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Western Alliance Bancorporation WAL Commercial Segment — Income Tax

Other segment segments

Consumer Related Segment
$39.5M+56.7%
Corporate & Other
-$31.6M-1,029%
Corporate And Other Segment
-$2.4M-700%

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UMBFCommercial Banking — Income Tax Expense Benefit
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STWDCommercial and Residential Lending Segment — Income Tax Expense (Benefit)
-$11.73M-4,089%
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WFCCommercial Banking — Income tax expense (benefit)
$343M+26.1%

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:IncomeTaxExpenseBenefit.

The official record: Western Alliance Bancorporation’s 10-Q, filed May 11, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Alliance Bancorporation's commercial segment — income tax?
Western Alliance Bancorporation (WAL) reported commercial segment — income tax of $5M in Q1 2026.
How has Western Alliance Bancorporation's commercial segment — income tax changed year-over-year?
Western Alliance Bancorporation's commercial segment — income tax decreased by 77.7% year-over-year, from $22.4M to $5M.
What is the long-term trend for Western Alliance Bancorporation's commercial segment — income tax?
Over 4 years (2021 to 2025), Western Alliance Bancorporation's commercial segment — income tax has grown at a -15.3% compound annual growth rate (CAGR), from $206.4M to $106.1M.
What does commercial segment — income tax mean?
This represents the portion of the commercial segment's pre-tax income allocated to income tax obligations. It reflects the tax burden associated with the segment's earnings based on the applicable tax jurisdiction. This is essential for calculating the segment's net contribution to the company's bottom line.