B-25.0%15.2B+67.1%
Long-term debt issued7.60B+153.2%3.00B+30203.0%9.90M-98.3%578M-45.2%1.06B+375.8%
Long-term debt repaid8.45B+724.0%1.03B+25.4%818M+2564.8%30.7M-93.5%476M+534.5%
Common stock issued0.00-100.0%100K+0.0%100K-99.9%158M-70.8%540M
Common stock repurchased68.1M0.000.000.000.00-100.0%
Dividends paid—177M+3.1%172M+3.2%166M+30.3%128M+26.0%
Net change in cash-500M-119.8%2.52B+373.0%533M+1.1%527M+124.5%-2.16B-196.3%
Interest paid1.85B-4.7%1.94B+22.8%1.58B+249.1%453M+305.8%112M+2.8%
Income taxes paid31.7M+2338.5%1.30M-98.0%63.6M-67.8%198M+12.5%176M+297.5%
Valuation Ratiosas ofDec 31 ’25as ofDec 31 ’24as ofDec 31 ’23as ofDec 31 ’22as ofDec 31 ’21
Market cap9.24B+0.1%9.23B+28.1%7.20B+11.0%6.49B-42.3%11.2B+87.3%
P/E9.5×-18.6%11.7×+41.1%8.3×+29.3%6.4×-48.7%12.5×+5.5%
P/S2.6×-10.7%2.9×+6.9%2.7×+1.0%2.7×-53.1%5.8×+18.7%
P/B1.2×-12.3%1.4×+9.8%1.3×-3.0%1.3×-43.0%2.3×+28.8%
Earnings yield10.5%+22.9%8.5%-29.1%12.0%-22.7%15.6%+94.8%8.0%-5.2%
Dividend yield1.9%+4.0%1.8%-19.1%2.2%-7.6%2.4%+113.9%1.1%-33.2%
Source filing10-K10-K10-K10-K10-K

About this data

Source: WAL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all WAL filings on SEC EDGAR → Not investment advice.