PHOENIX--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it will host its 2026 Investor Day on Tuesday, May 12, 2026, in New York City. During the event, members of the company's executive leadership team will provide an overview of Western Alliance's strategy, operating priorities and financial outlook, followed by a question-and-answer session. Event details Disclosure This release contains forwardlooking statements that are subject to risks, uncertainties and assumptions ...

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced the promotion of Craig Lee Huntington to Head of Association Banking group, which serves the growing community association management industry nationwide. Huntington was a founding member in 2009 of Alliance Association Bank, the Bank's first national business line. The group, now named Association Banking, has since grown to serve more than 1,500 clients today and nearly 45,000 community associations, making Western Alliance the b. ...

Western Alliance Bancorporation (NYSE:WAL) is one of the 10 Best Bank Stocks to Buy in 2026. On February 4, UBS trimmed its target price on Western Alliance (WAL) by 0.9% to $106 (from $107) but retained its Buy recommendation on the stock. The firm said in a research note to investors that Q4 2025 results from mid-cap banks were strong and that it did not see any early asset quality concerns. It also thinks that the steepening of the yield curve, combined with faster loan book expansion and more M&A acti ...

Western Alliance Bancorporation (NYSE:WAL) ranks among the mid-cap stocks to buy according to top investors. While retaining a Buy rating on Western Alliance Bancorporation (NYSE:WAL), DA Davidson increased its price target for the company’s shares from $104 to $105 on January 29. The revision comes after Western Alliance’s quarterly results, which, according to DA Davidson, slightly exceeded projections on a pretax basis. A lower tax rate for the quarter backed an improved after-tax beat. The company ra ...

Group 1: Western Alliance Bank's Expansion and Leadership Changes - Western Alliance Bank has appointed Ian Hawk as the New York market manager for the Note Finance Group, enhancing its presence in a competitive private credit hub [1] - Hawk brings nearly a decade of experience in commercial real estate and private credit, focusing on providing differentiated leverage solutions to New York-based private credit platforms [1] - The bank aims to expand the availability of note finance and single note-on-note products in response to growing demand for tailored financing solutions in the region [1] Group 2: Recognition and Financial Support Initiatives - Western Alliance Bank has been named the Best Small and Medium-Sized Enterprises Bank in the Southwest U.S. by Global Finance, highlighting its commitment to supporting SMEs with innovative financial solutions [2] - The bank provided $35 million in financing for major capital improvements at Marina City Club, enabling structural repairs and new amenities without imposing special assessments on homeowners [2]

Western Alliance Bancorporation (WAL) was cut to Neutral from Overweight at J.P. Morgan on an upside risk to ECR (earnings credit rate) deposit costs. "For 2026, although the newly provided outlook for 2026 ECR deposit costs calls for a range of $535M-$585M, we ...

Core Insights - The company reported record financial results for 2025, including net interest income of $2.9 billion, net revenue of $3.5 billion, and pre-provision net revenue (PP&R) of $1.4 billion, with net income available to common shareholders at $956 million and EPS at $8.73, reflecting a 12% increase in net revenue and a 26% increase in PP&R year-over-year [1][6][4] Financial Performance - For Q4, the company achieved an EPS of $2.59, a 33% increase from the same period last year, with a return on average assets of 1.23% and a return on average tangible common equity of 16.9% [2] - The company ended 2025 with strong momentum, citing robust loan growth, reduced seasonal deposit outflows, and stable net interest margin (NIM) [3][4] Balance Sheet and Growth - Total assets reached approximately $93 billion, with deposits increasing by 16% year-over-year, amounting to an additional $10.8 billion, and held-for-investment (HFI) loan growth of $5 billion for 2025 [5][7] - The company expects to achieve $6 billion in loan growth and $8 billion in deposit growth for 2026, with net interest income projected to rise by 11-14% [6][24] Income and Expense Trends - Non-interest income increased by 25%, primarily driven by commercial banking and disbursement fees, while non-interest expense growth moderated to 4% due to lower deposit costs [1][8] - In Q4, net interest income was $766 million, up from the previous quarter, while net interest margin slightly compressed to 3.51% [11] Credit Quality and Capital - Asset quality remained stable, with net charge-offs at $44.6 million, or 31 basis points of average loans, and the allowance for funded loans fully covering non-performing loans at 102% [14][17] - The company reported a tangible common equity to tangible assets ratio of 7.3% and a CET1 ratio of 11%, consistent with management's targets [17][19] Strategic Outlook - The company plans to de-emphasize certain areas, such as residential loan growth, while focusing on specialized commercial and lower-cost deposit initiatives [20] - Management expressed confidence in the bank's organic growth strategy and earnings momentum heading into 2026 [21]

