WAL
Western Alliance (WAL)
NYSE
$80.07+$1.31 (+1.66%)
Price as of Jun 23, 2026 6:11 PM EDT
  • $8.6B
    Market Cap
  • 7.56%
    1-Year Change
  • Banks - Regional
    Industry
Annual
Quarterly
12/31/2025
12/31/2024
12/31/2023
12/31/2022
Income Statement
Total Operating Revenue
2.9B
+9.39%
2.6B
+11.97%
2.3B
+5.53%
2.2B
+43.10%
Cost of Revenue
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Gross Profit
2.9B
+9.39%
2.6B
+11.97%
2.3B
+5.53%
2.2B
+43.10%
Sales and Marketing Expense
28.7M
-12.23%
32.7M
+50.00%
21.8M
-1.36%
22.1M
+63.70%
Research and Development Expense
-187.2M
+25.05%
-149.7M
+22.70%
-122.0M
+46.99%
-83.0M
+42.61%
Depreciation and Amortization Expense
106.6M
+12.92%
94.4M
+49.84%
63.0M
+20.23%
52.4M
+55.49%
Total Operating Expenses
2.1B
+4.28%
2.0B
+24.74%
1.6B
+40.35%
1.2B
+35.86%
Operating Profit
1.2B
+21.79%
991.2M
+6.17%
933.6M
-29.06%
1.3B
+17.20%
Interest Income
4.7B
+3.34%
4.5B
+12.53%
4.0B
+49.91%
2.7B
+62.28%
Interest Expense
-257.5M
+1,651.70%
-14.7M
-99.13%
-1.7B
+256.76%
-475.5M
+332.67%
Interest Income and Expense and Net
4.4B
-2.01%
4.5B
+93.53%
2.3B
+5.53%
2.2B
+43.10%
Total Nonoperating Income and Expense
2.9B
+9.39%
2.6B
+11.97%
2.3B
+5.53%
2.2B
+43.10%
Income before Taxes
1.2B
+21.79%
991.2M
+6.17%
933.6M
-29.06%
1.3B
+17.20%
Income Taxes
216.6M
+6.44%
203.5M
-3.65%
211.2M
-18.39%
258.8M
+15.64%
Extraordinary Items
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Net Income
969.0M
+23.02%
787.7M
+9.04%
722.4M
-31.68%
1.1B
+17.58%
Net Income from Continuing Operations Applicable to Common
956.2M
+23.40%
774.9M
+9.20%
709.6M
-32.06%
1.0B
+16.61%
Basic EPS and Net Income
8.79
+23.11%
7.14
+9.01%
6.55
-32.75%
9.74
+11.70%
Diluted EPS and Net Income
8.73
+23.13%
7.09
+8.41%
6.54
-32.58%
9.70
+11.88%
Basic Weighted Average Shares
108.8M
+0.18%
108.6M
+0.28%
108.3M
+1.03%
107.2M
+4.38%
Diluted Weighted Average Shares
109.5M
+0.18%
109.3M
+0.74%
108.5M
+0.84%
107.6M
+4.16%
Balance Sheet
Cash and Cash Equivalents
3.6B
-12.21%
4.1B
+159.90%
1.6B
+51.10%
1.0B
+101.98%
Short-Term Investments
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash and Cash Equivalents and Short-Term Investments
3.6B
-12.21%
4.1B
+159.90%
1.6B
+51.10%
1.0B
+101.98%
Total Current Assets
2.1B
+17.89%
1.8B
+8.83%
1.6B
-11.21%
1.8B
+83.45%
Accumulated Depreciation
358.0M
+29.24%
277.0M
+34.47%
206.0M
+31.21%
157.0M
+24.70%
Property and Plant and Equipment and Net
442.0M
+22.44%
361.0M
+6.49%
339.0M
+22.83%
276.0M
+51.73%
Total Long-Term Assets
2.1B
+17.89%
1.8B
+8.83%
1.6B
-11.21%
1.8B
+83.45%
Total Assets
92.8B
+14.63%
80.9B
+14.21%
70.9B
+4.62%
67.7B
+20.99%
Income Taxes Payable
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Short-Term Debt
3.9B
+22.21%
3.2B
-76.40%
13.5B
+169.30%
5.0B
+558.23%
Total Current Liabilities
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Total Long-Term Debt
5.2B
-5.98%
5.6B
-22.92%
7.2B
+14.78%
6.3B
+319.40%
Total Long-Term Liabilities
160.0M
+0.63%
159.0M
-11.17%
179.0M
-3.24%
185.0M
+29.55%
Total Liabilities
84.8B
+14.28%
74.2B
+14.58%
64.8B
+3.86%
62.4B
+22.26%
Retained Earnings
5.6B
+16.18%
4.8B
+14.50%
4.2B
+737.67%
-661.0M
-4,310.19%
Total Stockholders Equity
7.7B
+14.10%
6.7B
+10.35%
6.1B
+13.48%
5.4B
+7.93%
Total Shares Outstanding
112.5M
-0.36%
112.9M
+0.65%
112.2M
+0.63%
111.5M
+2.28%
Cash Flow
Cash from Operating Activities
-2.7B
-2.30%
-2.7B
+734.45%
-328.6M
-114.64%
2.2B
+184.60%
Capital Expenditures
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash from Investing Activities
-9.9B
+66.72%
-6.0B
+176.37%
-2.2B
-83.56%
-13.1B
-10.75%
Dividends Paid
21.6M
-87.78%
176.8M
+3.09%
171.5M
+3.19%
166.2M
+30.25%
Cash from Financing Activities
12.1B
+8.00%
11.2B
+271.76%
3.0B
-73.53%
11.4B
-24.97%
Financials Ratio
Gross Margin
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Operating Margin
42.14%
+11.34%
37.85%
-5.18%
39.92%
-32.78%
59.38%
-18.10%
Return on Assets
1.12%
+7.51%
1.04%
-0.45%
1.04%
-39.01%
1.71%
-12.14%
Return on Equity
13.50%
+9.52%
12.32%
-2.48%
12.64%
-38.34%
20.49%
-4.55%
Revenue Growth
9.39%
-21.57%
11.97%
+116.41%
5.53%
-87.16%
43.10%
+31.69%
Current Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Cash Ratio
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Debt-to-Equity Ratio
1.19
-8.61%
1.31
-61.72%
3.41
+61.52%
2.11
+363.13%
Debt-to-Assets Ratio
0.10
-8.96%
0.11
-63.03%
0.29
+75.16%
0.17
+313.61%

Earnings & Revenue History

Debt-to-Assets

Cash Flow