WAL
Western Alliance Bancorporation86.20
+0.02+0.02%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
9.51BP/E (TTM)
10.66Basic EPS (TTM)
8.09Dividend Yield
0.02%Recent Filings
8-K
8-K
8-K
8-K
Strong Q3 earnings, deposit surge
Western Alliance Bancorporation reported Q3 2025 net income of $260.5 million and EPS of $2.28, up 30.4% and 26.7% year-over-year, fueled by $6.1 billion in deposit growth and $707 million in loans, pushing total assets past $90 billion. Net interest income rose 7.7% to $750.4 million with a steady 3.53% margin, while mortgage banking revenue surged 63% to $75.5 million, driving record pre-provision net revenue of $393.8 million. Yet a $30 million reserve for the Cantor Group V loan lifted the provision to $80 million. Asset quality held firm, with criticized loans down $196 million.
8-K
Bank clarifies fraud lawsuit collateral
Western Alliance Bancorporation disclosed details on a note finance revolving credit facility to Cantor Group V, LLC, secured by commercial real estate loans, after initiating a fraud lawsuit in August over collateral issues. The bank assesses existing collateral as sufficient via as-is appraisals, bolstered by limited and full guarantees from ultra-high net worth individuals. Total criticized assets now trail June 30, 2025 levels. Company affirms 2025 guidance.
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