Western Alliance Bancorporation (WAL) — Cash Flow Quality Index
Western Alliance Bancorporation (WAL) has a Cash Flow Quality Index of -0.24x as of December 2025. Operating cash flow of $-69.80 Million is below net income of $286.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore WAL strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Western Alliance Bancorporation Cash Flow Quality Index (2003–2025)
Historical Cash Flow Quality Index for Western Alliance Bancorporation across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check WAL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Western Alliance Bancorporation (2003–2025)
Year-by-year earnings quality comparison for Western Alliance Bancorporation. For live market cap and the full company financial profile, see market value of Western Alliance Bancorporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | -2.74x | $-2.68 Billion | $976.40 Million | ▲ +21.2% |
| 2024 | -3.48x | $-2.74 Billion | $787.70 Million | ▼ -665.3% |
| 2023 | -0.45x | $-328.60 Million | $722.40 Million | ▼ -121.4% |
| 2022 | 2.12x | $2.25 Billion | $1.06 Billion | ▲ +172.0% |
| 2021 | -2.95x | $-2.65 Billion | $899.20 Million | ▼ -323.1% |
| 2020 | 1.32x | $670.20 Million | $506.60 Million | ▼ -8.0% |
| 2019 | 1.44x | $717.77 Million | $499.17 Million | ▲ +15.8% |
| 2018 | 1.24x | $540.97 Million | $435.79 Million | ▲ +5.3% |
| 2017 | 1.18x | $383.81 Million | $325.49 Million | ▲ +9.2% |
| 2016 | 1.08x | $280.64 Million | $259.80 Million | ▼ -4.8% |
| 2015 | 1.13x | $220.41 Million | $194.24 Million | ▲ +337.7% |
| 2014 | 0.26x | $38.35 Million | $147.95 Million | ▼ -49.2% |
| 2013 | 0.51x | $58.43 Million | $114.52 Million | ▲ +95.5% |
| 2012 | 0.26x | $19.00 Million | $72.83 Million | ▼ -94.2% |
| 2011 | 4.52x | $142.28 Million | $31.49 Million | ▲ +171.3% |
| 2007 | 1.67x | $54.76 Million | $32.88 Million | ▲ +51.8% |
| 2006 | 1.10x | $43.76 Million | $39.89 Million | ▼ -10.4% |
| 2005 | 1.22x | $34.36 Million | $28.07 Million | ▼ -10.0% |
| 2004 | 1.36x | $27.27 Million | $20.06 Million | ▼ -6.9% |
| 2003 | 1.46x | $12.70 Million | $8.69 Million | — |