Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 49

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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318 74,227 Commitments and contingencies (Note 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 June 30, 2025 and December 31, 2024)295 295 Common stock (par value $0.0001; 200,000,000 authorized; 113,359,870 shares issued at June 30, 2025 and 112,897,807 at December 31, 2024) and additional paid in capital2,273 2,245 Treasury stock, at cost (2,979,168 shares at June 30, 2025 and 2,845,201 shares at December 31, 2024)(137)(125)Accumulated other comprehensive loss(482)(534)Retained earnings5,165 4,826 Total Western Alliance stockholders’ equity7,114 6,707 Noncontrolling interest in subsidiary293 — Total equity7,407 6,707 Total liabilities and equity$86,725 $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 June 30,Six Months Ended June 30,2025202420252024(in millions, except per share amounts)Interest income:Loans, including fees$914.3 $896.7 $1,795.3 $1,768.6 Investment securities199.7 188.4 365.5 330.8 Dividends and other40.4 62.4 89.2 103.1 Total interest income1,154.4 1,147.5 2,250.0 2,202.5 Interest expense:Deposits377.8 410.3 756.1 790.9 Qualifying debt8.2 9.6 17.5 19.1 Other borrowings70.8 71.0 128.2 137.0 Total interest expense456.8 490.9 901.8 947