Filing Flows › Western Alliance Bancorporation (WAL) › Q3 2026 › vs Q3 2025
Western Alliance Bancorporation (WAL) Q3 2026 vs Q3 2025 (year over year)
Western Alliance Bancorporation's revenue rose $76.0M (+8%) from $938M in Q3 2025 to $1.0B in Q3 2026. The biggest changes: Net interest income +$57.2M (+8%); Noninterest income +$18.8M (+10%). Operating margin 33.4% against 33.4% (-0.0 pts).
Western Alliance Bancorporation, Q3 2026: revenue $1.0B (+8% year over year), operating margin 33.4%, net earnings $270M, operating cash flow $770M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 33.4% | 33.4% | -0.0 pts |
| Net margin | 26.6% | 27.0% | -0.4 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $808M | $750M | $57.2M | +8% |
| Noninterest income | $207M | $188M | $18.8M | +10% |
| Revenue | $1.0B | $938M | $76.0M | +8% |
| Operating profit | $339M | $314M | $25.3M | +8% |
| Costs & expenses | $675M | $624M | $50.7M | +8% |
| Pre-tax earnings | $339M | $314M | $25.3M | +8% |
| Credit loss provision | $80.0M | $80.0M | $0 | 0% |
| Noninterest expense | $595M | $544M | $50.7M | +9% |
| Net earnings | $270M | $253M | $16.7M | +7% |
| Minority interests | $7.1M | $7.1M | $0 | 0% |
| Income tax | $61.9M | $53.3M | $8.6M | +16% |
| Depreciation & amortization | $29.6M | $27.7M | $1.9M | +7% |
| Share-based compensation | $18.4M | $12.8M | $5.6M | +44% |
| Working capital & other | $452M | −$891M | $1.3B | — |
| Operating cash flow | $770M | −$597M | $1.4B | — |
Questions
How much did Western Alliance Bancorporation's revenue grow year over year in Q3 2026?
Western Alliance Bancorporation's revenue rose $76.0M (+8%) from $938M in Q3 2025 to $1.0B in Q3 2026.
What drove Western Alliance Bancorporation's revenue change in Q3 2026?
Net interest income +$57.2M (+8%); Noninterest income +$18.8M (+10%).