secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2025-01-27T23:59:59+00:00
Accession:  0001212545-25-000020
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Alliance Q4 EPS $1.95 up 46.6% YoY; FY EPS $7.09; NIM 3.48%
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- 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%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000121254525000020/0001212545-25-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000121254525000020/wal-20250127.htm
  HTML page:      https://secwatch.observer/filing/0001212545-25-000020

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