Western Alliance Bancorporation (WAL)

From the record

Western Alliance Bancorporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

From the record

Western Alliance Bancorporation's 10 filed years say what it did: revenue went from $701 million in fiscal 2016 to $4.7 billion in fiscal 2025, up 23.5% a year; it rose in 9 of 9 years; it never fell from a peak; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Western Alliance Bancorporation's diluted share count grew about 0.6% a year, and dividends and buybacks returned about 17% of its net income over 3 years (its filed statements). Its officers and directors filed 9 sales and 1 purchase of their own stock on the open market in the year to 2026-10-19, buying about $308 thousand (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Western Alliance Bancorporation earned about 13 cents of profit for every dollar of shareholders' money. Leverage: it owed about 92 cents per dollar of assets, and net share issuance: its share count grew 0.2% over the year (the filed statements).

From the record

Western Alliance Bancorporation's standing among 155 graded names in its industry family: revenue of $4.7 billion in fiscal 2025 ranks in the top 6% by size; a net margin of 20.6% ranks in the bottom 48%; revenue growth of 20.4% a year over the last 3 filed years ranks in the top 32% (its annual reports).

From the record

Western Alliance Bancorporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Vecchione, Kenneth (Chairman, President & CEO, as filed), filing under that title since 2018-07-30, 8.3 years (top 44% of its family); the 25 officers and directors filing in the last fifteen months have been on the record a median of 4.1 years (bottom 7%); 9 officer or director changes were reported on Form 8-K since 2023-11-13, against the 25 people in charge now (bottom 40%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Western Alliance Bancorporation's room to grow, from the newest filed statements (fiscal 2025): cash of $3.6 billion against debt of $1.4 billion leaves 2.4% of its assets as net cash, bottom 42% of its family; cash from operations less capital spending is -57.1% of revenue (bottom 1%) (its annual report).

From the record

Western Alliance Bancorporation's growth drivers, from the filed years to fiscal 2025: revenue grew 20.4% a year over the last three filed years against 23.5% over all 10, slowing (bottom 12% of its family); the newest year grew 3.3% (bottom 44%) (its annual reports). Western Alliance Bancorporation tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

From the record

Western Alliance Bancorporation's newest year against its own record: revenue of $4.7 billion in fiscal 2025 came in 20.4% below the $5.9 billion its prior three years' pace pointed to (bottom 26% of its family); net income of $969 million against a prior three-year average of $856 million (bottom 50%); a net margin of 20.6% against 24.8% before (bottom 43%) (its annual reports).