Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 50

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 15)Equity:Preferred stock (par value $0.0001; 20,000,000 authorized; 30,000 shares (12,000,000 depositary shares) issued and outstanding and liquidation value per depositary share of $25 at September 30, 2025 and December 31, 2024)295 295 Common stock (par value $0.0001; 200,000,000 authorized; 113,212,117 shares issued at September 30, 2025 and 112,897,807 at December 31, 2024) and additional paid in capital2,277 2,245 Treasury stock, at cost (2,980,632 shares at September 30, 2025 and 2,845,201 shares at December 31, 2024)(137)(125)Accumulated other comprehensive loss(409)(534)Retained earnings5,371 4,826 Total Western Alliance stockholders’ equity7,397 6,707 Noncontrolling interest in subsidiary293 — Total equity7,690 6,707 Total liabilities and equity$90,970 $80,934 

See accompanying Notes to Unaudited Consolidated Financial Statements.

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Table of Contents

WESTERN ALLIANCE BANCORPORATION AND SUBSIDIARIES

CONSOLIDATED INCOME STATEMENTS

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(in millions, except per share amounts)Interest income:Loans, including fees$948.3 $945.3 $2,743.6 $2,713.9 Investment securities230.0 195.4 595.5 526.2 Dividends and other47.2 59.3 136.4 162.4 Total interest income1,225.5 1,200.0 3,475.5 3,402.5 Interest expense:Deposits398.2 422.1 1,154.3 1,213.0 Qualifying debt6.3 9.5 23.8 28.6 Other borrowings70.6 71.5 198.8 208.5 Total interest expense475.1 503.1 1,376.9 1,450.1 Net interest