Company: WAL-PA
Filing Date: 2025-08-01
Form Type: 10-Q
Source: 0001212545-25-000214
Chunk: 140

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-08-01
Form: 10-Q
Item: Part I, Item 1
Chunk 140
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 $6,707 Less:Preferred stock295 295 Noncontrolling interest in subsidiary293 — Total common stockholders' equity6,819 6,412 Less: goodwill and intangible assets, net653 659 Total tangible common stockholders' equity6,166 5,753 Plus: deferred tax - attributed to intangible assets2 2 Total tangible common equity, net of tax$6,168 $5,755 Total assets$86,725 $80,934 Less: goodwill and intangible assets, net653 659 Tangible assets86,072 80,275 Plus: deferred tax - attributed to intangible assets2 2 Total tangible assets, net of tax$86,074 $80,277 Tangible common equity ratio7.2 %7.2 %Common shares outstanding110.4 110.1 Book value per common share$61.77 $58.24 Tangible book value per common share, net of tax55.87 52.27 

Three Months Ended June 30,Six Months Ended June 30,2025202420252024(dollars in millions)Net income available to common stockholders$227.2 $190.4 $423.1 $364.6 Divided by:Average stockholders' equity$7,355 $6,330 $7,128 $6,257 Less:Average goodwill and intangible assets655 666 656 667 Average preferred stock295 295 295 295 Average noncontrolling interest in subsidiary293 — 155 — Average tangible common equity$6,112 $5,369 $6,022 $5,295 Return on average tangible common equity14.9 %14.3 %14.2 %13.8 %

65

Regulatory Capital

The following table presents certain financial measures related to regulatory capital under Basel III, which includes CET1 and total capital. The FRB and other banking regulators use CET1 and total capital as a basis for assessing a bank's capital adequacy; therefore, management believes it is useful to assess financial condition and capital adequacy using this same basis. Specifically, the CET1, tier 1 capital, and total capital ratios take into consideration the risk levels of assets and off-balance sheet financial instruments. In addition, management believes that the