secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001212545-24-000273
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Alliance Q3 net income $199.8M, EPS $1.80; loans +$916M
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- Net income $199.8M, diluted EPS $1.80; linked-quarter +3.2%, YoY -7.8% from $216.6M.
- HFI loans $53.3B (+$916M QoQ), deposits $68.0B (+$1.8B QoQ); loan-to-deposit 78.4%.
- Net interest margin 3.61% (down 2bp QoQ); adjusted efficiency ratio 52.7%.
- Tangible book value per share $51.98, up 19.1% YoY; CET1 ratio 11.2%.
- Nonperforming assets to total assets 0.45%; net charge-offs 0.20% annualized.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000121254524000273/0001212545-24-000273-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000121254524000273/wal-20241017.htm
  HTML page:      https://secwatch.observer/filing/0001212545-24-000273

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer