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Western Alliance Bancorporation WAL Corporate & Other — Interest Expense

Other segment segments

Commercial Segment
$158.3M+5.6%
Consumer Related Segment
$150.7M-3.4%
Corporate And Other Segment
$112.9M-18.8%

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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 us-gaap:InterestExpenseOperating.

The source filing: Western Alliance Bancorporation’s 10-K, filed February 23, 2026.

Filed
Feb 22, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0001628280-26-010336
Year Ended December 31, 2025:Consolidated Company / (in millions)Commercial / (in millions)Consumer Related / (in millions)Corporate & Other / (in millions)
Interest income$4,692.9$2,462.1$1,228.3$1,002.5
Interest expense1,828.1637.1636.6554.4
Funds transfer pricing(473.4)1,206.3(732.9)
Net interest income (expense)2,864.81,351.61,798.0(284.8)
Provision for (recovery of) credit losses224.1207.920.2(4.0)
Net interest income (expense) after provision for credit losses2,640.71,143.71,777.8(280.8)
Non-interest income678.2177.3393.9107.0
Salaries and employee benefits757.5143.4164.5449.6

Item 8.Financial Statements and Supplementary Data.

FAQ

What is Western Alliance Bancorporation's corporate & other — interest expense?
Western Alliance Bancorporation (WAL) reported corporate & other — interest expense of $138.6M in Q4 2025.
How has Western Alliance Bancorporation's corporate & other — interest expense changed year-over-year?
Western Alliance Bancorporation's corporate & other — interest expense decreased by 11.9% year-over-year, from $157.33M to $138.6M.
What is the long-term trend for Western Alliance Bancorporation's corporate & other — interest expense?
Over 3 years (2022 to 2025), Western Alliance Bancorporation's corporate & other — interest expense has grown at a 27.1% compound annual growth rate (CAGR), from $270M to $554.4M.
What does corporate & other — interest expense mean?
The cost of interest-bearing liabilities held by the corporate and other segment, including corporate debt and other funding sources. This represents the interest burden associated with the bank's holding company-level financing.

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