FY2025 · ended Dec 31, 2025 · Revenue $135.80M, +99.7% YoY · Filed Feb 23, 2026
Western Alliance Bancorporation (WAL) files with the SEC under industry code 6022, State Commercial Banks. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $135.8 million and net income of $969.0 million. As of Sep 30, 2026 it held $5.3 billion in cash and investments and $5.8 billion in total debt.
Revenue (TTM)
$229.20M
+146.2% vs year-ago TTM
Net income (TTM)
$1.00B
+11.1% vs year-ago TTM
Operating cash flow (TTM)
$-163.20M
+94.9% vs year-ago TTM
Free cash flow
—
EPS (TTM)
$9.03
+11.5% vs year-ago TTM
Dividend per share (TTM)
$1.68
-25.7% vs year-ago TTM
Shares outstanding
109.88M
-0.5% vs prior year
Net cash
$-425.60M
as of Sep 30, 2026
Operating margin
—
Company profile
- Industry
- State Commercial Banks (SIC 6022)
- Listed as
- WAL (NYSE), WAL-PA (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Phoenix, AZ
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1212545
- Former names
- WESTERN ALLIANCE BANCORPORATION (until Oct 30, 2026)
Other State Commercial Banks companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $135.8M | $68.0M | $98.6M | — | — |
| Net income | $969.0M | $787.7M | $722.4M | $1.1B | $899.2M |
| Diluted EPS | $8.73 | $7.09 | $6.54 | $9.70 | $8.67 |
| Operating cash flow | -$2.7B | -$2.7B | -$328.6M | $2.2B | -$2.7B |
| Total assets | $92.8B | $80.9B | $70.9B | $67.7B | $56.0B |
| Total liabilities | $84.8B | $74.2B | $64.8B | $62.4B | $51.0B |
| Stockholders' equity | $7.7B | $6.7B | $6.1B | $5.4B | $5.0B |
| Cash and investments | $3.6B | $4.1B | $1.6B | $8.1B | $6.7B |
| Total debt | $5.4B | $5.7B | $7.4B | $6.5B | $1.6B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Other events
|
Oct 30, 2026 | Oct 30, 2026 |
| 10-Q | Quarterly report | Oct 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 19, 2026 | Oct 19, 2026 |
| 10-Q | Quarterly report | Jul 31, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Other events
|
Jul 30, 2026 | Jul 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 21, 2026 | Jul 21, 2026 |
All 1000 Western Alliance Bancorporation SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.