Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 52

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 52
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 expense53.3 52.3 154.1 161.0 Net income260.5 199.8 697.4 570.8 Net income attributable to noncontrolling interest7.1 — 14.5 — Net income attributable to Western Alliance253.4 199.8 682.9 570.8 Dividends on preferred stock3.2 3.2 9.6 9.6 Net income available to common stockholders$250.2 $196.6 $673.3 $561.2 Earnings per share:Basic$2.30 $1.81 $6.18 $5.17 Diluted2.28 1.80 6.14 5.14 Weighted average number of common shares outstanding:Basic109.0 108.7 108.9 108.6 Diluted109.8 109.5 109.6 109.2 Dividends declared per common share$0.38 $0.37 $1.14 $1.11 

See accompanying Notes to Unaudited Consolidated Financial Statements.

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Table of Contents

WESTERN ALLIANCE BANCORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

Three Months Ended September 30,Nine Months Ended September 30,2025202420252024(in millions)Net income$260.5 $199.8 $697.4 $570.8 Other comprehensive income, net:Unrealized gain on AFS securities, net of tax effect of $(26.2), $(60.4), $(51.5), and $(46.1), respectively80.7 183.7 146.1 140.5 Unrealized gain (loss) on SERP, net of tax effect of $0.0, $0.0, $(0.1), and $0.0, respectively0.1 (0.1)0.2 (0.1)Unrealized loss on junior subordinated debt, net of tax effect of $0.6, $0.1, $1.5, and $0.5, respectively(1.7)(0.3)(4.7)(1.3)Realized gain on sale of