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Popular vs Western Alliance Bancorporation

Popular and Western Alliance Bancorporation are similar in size: $3.20bn and $3.54bn of revenue in their latest fiscal years. Western Alliance Bancorporation grew faster (12.0% against 8.8%). Western Alliance Bancorporation kept more of each dollar of sales as profit: a net margin of 27.3% against 26.0%.

Latest fiscal yearPopularBPOP, 2025Western Alliance BancorporationWAL, 2025
Revenue $3.20bn $3.54bn
Revenue growth 8.8% 12.0%
Net income $833m $969m
Operating margin — —
Net margin 26.0% 27.3%
Return on equity 14.0% 13.5%
Free cash flow $681m —
Cash $413m $3.60bn
Total debt $1.45bn $5.24bn
Debt to equity — —
Dividend per share $2.90 —
Dividend yield 1.9% 2.1%
Share buybacks — $68.1m
Employees 9,406 3,769
Market value $10.03bn $8.29bn
Price vs our value range — —
Moat score 66 (Moderate) 82 (Strong)
Insider trades, 12 months 0 buys, 13 sales 0 buys, 9 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.