{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-26-026302","form_type":"8-K","ticker":"WAL","cik":"0001212545","company_name":"WESTERN ALLIANCE BANCORPORATION","filed_at":"2026-04-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:32.045950+00:00","generated_at":"2026-05-15T05:03:50.122263+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Western Alliance Q1 net income $189.2M; adjusted EPS $2.22; deposits +$5.6B","bullets":["Net income $189.2M ($1.65 EPS); adjusted EPS $2.22 excluding $0.57 of notable items.","NIM expanded 3 bps to 3.54%; cost of interest-bearing deposits fell 21 bps linked-quarter.","Deposits grew $5.6B and loans $465M; tangible book value per share $61.14 (+13% YoY).","Recorded $126.4M Leucadia and $26.1M Cantor fraud charge-offs; offset by $50.5M security gains.","CET1 ratio stable at 11.0%; completed $50M quarterly share repurchases."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-26-026302","json":"https://secwatch.observer/filing/0001628280-26-026302.json","markdown":"https://secwatch.observer/filing/0001628280-26-026302.md","text":"https://secwatch.observer/filing/0001628280-26-026302.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026026302/0001628280-26-026302-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026026302/wal-20260421.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T05:03:50.122263+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2a5cf148cef9b5b42afb11d5ff8a9ec1a75f97f7","claim":"WESTERN ALLIANCE BANCORPORATION reported the fiscal quarter ended March 31, 2026 results: net income $189.2 million, EPS $1.65.","evidence_excerpt":"21, 2026 FIRST QUARTER 2026 FINANCIAL RESULTS Quarter Highlights: Net income Earnings per share PPNR 1 Net interest margin Efficiency ratio 1 Book value per common share $189.2 million $1.65 $444.5 million 3.54% 55.8% $67.03 $251.3 million, as adjusted 1 $2.22, as adjusted 1 $394.0 million, as adjusted 1 47.5%, adjusted for deposit costs 1 $61.14, excluding","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1212545/000162828026026302/0001628280-26-026302-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fiscal quarter ended March 31, 2026"},{"label":"Net income","value":"$189.2 million"},{"label":"EPS","value":"$1.65"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}