Western Alliance Bancorporation (WAL) financial statements
Western Alliance Bancorporation reported revenue of $136M in fiscal 2025, down 16.7% a year over 9 years.
Net income was $969M.
The diluted share count rose 5% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Western Alliance Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $700M | $830M | $959M | $1.1B | $1.2B | $38M | $44M | $99M | $68M | $136M |
| Interest expense | $43M | $61M | $118M | $185M | $95M | $110M | $476M | $1.7B | — | — |
| Pre-tax income | $361M | $452M | $510M | $604M | $622M | $1.1B | $1.3B | $934M | $991M | $1.2B |
| Income tax | $101M | $126M | $74M | $105M | $116M | $224M | $259M | $211M | $204M | $217M |
| Net income | $260M | $325M | $436M | $499M | $507M | $899M | $1.1B | $722M | $788M | $969M |
| EPS (diluted) | $2.50 | $3.10 | $4.14 | $4.84 | $5.04 | $8.67 | $9.70 | $6.54 | $7.09 | $8.73 |
| Diluted shares | 104M | 105M | 105M | 103M | 100M | 103M | 108M | 108M | 109M | 110M |
| Net margin | 37.1% | 39.2% | 45.4% | 45.2% | 40.9% | 2391.5% | 2397.5% | 732.7% | 1158.4% | 713.5% |
Balance sheet
Fiscal years, from Western Alliance Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $284M | $417M | $499M | $435M | $2.7B | $516M | $1.0B | $1.6B | $4.1B | $3.6B |
| Property, plant and equipment | $120M | $119M | $119M | $126M | $134M | $182M | $276M | $339M | $361M | $442M |
| Goodwill | $290M | $290M | $290M | $290M | $290M | $491M | $527M | $527M | $527M | $527M |
| 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 |
| Shareholders' equity | $1.9B | $2.2B | $2.6B | $3.0B | $3.4B | $5.0B | $5.4B | $6.1B | $6.7B | $7.7B |
| Net debt | -$284M | -$417M | -$499M | -$435M | -$2.7B | -$516M | -$1.0B | -$1.6B | -$4.1B | -$3.6B |
Cash flow
Fiscal years, from Western Alliance Bancorporation's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $281M | $384M | $541M | $718M | $670M | -$2.7B | $2.2B | -$329M | -$2.7B | -$2.7B |
| Stock-based compensation | $20M | $24M | $26M | $26M | $29M | $35M | $40M | $34M | $48M | $51M |
| Dividends paid | — | $0 | $0 | $51M | $101M | $128M | $166M | $172M | $177M | — |
| Share buybacks (net) | — | $0 | -$36M | -$120M | -$72M | $0 | $0 | $0 | $0 | -$68M |
| Net borrowing | — | — | — | $0 | $147M | $580M | $548M | -$808M | $2.0B | -$856M |
| Dividends per share | — | — | — | $0.50 | $1.01 | $1.24 | $1.54 | $1.58 | $1.62 | — |
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What was Western Alliance Bancorporation's revenue in 2025?
$136M in fiscal 2025, from its 10-K filing.
From Western Alliance Bancorporation's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.