Western Alliance (WAL)
Combines western commercial banking, national specialist teams, and AmeriHome mortgage services.
$77.90
vs last close+0.15 (+0.19%)
In millions of USD, except per-share figures
| In millions | Q3 FY23Sep 2023 | Q4 FY23Dec 2023 | Q1 FY24Mar 2024 | Q2 FY24Jun 2024 | Q3 FY24Sep 2024 | Q4 FY24Dec 2024 | Q1 FY25Mar 2025 | Q2 FY25Jun 2025 | Q3 FY25Sep 2025 | Q4 FY25Dec 2025 | Q1 FY26Mar 2026 | Q2 FY26Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,148 | 1,118 | 1,170 | 1,246 | 1,307 | 1,290 | 1,207 | 1,283 | 1,398 | 1,407 | 1,441 | 888 |
| Cost of revenue | 456 | 459 | 471 | 528 | 537 | 529 | 476 | 497 | 555 | 524 | 635 | 515 |
| Gross profit | 692 | 658 | 699 | 718 | 771 | 761 | 730 | 786 | 843 | 882 | 806 | 373 |
| 414 | 447 | 467 | 470 | 519 | 501 | 484 | 495 | 529 | 527 | 574 | 41 | |
| 142 | 141 | 160 | 159 | 168 | 177 | 188 | 186 | 224 | 45 | 287 | 41 | |
| Selling & marketing | 5 | 7 | 6 | 6 | 10 | 11 | 6 | 6 | 6 | 11 | 10 | 8 |
| General & administrative | 137 | 135 | 155 | 153 | 158 | 165 | 182 | 180 | 218 | 34 | 278 | 33 |
| Other expenses | 272 | 306 | 306 | 311 | 351 | 325 | 296 | 309 | 306 | 482 | 287 | 0 |
| Operating income | 278 | 211 | 232 | 248 | 252 | 259 | 246 | 291 | 314 | 356 | 231 | 332 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest income | 1,027 | 1,039 | 1,055 | 1,148 | 1,200 | 1,139 | 1,096 | 1,154 | 1,226 | 1,217 | 1,188 | 1,232 |
| Interest expense | 440 | 447 | 456 | 491 | 503 | 472 | 445 | 457 | 475 | 451 | 422 | 435 |
| Income before tax | 278 | 211 | 232 | 248 | 252 | 259 | 246 | 291 | 314 | 356 | 231 | 332 |
| Income tax expense | 61 | 63 | 54 | 54 | 52 | 43 | 47 | 54 | 53 | 63 | 42 | 63 |
| Net income from continuing operations | 217 | 148 | 177 | 194 | 200 | 217 | 199 | 238 | 261 | 293 | 189 | 269 |
| Net income | 217 | 148 | 177 | 194 | 200 | 217 | 199 | 230 | 253 | 286 | 189 | 262 |
| EPS, basic | $1.97 | $1.33 | $1.61 | $1.75 | $1.81 | $1.97 | $1.79 | $2.07 | $2.30 | $2.61 | $1.68 | $2.41 |
| EPS, diluted | $1.97 | $1.33 | $1.60 | $1.75 | $1.80 | $1.95 | $1.79 | $2.07 | $2.28 | $2.59 | $1.67 | $2.36 |
| Weighted average shares, basic | 108 | 108 | 109 | 109 | 109 | 109 | 109 | 110 | 109 | 108 | 108 | 108 |
| Weighted average shares, diluted | 109 | 109 | 109 | 109 | 110 | 110 | 110 | 110 | 110 | 109 | 109 | 109 |
| EBITDA | 294 | 236 | 259 | 275 | 281 | 295 | 277 | 324 | 347 | 389 | 266 | 367 |
| Depreciation & amortization | 16 | 25 | 27 | 27 | 28 | 36 | 31 | 32 | 34 | 33 | 35 | 35 |
| EBIT | 278 | 211 | 232 | 248 | 252 | 259 | 246 | 291 | 314 | 356 | 231 | 332 |