Western Alliance reports Q2 EPS $2.07, consensus $2.00

Reports Q2 revenue $845.9M, consensus $838.66M. “Western Alliance (WAL) delivered strong second quarter results featuring robust net interest income growth, continued loan and deposit momentum, and healthy earnings generated by improving profitability,” said Kenneth A. Vecchione, President and Chief Executive Officer. “Accelerating business momentum drove quarterly loan and deposit growth of $1.2 billion and $1.8 billion, respectively, and produced PPNR of $331.2 million. Asset quality continued to perform as expected with our nonperforming loans to total funded HFI loans ratio decreasing to 0.76% and net loan charge-offs of 0.22% of average loans. Overall, we achieved net income of $237.8 million and earnings per share of $2.07 for the second quarter 2025, which resulted in a return on tangible common equity of 14.9%. Tangible book value per share climbed 14.5% year-over-year to $55.87 with a CET 1 ratio of 11.2%.”