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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›WAL›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

WESTERN ALLIANCE BANCORPORATION (WAL) financials

Income statement

WESTERN ALLIANCE BANCORPORATION (WAL) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue—————$37.6M$44.1M$98.6M$68.0M$136M
Revenue growth——————17.3%123.6%-31.0%99.7%
Net income$260M$325M$436M$499M$507M$899M$1.06B$722M$788M$969M
Net margin—————2391.5%2397.5%732.7%1158.4%713.5%
EPS (diluted)$2.50$3.10$4.14$4.84$5.04$8.67$9.70$6.54$7.09$8.73

Cash flow

WESTERN ALLIANCE BANCORPORATION (WAL) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$281M$384M$541M$718M$670M-$2.65B$2.25B-$329M-$2.74B-$2.68B
Share buybacks—$0.00$35.7M$120M$71.6M$0.00$0.00$0.00$0.00$68.1M
Dividends paid—$0.00$0.00$51.3M$101M$128M$166M$172M$177M—

Balance sheet

WESTERN ALLIANCE BANCORPORATION (WAL) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$284M$417M$499M$435M$2.67B$516M$1.04B$1.58B$4.10B$3.60B
Total assets$17.2B$20.3B$23.1B$26.8B$36.5B$56.0B$67.7B$70.9B$80.9B$92.8B
Total liabilities$15.3B$18.1B$20.5B$23.8B$33.0B$51.0B$62.4B$64.8B$74.2B$84.8B
Long-term debt————$0.00$775M$1.31B$446M$2.42B$1.39B
Shareholders' equity$1.89B$2.23B$2.61B$3.02B$3.41B$4.96B$5.36B$6.08B$6.71B$7.65B
Retained earnings$522M$848M$1.28B$1.68B$2.00B$2.77B$3.66B$4.21B$4.83B$5.61B
Shares (wtd avg diluted)104M105M105M103M101M103M108M109M109M110M

Every figure is extracted from WESTERN ALLIANCE BANCORPORATION’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is WESTERN ALLIANCE BANCORPORATION's annual revenue?
WESTERN ALLIANCE BANCORPORATION (WAL) reported $136M of revenue for fiscal year 2025 — up 99.7% from $68.0M in FY2024, per its annual report filed with the SEC.
Is WESTERN ALLIANCE BANCORPORATION profitable?
Yes — WAL earned $969M of net income in FY2025, a 713.5% net margin, per SEC filings.
Does WAL pay a dividend?
WESTERN ALLIANCE BANCORPORATION reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full WAL analysis — verdict, score & filings →Is WAL a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.