• Western Alliance Bancorporation average return on tangible equity for 2023 was 17.86, a 23.74% decline from 2022.
• Western Alliance Bancorporation average return on tangible equity for 2022 was 23.42, a 2.32% decline from 2021.
• Western Alliance Bancorporation average return on tangible equity for 2021 was 22.89, a 37.15% increase from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.