secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2025-04-21T23:59:59+00:00
Accession:  0001212545-25-000136
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000121254525000136/0001212545-25-000136-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000121254525000136/wal-20250421.htm
  HTML page:      https://secwatch.observer/filing/0001212545-25-000136

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