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CONSOLIDATED INCOME STATEMENTS - USD ($)
$ in Thousands, shares in Millions
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Interest income:      
Loans, including fees $ 3,679,800 $ 3,629,100 $ 3,409,700
Investment securities 815,900 703,600 459,900
Dividends and other 197,200 208,400 165,700
Total interest income 4,692,900 4,541,100 4,035,300
Interest expense:      
Deposits 1,537,800 1,600,200 1,142,600
Qualifying debt 32,800 38,000 37,900
Other borrowings 257,500 284,000 515,900
Total interest expense 1,828,100 1,922,200 1,696,400
Net interest income 2,864,800 2,618,900 2,338,900
Provision for (recovery of) credit losses 224,100 145,900 62,600
Net interest income after provision for credit losses 2,640,700 2,473,000 2,276,300
Non-interest income:      
Service charges and fees 194,300 109,600 110,300
Net gain on mortgage loan origination and sale activities 255,500 206,300 193,500
Net loan servicing revenue 77,800 121,500 102,300
Income from equity investments 18,100 38,200 15,700
Income from bank owned life insurance 46,000 27,800 4,500
Gain (loss) on sales of investment securities 29,400 17,400 (40,800)
Fair value gain (loss) adjustments, net 12,900 7,500 (116,000)
Other income 44,200 14,900 11,200
Non-interest income 678,200 543,200 280,700
Non-interest expense:      
Salaries and employee benefits 757,500 631,100 566,300
Deposit costs 630,500 693,200 436,700
Insurance 117,500 164,800 190,400
Data processing 187,200 149,700 122,000
Legal, professional, and directors' fees 115,900 109,400 107,200
Occupancy 70,600 73,100 65,600
Loan servicing expenses 69,200 68,100 58,800
Business development and marketing 28,700 32,700 21,800
Loan acquisition and origination expenses 26,200 21,500 20,400
Extinguishment of debt 0 0 (52,700)
Other non-interest expense 108,400 81,400 86,900
Total non-interest expense 2,111,700 2,025,000 1,623,400
Income (loss) before provision for income taxes 1,207,200 991,200 933,600
Income tax expense 216,600 203,500 211,200
Net income 990,600 787,700 722,400
Net income attributable to noncontrolling interest 21,600 0 0
Net income attributable to Western Alliance 969,000 787,700 722,400
Dividends on preferred stock 12,800 12,800 12,800
Net income available to common stockholders $ 956,200 $ 774,900 $ 709,600
Earnings per share:      
Earnings per share, basic (dollars per share) $ 8.79 $ 7.14 $ 6.55
Earnings per share, diluted (dollars per share) $ 8.73 $ 7.09 $ 6.54
Weighted average number of common shares outstanding:      
Weighted average number of common shares outstanding, basic (shares) 108.8 108.6 108.3
Weighted average number of common shares outstanding, diluted (shares) 109.5 109.3 108.5
Dividends declared per common share      
Dividends declared per common share (dollars per share) $ 1.56 $ 1.49 $ 1.45