secwatch.observer — SEC 8-K summary
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Issuer:     WESTERN ALLIANCE BANCORPORATION (WAL)
CIK:        0001212545
Form:       8-K
Filed at:   2026-07-21T20:16:47+00:00
Accession:  0001628280-26-049001
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1212545/000162828026049001/0001628280-26-049001-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1212545/000162828026049001/wal-20260721.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-049001

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer