Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 284

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 284
---
28.0)1,376.9 1,450.1 (73.2)Net interest income750.4 696.9 53.5 2,098.6 1,952.4 146.2 Provision for credit losses80.0 33.6 46.4 151.1 85.9 65.2 Net interest income after provision for credit losses670.4 663.3 7.1 1,947.5 1,866.5 81.0 Non-interest income187.8 126.2 61.6 463.5 371.3 92.2 Non-interest expense544.4 537.4 7.0 1,559.5 1,506.0 53.5 Income before provision for income taxes313.8 252.1 61.7 851.5 731.8 119.7 Income tax expense53.3 52.3 1.0 154.1 161.0 (6.9)Net income260.5 199.8 60.7 697.4 570.8 126.6 Net income attributable to noncontrolling interest7.1 — 7.1 14.5 — 14.5 Net income attributable to Western Alliance253.4 199.8 53.6 682.9 570.8 112.1 Dividends on preferred stock3.2 3.2 — 9.6 9.6 — Net income available to common stockholders$250.2 $196.6 $53.6 $673.3 $561.2 $112.1 Earnings per share:Basic$2.30 $1.81 $0.49 $6.18 $5.17 $1.01 Diluted2.28 1.80 0.48 6.14 5.14 1.00 

63

Non-GAAP Financial Measures

The following discussion and analysis contains financial information determined by methods other than those prescribed by GAAP. The Company's management uses these non-GAAP financial measures in their analysis of the Company's performance. Management believes presentation of these non-GAAP financial measures provides useful supplemental information that is essential to a complete understanding