WESTERN ALLIANCE BANCORPORATION

WAL ·Financial, Banks - Regional, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2026 FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019
Revenue $135.8M $68.0M $98.6M $44.1M $37.6M $1.24B $1.11B
Cost of Revenue
Gross Profit
Gross Margin
Operating Expenses
Research & Development
SG&A Expense
Operating Income $1.21B $991.2M $2.63B $1.79B $1.23B $717.4M $788.8M
Operating Margin 889.0% 1,457.6% 2,667.3% 4,062.6% 3,279.0% 58.0% 71.4%
Interest Expense $1.70B $475.5M $109.9M $94.9M $184.6M
Pretax Income $1.21B $991.2M $933.6M $1.32B $1.12B $622.5M $604.2M
Income Tax Expense $216.6M $203.5M $211.2M $258.8M $223.8M $115.9M $105.0M
Net Income $969.0M $787.7M $722.4M $1.06B $899.2M $506.6M $499.2M
Net Margin 713.5% 1,158.4% 732.7% 2,397.5% 2,391.5% 40.9% 45.2%
EPS (Basic) $8.79 $7.14 $6.55 $9.74 $8.72 $5.06 $4.86
EPS (Diluted) $8.73 $7.09 $6.54 $9.70 $8.67 $5.04 $4.84
Shares Outstanding (Basic) 109.9M 108.8M 108.6M 108.3M 107.2M 102.7M 100.2M 102.7M
Shares Outstanding (Diluted) 109.9M 109.5M 109.3M 108.5M 107.6M 103.3M 100.5M 103.1M
Dividends Per Share $1.56 $1.49 $1.45 $1.42 $1.20 $0.25 $0.25
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