---
schema_version: "secwatch.filing_event.v1"
accession: "0001212545-24-000215"
form_type: "8-K"
ticker: "WAL"
cik: "0001212545"
company_name: "WESTERN ALLIANCE BANCORPORATION"
filed_at: "2024-07-18T23:59:59+00:00"
generated_at: "2026-05-31T19:32:54.552380+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Alliance Q2 net income $193.6M, EPS $1.75; NIM expands to 3.63%

## Summary
- Net income $193.6M ($1.75 EPS), up 9.1% QoQ from $177.4M, but down 10.2% YoY from $215.7M.
- Net interest margin 3.63% vs 3.60% QoQ and 3.42% YoY; PPNR $285.0M, up $38.0M QoQ.
- HFI loans $52.4B (+3.4% QoQ); total deposits $66.2B (+6.5% QoQ); loan-to-deposit ratio 79.1%.
- Tangible book value per share $48.79, up 13.2% YoY; CET1 ratio 11.0%.
- Adjusted efficiency ratio 51.5% (vs 57.3% QoQ); nonperforming assets to total assets 0.51%.

## SEC filing metadata
- accession: 0001212545-24-000215
- form_type: 8-K
- ticker: WAL
- cik: 0001212545
- company_name: WESTERN ALLIANCE BANCORPORATION
- filed_at: 2024-07-18T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1212545/000121254524000215/0001212545-24-000215-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1212545/000121254524000215/wal-20240718.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001212545-24-000215
- JSON: https://secwatch.observer/filing/0001212545-24-000215.json
- Plain text: https://secwatch.observer/filing/0001212545-24-000215.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.