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Western Alliance Bancorporation WAL Consumer Related Segment — Interest Expense, Funds Transfer Pricing

Other segment segments

Corporate & Other
$732.9M+113%
Corporate And Other Segment
$235.7M+70.3%
Commercial Segment
$69.7M-47.1%

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TRMKFunds Transfer Pricing Net
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TRMKGeneral Banking — Funds Transfer Pricing Net
-$1.19M-572%
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$1.19M+572%

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:InterestExpenseFundsTransferPricing.

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)
Three Months Ended March 31, 2026:(in millions)
Interest income$1,188.2$598.5$329.9$259.8
Interest expense421.9158.3150.7112.9
Funds transfer pricing(69.7)305.4(235.7)
Net interest income (expense)766.3370.5484.6(88.8)
Provision for (recovery of) credit losses213.2206.36.40.5
Net interest income (expense) after provision for credit losses553.1164.2478.2(89.3)
Non-interest income252.647.8118.486.4

Item 1. Financial Statements (Unaudited)

FAQ

What is Western Alliance Bancorporation's consumer related segment — interest expense, funds transfer pricing?
Western Alliance Bancorporation (WAL) reported consumer related segment — interest expense, funds transfer pricing of -$305.4M in Q1 2026.
How has Western Alliance Bancorporation's consumer related segment — interest expense, funds transfer pricing changed year-over-year?
Western Alliance Bancorporation's consumer related segment — interest expense, funds transfer pricing decreased by 13.1% year-over-year, from -$270.1M to -$305.4M.
What is the long-term trend for Western Alliance Bancorporation's consumer related segment — interest expense, funds transfer pricing?
Over 3 years (2022 to 2025), Western Alliance Bancorporation's consumer related segment — interest expense, funds transfer pricing has grown at a 114.3% compound annual growth rate (CAGR), from $122.6M to -$1.21B.
What does consumer related segment — interest expense, funds transfer pricing mean?
This represents the internal interest expense charged to the consumer segment under the bank's Funds Transfer Pricing (FTP) framework. It accounts for the cost of liquidity and interest rate risk transferred from the segment to the corporate treasury. This metric is crucial for accurately measuring the segment's true economic contribution to the bank's net interest income.

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