WAL News & Events

Reports Q4 revenue $980.9M, consensus $913.87M. Reports Q4 tangible book value per share $61.29. Reports Q4 CET1 capital ratio 11%. Reports Q4 net charge-offs .31%."Western Alliance delivered exceptional results to close out 2025, highlighted by record net interest income, revenues, and PPNR. Outstanding loan and deposit growth, gathering strength in commercial banking non-interest income, improved efficiency, and a steady net interest margin were key factors behind our solid operating leverage and strong financial performance. These results position us to sustain a strong earnings trajectory in 2026," said Kenneth Vecchione, president and CEO. "Impressive quarterly loan growth of $2.0 billion boosted total assets to approximately $93 billion and PPNR by 35.4% annualized to $429 million. Asset quality remained steady as total criticized assets declined $8 million quarterly. Overall, we achieved earnings per share of $2.59 for the quarter, 32.8% higher than Q4 2024, which resulted in a return on assets of 1.23%, a return on tangible common equity1 of 16.9%, while tangible book value per share1 rose 17.3% year-over-year to $61.29."

Western Alliance Bank (WAL) announced that it has appointed Stephen McMaster as Chief Information Security Officer. He will be based in Phoenix. "Steve impressed us with his disciplined approach to risk management, his ability to guide large, complex security organizations and his strong understanding of the regulatory expectations facing large financial institutions," said Western Alliance President and CEO Ken Vecchione. Prior to joining Western Alliance Bank, McMaster spent more than 20 years at Wells Fargo (WFC).