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Western Alliance Bancorporation WAL Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount

Effective Income Tax Rate Reconciliation, Tax Exempt Income, Amount at other companies

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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:IncomeTaxReconciliationTaxExemptIncome.

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 effective income tax rate reconciliation, tax exempt income, amount?
Western Alliance Bancorporation (WAL) reported effective income tax rate reconciliation, tax exempt income, amount of $7.9M in Q4 2025.
How has Western Alliance Bancorporation's effective income tax rate reconciliation, tax exempt income, amount changed year-over-year?
Western Alliance Bancorporation's effective income tax rate reconciliation, tax exempt income, amount increased by 1.0% year-over-year, from $7.83M to $7.9M.
What is the long-term trend for Western Alliance Bancorporation's effective income tax rate reconciliation, tax exempt income, amount?
Over 4 years (2021 to 2025), Western Alliance Bancorporation's effective income tax rate reconciliation, tax exempt income, amount has grown at a 5.4% compound annual growth rate (CAGR), from $25.6M to $31.6M.
What does effective income tax rate reconciliation, tax exempt income, amount mean?
The total dollar amount of income excluded from taxable income.
How do you interpret effective income tax rate reconciliation, tax exempt income, amount?
Higher tax-exempt income reduces the effective tax rate and improves net profitability.
How does effective income tax rate reconciliation, tax exempt income, amount compare across companies?
Commonly reported by financial institutions holding municipal bonds or other tax-exempt instruments.