Western Alliance Bancorporation
WALFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
5,084
Cost of Revenue
2,068
Gross Profit
3,016
Gross Margin
59.3%
Operating Income
991
Operating Margin
19.5%
Net Income
788
Net Margin
15.5%
EPS (Basic)
$7.14
EPS (Diluted)
$7.09
EBITDA
1,110
EBITDA Margin
21.8%
2023
12/31/2023
Revenue
4,316
Cost of Revenue
1,759
Gross Profit
2,557
Gross Margin
59.2%
Operating Income
934
Operating Margin
21.6%
Net Income
722
Net Margin
16.7%
EPS (Basic)
$6.55
EPS (Diluted)
$6.54
EBITDA
1,020
EBITDA Margin
23.6%
2022
12/31/2022
Revenue
3,016
Cost of Revenue
544
Gross Profit
2,473
Gross Margin
82.0%
Operating Income
1,316
Operating Margin
43.6%
Net Income
1,057
Net Margin
35.1%
EPS (Basic)
$9.74
EPS (Diluted)
$9.70
EBITDA
1,391
EBITDA Margin
46.1%
2021
12/31/2021
Revenue
2,056
Cost of Revenue
81
Gross Profit
1,974
Gross Margin
96.0%
Operating Income
1,123
Operating Margin
54.6%
Net Income
899
Net Margin
43.7%
EPS (Basic)
$8.72
EPS (Diluted)
$8.67
EBITDA
1,173
EBITDA Margin
57.1%
2020
12/31/2020
Revenue
1,334
Cost of Revenue
219
Gross Profit
1,116
Gross Margin
83.6%
Operating Income
623
Operating Margin
46.7%
Net Income
507
Net Margin
38.0%
EPS (Basic)
$5.06
EPS (Diluted)
$5.04
EBITDA
657
EBITDA Margin
49.3%