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Western Alliance Bancorporation WAL Commercial Segment — Other assets

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Other financials

Income statement

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Revenue$995.7M+17.7%
Net income$261.7M+13.6%
EPS (diluted)$2.36+14.0%

Balance sheet

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Cash & equivalents$8.6B+161%
Total debt$148.0M-95.5%
Total equity$7.8B+10.2%
Total assets$98.7B+13.8%

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$9.05B+5.5%
P/E9.2×-0.9×
P/S2.3×-0.3×

Profitability

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Net margin25%-0.8pp
FCF margin-43.7%-17.4pp

Returns & leverage

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Return on equity13.1%+0.6pp
Debt / equity-0.4×

Where this comes from

Reported directly by Western Alliance Bancorporation in its filing.

Tagged under the XBRL concept wal:OtherAssetsSegment.

The source filing: Western Alliance Bancorporation’s 10-Q, filed May 11, 2026.

Filed
May 10, 2026, 8:00 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-033054
Balance Sheet: / At March 31, 2026:Consolidated Company / (in millions)Commercial / (in millions)Consumer Related / (in millions)Corporate & Other / (in millions)
Less: allowance for credit losses(461)(389)(72)
Net loans HFI58,68134,84523,836
Goodwill and other intangible assets, net646290356
Other assets6,6443682,4143,862
Total assets$98,853$35,581$30,477$32,795
Liabilities:
Deposits$82,723$31,096$45,923$5,704
Borrowings and qualifying debt6,682246,658

Item 1. Financial Statements (Unaudited)

FAQ

What is Western Alliance Bancorporation's commercial segment — other assets?
Western Alliance Bancorporation (WAL) reported commercial segment — other assets of $368M in Q1 2026.
How has Western Alliance Bancorporation's commercial segment — other assets changed year-over-year?
Western Alliance Bancorporation's commercial segment — other assets increased by 7.9% year-over-year, from $341M to $368M.
What is the long-term trend for Western Alliance Bancorporation's commercial segment — other assets?
Over 4 years (2021 to 2025), Western Alliance Bancorporation's commercial segment — other assets has grown at a 7.3% compound annual growth rate (CAGR), from $1.01B to $1.34B.
What does commercial segment — other assets mean?
This category includes all assets within the commercial segment that do not fall into primary categories like loans or cash, such as premises, equipment, and deferred tax assets. It captures the operational infrastructure and miscellaneous financial items required to support the segment's business activities. Tracking this helps in understanding the segment's non-lending asset base.

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