What is the 13F Pro Quality Score for WAL?

13F Pro ranks WESTERN ALLIANCE BANCORPORATION (WAL) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View WAL's current score at https://13fpro.ai/company/WAL (free sign-up required for the full ranking).

Which hedge funds own the most WAL stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of WAL include BlackRock,, PRICE T ROWE ASSOCIATES /MD/, Invesco Ltd.. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/WAL as soon as new 13F filings post.

Where does 13F Pro source WAL data?

All WESTERN ALLIANCE BANCORPORATION fundamentals and ownership data come directly from SEC EDGAR. WESTERN ALLIANCE BANCORPORATION files with the SEC under CIK 1212545. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is WAL in?

WESTERN ALLIANCE BANCORPORATION (WAL) is classified in the Financials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/financials.

What are WAL's largest expenses?

WESTERN ALLIANCE BANCORPORATION's latest 10-Q reports these as the largest expense items: Salaries and employee benefits ($204.3M, +$24.4M YoY); Deposit costs ($179.2M, +$31.8M YoY); Data processing ($52.1M, +$7.1M YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is WAL research updated on 13F Pro?

WAL's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

WESTERN ALLIANCE BANCORPORATION(WAL)Stock Analysis

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13F Pro Quality Score

67.5/100

Rank #358 of 2,961 stocksTOP 25%

View Financials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

75.1/100

Profitability

83.1/100

Balance Sheet

43.3/100

Earnings Quality

4.0/100

Free Cash Flow

10.4/100

Institutional Flow

87.1/100

Revenue Scale

74.4/100

Dilution Risk

5.3/100

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Why WAL Scores 68/100

exact factor attribution · 2026-09-11

WAL's composite is driven by revenue growth and profitability, held back by free cash flow and earnings quality. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+6.7 pts

75th pct

Profitability

+6.6 pts

83th pct

Scale

+4.9 pts

74th pct

Institutional flow

+2.5 pts

87th pct

Earnings growth

+0.7 pts

61th pct

Capital efficiency

-0.9 pts

43th pct

Shareholder dilution

-3.0 pts

5th pct

Earnings quality

-4.6 pts

4th pct

Free cash flow

-5.9 pts

10th pct

Latest change (2026-08-02): 56 → 53 · ↓ Revenue growth 99→80

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

WAL Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for WESTERN ALLIANCE BANCORPORATION (WAL), 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 #358 of 2,961 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. WESTERN ALLIANCE BANCORPORATION's 13F Pro composite quality score has ranged between 28 and 68 since 2024, currently 67.5 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.

✦

Fun facts about WESTERN ALLIANCE BANCORPORATION

Quirks, history, and lore behind WAL — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. regional bank holding company · listed on the NYSE · headquartered in Phoenix, Arizona · serves commercial clients across the American West.
2
The Numbers
Holds roughly $80 billion in assets, making it one of the larger U.S. regional banks, with a focus on commercial and industrial loans rather than consumer retail banking.
3
The History
Built substantially through acquisitions over the 2000s and 2010s, the bank expanded aggressively across Nevada, California, and Arizona to become a powerhouse in Sun Belt commercial lending.
4
The Secret
It built a specialty serving technology and innovation companies, stepping into a niche that got very crowded — and very dangerous — in 2023's regional banking panic.
5
The Lore
When Silicon Valley Bank collapsed in March 2023, this bank's stock briefly cratered over 80% in a single day on contagion fears — then staged one of the most dramatic recoveries of the crisis.
6
The Giveaway
Its ticker is three letters that could double as a rodeo cheer, its name literally screams cowboy country banking, and it survived 2023's bank run scare to remain the Southwest's go-to commercial lender.

