Western Alliance Bancorporation
Western Alliance Bancorporation (WAL) Financial Performance & Income Statement Overview
Review Western Alliance Bancorporation (WAL) income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Western Alliance Bancorporation (WAL) Income Statement & Financial Overview
Access detailed annual and quarterly income data for Western Alliance Bancorporation WAL financial performance.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $1.22B | $1.31B | $1.33B | $1.27B |
| Cost of Revenue | $476.20M | $529.30M | $536.50M | $530.50M |
| Gross Profit | $746.80M | $778.40M | $789.50M | $734.70M |
| Gross Profit Ratio | $0.61 | $0.60 | $0.60 | $0.58 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $188.30M | $176.50M | $167.50M | $159.40M |
| Operating Expenses | $500.40M | $519.00M | $537.40M | $486.80M |
| Total Costs & Expenses | $976.60M | $1.05B | $1.07B | $1.02B |
| Interest Income | $1.10B | $1.14B | $1.20B | $1.15B |
| Interest Expense | $445.00M | $472.10M | $503.10M | $490.90M |
| Depreciation & Amortization | $31.00M | $35.90M | $28.40M | $27.40M |
| EBITDA | $277.40M | $295.30M | $280.50M | $275.30M |
| EBITDA Ratio | $0.23 | $0.23 | $0.21 | $0.22 |
| Operating Income | $246.40M | $259.40M | $252.10M | $247.90M |
| Operating Income Ratio | $0.20 | $0.20 | $0.19 | $0.20 |
| Other Income/Expenses (Net) | $0.00 | $0.00 | $0.00 | $0.00 |
| Income Before Tax | $246.40M | $259.40M | $252.10M | $247.90M |
| Income Before Tax Ratio | $0.20 | $0.20 | $0.19 | $0.20 |
| Income Tax Expense | $47.30M | $42.50M | $52.30M | $54.30M |
| Net Income | $199.10M | $216.90M | $199.80M | $193.60M |
| Net Income Ratio | $0.16 | $0.17 | $0.15 | $0.15 |
| EPS | $1.79 | $1.97 | $1.81 | $1.75 |
| Diluted EPS | $1.79 | $1.95 | $1.80 | $1.75 |
| Weighted Avg Shares Outstanding | $108.80M | $108.70M | $108.70M | $108.60M |
| Weighted Avg Shares Outstanding (Diluted) | $109.60M | $109.50M | $109.50M | $109.10M |
Over the last four quarters, Western Alliance Bancorporation achieved steady financial progress, growing revenue from $1.27B in Q2 2024 to $1.22B in Q1 2025. Gross profit stayed firm with margins at 61% in Q1 2025 versus 58% in Q2 2024. Operating income totaled $246.40M in Q1 2025, maintaining a 20% margin over recent quarters. Despite shifts in R&D and SG&A costs, EBITDA stayed strong at $277.40M. Net income dropped to $199.10M, with EPS at $1.79. Disciplined expense strategies and efficient operations ensured sustained profitability and long-term financial stability.
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