Filing Flows › Western Alliance Bancorporation (WAL) › Q2 2026 › vs Q1 2026
Western Alliance Bancorporation (WAL) Q2 2026 vs Q1 2026 (quarter over quarter)
Western Alliance Bancorporation's revenue fell $23.2M (-2%) from $1.0B in Q1 2026 to $996M in Q2 2026. Operating margin 33.3% against 22.7% (+10.6 pts).
Western Alliance Bancorporation, Q2 2026: revenue $996M (+18% year over year), operating margin 33.3%, net earnings $262M, operating cash flow −$356M. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 33.3% | 22.7% | +10.6 pts |
| Net margin | 26.3% | 17.9% | +8.4 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $996M | $1.0B | −$23.2M | -2% |
| Operating profit | $332M | $231M | $101M | +44% |
| Costs & expenses | $664M | $788M | −$124M | -16% |
| Pre-tax earnings | $332M | $231M | $101M | +44% |
| Credit loss provision | $80.4M | $213M | −$133M | -62% |
| Noninterest expense | $583M | $574M | $8.9M | +2% |
| Net earnings | $262M | $182M | $79.6M | +44% |
| Minority interests | $7.1M | $7.1M | $0 | 0% |
| Income tax | $63.2M | $42.1M | $21.1M | +50% |
| Operating cash sources | $660M | $727M | −$66.6M | -9% |
| Depreciation & amortization | $29.3M | $28.5M | $800K | +3% |
| Share-based compensation | $13.1M | $9.0M | $4.1M | +46% |
| Cash used in operations | $356M | $507M | −$151M | -30% |
| Working capital & other | $660M | $727M | −$66.6M | -9% |
Questions
How much did Western Alliance Bancorporation's revenue grow quarter over quarter in Q2 2026?
Western Alliance Bancorporation's revenue fell $23.2M (-2%) from $1.0B in Q1 2026 to $996M in Q2 2026. Operating margin 33.3% against 22.7% (+10.6 pts).