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What's Driving WAL's Business? Latest 10-Q Breakdown

✓ 23/23 datapoints verified

AI-extracted from WESTERN ALLIANCE BANCORPORATION's 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.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$995.7M

Net Income

Q2 2026

$261.7M

Operating Margin

Q2 2026

33.3%

ROIC

Q2 2026

9.4%

D/E Ratio

Q2 2026

0.80

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+12.0% YoY

$3.54BFY 2025

FY22 $2.54BFY23 $2.62BFY24 $3.16BFY25 $3.54B

Net Income

+23.0% YoY

$969.0MFY 2025

FY22 $1.06BFY23 $722.4MFY24 $787.7MFY25 $969.0M

EPS (Diluted)

+23.1% YoY

$8.73FY 2025

FY22 $9.70FY23 $6.54FY24 $7.09FY25 $8.73

Total Assets

+14.6% YoY

$92.77BFY 2025

FY22 $67.73BFY23 $70.86BFY24 $80.93BFY25 $92.77B

Total Debt

-6.0% YoY

$5.24BFY 2025

FY22 $6.30BFY23 $7.23BFY24 $5.57BFY25 $5.24B

Op. Cash Flow

+2.3% YoY

$-2.68BFY 2025

FY22 $2.25BFY23 $-328.6MFY24 $-2.74BFY25 $-2.68B

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.54B +12.0%	$3.16B +20.7%	$2.62B +3.1%	$2.54B +30.1%	$1.95B +57.8%	$1.24B
Net Income	$969.0M +23.0%	$787.7M +9.0%	$722.4M -31.7%	$1.06B +17.6%	$899.2M +77.5%	$506.6M
EPS (Diluted)	$8.73 +23.1%	$7.09 +8.4%	$6.54 -32.6%	$9.70 +11.9%	$8.67 +72.0%	$5.04
Total Assets	$92.77B +14.6%	$80.93B +14.2%	$70.86B +4.6%	$67.73B +21.0%	$55.98B +53.5%	$36.46B
Total Debt	$5.24B -6.0%	$5.57B -22.9%	$7.23B +14.8%	$6.30B +319.4%	$1.50B +7052.4%	$21.0M
Operating Cash Flow	$-2.68B +2.3%	$-2.74B -734.4%	$-328.6M -114.6%	$2.25B +184.6%	$-2.65B -496.0%	$670.2M

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Available Research

13F Pro tracks comprehensive data for WESTERN ALLIANCE BANCORPORATION including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of WAL

BlackRock, Inc.
$926.9M11,276,134 sh
PRICE T ROWE ASSOCIATES INC /MD/
$518.9M6,312,247 sh
Invesco Ltd.
$482.6M5,871,003 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$447.2M5,439,993 sh
AQR CAPITAL MANAGEMENT LLC
$423.0M5,151,917 sh
VANGUARD CAPITAL MANAGEMENT LLC
$384.1M4,673,084 sh
WELLINGTON MANAGEMENT GROUP LLP
$360.8M4,389,690 sh
STATE STREET CORP
$351.1M4,271,252 sh
DIMENSIONAL FUND ADVISORS LP
$330.8M4,024,180 sh
Davis Asset Management, L.P.
$274.2M3,336,000 sh

Fund	Value	Shares
BlackRock, Inc.	$926.9M	11,276,134
PRICE T ROWE ASSOCIATES INC /MD/	$518.9M	6,312,247
Invesco Ltd.	$482.6M	5,871,003
VANGUARD PORTFOLIO MANAGEMENT LLC	$447.2M	5,439,993
AQR CAPITAL MANAGEMENT LLC	$423.0M	5,151,917
VANGUARD CAPITAL MANAGEMENT LLC	$384.1M	4,673,084
WELLINGTON MANAGEMENT GROUP LLP	$360.8M	4,389,690
STATE STREET CORP	$351.1M	4,271,252
DIMENSIONAL FUND ADVISORS LP	$330.8M	4,024,180
Davis Asset Management, L.P.	$274.2M	3,336,000

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Is WAL a good stock to buy?

13F Pro's AI-powered analysis of WESTERN ALLIANCE BANCORPORATION (WAL) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for WAL are available on the WAL stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. WAL is classified as a mid company.

Which hedge funds own WAL?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling WAL. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of WESTERN ALLIANCE BANCORPORATION's investment landscape.