Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 7

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 2
Chunk 7
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 490.9 (34.1)901.8 947.0 (45.2)Net interest income697.6 656.6 41.0 1,348.2 1,255.5 92.7 Provision for credit losses39.9 37.1 2.8 71.1 52.3 18.8 Net interest income after provision for credit losses657.7 619.5 38.2 1,277.1 1,203.2 73.9 Non-interest income148.3 115.2 33.1 275.7 245.1 30.6 Non-interest expense514.7 486.8 27.9 1,015.1 968.6 46.5 Income before provision for income taxes291.3 247.9 43.4 537.7 479.7 58.0 Income tax expense53.5 54.3 (0.8)100.8 108.7 (7.9)Net income237.8 193.6 44.2 436.9 371.0 65.9 Net income attributable to noncontrolling interest7.4 — 7.4 7.4 — 7.4 Net income attributable to Western Alliance230.4 193.6 36.8 429.5 371.0 58.5 Dividends on preferred stock3.2 3.2 — 6.4 6.4 — Net income available to common stockholders$227.2 $190.4 $36.8 $423.1 $364.6 $58.5 Earnings per share:Basic$2.08 $1.75 $0.33 $3.89 $3.36 $0.53 Diluted2.07 1.75 0.32 3.86 3.34 0.52 

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