Western Alliance Bancorporation annual debt-to-equity ratio
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2025
Western Alliance Bancorporation Debt-to-Equity Ratio Growth & History (WAL)
Western Alliance Bancorporation's debt-to-equity ratio was 0.71 for fiscal 2025.
View full Western Alliance Bancorporation company overviewWestern Alliance Bancorporation annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.71 | −0.15 | −17.44% |
| 2024 | 2024-12-31 | 0.85 | −0.36 | −29.89% |
| 2023 | 2023-12-31 | 1.22 | 0.01 | +0.69% |
| 2022 | 2022-12-31 | 1.21 | 0.88 | +265.21% |
| 2021 | 2021-12-31 | 0.33 | 0.30 | +1021.41% |
| 2020 | 2020-12-31 | 0.03 | 0.00 | +14.18% |
| 2019 | 2019-12-31 | 0.03 | −0.16 | −86.22% |
| 2018 | 2018-12-31 | 0.19 | 0.01 | +7.40% |
| 2017 | 2017-12-31 | 0.17 | 0.13 | +313.56% |
| 2016 | 2016-12-31 | 0.04 | −0.05 | −55.13% |
| 2015 | 2015-12-31 | 0.09 | −0.30 | −75.83% |
| 2014 | 2014-12-31 | 0.39 | −0.01 | −2.21% |
| 2013 | 2013-12-31 | 0.40 | 0.14 | +56.30% |
| 2012 | 2012-12-31 | 0.26 | — | — |
Western Alliance Bancorporation quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.81 | −0.06 | −6.77% |
| Q1 2026 | 2026-03-31 | 0.76 | 0.13 | +21.71% |
| Q4 2025 | 2025-12-31 | 0.71 | −0.15 | −17.44% |
| Q3 2025 | 2025-09-30 | 0.54 | 0.07 | +15.22% |
| Q2 2025 | 2025-06-30 | 0.87 | −0.03 | −3.84% |
| Q1 2025 | 2025-03-31 | 0.62 | −0.41 | −39.95% |
| Q4 2024 | 2024-12-31 | 0.85 | −0.36 | −29.89% |
| Q3 2024 | 2024-09-30 | 0.47 | −1.08 | −69.59% |
| Q2 2024 | 2024-06-30 | 0.91 | −0.81 | −47.03% |
| Q1 2024 | 2024-03-31 | 1.04 | −1.87 | −64.35% |
| Q4 2023 | 2023-12-31 | 1.22 | 0.01 | +0.69% |
| Q3 2023 | 2023-09-30 | 1.55 | 0.27 | +20.57% |
| Q2 2023 | 2023-06-30 | 1.71 | 0.63 | +58.57% |
| Q1 2023 | 2023-03-31 | 2.90 | 2.71 | +1373.25% |
| Q4 2022 | 2022-12-31 | 1.21 | 0.88 | +265.21% |
| Q3 2022 | 2022-09-30 | 1.29 | 1.04 | +419.90% |
| Q2 2022 | 2022-06-30 | 1.08 | 0.90 | +507.65% |
| Q1 2022 | 2022-03-31 | 0.20 | 0.17 | +717.05% |
| Q4 2021 | 2021-12-31 | 0.33 | 0.30 | +1021.41% |
| Q3 2021 | 2021-09-30 | 0.25 | 0.22 | +801.51% |
| Q2 2021 | 2021-06-30 | 0.18 | 0.15 | +535.14% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.10 | −81.28% |
| Q4 2020 | 2020-12-31 | 0.03 | 0.00 | +14.18% |
| Q3 2020 | 2020-09-30 | 0.03 | 0.00 | +0.67% |
| Q2 2020 | 2020-06-30 | 0.03 | 0.00 | +4.83% |
| Q1 2020 | 2020-03-31 | 0.13 | 0.10 | +351.14% |
| Q4 2019 | 2019-12-31 | 0.03 | −0.16 | −86.22% |
| Q3 2019 | 2019-09-30 | 0.03 | 0.03 | — |
| Q2 2019 | 2019-06-30 | 0.03 | −0.00 | −14.79% |
| Q1 2019 | 2019-03-31 | 0.03 | −0.10 | −78.15% |
| Q4 2018 | 2018-12-31 | 0.19 | 0.01 | +7.40% |
| Q3 2018 | 2018-09-30 | 0.00 | 0.00 | — |
| Q2 2018 | 2018-06-30 | 0.03 | 0.03 | — |
| Q1 2018 | 2018-03-31 | 0.13 | 0.13 | — |
| Q4 2017 | 2017-12-31 | 0.17 | 0.13 | +313.56% |
| Q3 2017 | 2017-09-30 | 0.00 | 0.00 | — |
| Q2 2017 | 2017-06-30 | 0.00 | 0.00 | — |
| Q1 2017 | 2017-03-31 | 0.00 | −0.00 | — |
| Q4 2016 | 2016-12-31 | 0.04 | −0.05 | −55.13% |
| Q3 2016 | 2016-09-30 | 0.00 | −0.19 | — |
| Q2 2016 | 2016-06-30 | 0.00 | −0.05 | — |
| Q1 2016 | 2016-03-31 | 0.00 | −0.26 | −99.95% |
| Q4 2015 | 2015-12-31 | 0.09 | −0.30 | −75.83% |
| Q3 2015 | 2015-09-30 | 0.19 | −0.14 | −42.55% |
| Q2 2015 | 2015-06-30 | 0.05 | −0.31 | −87.00% |
| Q1 2015 | 2015-03-31 | 0.26 | −0.12 | −31.67% |
| Q4 2014 | 2014-12-31 | 0.39 | −0.01 | −2.21% |
| Q3 2014 | 2014-09-30 | 0.33 | −0.15 | −30.85% |
| Q2 2014 | 2014-06-30 | 0.35 | −0.17 | −32.87% |
| Q1 2014 | 2014-03-31 | 0.38 | 0.01 | +1.43% |
| Q4 2013 | 2013-12-31 | 0.40 | 0.14 | +56.30% |
| Q3 2013 | 2013-09-30 | 0.48 | — | — |
| Q2 2013 | 2013-06-30 | 0.53 | — | — |
| Q1 2013 | 2013-03-31 | 0.38 | — | — |
| Q4 2012 | 2012-12-31 | 0.26 | — | — |
Western Alliance Bancorporation debt-to-equity ratio trends
Over the last five fiscal years, Western Alliance Bancorporation's debt-to-equity ratio increased from 0.03 to 0.71, a change of 0.68. The latest reported quarter, Q2 2026, shows 0.81.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Western Alliance Bancorporation source filings ↗