---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-045685"
form_type: "8-K"
ticker: "WAL"
cik: "0001212545"
company_name: "WESTERN ALLIANCE BANCORPORATION"
filed_at: "2025-10-21T23:59:59+00:00"
generated_at: "2026-05-17T02:57:59.323344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Western Alliance Q3 EPS $2.28, up 26.7% YoY; record PPNR $394M

## Summary
- Net income $260.5M, EPS $2.28 (up 10.1% QoQ, 26.7% YoY); net revenue $938.2M.
- Pre-provision net revenue (PPNR) of $393.8M, a record high, up $62.6M QoQ.
- HFI loans grew $707M to $56.6B; total deposits up $6.1B to $77.2B.
- Tangible book value per share $58.56, up 4.8% QoQ and 12.7% YoY; CET1 ratio 11.3%.
- Nonperforming loans to HFI loans rose to 0.92% from 0.76% QoQ; net charge-offs stable at 0.22%.

## SEC filing metadata
- accession: 0001628280-25-045685
- form_type: 8-K
- ticker: WAL
- cik: 0001212545
- company_name: WESTERN ALLIANCE BANCORPORATION
- filed_at: 2025-10-21T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1212545/000162828025045685/0001628280-25-045685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1212545/000162828025045685/wal-20251021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-045685
- JSON: https://secwatch.observer/filing/0001628280-25-045685.json
- Plain text: https://secwatch.observer/filing/0001628280-25-045685.txt

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