Source: Western Alliance Bancorporation's 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 02, 2026
Revenue, net income & free cash flow
Income statement
fiscal years · USD
Fiscal year
FY2009
FY2010
FY2011
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
$4.07M
$3.79M
$1.88M
$37.60M
$44.10M
$98.60M
$68.00M
$135.80M
Interest expense
$73.73M
$49.26M
$38.92M
$109.90M
$475.50M
$1.70B
—
—
Pre-tax income
-$185.35M
-$10.58M
$50.34M
$1.12B
$1.32B
$933.60M
$991.20M
$1.21B
Income tax
-$38.45M
-$6.41M
$16.85M
$223.80M
$258.80M
$211.20M
$203.50M
$216.60M
Net income
-$151.41M
-$7.20M
$31.49M
$899.20M
$1.06B
$722.40M
$787.70M
$969.00M
EPS (basic)
—
$-0.23
$0.19
$8.72
$9.74
$6.55
$7.14
$8.79
EPS (diluted)
—
$-0.23
$0.19
$8.67
$9.70
$6.54
$7.09
$8.73
Diluted shares
58.84M
75.08M
81.18M
103.30M
107.60M
108.50M
109.30M
109.50M
Net margin
-3723.7%
-189.7%
1677.0%
2391.5%
2397.5%
732.7%
1158.4%
713.5%
Balance sheet
fiscal years · USD
Fiscal year
FY2009
FY2010
FY2011
FY2021
FY2022
FY2023
FY2024
FY2025
Cash & equivalents
$396.83M
$216.75M
$155.00M
$516.40M
$1.04B
$1.58B
$4.10B
$3.60B
Goodwill
—
$25.93M
$25.93M
$491.00M
$527.00M
$527.00M
$527.00M
$527.00M
Total assets
—
$6.19B
$6.84B
$55.98B
$67.73B
$70.86B
$80.93B
$92.77B
Short-term debt
—
—
—
$727.00M
$4.99B
$6.78B
$3.15B
$3.85B
Long-term debt
—
—
—
$775.00M
$1.31B
$446.00M
$2.42B
$1.39B
Total debt
—
—
—
$1.50B
$6.30B
$7.23B
$5.57B
$5.24B
Total liabilities
—
$5.59B
$6.21B
$51.02B
$62.38B
$64.78B
$74.23B
$84.83B
Shareholders' equity
$575.73M
$602.17M
$636.68M
$4.96B
$5.36B
$6.08B
$6.71B
$7.65B
Cash flow
fiscal years · USD
Fiscal year
FY2009
FY2010
FY2011
FY2021
FY2022
FY2023
FY2024
FY2025
Operating cash flow
$74.75M
$300.00K
$142.47M
-$2.65B
$2.25B
-$328.60M
-$2.74B
-$2.68B
Free cash flow
$74.75M
$300.00K
$142.47M
-$2.65B
$2.25B
-$328.60M
-$2.74B
-$2.68B
Investing cash flow
-$368.24M
-$710.29M
-$812.43M
-$14.71B
-$13.13B
-$2.16B
-$5.97B
-$9.95B
Financing cash flow
$550.36M
$529.90M
$608.20M
$15.21B
$11.41B
$3.02B
$11.23B
$12.13B
Dividends paid
—
—
—
$127.60M
$166.20M
$171.50M
$176.80M
—
Share buybacks
—
—
—
$0
$0
$0
$0
$68.10M
Stock-based compensation
$8.75M
$7.54M
$4.27M
$35.10M
$39.80M
$34.30M
$47.70M
$51.40M
Depreciation & amortization
$15.49M
$14.09M
$10.62M
$33.70M
$52.40M
$63.00M
$94.40M
$106.60M
Income statement
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Revenue
$30.70M
$13.50M
$16.90M
$15.20M
$22.10M
$23.00M
$23.50M
$24.50M
$64.80M
$67.20M
$45.70M
$51.40M
Interest expense
$447.30M
$456.10M
—
—
—
—
—
—
—
—
—
—
Pre-tax income
$211.00M
$231.80M
$247.90M
$252.10M
