Earnings summaries and quarterly performance for WESTERN ALLIANCE BANCORPORATION.
Executive leadership at WESTERN ALLIANCE BANCORPORATION.
Kenneth Vecchione
Detailed
President and Chief Executive Officer
CEO
BK
Barbara Kennedy
Chief Human Resources Officer
DG
Dale Gibbons
Vice Chair and Chief Financial Officer
EN
Emily Nachlas
Chief Risk Officer
JJ
Jessica Jarvi
Chief Legal Officer
LH
Lynne Herndon
Chief Credit Officer
SC
Stephen Curley
Chief Banking Officer for National Business Lines
TB
Tim Bruckner
Chief Banking Officer for Regional Banking
TB
Timothy Boothe
Chief Administration Officer
VI
Vishal Idnani
Transitioning Chief Financial Officer
Board of directors at WESTERN ALLIANCE BANCORPORATION.
AM
Anthony Meola
Detailed
Director
BB
Bruce Beach
Detailed
Chair of the Board
BS
Bryan Segedi
Detailed
Director
CH
Christopher Halmy
Detailed
Director
DS
Donald Snyder
Detailed
Director
GG
Greta Guggenheim
Detailed
Director
HG
Howard Gould
Detailed
Director
JF
Juan Figuereo
Detailed
Director
MB
Marianne Boyd Johnson
Detailed
Director
MC
Mary Chris Jammet
Detailed
Director
MT
Mary Tuuk Kuras
Detailed
Director
RL
Robert Latta
Detailed
Director
Research analysts who have asked questions during WESTERN ALLIANCE BANCORPORATION earnings calls.
Anthony Elian
JPMorgan
6 questions for WAL
Also covers: BANC, CMA, COLB +11 more
Bernard Von Gizycki
Deutsche Bank
6 questions for WAL
Also covers: CMA, EWBC, FCNCA +8 more
Ebrahim Poonawala
Bank of America Securities
6 questions for WAL
Also covers: , BK, BMO +31 more
MC
Matthew Clark
Piper Sandler
6 questions for WAL
Also covers: AVBH, BANC, BANR +24 more
Andrew Terrell
Stephens Inc.
5 questions for WAL
Also covers: AVBH, BANC, BANR +18 more
Jon Arfstrom
RBC Capital Markets
5 questions for WAL
Also covers: ALLY, ASB, BFH +24 more
Timur Braziler
Wells Fargo
5 questions for WAL
Also covers: ASB, BANC, BKU +16 more
CH
Casey Haire
Jefferies
4 questions for WAL
Also covers: ASB, CADE, CFR +12 more
Christopher McGratty
Keefe, Bruyette & Woods
4 questions for WAL
Also covers: ASB, BAC, BANC +34 more
Jared Shaw
Barclays
4 questions for WAL
Also covers: ASB, BANC, BKU +21 more
David Smith
Truist Securities
3 questions for WAL
Also covers: AESI, BK, CLB +20 more
GT
Gary Tenner
D.A. Davidson & Co.
3 questions for WAL
Also covers: AVBH, AX, BANC +19 more
Ben Gerlinger
Citigroup
2 questions for WAL
Also covers: BKU, BPOP, CADE +10 more
Benjamin Gerlinger
Citigroup Inc.
2 questions for WAL
Also covers: BANC, BKU, BOKF +18 more
CM
Chris McGratty
KBW
2 questions for WAL
Also covers: BAC, C, CFG +17 more
JL
Janet Lee
TD Cowen
2 questions for WAL
Also covers: AUB, COLB, EBC +14 more
TC
Timothy Coffey
Janney Montgomery Scott LLC
2 questions for WAL
Also covers: AVBH, BANC, BANR +11 more
BK
Brandon King
Truist Securities
1 question for WAL
Also covers: ABCB, BANC, COLB +2 more
Jared David Shaw
Barclays Capital
1 question for WAL
Also covers: BANC, BKU, BOH +13 more
JR
John Rob
Barclays PLC
1 question for WAL
Also covers: ONB
NH
Nicholas Holowko
UBS Group AG
1 question for WAL
Also covers: CMA, FCNCA, FHN +5 more
Samuel Varga
UBS
1 question for WAL
Also covers: BPOP, COLB, EWBC +9 more
Recent press releases and 8-K filings for WAL.
Western Alliance Bancorporation Reports Strong Q4 and Full Year 2025 Financial Results
WAL
Earnings
Share Buyback
Revenue Acceleration/Inflection
- Western Alliance Bancorporation reported record net interest income, revenues, and pre-provision net revenue (PPNR) for the full year 2025, with net income of $990.6 million and earnings per share of $8.73, marking increases of 25.8% and 23.1% respectively over the prior year.
