WESTERN ALLIANCE BANCORPORATION

For the period ended Mar 31, 2026. Filed May 11, 2026.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2026 · Filed May 11, 2026

WAL$76.30-1.2%Stored close · as of Nov 10, 2026

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Contents

Consolidated Income Statements

	Three Months Ended March 31,
	2026	2025
(in millions, except per share amounts)
Interest income:
Loans, including fees	$915.7	$881.0
Investment securities	218.6	165.8
Dividends and other	53.9	48.8
Total interest income	1,188.2	1,095.6
Interest expense:
Deposits	360.7	378.3
Qualifying debt	13.1	9.3
Other borrowings	48.1	57.4
Total interest expense	421.9	445.0
Net interest income	766.3	650.6
Provision for credit losses	213.2	31.2
Net interest income after provision for credit losses	553.1	619.4
Non-interest income:
Service charges and fees	88.5	37.2
Net gain on mortgage loan origination and sale activities	72.7	49.5
Net loan servicing (loss) revenue	(1.3)	21.8
Income from bank owned life insurance	10.7	11.4
Gain on sales of investment securities	50.5	2.1
Fair value gain adjustments, net	3.1	1.0
Income (loss) from equity investments	13.3	(4.8)
Other income	15.1	9.2
Total non-interest income	252.6	127.4
Non-interest expense:
Salaries and employee benefits	205.5	182.4
Deposit costs	163.3	136.8
Data processing	53.1	45.2
Legal, professional, and directors' fees	30.6	28.9
Insurance	24.7	37.9
Occupancy	19.2	17.2
Loan servicing expenses	16.7	16.4
Business development and marketing	9.5	5.9
Loan acquisition and origination expenses	7.9	5.2
Other expense	43.9	24.5
Total non-interest expense	574.4	500.4
Income before provision for income taxes	231.3	246.4
Income tax expense	42.1	47.3
Net income	189.2	199.1
Net income attributable to noncontrolling interest	7.1	—
Net income attributable to Western Alliance	182.1	199.1
Dividends on preferred stock	3.2	3.2
Net income available to common stockholders	$178.9	$195.9
Earnings per share:
Basic	$1.65	$1.80
Diluted	1.65	1.79
Weighted average number of common shares outstanding:
Basic	108.2	108.8
Diluted	108.7	109.6
Dividends declared per common share	$0.42	$0.38

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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.