WESTERN ALLIANCE BANCORPORATION (WAL) Form 8-K — Oct 19, 2026
Western Alliance Bancorporation reported Q3 2026 net income of $277.2 million and diluted EPS of $2.45, up 6.4% and 7.5% year-over-year respectively, with pre-provision net revenue of $419.1 million rising $25 million or 6.4% from a year ago. Asset quality improved notably as nonaccrual loans fell $77 million (about 14%) quarter-over-quarter to 0.79% of funded HFI loans, while ACL coverage of nonaccrual loans rose from 96% to 118% and net charge-offs declined to an annualized 0.30%.
Key figures
- Eps
- 2.45
- Revenue
- 1014.2
- Net Income
- 277.2
- Revenue Yoy
- 8.1%
- Total Assets
- 98072000000
- Shares Outstanding
- 108000000
- Ppnr
- 419100000
- Roaa
- 1.12%
- Roatce
- 15.5%
- Loans hfi
- 61549000000
- Tce ratio
- 6.9%
- Cet1 ratio
- 10.9%
- Total deposits
- 81755000000
- Net charge offs
- 45800000
- Efficiency ratio
- 58.1%
- Nonaccrual loans
- 485000000
- Shares repurchased
- 1150000
- Net charge off rate
- 0.30%
- Net interest income
- 807600000
- Net interest margin
- 3.57%
- Avg repurchase price
- 79.78
- Share repurchases q3
- 92100000
- Special mention loans
- 397000000
- Cumulative repurchases
- 212500000
- Acl to funded hfi loans
- 0.93%
- Acl to nonaccrual loans
- 118%
- Common dividend per share
- 0.42
- Provision for credit losses
- 80000000
- Tangible book value per share
- 62.22
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