- For the fourth quarter of 2025, net income was $293.2 million and diluted earnings per common share reached $2.59, an increase of 32.8% compared to Q4 2024.
- The company's balance sheet showed significant growth, with HFI loans increasing by $2.0 billion during Q4 2025 to $58.7 billion, and total assets growing 14.6% year-over-year to $92.8 billion at December 31, 2025.
- Asset quality remained steady, with net charge-offs to average loans at 0.24% for the full year 2025 and a nonperforming assets to total assets ratio of 0.69%.
- During Q4 2025, the company repurchased 0.7 million shares for $57.5 million under its share repurchase program.
10 minutes ago
Western Alliance Bancorporation Appoints Two New Board Members
WAL
Board Change
Hiring
- Western Alliance Bancorporation appointed Dr. Michael Papay and Mr. Clarke Starnes III to its Board of Directors, effective December 10, 2025, expanding the Board to fifteen directors.
- Dr. Papay, a recognized cybersecurity authority and former head of Technology Risk and Information Security at American Express, will serve on the Audit Committee and Risk Committee.
- Mr. Starnes, former Chief Risk Officer at Truist, brings expertise in risk, audit, compliance, and regulatory management, and will serve on the Finance and Investment Committee and Risk Committee.
- These appointments add expertise in cybersecurity and risk management as the company nears the $100 billion asset threshold and prepares to become a Large Financial Institution.
Dec 11, 2025, 9:08 PM
WAL Reports Strong Deposit Growth and Capital in Q3 2025
WAL
Earnings
Guidance Update
Revenue Acceleration/Inflection
- Western Alliance Bancorporation reported total deposits of $77.2 billion in Q3 2025, marking a year-over-year growth of $9.2 billion and a quarter-over-quarter increase of $6.14 billion. Non-interest bearing deposits constituted 34% of total deposits.
- The company maintained strong capital levels, with an adjusted CET1 ratio of 11.3% in Q3 2025, exceeding "well-capitalized" levels. The Tangible Common Equity to Tangible Assets (TCE/TA) ratio was 11.3% in Q3 2025.
- In terms of asset quality, Criticized Loans decreased by $196 million quarterly to $1.3 billion, with Special Mention Loans decreasing by $152 million to $292 million in Q3 2025. Non-Performing Loans stood at $477 million in Q3 2025.
- Management provided a positive outlook for 2025, projecting deposit growth of +$8.5 billion and loan (HFI) growth of +$5.0 billion. Net Interest Income is expected to be up 8% - 10%, and Non-interest Income is projected to be up 12% - 16%.
Oct 22, 2025, 4:00 PM
Western Alliance Bancorporation Reports Record Q3 2025 Net Revenue and Pre-Provision Net Revenue
WAL
Earnings
Guidance Update
Share Buyback
- Western Alliance Bancorporation (WAL) reported record net revenue of $938 million and pre-provision net revenue of $394 million for Q3 2025, with EPS of $2.28.
- The company achieved significant balance sheet growth, with deposits increasing by $6.1 billion and net interest income rising 8% quarter-over-quarter to $750 million.
- WAL addressed specific credit exposures, including a $98.5 million note financed loan to Canter Group 5 with a $30 million reserve due to alleged fraud, and a $168 million ABL facility to Point Benita Fund 1, which remains current.
- For the full year 2025, WAL raised year-end deposit growth expectations to $8.5 billion and anticipates net interest income growth of 8% to 10%, alongside non-interest income growth of 12% to 16%.
- The company executed $25 million of its $300 million authorized stock buyback post-quarter end, maintaining its CET1 ratio comfortably above 11%.
Oct 22, 2025, 4:00 PM
Western Alliance Bank Reports Strong Q3 2025 Results and Updates Full-Year Guidance
WAL
Earnings
Guidance Update
Share Buyback
- Western Alliance Bank reported strong financial results for Q3 2025, including record net revenue and pre-provision net revenue (PPNR) of $938,000,000 and $394,000,000 respectively, with EPS of $2.28.
- The company achieved healthy balance sheet growth, with deposits increasing by $6,100,000,000 and held for investment loans growing by $700,000,000 in Q3 2025, contributing to a 30% linked quarter annualized expansion in net interest income.
- Management provided an updated outlook for 2025, reiterating loan growth outlook of $5,000,000,000 and raising year-end deposit growth expectations to $8,500,000,000, while maintaining net interest income growth of 8% to 10% and a mid 3.5% net interest margin for the full year.
