WESTERN ALLIANCE BANCORPORATION(WAL)— Stock Profile, AI Score & Financials
Financials · NYSE · AI-powered stock analysis, 32-signal quality score, SEC EDGAR financials, and institutional holdings. Updated .
WESTERN ALLIANCE BANCORPORATION (WAL) stock profile, AI quality score, and SEC EDGAR financial data, a Financials sector company. 13F Pro's AI-powered ranking engine scores WAL at 67.5/100 on a 32-signal composite quality model, placing it at rank #362 of 2,960 stocks — the top 25% of the AI-ranked universe. WAL scores in the top quartile across institutional flow (87.1), profitability (83.1), revenue growth (75.1). Areas of concern include earnings quality (4.0) and free cash flow (10.4), which score below median versus the broader universe. Shareholder dilution risk is elevated at 5.3/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), WESTERN ALLIANCE BANCORPORATION reports quarterly revenue of $995.7M, net income of $261.7M, an operating margin of 33.3%. Top institutional holders of WAL by reported 13-F value include BlackRock, PRICE T ROWE ASSOCIATES, Invesco Ltd., based on the most recent SEC filings. WAL trades on the NYSE exchange and files with the SEC under CIK 1212545. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate WAL daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for WESTERN ALLIANCE BANCORPORATION directly from SEC EDGAR.
AI Quality Score
67.5/100
AI Rank
#362
Revenue
$995.7M
Net Income
$261.7M
Operating Margin
33.3%
WAL key financials by period
WESTERN ALLIANCE BANCORPORATION reported revenue, net income and margins by fiscal period, from SEC filings.
Period
Form
Revenue
Net income
Operating margin
FY 2025
10-K
$3.5B
$969.0M
34.1%
FY 2024
10-K
$3.2B
$787.7M
31.4%
FY 2023
10-K
$2.6B
$722.4M
35.6%
FY 2022
10-K
$2.5B
$1.1B
51.8%
FY 2021
10-K
$2.0B
$899.2M
57.5%
FY 2020
10-K
$1.2B
$506.6M
50.3%
Institutions holding WAL
Institutional investors reporting a position in WESTERN ALLIANCE BANCORPORATION on SEC Form 13F.
AI-extracted from the 10-Q filed 2026-07-31 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.
Western Alliance grew net interest income 14.2% YoY to $796.9M on strong loan and deposit growth, but provision for credit losses rose to $80.4M amid CRE charge-offs and a $126.4M Leucadia/Jefferies loan default resolved earlier in the year.
Biggest Revenue Drivers
Disbursements and escrow fees$17.2Mvs $1.6M prior year
Growth in disbursements business
Banking service charges and fees$19.4Mvs $17.0M prior year
Biggest Revenue Drivers
Total revenue: $45.7M+94% YoY
Disbursements and escrow fees$17.2Mvs $1.6M prior year
Growth in disbursements business
Banking service charges and fees$19.4Mvs $17.0M prior year
Interchange fees$5.0Mvs $2.9M prior year
Other fees$4.1Mvs $2.0M prior year
Largest Expense Items
Salaries and employee benefits$204.3M+$24.4M YoY
Higher average salaries and headcount
Deposit costs$179.2M+$31.8M YoY
Higher average earnings-credit-rate (ECR) balances, which rose ~$6.0B to $31.6B
Data processing$52.1M+$7.1M YoY
Higher software-related costs
Legal, professional, and directors' fees$32.8M+$7.5M YoY
Margins: Net interest margin was flat YoY at 3.53% as lower funding costs offset declining asset yields; efficiency ratio improved to 58.0% from 60.1% a year ago, aided by lower FDIC insurance expense.
Watch Items from the Filing
Provision for credit losses jumped to $80.4M (vs $39.9M in Q2 2025) amid annualized net charge-offs of 0.37% of average loans, up from 0.22% a year ago.
The Bank recorded a $126.4M charge-off in the six-month period tied to a trade finance loan default by Leucadia Asset Management/Jefferies Financial Group linked to bankrupt First Brands Group receivables; litigation continues for recovery.
CRE-related loans remain ~26% of total loans, with $32.0M of gross charge-offs on CRE non-owner-occupied loans in the quarter; management flags CRE conditions could worsen further.
Deposit optimization strategy reduced higher-cost deposits by over $1 billion near quarter-end to improve net interest margin over time.
Total deposits grew 6.1% and loans HFI grew 3.9% since year-end 2025, with CET1 ratio steady at 11.0%, both well above well-capitalized thresholds.
AI-extracted and verified against SEC EDGAR filing text. Not investment advice.
