Western Alliance Q1 net income $199.1M, EPS $1.79; CEO Vecchione returns April 15

WESTERN ALLIANCE BANCORPORATION

2025-Q1 EPS reported $1.79 revenue$23,000,000

Net income $199.1M, diluted EPS $1.79; down 8.2% linked Q, up 12.2% YoY.
Loans HFI $54.8B (+$1.1B QoQ), deposits $69.3B (+$3.0B QoQ); loan-to-deposit 79.0%.
Tangible book value per share $54.10, up 14.4% YoY; CET1 ratio 11.1%.
NPA ratio 0.60% stable; net charge-offs 0.20% annualized; credit quality steady.
CEO Kenneth Vecchione returned from medical leave, reappointed President/CEO effective Apr 15; Gibbons remains CFO.

item 2.02 item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kenneth A. Vecchione

President and Chief Executive Officer

WAL · WESTERN ALLIANCE BANCORPORATION

Effective: 2025-04-15
Filed: April 21, 2025, 7:59 PM ET

On April 15, 2025, Mr. Vecchione notified the Company’s Board of Directors of his ability to return from his temporary leave of absence and upon such notification, the Board of Directors acted to reappoint Mr. Vecchione to the offices of President and Chief Executive Officer of the Company, effective as of April 15, 2025.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth A. Vecchione was appointed as President and Chief Executive Officer at WESTERN ALLIANCE BANCORPORATION.

Action: reappointed
Role: President and Chief Executive Officer

Exact text from the filing

On April 15, 2025, Mr. Vecchione notified the Company’s Board of Directors of his ability to return from his temporary leave of absence and upon such notification, the Board of Directors acted to reappoint Mr. Vecchione to the offices of President and Chief Executive Officer of the Company, effective as of April 15, 2025.

View on SEC.gov

WESTERN ALLIANCE BANCORPORATION filing history →

Source: SEC EDGAR

accession 0001212545-25-000136

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.