Western Alliance Bancorporation Common Stock (DE) (WAL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good day, everyone. Welcome to Western Alliance Bank Corporation's fourth quarter and full year 2025 earnings call. You may also view the presentation today via webcast through the company's website at www.westernalliancebankcorporation.com. I would now like to turn the call over to Myles Pondelik, Director of Investor Relations and Corporate Development. Please go ahead. Thank you. Welcome to Western Alliance Bank's Paul Hebert, Norcal PTAC, he or he doesn't need to be on the call. Paul Hebert, Norcal PTAC, he or he doesn't need to be on the call. Paul Hebert, Norcal PTAC, he or he doesn't need to be on the call. For more complete discussion of the risks and uncertainties that could cause actual results that differ materially from any forward-looking statements, please refer to the company's SEC filings, including the Form 8K of yesterday, which are available on the company's website. Now, for opening remarks, I'd like to turn the call over to Ken Vecchione. Thank you, Miles. Good afternoon, everyone. I'll make some brief comments about our fourth quarter and full year 2025 performance before handing the call over to our new Chief Financial Officer, Vishal Adani. to discuss our financial results and drivers in more detail. I'll then close our prepared remarks by reviewing our 2026 outlook. Dale Gibbons, now backed by popular demand, and our new chief banking officer for deposit initiatives and innovation, and Tim Bruckner will join us for Q&A. Western lines closed 2025 with strong momentum, delivering record quarterly financial results and broad-based performance across the franchise. We saw robust loan growth, reduced seasonal deposit outflows, positive net interest income trends, stable NIM, rising fee income, and continued expansion in PPNR, all while maintaining...