---
schema_version: "secwatch.filing_event.v1"
accession: "0001212545-25-000186"
form_type: "8-K"
ticker: "WAL"
cik: "0001212545"
company_name: "WESTERN ALLIANCE BANCORPORATION"
filed_at: "2025-07-17T23:59:59+00:00"
generated_at: "2026-05-18T05:55:04.369697+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Alliance Q2 2025 net income $237.8M, EPS $2.07, up 22.8% YoY

## Summary
- Net income $237.8M ($2.07 EPS), up 19.4% QoQ and 22.8% YoY; PPNR $331.2M.
- HFI loans grew $1.2B QoQ to $55.9B; deposits grew $1.8B to $71.1B; loan-to-deposit ratio 78.7%.
- NPL ratio improved to 0.76% from 0.82% QoQ; net charge-offs 0.22% of avg loans; criticized loans down $118M.
- CET1 ratio 11.2%, tangible book value per share $55.87 (+14.5% YoY), ROATCE 14.9%.
- Net interest margin expanded to 3.53% from 3.47% QoQ; adjusted efficiency ratio improved to 51.8%.

## SEC filing metadata
- accession: 0001212545-25-000186
- form_type: 8-K
- ticker: WAL
- cik: 0001212545
- company_name: WESTERN ALLIANCE BANCORPORATION
- filed_at: 2025-07-17T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1212545/000121254525000186/0001212545-25-000186-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1212545/000121254525000186/wal-20250717.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001212545-25-000186
- JSON: https://secwatch.observer/filing/0001212545-25-000186.json
- Plain text: https://secwatch.observer/filing/0001212545-25-000186.txt

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