• Western Alliance Bancorporation average debt/equity ratio for 2023 was 1.97, a 80.73% decline from 2022.
• Western Alliance Bancorporation average debt/equity ratio for 2022 was 1.09, a 186.84% increase from 2021.
• Western Alliance Bancorporation average debt/equity ratio for 2021 was 0.38, a 90% increase from 2020.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.