Western Alliance Earnings Reports

Western Alliance Bancorporation delivered solid results in Q1 2025, marked by $199.1 million in net income and robust loan and deposit growth. The bank maintained strong capital levels and stable asset quality, with a notable increase in tangible book value per share.

Western Alliance reported a strong fourth quarter with earnings per share of $1.95, a 46.6% increase compared to Q4 2023. The company's return on tangible common equity was 14.6%, and tangible book value per share rose 11.9% year-over-year to $52.27. Deposits declined by $1.7 billion due to seasonal tax escrow deposit outflows.

Western Alliance Bancorporation reported a solid third quarter with a net income of $199.8 million and earnings per share of $1.80. The company saw strong net interest income growth, continued loan and deposit momentum, and healthy earnings generation. Loan and deposit growth were $916 million and $1.8 billion, respectively. Asset quality remained stable.

Western Alliance Bancorporation reported a net income of $193.6 million and earnings per share of $1.75 for Q2 2024. The company experienced growth in net interest income, loan momentum, and deposit generation. The return on tangible common equity was 14.3%, and tangible book value per share climbed 13.2% year-over-year to $48.79, with a CET1 ratio of 11.0%.

Western Alliance Bancorporation reported a net income of $177.4 million and earnings per share of $1.60 for Q1 2024. The company saw significant deposit growth of $6.9 billion, which enhanced liquidity and allowed for the repayment of $1.0 billion in borrowings. Excluding notable items, net income was $190.9 million and earnings per share were $1.72.

Western Alliance Bancorporation reported a decrease in net income to $147.9 million and earnings per share to $1.33 for Q4 2023. The company's diversified commercial business strategy drove loan and deposit momentum, contributing to net interest income growth and stable asset quality.

Western Alliance Bancorporation reported a net income of $216.6 million and earnings per share of $1.97 for Q3 2023. The company's profitability was strengthened by net interest income growth and net interest margin expansion. Deposit momentum improved liquidity levels, with a quarterly deposit growth of $3.2 billion.

Western Alliance Bancorporation reported a net income of $215.7 million and earnings per share of $1.96 for Q2 2023. The company successfully executed its balance sheet repositioning strategy, bolstering liquidity and capital. Deposit growth was $3.5 billion, and the HFI loan-to-deposit ratio lowered to 94%.

Western Alliance Bancorporation reported a net income of $142.2 million and earnings per share of $1.28 for Q1 2023. The company's deposits stabilized at $47.6 billion by the end of the quarter, with a subsequent increase of $2.0 billion through April 14. The CET1 ratio stood at 9.4%, and the tangible book value per share increased by 3.3% to $41.56 from year-end.

Western Alliance Bancorporation reported strong Q4 2022 financial results, with record net income of $293.0 million and earnings per share of $2.67. The company's performance was driven by its diversified, national commercial business strategy.

Western Alliance Bancorporation reported a strong Q3 2022, with net income of $264.0 million and earnings per share of $2.42. The company saw growth in loans and deposits, lifting total assets to $69 billion. Asset quality remained stable and strong.

Western Alliance Bancorporation reported a solid performance in Q2 2022, with record revenues, PPNR, and earnings. Net income reached $260.2 million, with an EPS of $2.39, a 10.1% increase over the prior year. Loan and deposit increases were strong, lifting total assets to $66 billion. The net interest margin increased to 3.54%.

Western Alliance Bancorporation reported a strong first quarter in 2022, with net income of $240.1 million and earnings per share of $2.22. The company's balance sheet grew, surpassing $60 billion in assets, driven by loan and deposit growth. Asset quality remained strong, with low nonperforming assets and negligible net charge-offs.

Western Alliance Bancorporation reported record earnings for Q4 2021, with a net income of $246.0 million and an EPS of $2.32. Loan and deposit growth boosted total assets to $56.0 billion, and tangible book value per share rose to $37.84.

Western Alliance Bancorporation reported a record quarter with net income of $236.9 million and earnings per share of $2.28. The company's unique national commercial business strategy produced highest ever quarterly organic loan growth of $4.8 billion, with deposits also up $3.4 billion.

Western Alliance Bancorporation reported a record net income of $223.8 million and earnings per share of $2.17 for the second quarter of 2021. Balance sheet growth was driven by an increase in HFI loans and deposit growth, lifting total assets to $49.1 billion.

Western Alliance Bancorporation reported a strong first quarter in 2021, marked by record highs in key financial performance results and balance sheet growth. Loans were up by $1.7 billion and deposits increased by $6.5 billion. Net income was $192.5 million and earnings per share reached $1.90.

Western Alliance Bancorporation reported a strong Q4 2020 with record net income of $193.6 million, EPS of $1.93, and PPNR of $206.4 million. The company benefited from a $34.2 million release in loan loss reserves and growth in loans and deposits, leading to increased total assets and tangible book value per share.

Western Alliance Bancorporation reported a strong third quarter in 2020, with net income of $135.8 million and earnings per share of $1.36, both up over 45% from the prior quarter. The company benefited from a decline in the provision for credit losses and loan growth in low-risk asset classes.

Western Alliance Bancorporation reported a net income of $93.3 million and earnings per share of $0.93 for Q2 2020. Despite a $40.8 million increase in the provision for credit losses, these figures represent an increase of over 10% from the first quarter. The company facilitated $1.9 billion in loans under the Payroll Protection Program, contributing to a $1.9 billion loan growth, which was surpassed by a $2.7 billion deposit growth.

Western Alliance Bancorporation reported a decrease in net income for Q1 2020, impacted by a $51.2 million provision for credit losses due to the COVID-19 pandemic and adoption of the CECL accounting standard. However, loan and deposit growth each exceeded $2.0 billion, bringing total assets to $29.2 billion.

Western Alliance Bancorporation reported a record net income of $128.1 million and earnings per share of $1.25 for Q4 2019, an increase of 10.6% over the prior year. Loan and deposit growth contributed to total assets reaching $26.8 billion. The net interest margin was 4.39%, and tangible book value rose 3.7% to $26.54.