---
schema_version: "secwatch.filing_event.v1"
accession: "0001212545-25-000136"
form_type: "8-K"
ticker: "WAL"
cik: "0001212545"
company_name: "WESTERN ALLIANCE BANCORPORATION"
filed_at: "2025-04-21T23:59:59+00:00"
generated_at: "2026-05-23T10:01:20.619959+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001212545-25-000136
- form_type: 8-K
- ticker: WAL
- cik: 0001212545
- company_name: WESTERN ALLIANCE BANCORPORATION
- filed_at: 2025-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1212545/000121254525000136/0001212545-25-000136-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1212545/000121254525000136/wal-20250421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001212545-25-000136
- JSON: https://secwatch.observer/filing/0001212545-25-000136.json
- Plain text: https://secwatch.observer/filing/0001212545-25-000136.txt

## Key facts
- Executive change
  Kenneth A. Vecchione was appointed as President and Chief Executive Officer at WESTERN ALLIANCE BANCORPORATION.
  - Action: reappointed
  - Role: President and Chief Executive Officer
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1212545/000121254525000136/0001212545-25-000136-index.htm

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