Financial Data and Key Metrics Changes - In Q4 2025, EPS was $2.59, up 33% year-over-year, with a return on average assets of 1.23% and a return on average tangible common equity of 16.9% [5] - For the full year, net interest income reached a record $2.9 billion, net revenue was $3.5 billion, and pre-provision net revenue was $1.4 billion, with net revenue and pre-provision net revenue increasing 12% and 26% respectively from the prior year [10][11] - Non-interest income rose 25%, primarily driven by stronger commercial banking and disbursement fees [10] Business Line Data and Key Metrics Changes - HFI loan growth was $5 billion, or 9%, across regional banking and specialized C&I verticals, with deposits increasing by $10.8 billion, or 16% [6][14] - Mortgage banking revenues were relatively stable, only down $5 million compared to the prior quarter, with expectations for stronger results in 2026 due to favorable regulatory changes and mortgage rate reductions [7] - Operating leverage was significant, with net revenue growth outpacing non-interest expense growth by four times [8] Market Data and Key Metrics Changes - Total deposits were essentially flat for Q4, but exceeded expectations for the full year, increasing by $10.8 billion, which was nearly $2.5 billion above revised guidance [13] - Regional Banking deposits grew by $1.4 billion in Q4, with notable contributions from Innovation Banking and Specialty Escrow Services [15] Company Strategy and Development Direction - The company is focused on organic growth, with expectations for loan growth of $6 billion and deposit growth of $8 billion in 2026, supported by a healthier macro backdrop and accommodative regulatory environment [24] - Continued investments in preparing for large financial institution status are expected to yield benefits without a notable increase in expenses [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong earnings momentum for 2026, citing macroeconomic tailwinds and a constructive sentiment among commercial clients [24] - The company anticipates net charge-offs to remain elevated in the first half of the year as it works through non-accrual loans, with a proactive approach to managing asset quality [8][26] Other Important Information - The company issued $400 million of subordinated debt to bolster its total capital ratio, which now stands at 14.5% [21] - Tangible book value per share increased by 17.3% year-over-year to $61.29, reflecting strong growth in organic retained earnings [21] Q&A Session Summary Question: Balance sheet growth guidance - Management indicated that the projected loan growth of $6 billion and deposit growth of $8 billion is leading the peer group and reflects organic growth, with adjustments possible if projections prove conservative [31] Question: Charge-off expectations - Charge-offs are expected to be slightly higher in the first half of the year as the company addresses non-accrual loans, with a target midpoint for modeling purposes set at 30 basis points [34] Question: Non-interest income sustainability - The strength in non-interest income is attributed to treasury management and digital disbursements, with expectations for continued growth in these areas [39] Question: ECR deposit expectations - ECR deposits currently make up about 37% of total deposits, with expectations for the mix to hold constant while aiming to push more towards non-ECR deposits [52] Question: Provisioning and allowance updates - The allowance for funded loans is expected to drift up into the low 80s basis points, driven by C&I loan growth and non-accrual loan management [65]

Financial Data and Key Metrics Changes - In Q4 2025, EPS was $2.59, up 33% year-over-year, with a return on average assets of 1.23% and return on average tangible common equity at 16.9% [5] - For the full year, net interest income reached a record $2.9 billion, net revenue was $3.5 billion, and pre-provision net revenue was $1.4 billion, with net revenue and pre-provision net revenue increasing 12% and 26% respectively from the prior year [10] - Non-interest income rose 25%, primarily driven by stronger commercial banking and disbursement fees [10] Business Line Data and Key Metrics Changes - HFI loan growth for the full year was $5 billion, or 9%, with deposits increasing by $10.8 billion, or 16% [6] - Mortgage banking revenues were relatively stable, only down $5 million compared to the prior quarter, with expectations for stronger results in 2026 due to favorable regulatory changes and mortgage rate reductions [7] - Regional Banking posted about $1 billion of loan growth, with significant contributions from Innovation Banking and hotel franchise finance [14] Market Data and Key Metrics Changes - Total deposits were essentially flat for the quarter, with notable growth in Regional Banking deposits, which increased by $1.4 billion [15] - The mix of ECR deposits is expected to hold constant, with around 37% of total deposits being ECR on an average basis [52] - The bank's total assets expanded to approximately $93 billion, with total equity ending the year at $8 billion [14] Company Strategy and Development Direction - The company aims to cross $100 billion in assets by year-end 2026 while maintaining steady expense growth [8] - The focus is on organic growth, with loan growth projected at $6 billion and deposit growth at $8 billion for 2026 [24] - The company is investing in new business lines and technology to support future growth, with a strong emphasis on operational efficiency [79] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong earnings momentum for 2026, supported by a healthier macro backdrop and accommodative regulatory environment [24] - The outlook includes expectations for net interest income growth of 11%-14% and non-interest income growth of 2%-4% [25] - Management anticipates net charge-offs to be between 25 and 35 basis points as they work through non-accrual balances [26] Other Important Information - The company issued $400 million of subordinated debt to bolster its total capital ratio [21] - Tangible book value per share increased by 17.3% year-over-year to $61.29, reflecting strong organic earnings [21] - The efficiency ratio improved, with a Q4 efficiency ratio of 55.7% [11] Q&A Session Summary Question: Balance sheet growth guidance - Management indicated that the projected loan growth of $6 billion and deposit growth of $8 billion leads the peer group and reflects organic growth [31] Question: Charge-off expectations - Charge-offs are expected to be slightly higher in the first half of the year as the company works to reduce non-accrual loans [34] Question: Non-interest income sustainability - The strength in non-interest income is driven by treasury management and digital disbursements, with expectations for continued growth [39] Question: ECR deposit expectations - ECR deposits are expected to hold constant in mix, with a beta of 65%-70% on ECR deposits [54] Question: Loan origination spreads - The company is experiencing competitive pressures but maintains a focus on quality and operational efficiency [57]

