Western Alliance Bancorporation (WAL)

WAL Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	980.7	990.6	787.7	722.4	1,057	899.2
Depreciation & Amortization	133.7	130.1	118.5	86.5	74.6	50
Provision for Credit Losses	406.1	224.1	145.9	62.6	68.1	-21.4
Stock-Based Compensation	45	51.4	47.7	34.3	39.8	35.1
Net Change in Loans Held-for-Sale	-1,589	-2,547	-2,915	-552.8	1,878	-2,922
Other Adjustments	-1,370	-1,250	-1,192	-796.3	-833.8	-537.4
Changes in Other Operating Activities	-117.75	-279	264.9	114.7	-38.7	-157.6
Operating Cash Flow	-1,532	-2,679	-2,742	-328.6	2,245	-2,654
Net Change in Loans Held-for-Investment	-4,931	-5,237	-3,816	1,107	-11,173	-12,665
Net Change in Securities and Investments	-4,261	-5,007	-2,006	-3,705	-1,812	-2,001
Payments for Business Acquisitions	-	-	-	-	-50	-1,024
Capital Expenditures	-121.9	-114.3	-83.8	-114.3	-141	-69.4
Other Investing Activities	448.3	374.8	-25.5	553.8	45.3	1,048
Investing Cash Flow	-8,813	-9,948	-5,967	-2,159	-13,130	-14,712
Net Change in Deposits	13,396	10,811	11,002	1,689	6,032	15,682
Net Change in Short-Term Interbank Borrowing and Repurchase Agreements	-	-	-	-19.2	-	-
Long-Term Debt Issued	7,096	7,596	3,000	9.9	578.4	1,056
Long-Term Debt Repaid	-7,452	-8,452	-1,026	-818.1	-30.7	-475.9
Net Long-Term Debt Issued (Repaid)	-355.9	-855.9	1,974	-808.2	547.7	579.8
Issuance of Common Stock	-	-	0.1	0.1	157.7	540.3
Repurchase of Common Stock	-127	-80	-8.7	-11	-18.5	-15.8
Net Common Stock Issued (Repurchased)	-127	-80	-8.6	-10.9	139.2	524.5
Issuance of Preferred Stock	-	-	-	-	-	294.5
Net Preferred Stock Issued (Repurchased)	-	-	-	-	-	294.5
Common Dividends Paid	-189.1	-184.8	-176.8	-171.5	-166.2	-127.6
Other Financing Activities	2,908	2,436	-1,562	2,341	4,859	-1,742
Financing Cash Flow	15,621	12,127	11,229	3,020	11,412	15,211
Net Cash Flow	5,276	-499.7	2,520	532.7	527	-2,155
Free Cash Flow	-1,654	-2,793	-2,826	-442.9	2,104	-2,723
FCF Margin	-48.97%	-84.16%	-93.69%	-17.32%	85.10%	-137.94%
Free Cash Flow Per Share	-15.13	-25.51	-25.85	-4.08	19.56	-26.36
Levered Free Cash Flow	477.35	-162.9	3,049	-11.7	1,487	1,299
Unlevered Free Cash Flow	-105.95	-263.2	299.6	86.9	-105.1	-177

Updated May 8, 2026. Data Source: Fiscal.ai. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q