Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 127

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 127
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)Income Statement: Three Months Ended June 30, 2025:(in millions)Interest income$1,154.4 $612.9 $303.3 $238.2 Interest expense456.8 153.5 156.9 146.4 Funds transfer pricing— (138.3)286.0 (147.7)Net interest income (expense)697.6 321.1 432.4 (55.9)Provision for credit losses39.9 35.0 4.8 0.1 Net interest income (expense) after provision for credit losses657.7 286.1 427.6 (56.0)Non-interest income148.3 38.3 86.0 24.0 Salaries and employee benefits179.9 35.4 39.1 105.4 Other non-interest expense (1)334.8 134.4 291.2 (90.8)Income (loss) before provision for income taxes291.3 154.6 183.3 (46.6)Income tax expense (benefit)53.5 28.1 34.3 (8.9)Net income (loss)$237.8 $126.5 $149.0 $(37.7)Six Months Ended June 30, 2025:(in millions)Interest income$2,250.0 $1,204.4 $588.5 $457.1 Interest expense901.8 303.4 312.9 285.5 Funds transfer pricing— (270.1)556.2 (286.1)Net interest income (expense)1,348.2 630.9 831.8 (114.5)Provision for (recovery of) credit losses71.1 66.2 9.9 (5.0)Net interest income (expense) after provision for credit losses1,277.1 564.7 821.9 (109.5)Non-interest income275.7 75.2 165.5 35.0 Salaries and employee benefits362.3 79.6 82.1 200.6 Other non-interest expense (1)652.8 259.2 557.9 (164.