{"schema_version":"secwatch.filing_event.v1","accession":"0001212545-25-000020","form_type":"8-K","ticker":"WAL","cik":"0001212545","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2025-01-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.115769+00:00","generated_at":"2026-05-27T09:01:09.389633+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Western Alliance Q4 EPS $1.95 up 46.6% YoY; FY EPS $7.09; NIM 3.48%","bullets":["Q4 net income $216.9M, EPS $1.95 (up 46.6% YoY); full year net income $787.7M, EPS $7.09 (up 8.4%).","Net interest margin 3.48% (down 13bp linked quarter); PPNR $319.4M, up from $285.7M.","Total deposits $66.3B, down $1.7B linked quarter due to seasonal Mortgage Warehouse outflows; already reversed post year-end.","NPA ratio 0.65% (up from 0.45% linked quarter); net charge-offs annualized 0.25% vs 0.20% prior quarter.","Tangible book value per share $52.27, up 11.9% YoY; CET1 ratio 11.3%; adjusted efficiency ratio 51.1%."],"urls":{"canonical":"https://secwatch.observer/filing/0001212545-25-000020","json":"https://secwatch.observer/filing/0001212545-25-000020.json","markdown":"https://secwatch.observer/filing/0001212545-25-000020.md","text":"https://secwatch.observer/filing/0001212545-25-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000121254525000020/0001212545-25-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000121254525000020/wal-20250127.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T09:01:09.389633+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}