- Credit quality performed in line with guidance, with total criticized assets declining 17% and net charge-offs at 22 basis points; a $30,000,000 reserve was established for a $98,500,000 non-accrual loan related to Cantor Group V.
- Capital levels remained strong with CET1 at 11.3%, and the company initiated a $300,000,000 share buyback program, purchasing $25,000,000 through October 17, 2025.
Oct 22, 2025, 4:00 PM
Western Alliance Bancorporation Reports Strong Q3 2025 Financial Results
WAL
Earnings
Revenue Acceleration/Inflection
- Western Alliance Bancorporation reported strong third-quarter 2025 financial results, with earnings per share surging 26.7% year-over-year to $2.28 and net income rising 30.4% year-over-year to $260.5 million.
- The bank experienced significant growth, including a $6.1 billion increase in deposits and revenue growth of 10.9% sequentially to $938.2 million.
- Asset quality remained strong, reflected in a negative $80 million provision for credit losses, and the efficiency ratio improved to 47.8%.
- Tangible book value per share increased 11.6% year-over-year to $58.56, surpassing analyst estimates.
Oct 21, 2025, 10:16 PM
Western Alliance Bancorporation Reports Third Quarter 2025 Financial Results
WAL
Earnings
Share Buyback
- Western Alliance Bancorporation reported net income of $260.5 million and earnings per share of $2.28 for the third quarter of 2025, representing increases of 10.1% and 26.7% year-over-year, respectively.
- Net revenue totaled $938.2 million for Q3 2025, an increase of 14.0% compared to Q3 2024, contributing to a record Pre-Provision Net Revenue (PPNR) of $393.8 million.
- The company achieved healthy balance sheet growth with quarterly loan growth of $707 million and deposit growth of $6.1 billion, boosting total assets to over $90 billion. Provision for credit losses increased to $80.0 million in Q3 2025, primarily due to net charge-offs and a reserve for the Cantor Group V loan.
- The company's tangible book value per share climbed 12.7% year-over-year to $58.56, and it repurchased 300,833 shares for $25.0 million through October 17, 2025, under its share repurchase program.
Oct 21, 2025, 8:16 PM
Western Alliance Bancorporation Reports Strong Q3 2025 Financial Results
WAL
Earnings
Revenue Acceleration/Inflection
Share Buyback
- Western Alliance Bancorporation reported net income of $260.5 million and diluted earnings per common share of $2.28 for Q3 2025, marking increases of 10.1% quarter-over-quarter and 26.7% year-over-year.
- Total assets grew to $91.0 billion at September 30, 2025, driven by an 8.6% quarterly increase in total deposits to $77.2 billion and a 1.3% quarterly increase in HFI loans to $56.6 billion.
- The company achieved a record pre-provision net revenue (PPNR) of $393.8 million in Q3 2025, up $62.6 million from the prior quarter, with a stable net interest margin of 3.53%.
- Provision for credit losses increased to $80.0 million due to net charge-offs and a $30 million reserve for the Cantor Group V loan, while the Common Equity Tier 1 (CET1) ratio improved to 11.3% and tangible book value per share rose to $58.56.
Oct 21, 2025, 8:08 PM
Western Alliance Shares Drop Following Fraud Allegations and Loan Losses
WAL
Legal Proceedings
Demand Weakening
- Western Alliance Bancorporation (WAL) shares plunged by as much as 12.6% following the bank's announcement of legal action against Cantor Group, alleging fraud related to collateralized loans.
- The lawsuit claims the borrower failed to maintain priority collateral positions, raising investor concerns about regional banks' loan exposures.
- Zions Bancorp also disclosed a $50 million charge-off linked to problematic loans connected to Cantor Group, further contributing to broader worries in the financial sector.
- Despite these legal and credit challenges, Western Alliance maintains a positive outlook for 2025, highlighting a reduction in criticized assets and steady financial metrics, including $3.2 billion in trailing twelve months revenue and a 26.37% net margin.
Oct 16, 2025, 4:28 PM
Western Alliance Bancorporation Announces Share Repurchase Program
WAL
Share Buyback
- Western Alliance Bancorporation's Board of Directors has authorized a share repurchase program of up to $300 million.
- The share repurchase program has no expiration date.
- The company intends to return excess capital to shareholders, mitigate share price volatility, and enhance total shareholder returns, citing strong business momentum, expanding profitability, and a fortified capital position.
- The timing and price of repurchases will be at the Company's discretion and may occur through open market or private transactions.
Sep 12, 2025, 8:06 PM
Quarterly earnings call transcripts for WESTERN ALLIANCE BANCORPORATION.
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