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AI brief of an SEC Form 8-K · Western Alliance Bancorporation (WAL)

Western Alliance Q1 net income rises 12.2% from a year earlier to $199.1 million

Mixed Impact 4 of 5 earnings Written later

Western Alliance Bancorporation reported first quarter 2025 net income of $199.1 million and diluted earnings per share of $1.79, up from a year earlier but down from the fourth quarter of 2024. The company also reappointed Kenneth A. Vecchione as President and Chief Executive Officer, effective April 15, 2025, ending the temporary leave under which Dale Gibbons had served as interim CEO.

Key points

  • Net income of $199.1 million, up 12.2% from $177.4 million a year earlier and down 8.2% from $216.9 million in the fourth quarter of 2024.
  • Diluted earnings per share of $1.79, compared with $1.60 a year earlier and $1.95 in the fourth quarter of 2024.
  • Net revenue of $778.0 million, up 6.8% year over year and down 7.2% from the fourth quarter of 2024.
  • Kenneth A. Vecchione reappointed President and CEO effective April 15, 2025; Dale Gibbons remains Vice Chair and Chief Financial Officer.

The filing

CompanyWestern Alliance Bancorporation (WAL)
Form8-K, current report
Filed with the SECApr 21, 2025, 4:25 PM ET
Accession number0001212545-25-000136

Items reported: 2.02 Results of Operations5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 21, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.