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Federal at other companies

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ProgressivePGR
$748M-21.6%
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CF IndustriesCF
$39M+455%
American International Group logo
American International GroupAIG
-$30.75M-124%
Two Harbors Investment Corporation logo
Two Harbors Investment CorporationTWO
Popular logo
PopularBPOP
TPX
TPXTPX

Other financials

Income statement

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Revenue$1.0B+31.0%
Net income$182.1M-8.5%
EPS (diluted)$1.65-7.8%

Balance sheet

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Cash & equivalents$8.6B+161%
Total debt$4.7B+73.9%
Total equity$7.6B+10.0%
Total assets$98.9B+19.0%

Cash flow

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Operating cash flow-$507.2M+69.3%
CapEx$24.2M+45.8%
Free cash flow-$531.4M+68.2%

Valuation

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Market cap$8.73B-8.3%
Enterprise value$4.85B-50.5%
P/E9.2×-2.6×
P/S2.3×-0.7×

Profitability

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Net margin25.2%0.0pp
FCF margin-43.7%-17.4pp

Returns & leverage

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Return on equity13.1%+0.7pp
Debt / equity0.6×+0.2×

Where this comes from

Reported directly by Western Alliance Bancorporation in its filing.

Tagged under the XBRL concept us-gaap:DeferredFederalIncomeTaxExpenseBenefit.

The official record: Western Alliance Bancorporation’s 10-K, filed February 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Alliance Bancorporation's federal?
Western Alliance Bancorporation (WAL) reported federal of -$31.65M in Q4 2025.
What does federal mean?
The federal tax expense or benefit resulting from temporary timing differences in accounting.
How do you interpret federal?
A significant deferred tax benefit may indicate future tax savings, while a deferred expense indicates future tax payments related to current accounting gains.
How does federal compare across companies?
Standard component of the tax provision for all companies following GAAP.