For Q1 FY2026 ended March 31, 2026, Western Alliance Bancorporation reported revenue of $67.2 million, up 192.2% year-over-year. Net income was $182.1 million, down 8.5% from the prior year. Diluted EPS was $1.65, a decrease of 7.8%. Total equity stood at $7.615 billion, with long-term debt of $1.086 billion.
•Revenue surged 192.2% YoY to $67.2 million.
•Net income fell 8.5% YoY to $182.1 million.
•Diluted EPS decreased 7.8% to $1.65.
•Equity totaled $7.615 billion; long-term debt was $1.086 billion.
Informational summary based on SEC XBRL figures · generated by deepseek-v4-flash. Not investment advice.
Western Alliance Bancorporation is the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada.
Its business is organized into Commercial and Consumer Related segments. The company offers deposit products, including demand deposit, checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts.
Its portfolio also includes treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors, and residential mortgage products and services
Commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and commercial loans.
Its portfolio also includes commercial real estate loans, which are secured by multifamily residential properties, professional offices, industrial facilities, retail centers, hotels, and commercial properties, construction and land development loans for single family and multifamily residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments, and consumer loans.
Additionally, it offers other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and digital payment offerings, lock box services, courier, and cash management services.
It also holds certain investment securities, municipal and non-profit loans, and leases. Its portfolio also includes invests primarily in low-income housing tax credits and small business investment corporations, and certain real estate loans and related securities. Founded in 1994, Western Alliance Bancorporation is headquartered in Phoenix, Arizona.
What does Western Alliance Bancorporation (WAL) do?
Western Alliance Bancorporation is the bank holding company for Western Alliance Bank, providing a wide range of banking products and services primarily in Arizona, California, and Nevada. Its business is organized into Commercial and Consumer Related segments. The company offers deposit products such as checking, savings, money market accounts, and certificates of deposit. It also provides treasury management services, specialized banking for commercial institutions and investors, residential mortgage products, and various loan products including working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans, and commercial real estate loans secured by multifamily properties, offices, industrial facilities, retail centers, and hotels. Additionally, it offers construction and land development loans for residential and commercial projects, consumer loans, and digital banking services like internet banking, wire transfers, and electronic bill payment.
Where is Western Alliance Bancorporation (WAL) listed and in what currency?
Western Alliance Bancorporation is listed on the New York Stock Exchange (NYSE) under the ticker symbol WAL. Its shares are traded in US Dollars (USD), as the company is based in the United States. The exchange and currency reflect its primary market for investors, with all financial reporting and transactions conducted in USD.
What sector and industry does Western Alliance Bancorporation (WAL) belong to?
Western Alliance Bancorporation operates in the Financial Services sector, specifically within the Banks - Regional industry. This means it is a regional bank that focuses on providing traditional banking services to individuals and businesses in specific geographic areas, as opposed to large national or global banks. Its industry classification indicates it primarily engages in lending, deposit-taking, and related financial services for customers in its operating regions.
Which geographic markets does Western Alliance Bancorporation (WAL) serve?
Western Alliance Bancorporation primarily serves customers in three US states: Arizona, California, and Nevada. Through its subsidiary Western Alliance Bank, it offers banking products and services to individuals, small and middle-market businesses, and sophisticated commercial institutions in these regions. The company's focus on these states allows it to tailor its offerings to the local economic conditions and customer needs, including specialized services for technology companies and real estate developers in these growing markets.