$259.40M
$246.40M
$291.30M
$313.80M
$355.70M
$231.30M
$332.00M
$339.10M
Income tax
$63.10M
$54.40M
$54.30M
$52.30M
$42.50M
$47.30M
$53.50M
$53.30M
$62.50M
$42.10M
$63.20M
$61.90M
Net income
$147.90M
$177.40M
$193.60M
$199.80M
$216.90M
$199.10M
$230.40M
$253.40M
$286.10M
$182.10M
$261.70M
$270.10M
EPS (basic)
$1.33
$1.61
$1.75
$1.81
$1.97
$1.80
$2.08
$2.30
$2.61
$1.65
$2.37
$2.45
EPS (diluted)
$1.33
$1.60
$1.75
$1.80
$1.95
$1.79
$2.07
$2.28
$2.59
$1.65
$2.36
$2.45
Diluted shares
100.00K
109.00M
109.10M
109.50M
100.00K
109.60M
109.60M
109.80M
-100.00K
108.70M
108.00M
107.80M
Net margin
481.8%
1314.1%
1145.6%
1314.5%
981.4%
865.7%
980.4%
1034.3%
441.5%
271.0%
572.6%
525.5%
Balance sheet
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Cash & equivalents
$1.58B
$3.55B
$4.08B
$2.59B
$4.10B
$3.28B
$2.77B
$5.76B
$3.60B
$8.55B
$5.94B
$5.33B
Goodwill
$527.00M
—
—
—
$527.00M
—
—
—
$527.00M
—
—
—
Total assets
$70.86B
$76.99B
$80.58B
$80.08B
$80.93B
$83.04B
$86.72B
$90.97B
$92.77B
$98.85B
$98.70B
$98.07B
Short-term debt
$6.78B
$5.78B
$5.15B
$1.57B
$3.15B
$2.54B
$3.14B
$962.00M
$3.85B
$4.52B
$4.76B
$4.24B
Long-term debt
$446.00M
$441.00M
$436.00M
$1.43B
$2.42B
$1.61B
$2.91B
$2.90B
$1.39B
$1.09B
$1.48B
$1.37B
Total debt
$7.23B
$6.22B
$5.59B
$3.00B
$5.57B
$4.15B
$6.05B
$3.86B
$5.24B
$5.61B
$6.24B
$5.61B
Total liabilities
$64.78B
$70.82B
$74.25B
$73.40B
$74.23B
$75.83B
$79.32B
$83.28B
$84.83B
$90.94B
$90.57B
$90.12B
Shareholders' equity
$6.08B
$6.17B
$6.33B
$6.68B
$6.71B
$6.92B
$7.11B
$7.40B
$7.65B
$7.62B
$7.84B
$7.65B
Cash flow
quarters · USD
Quarter ended
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Operating cash flow
$341.20M
-$306.50M
-$745.80M
-$1.07B
-$621.70M
-$1.65B
-$357.70M
-$597.40M
-$69.80M
-$507.20M
-$356.10M
$769.90M
Free cash flow
$341.20M
-$306.50M
-$745.80M
-$1.07B
-$621.70M
-$1.65B
-$357.70M
-$597.40M
-$69.80M
-$507.20M
-$356.10M
$769.90M
Investing cash flow
-$1.88B
-$3.65B
-$2.51B
-$394.90M
$587.20M
-$1.59B
-$3.96B
-$595.70M
-$3.80B
-$457.90M
-$2.08B
-$749.40M
Financing cash flow
-$382.00M
$5.93B
$3.79B
-$22.50M
$1.54B
$2.43B
$3.81B
$4.18B
$1.71B
$5.92B
-$184.10M
-$628.00M
Dividends paid
$43.70M
$43.90M
$44.00M
$43.90M
$45.00M
$45.00M
—
—
—
—
—
—
Share buybacks
—
—
—
—
$0
$0
$0
$10.60M
$57.50M
$50.30M
$2.30M
$93.10M
Stock-based compensation
$8.90M
$13.10M
$12.50M
$11.40M
$10.70M
$15.40M
$11.10M
$12.80M
$12.10M
$9.00M
$13.10M
$18.40M
Depreciation & amortization
$19.10M
$20.80M
$21.40M
$22.40M
$29.80M
$25.00M
$26.40M
$27.70M
$27.50M
$28.50M
$29.30M
$29.60M
Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.