Western Alliance Bancorp (MEX:WAL) Scaled Net Operating Assets: -0.04 (As of Mar. 2026)


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 Scaled Net Operating Assets?

Western Alliance Bancorp MEX:WAL 86 Scaled Net Operating Assets is -0.04 as of Mar. 2026. 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.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Western Alliance Bancorp's operating assets for the quarter that ended in Mar. 2026 was MXN1,449,054 Mil. Western Alliance Bancorp's operating liabilities for the quarter that ended in Mar. 2026 was MXN1,516,712 Mil. Western Alliance Bancorp's Total Assets for the quarter that ended in Dec. 2025 was MXN1,670,461 Mil. Therefore, Western Alliance Bancorp's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was -0.04.

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

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Western Alliance Bancorp's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(1605712.316-1410782.606)/1687935.223
=0.12

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1670460.813 - 64748.497
=1605712.316

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1527387.52 - 47318.98 - 69285.934
=1410782.606

Western Alliance Bancorp's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(1449053.675-1516712.366)/1670460.813
=-0.04

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=1782586.495 - 333532.82
=1449053.675

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=1639983.903 - 41691.602 - 81579.935
=1516712.366

* 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.

What does a Scaled Net Operating Assets of -0.04 mean?
Western Alliance Bancorp (MEX:WAL) has a Scaled Net Operating Assets of -0.04 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Western Alliance Bancorp and its competitors.
Is Western Alliance Bancorp's Scaled Net Operating Assets too high?
Western Alliance Bancorp's current Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets compare to COLB and BOKF?
Western Alliance Bancorp's Scaled Net Operating Assets of -0.04 can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Banks company?
A good Scaled Net Operating Assets depends on the Banks industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Western Alliance Bancorp and its competitors. Western Alliance Bancorp's current Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets of -0.04. 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 Scaled Net Operating Assets is -0.04. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Western Alliance Bancorp (MEX:WAL), the current Scaled Net Operating Assets is -0.04 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:

  • Scaled Net Operating Assets: -0.04
  • GF Value™: MXN876.73 vs. price of MXN780.30 (11% below fair value)
  • GF Score™: 86/100 with 2 warning signs

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

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

MXN780.30
Price
MXN876.73
GF Value