Western Alliance Bancorporation (WAL) — Financial statements
Income statement, balance sheet, and cash flow for Western Alliance Bancorporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,276↑5.2% | 5,016↑17.8% | 4,257↑43.8% | 2,961↑47.9% | 2,002 | |
| Cost of Revenue | 2,052↓0.8% | 2,068↑17.6% | 1,759↑223.6% | 544↑568.6% | 81 | |
| Gross Profit | 3,224↑9.3% | 2,948↑18.0% | 2,498↑3.3% | 2,417↑25.8% | 1,921 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 116↓81.6% | 631↑11.4% | 566↑5.0% | 540↑15.6% | 467 | |
| Selling & Marketing Expenses | 29↓12.2% | 33↑50.0% | 22↓1.4% | 22↑63.7% | 14 | |
| SG&A Expenses | 145↓78.2% | 664↑12.9% | 588↑4.7% | 562↑17.0% | 480 | |
| Other Expenses | 1,872↑44.7% | 1,293↑32.4% | 977↑81.0% | 540↑69.8% | 318 | |
| Operating Expenses | 2,016↑3.0% | 1,957↑25.1% | 1,565↑42.1% | 1,101↑38.0% | 798 | |
| Total Costs & Expenses | 4,069↑1.1% | 4,025↑21.1% | 3,324↑102.1% | 1,645↑87.1% | 879 | |
| Operating Results | ||||||
| Operating Income | 1,207↑21.8% | 991↑6.2% | 934↓29.1% | 1,316↑17.2% | 1,123 | |
| Depreciation & Amortization | 0.00↓100.0% | 119↑37.0% | 87↑16.0% | 75↑49.2% | 50 | |
| EBITDA | 1,207↑8.8% | 1,110↑8.8% | 1,020↓26.6% | 1,391↑18.6% | 1,173 | |
| EBIT | 1,207↑21.8% | 991↑6.2% | 934↓29.1% | 1,316↑17.2% | 1,123 | |
| Interest & Other Income | ||||||
| Net Interest Income | 2,865↑9.4% | 2,619↑12.0% | 2,339↑5.5% | 2,216↑43.1% | 1,549 | |
| Interest Income | 4,693↑3.3% | 4,541↑12.5% | 4,035↑49.9% | 2,692↑62.3% | 1,659 | |
| Interest Expense | 1,828↓4.9% | 1,922↑13.3% | 1,696↑256.8% | 476↑332.7% | 110 | |
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Income Before Tax | 1,207↑21.8% | 991↑6.2% | 934↓29.1% | 1,316↑17.2% | 1,123 | |
| Income Tax Expense | 217↑6.4% | 204↓3.6% | 211↓18.4% | 259↑15.6% | 224 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 991↑25.8% | 788↑9.0% | 722↓31.7% | 1,057↑17.6% | 899 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 969↑23.0% | 788↑9.0% | 722↓31.7% | 1,057↑17.6% | 899 | |
| Bottom-Line Net Income | 956↑23.4% | 775↑9.2% | 710↓32.1% | 1,045↑16.6% | 896 | |
| EPS (Basic) | 8.79↑23.1% | 7.14↑9.0% | 6.55↓32.8% | 9.74↑11.7% | 8.72 | |
| EPS (Diluted) | 8.73↑23.1% | 7.09↑8.4% | 6.54↓32.6% | 9.70↑11.9% | 8.67 | |
| Weighted Average Shares | 109↑0.2% | 109↑0.3% | 108↑1.0% | 107↑4.4% | 103 | |
| Weighted Average Diluted Shares | 110↑0.2% | 109↑0.7% | 109↑0.8% | 108↑4.2% | 103 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.