Western Alliance Bancorporation (WAL) Net Margin (2010 - 2026)
Western Alliance Bancorporation's Net Margin was 25.96% in Q2 2026, down 0.90 percentage points from 26.86% a year earlier but up 8.40 percentage points from the prior quarter.
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Analysis
Western Alliance Bancorporation (WAL) Net Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, Western Alliance Bancorporation's Net Margin was 24.67% through Jun 30, 2026, down 0.70 percentage points year-over-year; for FY2025, it came in at 26.99%, up 2.48 percentage points from FY2024.
- Net Margin shows a five-year change of -274.92 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 24.51% in FY2024 (-2.58 pp), 27.09% in FY2023 (-14.02 pp), 41.11% in FY2022 (-4.76 pp) and 45.86% in FY2021 (-256.04 pp).
- Quarterly Net Margin has moved between 17.56% (Q1 2026) and 43.23% (Q4 2021) over five years.
- Compared with a year earlier, Net Margin was higher in five of the last eight quarters, with an average year-over-year change of -0.07 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q4 2024 (a gain of 4.28 percentage points); the worst was Q4 2023 (a drop of 20.12 percentage points).
- Per Business Quant data, WAL's Net Margin in the three quarters before Q2 2026 was 17.56% (Q1 2026), 28.84% (Q4 2025) and 26.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Jpmorgan Chase | 879.54 Bn | 909.01 Bn | - | 36.19% |
| 2 | Banco Santander Chile | 418.48 Bn | 538.42 Bn | - | - |
| 3 | Bank Of America | 381.92 Bn | -1,994.15 Bn | - | 27.72% |
| 4 | Hsbc Holdings | 341.10 Bn | 341.15 Bn | - | - |
| 5 | Morgan Stanley | 295.71 Bn | -213.38 Bn | - | 25.46% |
| 6 | Royal Bank Of Canada | 275.38 Bn | 126.13 Bn | - | 32.50% |
| 7 | Mitsubishi Ufj Financial | 273.79 Bn | -1,314.70 Bn | 10.89 Bn | - |
| 8 | Goldman Sachs | 262.78 Bn | -3,294.34 Bn | - | 31.46% |
| 9 | Wells Fargo & Company | 242.61 Bn | 244.75 Bn | - | 27.23% |
| 10 | Western Alliance Bancorporation | 8.20 Bn | 8.16 Bn | - | 25.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.96% |
| Mar 31, 2026 | 17.56% |
| Dec 31, 2025 | 28.84% |
| Sep 30, 2025 | 26.67% |
| Jun 30, 2025 | 26.86% |
| Mar 31, 2025 | 25.18% |
| Dec 31, 2024 | 25.49% |
| Sep 30, 2024 | 23.89% |
| Jun 30, 2024 | 24.67% |
| Mar 31, 2024 | 23.90% |
| Dec 31, 2023 | 21.21% |
| Sep 30, 2023 | 29.80% |
| Jun 30, 2023 | 31.75% |
| Mar 31, 2023 | 25.19% |
| Dec 31, 2022 | 41.33% |
| Sep 30, 2022 | 39.28% |
| Jun 30, 2022 | 41.45% |
| Mar 31, 2022 | 42.62% |
| Dec 31, 2021 | 43.23% |
| Sep 30, 2021 | 43.19% |
API Access
Western Alliance Bancorporation Net 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=net-margin&ticker=WAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=WAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();