Western Alliance Bancorporation Sees 25.8% Increase in Full-Year Net Income

By Chris Stiles • Tuesday, January 27 15:17 • Permanent Link

Western Alliance Bancorporation reported its financial results for the fourth quarter and full year of 2025, showcasing significant growth across various metrics. Here are the key highlights:

Net income for the fourth quarter of 2025 was $293.2 million, a 12.6% increase from the previous quarter. Earnings per share also rose by 13.6% to $2.59 compared to the last quarter.
Net revenue increased by 4.6% to $980.9 million in the fourth quarter, compared to the third quarter of 2025.
Pre-provision net revenue (PPNR) for the fourth quarter was $428.7 million, up $34.9 million from the previous quarter.
Full-year net income reached $990.6 million, marking a 25.8% increase from the previous year. Earnings per share for the full year were $8.73, up 23.1% from the prior year.
HFI loans increased by $2.0 billion, or 3.6%, to $58.7 billion in the fourth quarter of 2025.
Total deposits amounted to $77.2 billion at the end of the fourth quarter, reflecting a decrease of $88 million from the previous quarter but an increase of $10.8 billion from the end of 2024.
The company's nonperforming (nonaccrual) loans to funded HFI loans decreased to 0.85% from 0.92% in the previous quarter.
Net interest margin was reported at 3.51% for the fourth quarter of 2025, a slight decrease from 3.53% in the third quarter.
The company's efficiency ratio, adjusted for deposit costs, stood at 46.5% for the fourth quarter, down from 47.8% in the previous quarter.
The tangible book value per share increased by 17.3% year-over-year to $61.29.

Following these announcements, the company's shares moved -1.62%, and are now trading at a price of $88.37. For more information, read the company's full 8-K submission here.

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