Western Alliance Bancorporation (WAL) — Tangible Net Worth Ratio
Western Alliance Bancorporation (WAL) has a Tangible Net Worth Ratio of 81.6% as of June 2026. This metric is calculated by deducting intangible assets ($1.50 Billion) from net assets ($8.13 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset growth rate of Western Alliance Bancorporation to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Western Alliance Bancorporation Tangible Net Worth Ratio (2002–2025)
This chart shows how Western Alliance Bancorporation's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 81.6%, reflecting net assets of $8.13 Billion with intangible assets of $1.50 Billion USD. For live market cap and overall valuation, see Western Alliance Bancorporation stock valuation.
Annual Tangible Net Worth Ratio for Western Alliance Bancorporation (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Western Alliance Bancorporation from 2002 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore capital reinvestment ratio of Western Alliance Bancorporation to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 79.7% | $7.95 Billion | $1.62 Billion | $92.77 Billion | ▼ -1.6 pp |
| 2024 | 81.2% | $6.71 Billion | $1.26 Billion | $80.93 Billion | ▲ +2.1 pp |
| 2023 | 79.2% | $6.08 Billion | $1.27 Billion | $70.86 Billion | ▲ +3.5 pp |
| 2022 | 75.7% | $5.36 Billion | $1.30 Billion | $67.73 Billion | ▼ -7.3 pp |
| 2021 | 83.1% | $4.96 Billion | $841.00 Million | $55.98 Billion | ▼ -16.7 pp |
| 2020 | 99.7% | $3.41 Billion | $8.60 Million | $36.46 Billion | ▲ +0.0 pp |
| 2019 | 99.7% | $3.02 Billion | $7.70 Million | $26.82 Billion | ▲ +0.1 pp |
| 2018 | 99.6% | $2.61 Billion | $9.26 Million | $23.11 Billion | ▲ +0.1 pp |
| 2017 | 99.5% | $2.23 Billion | $10.85 Million | $20.33 Billion | ▲ +0.2 pp |
| 2016 | 99.3% | $1.89 Billion | $12.93 Million | $17.20 Billion | ▲ +0.3 pp |
| 2015 | 99.0% | $1.59 Billion | $15.72 Million | $14.28 Billion | ▼ -0.7 pp |
| 2014 | 99.7% | $1.00 Billion | $2.69 Million | $10.60 Billion | ▲ +0.2 pp |
| 2013 | 99.5% | $855.30 Million | $4.15 Million | $9.31 Billion | ▲ +0.4 pp |
| 2012 | 99.1% | $759.60 Million | $6.54 Million | $7.62 Billion | ▲ +0.7 pp |
| 2011 | 98.5% | $636.68 Million | $9.81 Million | $6.84 Billion | ▲ +0.7 pp |
| 2010 | 97.8% | $602.17 Million | $13.37 Million | $6.19 Billion | ▼ -2.1 pp |
| 2009 | 99.9% | $575.73 Million | $509.00K | $5.75 Billion | ▲ +9.7 pp |
| 2008 | 90.2% | $495.50 Million | $48.37 Million | $5.24 Billion | ▼ -5.3 pp |
| 2007 | 95.5% | $501.63 Million | $22.34 Million | $5.02 Billion | ▼ -0.5 pp |
| 2006 | 96.1% | $408.58 Million | $16.04 Million | $4.17 Billion | ▲ +0.4 pp |
| 2005 | 95.7% | $244.22 Million | $10.54 Million | $2.86 Billion | ▲ +1.9 pp |
| 2004 | 93.7% | $133.57 Million | $8.36 Million | $2.18 Billion | ▲ +0.3 pp |
| 2003 | 93.4% | $97.45 Million | $6.39 Million | $1.58 Billion | ▼ -6.6 pp |
| 2002 | 100.0% | $67.44 Million | $0.00 | $872.07 Million | — |