Financial Data and Key Metrics Changes - In Q4 2025, EPS was $2.59, up 33% year-over-year, with a return on average assets of 1.23% and return on average tangible common equity at 16.9% [4] - For the full year, net interest income reached a record $2.9 billion, net revenue was $3.5 billion, and pre-provision net revenue was $1.4 billion, with net revenue and pre-provision net revenue increasing 12% and 26% respectively from the prior year [8] - Non-interest income rose 25%, primarily driven by stronger commercial banking and disbursement fees, while non-interest expense growth slowed to 4% [8][9] Business Line Data and Key Metrics Changes - HFI loan growth for the full year was $5 billion, or 9%, with regional banking and specialized C&I verticals contributing significantly [4][10] - In Q4, mortgage banking revenues only declined by $5 million compared to the prior quarter, indicating stability despite seasonal trends [5] - The Juris Banking team completed over 17 million digital payments related to a major settlement, showcasing the effectiveness of the disbursement platform [5] Market Data and Key Metrics Changes - Total deposits increased by $10.8 billion, or 16%, driven by strong inflows in regional banking and a 40% growth in specialty escrow businesses [4][10] - Regional Banking deposits grew by $1.4 billion in Q4, with notable contributions from Innovation Banking and Specialty Escrow Services [12] - The mix of ECR deposits is expected to remain consistent, with around 37% of total deposits being ECR on an average basis [33] Company Strategy and Development Direction - The company aims to cross $100 billion in assets by year-end 2026 while maintaining a stable expense structure [6] - There is a focus on organic growth opportunities, with expectations of $6 billion in loan growth and $8 billion in deposit growth for 2026 [19][20] - The company is emphasizing the growth of lower-cost deposit channels and higher-yielding C&I loans to enhance net interest margin [43][44] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in strong earnings momentum for 2026, supported by a pro-growth regulatory environment and improving visibility on rate normalization [19] - The outlook for net interest income growth is projected at 11%-14%, assuming two rate cuts during the year [20] - Asset quality remains stable, with expectations for net charge-offs to be between 25 and 35 basis points as non-accrual balances are proactively reduced [21] Other Important Information - The company issued $400 million of subordinated debt to bolster its capital ratio, and tangible book value per share rose 17% year-over-year to $61.29 [11][17] - The efficiency ratio improved, with a Q4 efficiency ratio of 55.7% and an adjusted efficiency ratio of 46.5% [14] - The company has been a leader in creating shareholder value, with EPS growth and tangible book value accumulation ranking in the top quartile relative to peers over the last decade [18] Q&A Session Summary Question: Balance sheet growth guidance - Management indicated that the projected loan growth of $6 billion and deposit growth of $8 billion is leading the peer group and reflects organic growth [23] Question: Charge-off expectations - Charge-offs are expected to be higher in the first half of the year as the company works through non-accrual loans, with a normalization expected in the latter half [25] Question: Non-interest income sustainability - The strength in non-interest income is driven by treasury management and digital disbursements, with expectations for continued growth in these areas [27] Question: ECR deposit expectations - ECR deposits are expected to maintain a consistent mix, with a beta of 65%-70% on ECR deposits, and efforts are being made to shift towards lower-cost deposits [33][34]