Company: WAL-PA
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001628280-25-047883
Chunk: 299

Company: WESTERN ALLIANCE BANCORPORATION
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 299
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 sophisticated commercial institutions and investors within niche industries, as well as financial services to the real estate industry.

•Consumer Related: offers both commercial banking services to enterprises in consumer-related sectors and consumer banking services, such as residential mortgage banking.

•Corporate & Other: consists of the Company's investment portfolio, Corporate borrowings and other related items, income and expense items not allocated to other reportable segments, and inter-segment eliminations.

The following tables present selected reportable segment information: 

Consolidated CompanyCommercialConsumer RelatedCorporate & OtherAt September 30, 2025:(in millions)Loans HFI, net of deferred fees and costs$56,646 $33,830 $22,816 $— Deposits77,247 28,584 42,725 5,938 At December 31, 2024:Loans HFI, net of deferred fees and costs$53,676 $31,544 $22,132 $— Deposits66,341 25,487 33,767 7,087 

Three Months Ended September 30, 2025:(in millions)Income (loss) before provision for income taxes$313.8 $133.4 $227.2 $(46.8)Nine Months Ended September 30, 2025:Income (loss) before provision for income taxes$851.5 $434.6 $574.6 $(157.7)Three Months Ended September 30, 2024:Income before provision for income taxes$252.1 $138.2 $113.7 $0.2 Nine Months Ended September 30, 2024:Income before provision for income taxes$731.8 $411.1 $303.4 $17.3 

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BALANCE SHEET ANALYSIS

Total assets increased $10.0 billion, or 12.4%, to $91.0 billion at September 30, 2025, compared to $80.9 billion at December 31, 2024. Higher deposit levels supported increases in investment securities and cash of $3.7 billion and $1.7 billion, respectively, and also funded HFI and HFS loan growth. Loans HFI increased $3.0 billion, or 5.5%, to $56.6 billion as of September 30, 2025 compared to $53.7 billion