Western Alliance Bancorp (MEX:WAL) Net Margin %: 18.17% (As of Mar. 2026) — 55% Below Median


MEX:WAL Western Alliance Bancorp MEX:WAL
86 GF Score
Price MXN780.30
GF Value MXN876.73
! 2 Warning Signs
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What is Western Alliance Bancorp Net Margin %?

Western Alliance Bancorp MEX:WAL 86 Net Margin % is 18.17% as of Mar. 2026, which is 55% below its 10-year median of 40.24. GuruFocus rates MEX:WAL with a GF Score™ of 86/100 and a GF Value™ of MXN876.73. The stock has 2 warning signs investors should review. Among 1,530 Banks companies, Western Alliance Bancorp ranks worse than 53.46% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Western Alliance Bancorp's Net Income for the three months ended in Mar. 2026 was MXN3,284 Mil. Western Alliance Bancorp's Revenue for the three months ended in Mar. 2026 was MXN18,072 Mil. Therefore, Western Alliance Bancorp's net margin for the quarter that ended in Mar. 2026 was 18.17%.

The historical rank and industry rank for Western Alliance Bancorp's Net Margin % or its related term are showing as below:

MEX:WAL' s Net Margin % Range Over the Past 10 Years
Min: 25.46   Med: 40.24   Max: 47.52
Current: 25.63


MEX:WAL's Net Margin % is ranked worse than
53.46% of 1530 companies
in the Banks industry
Industry Median: 26.845 vs MEX:WAL: 25.63

Western Alliance Bancorp  (MEX:WAL) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Western Alliance Bancorp Net Margin % Related Terms


Western Alliance Bancorp Net Margin % Historical Data

* Premium members only.

The historical data trend for Western Alliance Bancorp's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Western Alliance Bancorp Net Margin % Chart

Western Alliance Bancorp Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.52 42.54 28.21 25.46 27.89

Western Alliance Bancorp Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.14 27.90 27.45 29.70 18.17

MEX:WAL vs COLB, BOKF, CBSH: Net Margin % Comparison

For the Banks - Regional subindustry, Western Alliance Bancorp's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Western Alliance Bancorp Net Margin % vs Banks Industry

For the Banks industry and Financial Services sector, Western Alliance Bancorp's Net Margin % distribution charts can be found below:

* The bar in red indicates where Western Alliance Bancorp's Net Margin % falls into.


MEX:WAL
86GF Score
Western Alliance Bancorp MEX:WAL
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Western Alliance Bancorp Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Western Alliance Bancorp's Net Margin for the fiscal year that ended in Dec. 2025 is calculated as

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=17447.523/62548.201
=27.89 %

Western Alliance Bancorp's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3283.755/18072.372
=18.17 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 18.17% mean?
Western Alliance Bancorp (MEX:WAL) has a Net Margin % of 18.17% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Western Alliance Bancorp and its competitors. This is 55% below median its historical median of 40.24. Over the past decade, Western Alliance Bancorp's Net Margin % has ranged from 25.46 to 47.52. According to the industry distribution chart, Western Alliance Bancorp ranks #818 out of 1530 companies in the Banks industry, placing it in the top 53.5%.
Is Western Alliance Bancorp's Net Margin % too high?
Western Alliance Bancorp's current Net Margin % of 18.17% is 55% below median its 10-year median of 40.24. Over the past 10 years, this metric has ranged from a low of 25.46 to a high of 47.52. The Banks industry median Net Margin % is 26.85. Western Alliance Bancorp's value of 18.17% is 32.3% below this industry median. Based on the distribution chart, Western Alliance Bancorp ranks #818 out of 1530 companies in the Banks industry, which is below the industry midpoint. Overall, Western Alliance Bancorp has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Western Alliance Bancorp's Net Margin % compare to COLB and BOKF?
According to the Banks industry distribution chart, Western Alliance Bancorp ranks #818 out of 1530 companies for Net Margin %. This places Western Alliance Bancorp in the lower half of its industry. The industry median Net Margin % is 26.85. Western Alliance Bancorp's value of 18.17% is 32.3% below this benchmark. Historically, Western Alliance Bancorp's own Net Margin % has ranged from 25.46 to 47.52 over the past decade. While the company's 10-year median is 40.24 vs. the industry median of 26.85, Western Alliance Bancorp has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Banks company?
The median Net Margin % among Banks companies is 26.85, based on 1,530 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Alliance Bancorp's current Net Margin % of 18.17% is 32.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Western Alliance Bancorp and its competitors. For the Banks industry, the median Net Margin % is 26.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Alliance Bancorp's current Net Margin % is 18.17%, which is 55% below median its own 10-year median of 40.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Alliance Bancorp stock overvalued right now?
Western Alliance Bancorp (MEX:WAL) has a current Net Margin % of 18.17%. The stock's GF Value™ is MXN876.73, compared to a current price of MXN780.30 — trading 11% below its estimated fair value. The current Net Margin % is 18.17%, which is 55% below median its 10-year median of 40.24 and 32.3% below the Banks industry median of 26.85. Western Alliance Bancorp's overall GF Score™ is 86/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Western Alliance Bancorp (MEX:WAL), the current Net Margin % is 18.17% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Western Alliance Bancorp (MEX:WAL) Overvalued in 2026?

Based on GuruFocus' analysis, Western Alliance Bancorp stock appears to be undervalued. The current stock price of MXN780.30 is trading 11% below its estimated GF Value™ of MXN876.73.

Key valuation signals for MEX:WAL:

  • Net Margin %: 18.17% (55% below median its 10-year median of 40.24)
  • GF Value™: MXN876.73 vs. price of MXN780.30 (11% below fair value)
  • GF Score™: 86/100 with 2 warning signs
  • Industry Position: 32.3% below the Banks median (#818 of 1530)

No single metric tells the full story. See the MEX:WAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Western Alliance Bancorp Business Description

Address One East Washington Street, Suite 1400, Phoenix, AZ, USA, 85004
Western Alliance Bancorp provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings. The company's reportable segments are Commercial segment includes provides commercial banking and treasury management products and services to small and middle-market businesses, specialized banking services to sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry. Consumer Related segment offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking and Corporate & Other.
86GF Score

Get the complete analysis for MEX:WAL

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN780.30
Price
MXN876.73
GF Value