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

Western Alliance Q2 net income rises 13% to $268.8 million; EPS $2.36

Positive Impact 3 of 5 earnings Written later

Western Alliance Bancorporation reported results for the quarter ended June 30, 2026, furnishing a press release and earnings presentation under Item 2.02 of Form 8-K. Net income was $268.8 million, or $2.36 per diluted share, up from $237.8 million and $2.07 a year earlier, and net revenue was $995.7 million, up 17.7% from a year earlier but down 2.3% from the first quarter. For shareholders, the headline profit and revenue measures improved year over year, while the first quarter included a $126.4 million charge-off of the Leucadia Asset Management loan.

Key points

  • Net income of $268.8 million and diluted EPS of $2.36 for Q2 2026, versus $237.8 million and $2.07 for Q2 2025
  • Net revenue of $995.7 million, up 17.7% year over year and down 2.3% from the first quarter's $1.0 billion
  • Provision for credit losses fell to $80.4 million from $213.2 million in Q1 2026, which included the $126.4 million LAM loan charge-off
  • Net interest margin was 3.53%, flat from Q2 2025; the company will discuss results on a conference call at 12:00 p.m. ET on July 22, 2026

The filing

CompanyWestern Alliance Bancorporation (WAL)
Form8-K, current report
Filed with the SECJul 21, 2026, 4:16 PM ET
Accession number0001628280-26-049001

Items reported: 2.02 Results of Operations

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 July 21, 2026.

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.