# Western Alliance Bancorporation (WAL) — Earnings

WAL · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/wal/earnings

## Most recent quarter

| Metric | Value |
| --- | --- |
| Fiscal period | Q2 2026 |
| Period end | Jun 30, 2026 |
| EPS actual | $2.36 |
| EPS estimate | $2.36 |
| EPS surprise | +0.07% |
| Revenue surprise | +1.55% |
| Revenue | $995.7M |
| Revenue estimate | $980.5M |
| Reported | Jul 21, 2026 |
| SEC filing | [View filing](https://www.sec.gov:443/Archives/edgar/data/1212545/000162828026051418/wal-20260630.htm) |
| Earnings call | [Transcript](http://o.thsi.cn/dc-d-stock-america.teleconference/d7a2d67a-130d-cae2-0942-62109c3dd094.html) |

Western Alliance reported Q2 2026 results on July 21, 2026. EPS was $2.36, in line with the $2.36 estimate, a 0.07% beat. Revenue was $995.7 million, 1.55% above the $980.5 million consensus. Compared with Q2 2025, EPS rose 14.0% from $2.07 and revenue rose 17.7% from $845.9 million.

Revenue grew every year in the table, from $2.58 billion in 2022 to $3.54 billion in 2025, and Q2 2026 was the highest quarter shown. Earnings have been less steady. Annual EPS fell from $9.70 in 2022 to $6.54 in 2023, the year with the two weakest quarters here, $1.28 in Q1 and $1.33 in Q4. It then recovered to $7.10 in 2024 and $8.73 in 2025. The quarterly high in the table is $2.67, set in Q4 2022. The first half of 2026 totals $4.01 per share, up 3.9% from $3.86 a year earlier. Western Alliance beat EPS estimates in 14 of the last 20 quarters.

Q3 results came out between October 17 and October 21 in each of the past five years, which points to mid-to-late October 2026 for the next report. It will show whether revenue stays near the $1 billion quarterly level reached in Q2.

## Earnings history

| Fiscal period | Report date | EPS estimate | EPS actual | Surprise | Revenue estimate | Revenue actual |
| --- | --- | --- | --- | --- | --- | --- |
| Q2 2026 | Jul 21, 2026 | $2.36 | $2.36 | 0.07% | $980.5M | $995.7M |
| Q1 2026 | Apr 21, 2026 | $1.62 | $1.65 | 1.96% | $958.1M | $978.5M |
| Q4 2025 | Jan 27, 2026 | $2.39 | $2.59 | 8.37% | $913.4M | $980.9M |
| Q3 2025 | Oct 21, 2025 | $2.08 | $2.28 | 9.49% | $888.2M | $934.5M |
| Q2 2025 | Jul 17, 2025 | $2.02 | $2.07 | 2.35% | $838.0M | $845.9M |
| Q1 2025 | Apr 21, 2025 | $1.78 | $1.79 | 0.38% | $792.4M | $781.5M |
| Q4 2024 | Jan 27, 2025 | $1.90 | $1.95 | 2.48% | $805.6M | $838.6M |
| Q3 2024 | Oct 17, 2024 | $1.89 | $1.80 | -4.72% | $808.6M | $823.1M |
| Q2 2024 | Jul 18, 2024 | $1.71 | $1.75 | 2.63% | $738.0M | $775.4M |
| Q1 2024 | Apr 18, 2024 | $1.64 | $1.60 | -2.58% | $705.9M | $738.4M |
| Q4 2023 | Jan 25, 2024 | $1.68 | $1.33 | -20.89% | $710.3M | $727.1M |
| Q3 2023 | Oct 19, 2023 | $1.91 | $1.97 | 3.24% | $686.6M | $716.2M |
| Q2 2023 | Jul 18, 2023 | $1.97 | $1.96 | -0.52% | $657.1M | $670.2M |
| Q1 2023 | Apr 18, 2023 | $1.95 | $1.28 | -34.31% | $670.3M | $712.2M |
| Q4 2022 | Jan 24, 2023 | $2.65 | $2.67 | 0.61% | $735.8M | $717.8M |
| Q3 2022 | Oct 20, 2022 | $2.58 | $2.42 | -6.32% | $688.1M | $674.9M |
| Q2 2022 | Jul 21, 2022 | $2.30 | $2.39 | 4.04% | $590.5M | $628.2M |
| Q1 2022 | Apr 21, 2022 | $2.06 | $2.22 | 7.68% | $542.6M | $561.2M |
| Q4 2021 | Jan 27, 2022 | $2.30 | $2.32 | 0.71% | $561.1M | $561.5M |
| Q3 2021 | Oct 21, 2021 | $2.24 | $2.28 | 1.77% | $535.1M | $558.1M |

## Frequently Asked Questions

### When did Western Alliance Bancorporation (WAL) last report earnings?

Western Alliance Bancorporation last reported on Jul 21, 2026, covering fiscal Q2 2026.

### Did WAL beat earnings estimates?

Yes. Western Alliance Bancorporation reported EPS of $2.36 for Q2 2026 against a $2.36 estimate — a 0.07% beat.

### How much revenue did WAL report last quarter?

Western Alliance Bancorporation reported $995.7M in revenue for Q2 2026, against a consensus estimate of $980.5M.

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Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

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