secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2026-01-27T23:59:59+00:00
Accession:  0001628280-26-003507
Event type: earnings
Sentiment:  positive
Materiality: 0.90
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Western Alliance Q4 net income $293M, EPS $2.59, PPNR $429M; record revenues
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- Q4 net income $293.2M ($2.59 EPS), up 12.6% QoQ; FY net income $990.6M ($8.73 EPS), up 25.8% YoY.
- Q4 pre-provision net revenue $428.7M (+$34.9M QoQ); full year PPNR $1.4B (+25.9% YoY).
- Net interest margin 3.51% (down 2bp QoQ); efficiency ratio 55.7% improved from 57.4%.
- HFI loans grew $2.0B in Q4 to $58.7B; total deposits $77.2B; loan-to-deposit ratio 76.0%.
- Tangible book value per share $61.29, up 17.3% YoY; CET1 ratio 11.0%; share repurchases $57.5M in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000162828026003507/0001628280-26-003507-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000162828026003507/wal-20260126.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-003507

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