Western Alliance Bancorporation (WAL) FCF Margin (2009 - 2026)
Western Alliance Bancorporation (WAL) reported FCF Margin of -37.70% for Q2 2026, up 7.08 percentage points from -44.78% a year earlier and up 14.45 percentage points from the prior quarter.
Western Alliance Bancorporation (WAL) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Western Alliance Bancorporation's FCF Margin came in at -41.96%, up 73.33 percentage points year-over-year; for FY2025, it came in at -78.84%, up 10.53 percentage points from FY2024.
- FCF Margin has a five-year change of -130.82 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -89.36% in FY2024 (-72.46 pp), -16.91% in FY2023 (-99.72 pp), 82.82% in FY2022 (+222.26 pp) and -139.45% in FY2021 (-191.43 pp).
- Five-year quarterly FCF Margin spans a low of -394.48% in Q3 2021 and a high of 107.36% in Q1 2022.
- Year over year, FCF Margin has now increased in each of the last five quarters, with an average year-over-year change of +1.50 percentage points over the last eight quarters.
- The high point for year-over-year FCF Margin in five years was Q3 2022 (a gain of 462.87 percentage points); the low point was Q3 2021 (a drop of 444.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -52.15% (Q1 2026), -12.05% (Q4 2025) and -66.68% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 909.02 Bn | 886.77 Bn | - | 66.09% |
| 2 | Banco Santander Chile | 406.67 Bn | -7,110.43 Bn | - | - |
| 3 | Bank Of America | 350.91 Bn | -2,025.20 Bn | - | -21.69% |
| 4 | Hsbc Holdings | 308.71 Bn | -2,966.46 Bn | - | - |
| 5 | Morgan Stanley | 293.66 Bn | -249.15 Bn | - | -230.94% |
| 6 | Royal Bank Of Canada | 283.56 Bn | -546.44 Bn | - | 189.34% |
| 7 | Goldman Sachs | 262.71 Bn | -3,480.74 Bn | - | 19.57% |
| 8 | Wells Fargo & Company | 257.44 Bn | 92.87 Bn | - | 40.54% |
| 9 | Mitsubishi Ufj Financial | 256.82 Bn | -75.42 Bn | 10.89 Bn | - |
| 10 | Western Alliance Bancorporation | 8.21 Bn | -15.23 Bn | - | 73.06% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 73.06% |
| Jun 30, 2026 | -37.70% |
| Mar 31, 2026 | -52.15% |
| Dec 31, 2025 | -12.05% |
| Sep 30, 2025 | -66.68% |
| Jun 30, 2025 | -44.78% |
| Mar 31, 2025 | -214.73% |
| Dec 31, 2024 | -77.34% |
| Sep 30, 2024 | -132.44% |
| Jun 30, 2024 | -98.73% |
| Mar 31, 2024 | -44.64% |
| Dec 31, 2023 | 46.01% |
| Sep 30, 2023 | -83.20% |
| Jun 30, 2023 | -73.17% |
| Mar 31, 2023 | 59.58% |
| Dec 31, 2022 | 105.19% |
| Sep 30, 2022 | 68.40% |
| Jun 30, 2022 | 50.95% |
| Mar 31, 2022 | 107.36% |
| Dec 31, 2021 | 102.92% |
Western Alliance Bancorporation FCF 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=fcf-margin&ticker=WAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();