Western Alliance Bancorporation (WAL) Net Margin (2010 - 2026)
Western Alliance Bancorporation (WAL) posted quarterly Net Margin of 35.67% for Q2 2026, up 881.0% year-over-year from 3.64% in Q2 2025, and up 54.46% on a QoQ basis from 23.09% in Q1 2026.
Western Alliance Bancorporation (WAL) Net Margin (2010 - 2026) Analysis & Trends
Western Alliance Bancorporation has reported Net Margin for 17 years, with the latest figure at 35.67% in Q2 2026.
- Net Margin for Q2 2026 came in at 35.67%, up 881.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 28.33% (up 296.0% YoY), and the FY2025 annual result was 27.15%, up 250.0% from the prior year.
- Net Margin rose to 35.67% in Q2 2026, from 23.09% in the prior quarter.
- Over five years, Net Margin peaked at 126.42% in Q3 2023 and troughed at 137.41% in Q3 2022.
- A 5-year average of 32.82% and a median of 26.76% in 2025 frame the typical range for Net Margin.
- The widest annual swing landed in 2022, when Net Margin sank 18060 bps; it then surged 26383 bps in 2023.
- A 5-year view of Net Margin shows it stood at 41.33% in 2022, then slumped by 49 bps to 21.21% in 2023, then grew by 20 bps to 25.49% in 2024, then increased by 12 bps to 28.48% in 2025, then gained by 25 bps to 35.67% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 35.67% in Q2 2026, 23.09% in Q1 2026, and 28.48% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 28.41% |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 27.30% |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | 38.78% |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | 25.60% |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | 25.60% |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 28.85% |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 23.30% |
| 10 | Western Alliance Bancorporation | 8.55 Bn | 2.54 Bn | - | 26.67% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.67% |
| Mar 31, 2026 | 17.56% |
| Dec 31, 2025 | 35.86% |
| Sep 30, 2025 | 30.92% |
| Jun 30, 2025 | 36.54% |
| Mar 31, 2025 | 25.18% |
| Dec 31, 2024 | 18.84% |
| Sep 30, 2024 | 23.89% |
| Jun 30, 2024 | 28.21% |
| Mar 31, 2024 | 23.90% |
| Dec 31, 2023 | 30.62% |
| Sep 30, 2023 | 321.87% |
| Jun 30, 2023 | 72.33% |
| Mar 31, 2023 | 118.91% |
| Dec 31, 2022 | 42.26% |
| Sep 30, 2022 | 39.28% |
| Jun 30, 2022 | 47.10% |
| Mar 31, 2022 | 50.71% |
| Dec 31, 2021 | 53.19% |
| Sep 30, 2021 | 55.55% |