Western Alliance Bancorporation income statement
In fiscal 2025, Western Alliance Bancorporation reported revenue of $3.54bn, up 12.0% on the year before and net income of $969m, or $8.73 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 207 | 279 | 292 | 337 | 355 | 410 | 522 | 700 | 830 | 959 | 1,106 | 1,238 | 1,953 | 2,541 | 2,620 | 3,162 | 3,543 | 4,010 |
| Interest expense | 74 | 49 | 39 | 28 | 30 | 31 | 33 | 43 | 61 | 118 | 185 | 95 | 110 | 476 | 1,696 | — | — | — |
| Net interest income | 202 | 233 | 258 | 290 | 333 | 385 | 493 | 657 | 785 | 916 | 1,040 | 1,167 | 1,549 | 2,216 | 2,339 | 2,619 | 2,865 | 3,137 |
| Non-interest income | 4 | 47 | 34 | 47 | 22 | 25 | 30 | 43 | 45 | 43 | 65 | 71 | 404 | 325 | 281 | 543 | 678 | 873 |
| Non-interest expense | 243 | 197 | 196 | 189 | 196 | 207 | 261 | 331 | 361 | 424 | 482 | 492 | 851 | 1,157 | 1,623 | 2,025 | 2,112 | 2,305 |
| Provision for credit losses | 149 | 93 | 46 | 47 | 13 | 5 | 3 | 8 | 17 | 25 | 19 | 124 | −21 | 68 | 63 | 146 | 224 | 447 |
| Income before tax | −185 | −11 | 50 | 101 | 146 | 197 | 259 | 361 | 452 | 510 | 604 | 623 | 1,123 | 1,316 | 934 | 991 | 1,207 | 1,258 |
| Income tax | −38 | −6 | 17 | 26 | 30 | 48 | 64 | 101 | 126 | 75 | 105 | 116 | 224 | 259 | 211 | 204 | 217 | 230 |
| Net income | −151 | −7 | 31 | 73 | 115 | 148 | 194 | 260 | 325 | 436 | 499 | 507 | 899 | 1,057 | 722 | 788 | 969 | 1,000 |
| Diluted EPS | — | −$0.23 | $0.19 | $1.44 | $1.31 | $1.67 | $2.03 | $2.50 | $3.10 | $4.14 | $4.84 | $5.04 | $8.67 | $9.70 | $6.54 | $7.09 | $8.73 | $9.23 |
| Diluted shares (average) | 59m | 75m | 81m | 93m | 87m | 88m | 95m | 104m | 105m | 105m | 103m | 101m | 103m | 108m | 109m | 109m | 110m | 108m |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 838 | 778 | 846 | 938 | 981 | 1,019 | 996 | 1,014 |
| Net interest income | 667 | 651 | 698 | 750 | 766 | 766 | 797 | 808 |
| Non-interest income | 172 | 127 | 148 | 188 | 215 | 253 | 199 | 207 |
| Non-interest expense | 519 | 500 | 515 | 544 | 552 | 574 | 583 | 595 |
| Provision for credit losses | 60 | 31 | 40 | 80 | 73 | 213 | 80 | 80 |
| Income before tax | 259 | 246 | 291 | 314 | 356 | 231 | 332 | 339 |
| Income tax | 43 | 47 | 54 | 53 | 63 | 42 | 63 | 62 |
| Net income | 217 | 199 | 230 | 253 | 286 | 182 | 262 | 270 |
| Diluted EPS | $1.95 | $1.79 | $2.07 | $2.28 | $2.59 | $1.65 | $2.36 | $2.45 |
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