Western Alliance Bancorporation financials

Key figures from Western Alliance Bancorporation's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricSep 2026Sep 2025Change
Revenue$51M$25M+109.8%
Net income$270M$253M+6.6%
Gross margin———
Operating margin———
Net margin525.5%1034.3%-508.8 pts

Quarterly trend

Revenue by quarter
$30MSep 2023$14MMar 2024$17MJun 2024$15MSep 2024$22MDec 2024*$23MMar 2025$24MJun 2025$25MSep 2025$65MDec 2025*$67MMar 2026$46MJun 2026$51MSep 2026
Net income by quarter
$217MSep 2023$177MMar 2024$194MJun 2024$200MSep 2024$217MDec 2024*$199MMar 2025$230MJun 2025$253MSep 2025$286MDec 2025*$182MMar 2026$262MJun 2026$270MSep 2026
Margins by quarter
114%793%1471%Sep 2023Mar 2024Jun 2024Sep 2024Dec 2024*Mar 2025Jun 2025Sep 2025Dec 2025*Mar 2026Jun 2026Sep 2026731.8%1314.1%1145.6%1314.5%969.6%865.7%980.4%1034.3%441.5%271.0%572.6%525.5%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Dec 2025$136M$969M713.5%—$8.73
FY Dec 2024$68M$788M1158.8%—$7.09
FY Dec 2023$99M$722M732.3%—$6.54
FY Dec 2022$44M$1.1B2396.8%—$9.70
FY Dec 2021$38M$899M2391.0%—$8.67

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.