Western Alliance Bancorporation

Western Alliance Bancorporation

68.00
EUR
+1.00
(+1.49%)
8.13EPS
9.12P/E
7.81BMarket Cap
Jan 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4
4.71
5.48
6.75
7.89
9.08
10.73
12.37
18.43
23.18
23.65
28.49
31.93
35.69
Basic EPS, GAAP
1.33
1.69
2.05
2.52
3.12
4.16
4.86
5.06
8.72
9.74
6.55
7.14
8.79
8.96
Free Cash Flow per Basic Share
0.68
0.44
2.22
2.62
3.6
5.15
6.66
6.42
-26.52
19.63
-4.09
-26.02
-25.67
-15.23
Dividend per Share
0.02
0.02
0.01
- -
- -
- -
0.5
1.01
1.24
1.55
1.58
1.63
1.7
1.78
Book Value per Share
8.2
10.49
15.44
18
21.14
24.9
29.42
33.14
43.78
46.47
52.83
58.26
67.19
69.13
Tangible Book Value per Share
7.88
10.2
12.48
15.12
18.29
22.05
26.52
30.24
31.29
29.68
36.45
42.03
47.62
49.49
Basic Weighted Avg Shares
86
87
95
103
104
105
103
100
103
107
108
109
109
108
Sales/Revenue/Turnover
343
409
518
695
822
950
1,102
1,239
1,892
2,485
2,561
3,094
3,474
3,867
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
2
1
8
12
13
14
29
35
50
75
87
119
130
137
Net Income, GAAP
115
148
194
260
325
436
499
507
899
1,057
722
788
969
983
Effective Tax Rate (%)
20.48
24.5
24.87
28.07
27.96
14.6
17.38
18.62
19.93
19.66
22.62
20.53
17.94
17.93
Profit Margin (%)
33.54
36.21
37.5
37.36
39.59
45.87
45.31
40.88
47.52
42.54
28.21
25.46
27.89
25.43
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
354
251
210
368
377
360
472
629
1,814
2,385
1,520
3,480
2,628
2,696
Total Equity
855
1,001
1,592
1,892
2,230
2,614
3,017
3,414
4,963
5,356
6,078
6,707
7,946
8,135
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
10.32
11.08
11.48
12.11
12.2
14.04
14.91
13.45
16.56
11.2
5.58
5.8
6.83
6.39
Return on Common Equity (%)
17.04
17.82
15.34
14.92
15.8
18
17.73
15.76
22.17
21.47
13.09
12.71
13.89
13.51

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3,848
4,524
4,757
LT Borrowings
2,468
2,158
2,548
LT Finance Leases
160
154
148
Preferred Equity and Hybrid Capital
295
295
295
Shares Outstanding
110
109
109
Market Capitalization
9,262
7,718
8,918

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
13,957
18,496
15,879
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
3,848
4,524
4,757
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17.81%
19.12%
18.47%
Free Cash Flow
-15.23%
-56.95%
-1.15%
Net Income, GAAP
20.44%
19.09%
23.02%
Sales/Revenue/Turnover
21.66%
24.03%
12.28%
Total Cash Common Dividend
- -
11.56%
4.88%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
714
755
804
818
3,094
2025
762
826
923
963
3,474
2026
1,002
978
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.61
1.75
1.81
1.97
7.14
2025
1.8
2.08
2.3
2.61
8.79
2026
1.65
2.4
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.41
0.4
0.41
1.63
2025
0.41
0.42
0.41
0.46
1.7
2026
0.46
0.45
- -
- -
- -

Company Description

CEO
Kenneth A. Vecchione
Full Time Employees
3,769
Sector
Finance
Industry
Regional banks
Address
One East Washington Street Phoenix AZ United States 85004
IPO Date
Jun 30, 2005
Business
Western Alliance Bancorporation (NYSE: WAL) is a bank holding company providing deposit, lending, treasury management, international banking, and online banking products and services through its primary subsidiary Western Alliance Bank and other specialized brands including Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, Torrey Pines Bank, and AmeriHome Mortgage; core offerings encompass commercial and industrial loans, real estate loans, consumer loans, checking and savings accounts, money market accounts, fixed-rate certificates of deposit, cash management solutions, trust administration, equipment leasing, escrow services, and industry-tailored financing for sectors such as technology, innovation, public and nonprofit entities, hotel franchise finance, and homeowners associations. The company operates nationwide with a local touch in key markets across Arizona, California, Nevada, and other states, serving commercial businesses, real estate investors, financial institutions, high-net-worth individuals, and small to mid-sized enterprises. Founded in 1994 in Las Vegas, Nevada, and headquartered in Phoenix, Arizona, Western Alliance Bancorporation maintains assets exceeding $86 billion as of mid-2025 and ranks among the top-performing U.S. banks. Western Alliance Bancorporation recently unified its six legacy division bank brands under the single Western Alliance Bank brand by the end of 2025 to streamline operations, enhance national marketing reach, and improve client access to integrated services nationwide; the company continues strong growth with $1.2 billion in held-for-investment loan expansion in Q2 2025 driven by commercial and industrial lending, alongside targeted deposit increases in digital asset banking and technology sectors totaling nearly $1 billion year-to-date. In Q3 2025, it reported net income of $260.5 million, up from the prior quarter, supported by a $300 million share repurchase program under which it bought back over 300,000 shares for $25 million through mid-October, and issued preferred stock via its REIT subsidiary to bolster equity. Additional strategic moves include appointing Brad Alvarez in November 2025 to lead sponsor and strategic partnerships for Business Escrow Services and entering a strategic alliance with Clover Lending Group in October 2025 to expand financing for active adult communities, while reiterating 2025 guidance for $5 billion in loan growth and $8 billion in deposit growth.

Company News

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  • Western Alliance Bancorporation Reports Third Quarter 2026 Financial Results

  • Western Alliance Bancorporation (NYSE:WAL) Stock Has Consensus Price Target of $92.18 According to Brokerages

  • Stay Ahead of the Game With Western Alliance (WAL) Q3 Earnings: Wall Street's Insights on Key Metrics

  • Western Alliance (WAL) Reports Next Week: Wall Street Expects Earnings Growth

  • Western Alliance Bancorporation Announces Third Quarter 2026 Earnings Release Date, Conference Call and Webcast

  • Fed Considers Higher Asset Thresholds: What it Means for Banks

  • Integrated Wealth Concepts LLC Grows Position in Western Alliance Bancorporation $WAL

  • Western Alliance Bancorporation (WAL) Presents at Barclays 24th Annual Global Financial Services Conference Transcript

  • Western Alliance Bancorporation to Participate in Fireside Chat at Barclays Global Financial Services Conference

  • Barrow Hanley Mewhinney & Strauss LLC Makes New Investment in Western Alliance Bancorporation $WAL

  • Amundi Sells 25,776 Shares of Western Alliance Bancorporation $WAL

  • Western Alliance Bancorporation $WAL Shares Sold by First Trust Advisors LP