Western Alliance Bancorporation WAL
NYSE WAL
$76.34 -0.90 (-1.17%)
At close: Nov 10, 2026 · 4:00 PM EST

Western Alliance Bancorporation (WAL) EBITDA Margin (2009 - 2026)

Updated

Western Alliance Bancorporation's EBITDA Margin was 78.34% in Q2 2026, down 10.96 percentage points from 89.30% a year earlier but up 13.16 percentage points from the prior quarter.

Analysis

Western Alliance Bancorporation (WAL) EBITDA Margin (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, Western Alliance Bancorporation's EBITDA Margin was 77.67% through Jun 30, 2026, down 12.18 percentage points year-over-year; for FY2025, it was 86.47%, down 5.95 percentage points from FY2024.

  • EBITDA Margin shows a five-year change of +30.79 percentage points (FY2020 to FY2025).
  • In earlier years, EBITDA Margin was 92.41% in FY2024 (-7.18 pp), 99.60% in FY2023 (+29.92 pp), 69.68% in FY2022 (+8.22 pp) and 61.46% in FY2021 (+5.78 pp).
  • Quarterly EBITDA Margin has moved between 59.70% (Q1 2022) and 105.15% (Q2 2023) over five years.
  • Compared with a year earlier, EBITDA Margin has declined for ten straight quarters, with an average year-over-year change of -9.20 percentage points over the last eight quarters.
  • The best year-over-year quarter for EBITDA Margin over five years was Q2 2023 (a gain of 45.17 percentage points); the worst was Q1 2026 (a drop of 24.38 percentage points).
  • Per Business Quant data, WAL's EBITDA Margin in the three quarters before Q2 2026 was 65.18% (Q1 2026), 83.06% (Q4 2025) and 84.91% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Jpmorgan Chase 909.02 Bn 886.77 Bn - 97.78%
2 Banco Santander Chile 406.67 Bn -7,110.43 Bn - -
3 Bank Of America 350.91 Bn -2,025.20 Bn - 91.48%
4 Hsbc Holdings 308.71 Bn -2,966.46 Bn - -
5 Morgan Stanley 293.66 Bn -249.15 Bn - 100.96%
6 Royal Bank Of Canada 283.56 Bn -546.44 Bn - 139.87%
7 Goldman Sachs 262.71 Bn -3,480.74 Bn - 142.21%
8 Wells Fargo & Company 257.44 Bn 92.87 Bn - 92.97%
9 Mitsubishi Ufj Financial 256.82 Bn -75.42 Bn 10.89 Bn -
10 Western Alliance Bancorporation 8.21 Bn -15.23 Bn - 79.09%
Historic Data

Historic Data

Download Data
DateValue
Sep 30, 2026 79.09%
Jun 30, 2026 78.34%
Mar 31, 2026 65.18%
Dec 31, 2025 83.06%
Sep 30, 2025 84.91%
Jun 30, 2025 89.30%
Mar 31, 2025 89.56%
Dec 31, 2024 88.56%
Sep 30, 2024 92.01%
Jun 30, 2024 95.18%
Mar 31, 2024 94.37%
Dec 31, 2023 96.48%
Sep 30, 2023 99.06%
Jun 30, 2023 105.15%
Mar 31, 2023 97.39%
Dec 31, 2022 86.51%
Sep 30, 2022 69.30%
Jun 30, 2022 59.98%
Mar 31, 2022 59.70%
Dec 31, 2021 60.20%
API Access

Western Alliance Bancorporation EBITDA Margin API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=ebitda-margin&ticker=WAL&period=max&api_key=YOUR_API_KEY