{"schema_version":"secwatch.filing_event.v1","accession":"0001212545-23-000004","form_type":"8-K","ticker":"WAL","cik":"0001212545","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2023-01-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.091202+00:00","generated_at":"2026-06-20T10:32:22.197451+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Western Alliance Q4 net income $293M, EPS $2.67; full-year EPS up 11.9% to $9.70","bullets":["Q4 net income $293.0M ($2.67 EPS), up 15.1% YoY; full-year net income $1.1B ($9.70 EPS).","Net interest margin expanded to 3.98% from 3.78% in Q3; efficiency ratio 46.9%.","Q4 deposits fell $1.9B due to seasonal tax/insurance outflows; year-to-date 2023 average deposits up $2.4B.","CET1 ratio 9.3%, tangible book value per share $40.25 (+6.4% YoY).","Annualized net charge-offs negligible at 0.01%; nonperforming assets 0.14% of total assets."],"urls":{"canonical":"https://secwatch.observer/filing/0001212545-23-000004","json":"https://secwatch.observer/filing/0001212545-23-000004.json","markdown":"https://secwatch.observer/filing/0001212545-23-000004.md","text":"https://secwatch.observer/filing/0001212545-23-000004.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000121254523000004/0001212545-23-000004-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000121254523000004/wal-20230124.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:32:22.197451+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9f190303c2193a77cd543bb03d595e234757f351","claim":"WESTERN ALLIANCE BANCORPORATION reported the fiscal year ended December 31, 2022 results: revenue $2.5 billion, net income $1.1 billion, EPS $9.70.","evidence_excerpt":"▪ Net income of $1.1 billion and earnings per share of $9.70, up 17.6% and 11.9%, from $899.2 million and $8.67, respectively ▪ Net revenue of $2.5 billion, an increase of 30.1%, or $587.9 million, compared to an increase in non-interest expenses of 35.9%, or $305.3 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000121254523000004/0001212545-23-000004-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal year ended December 31, 2022"},{"label":"Revenue","value":"$2.5 billion"},{"label":"Net income","value":"$1.1 billion"},{"label":"EPS","value":"$9.70"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"e01fe45b215d8708e8ef2789eb1ad682fbfd67dc","claim":"WESTERN ALLIANCE BANCORPORATION reported the fiscal quarter ended December 31, 2022 results: revenue $701.2 million, net income $293.0 million, EPS $2.67.","evidence_excerpt":"▪ Net income of $293.0 million and earnings per share of $2.67, compared to $264.0 million and $2.42, respectively ▪ Net revenue of $701.2 million, an increase of 5.6%, or $37.3 million, compared to an increase in non-interest expenses of 9.0%, or $27.6 million","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000121254523000004/0001212545-23-000004-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended December 31, 2022"},{"label":"Revenue","value":"$701.2 million"},{"label":"Net income","value":"$293.0 million"},{"label":"EPS","value":"$2.67"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}