---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-26-049001"
form_type: "8-K"
ticker: "WAL"
cik: "0001212545"
company_name: "WESTERN ALLIANCE BANCORPORATION"
filed_at: "2026-07-21T20:16:47+00:00"
generated_at: "2026-07-21T20:18:13.210353+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Western Alliance Q2 2026 EPS $2.36, net income $268.8M, HFI loans up $1.8B

## Summary
- Net income $268.8M, diluted EPS $2.36; adjusted EPS $2.22 in prior quarter (up 6.3% linked-quarter).
- HFI loans grew $1.8B to $60.9B; total deposits down $849M to $81.9B; loan-to-deposit ratio 74.4%.
- Net interest margin 3.53%; PPNR $412.4M; efficiency ratio 58.0% (48.9% adjusted for deposit costs).
- Nonperforming loans to HFI loans 0.92% (up from 0.83% linked-quarter); net charge-offs 0.37% annualized.
- Tangible book value per share $63.24, up 13.2% YoY; CET1 ratio 11.0%; allowance for credit losses 0.89%.

## SEC filing metadata
- accession: 0001628280-26-049001
- form_type: 8-K
- ticker: WAL
- cik: 0001212545
- company_name: WESTERN ALLIANCE BANCORPORATION
- filed_at: 2026-07-21T20:16:47+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/1212545/000162828026049001/0001628280-26-049001-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1212545/000162828026049001/wal-20260721.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-26-049001
- JSON: https://secwatch.observer/filing/0001628280-26-049001.json
- Plain text: https://secwatch.observer/filing/0001628280-26-049001.txt

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