15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $136M | $969M | 0.0% | 0.0% | — | $5.2B | $3.6B |
| 2024 | $68M | $788M | 0.0% | 0.0% | — | $5.6B | $4.1B |
| 2023 | $99M | $722M | 0.0% | 0.0% | — | $7.2B | $1.6B |
| 2022 | $44M | $1.1B | 0.0% | 0.0% | — | $6.3B | $1.0B |
| 2021 | $38M | $899M | 0.0% | 0.0% | — | $1.5B | $516M |
| 2020 | — | $507M | — | — | — | $21M | $2.7B |
| 2019 | — | $499M | — | — | — | — | — |
| 2018 | — | $436M | — | — | — | — | — |
| 2017 | — | $325M | — | — | — | — | — |
| 2016 | — | $260M | — | — | — | — | — |
| 2015 | — | $194M | — | — | — | $150M | — |
| 2014 | — | $148M | — | — | — | $390M | — |
| 2013 | — | $115M | — | — | — | $93M | — |
| 2012 | — | $73M | — | — | — | $194M | — |
| 2011 | — | $31M | — | — | — | — | — |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $67M | $182M | 0.0% | 0.0% | — | $5.6B | $8.6B |
| Dec '25 | $65M | $286M | 0.0% | 0.0% | — | $5.2B | $3.6B |
| Sep '25 | $25M | $253M | 0.0% | 0.0% | — | $3.9B | $5.8B |
| Jun '25 | $24M | $230M | 0.0% | 0.0% | — | $6.1B | $2.8B |
| Mar '25 | $23M | $199M | 0.0% | 0.0% | — | $4.2B | $3.3B |
| Dec '24 | $22M | $217M | 0.0% | 0.0% | — | $5.6B | $4.1B |
| Sep '24 | $15M | $200M | 0.0% | 0.0% | — | $3.0B | $2.6B |
| Jun '24 | $17M | $194M | 0.0% | 0.0% | — | $5.6B | $4.1B |
| Mar '24 | $14M | $177M | 0.0% | 0.0% | — | $6.2B | $3.5B |
| Dec '23 | $31M | $148M | 0.0% | 0.0% | — | $7.2B | $1.6B |
| Sep '23 | $30M | $217M | 0.0% | 0.0% | — | $8.7B | $3.5B |
| Jun '23 | $24M | $216M | 0.0% | 0.0% | — | $9.6B | $2.2B |
| Mar '23 | — | $142M | — | — | — | $15.9B | $3.6B |
| Dec '22 | — | $293M | — | — | — | $6.3B | $1.0B |
| Sep '22 | — | $264M | — | — | — | $6.3B | $1.6B |
| Jun '22 | — | $260M | — | — | — | $5.2B | — |
| Mar '22 | — | $240M | — | — | — | $833M | — |
| Dec '21 | — | $246M | — | — | — | $1.5B | $516M |
| Sep '21 | — | $237M | — | — | — | $1.0B | — |
| Jun '21 | — | $224M | — | — | — | $615M | — |
How the market has priced WAL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Western Alliance Bancorporation's revenue has grown 37.9% per year, and net income grown 13.8% per year. These are computed facts, not advice.
As of FY2025, Western Alliance Bancorporation reported $5.2B of total debt against $3.6B of cash.
In FY2025, gross margin was —, operating margin —, and net margin 713.5%.
As of Jun '26, Western Alliance Bancorporation traded at a price-to-earnings ratio of about 9.2× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.