Western Alliance Bancorporation

WALNYSEFinancial Services● Active

$79.91

$-0.24(-0.30%)

Market Cap$8.7B

P/E Ratio—

52W High$97.23

52W Low$65.82

Avg Volume1.3M

Open$80.28

Beta1.34

Cash on Hand Financials Revenue

Western Alliance Bancorporation (WAL) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

WAL · cash on hand · updated Dec 31, 2025

Core cash position

as of Dec 31, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$13.96B▲ +63.6% vs prior year

FY · as of Dec 31, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$3.60B

cashAndCashEquivalents

Short-Term Investments

$10.36B

shortTermInvestments

YoY Change vs Prior Year

+63.6%

vs prior fiscal year

Latest Quarter

$18.50B

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: December 31, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$13.96BCash on Hand

Total Debt$6.48BTotal Debt

Net Cash / Net Debt+$7.48BNet Cash Position

Cash vs Debt Ratio

Cash 68%Western Alliance Bancorporation cash as % of market cap: 159.97%% · MCap $9BDebt 32%

Western Alliance Bancorporation has a net cash position of $7.48B, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$13.96B − $6.48B = +$7.48B

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

WAL annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

WAL cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Dec 31, 2025LatestFY$13.96B+63.6%

Dec 31, 2024FY$8.53B-33.0%

Dec 31, 2023FY$12.74B+56.6%

Dec 31, 2022FY$8.13B+21.3%

Dec 31, 2021FY$6.71B-9.1%

WAL cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Financial Services Sector Cash Reserves Comparison

WAL vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Berkshire Hathaway Inc.

Western Alliance BancorporationYOU

WAL

$13.96B$9B159.6%

Mastercard Incorporated

$10.90B$428B2.5%

Financial Services sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Western Alliance Bancorporation (WAL) cash on hand as of December 31, 2025 is $13.96B, comprising $3.60B in cash and cash equivalents (CCE) plus $10.36B in short-term investments — reported as Western Alliance Bancorporation cash and short-term investments on the balance sheet (10-K filing). Also referred to as Western Alliance Bancorporation cash reserves or cash position.

Western Alliance Bancorporation annual cash on hand history shows increased +63.6% in 2025: increased +63.6% in 2025. Western Alliance Bancorporation cash reserves in 2025 reflect the company's capital allocation strategy.

Western Alliance Bancorporation carries total debt of $6.48B against cash of $13.96B, resulting in a net cash position of +$7.48B. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

WAL cash on hand · 5 questions

As of December 31, 2025, Western Alliance Bancorporation (WAL) has $13.96B in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $3.60B in cash and cash equivalents (CCE) plus $10.36B in short-term investments. Latest quarter (March 31, 2026): $18.50B. Data sourced from the annual 10-K filing via FMP.

WAL cash on handWAL cash reservesWAL cash 2025how much cash does WAL have

▸ Source: FMP /balance-sheet-statement · US GAAP · Western Alliance Bancorporation · Western Alliance Bancorporation SEC 10-K & 10-Q filings · US GAAP · Last updated: December 31, 2025