WESTERN ALLIANCE BANCORPORATION Earnings Per Share Disclosure
| Year Ended December 31, | ||||||||||||||||||||
| 2025 | 2024 | 2023 | ||||||||||||||||||
| (in millions, except per share amounts) | ||||||||||||||||||||
| Weighted average shares - basic | 108.8 | 108.6 | 108.3 | |||||||||||||||||
| Dilutive effect of stock awards | 0.7 | 0.7 | 0.2 | |||||||||||||||||
| Weighted average shares - diluted | 109.5 | 109.3 | 108.5 | |||||||||||||||||
| Net income available to common stockholders | $ | 956.2 | $ | 774.9 | $ | 709.6 | ||||||||||||||
| Earnings per common share: | ||||||||||||||||||||
| Basic | $ | 8.79 | $ | 7.14 | $ | 6.55 | ||||||||||||||
| Diluted | 8.73 | 7.09 | 6.54 | |||||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 23, 2026 | Showing above |
| 2024 | Feb 25, 2025 | |
| 2023 | Feb 28, 2024 | |
| 2022 | Feb 23, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 25, 2021 | |
| 2019 | Mar 2, 2020 | |
| 2018 | Mar 1, 2019 | |
| 2017 | Feb 26, 2018 | |
| 2016 | Feb 28, 2017 | |
| 2015 | Feb 16, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.