Earnings Feed

$938 million net revenue; $394 million pre-provision net revenue

Western Alliance generated record net revenue and pre-provision net revenue in Q3 2025, reflecting strong business momentum and operating leverage.

$698 million

Net interest income of almost $700 million, grew 7.2% quarter-over-quarter or nearly 29% annualized, driving PPNR up of $331 million for the quarter which equates to a 19% increase from Q1.

$24 million

Asset quality and net income were impacted by a single $24 million Twin Cities suburban CRE office loan originated in June 2022 that moved to nonaccrual in the quarter, increasing credit loss expense.

$11.3 million charge-offs

Resolved two credit exposures resulting in elevated provision and charge-offs, not indicative of broader credit deterioration.

$170 million charge-offs

Charge-offs were slightly elevated due to a couple of instances of apparent fraud in certain secured lending facilities, contributing $170 million in the quarter.