Latest news with #WAL
Yahoo
2 days ago
- Business
- Yahoo
Western Alliance (WAL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Western Alliance (WAL) reported $856.1 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 9.5%. EPS of $2.07 for the same period compares to $1.75 a year ago. The reported revenue compares to the Zacks Consensus Estimate of $848.1 million, representing a surprise of +0.94%. The company delivered an EPS surprise of +1.47%, with the consensus EPS estimate being $2.04. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Western Alliance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 60.1% compared to the 58.5% average estimate based on four analysts. Net Interest Margin: 3.5% versus the four-analyst average estimate of 3.4%. Net charge-offs to average loans - annualized: 0.2% versus the four-analyst average estimate of 0.2%. Average Balance - Total interest earning assets: $80.53 billion versus $79.16 billion estimated by three analysts on average. Total non-interest income: $148.3 million versus $138.63 million estimated by four analysts on average. Service charges and fees: $36.9 million compared to the $39 million average estimate based on three analysts. Net interest income: $697.6 million versus the three-analyst average estimate of $689.28 million. Net gain on loan origination and sale activities: $39.4 million versus the three-analyst average estimate of $59.48 million. Other non-interest income: $8.3 million compared to the $15.06 million average estimate based on two analysts. Net Interest Income (FTE): $707.8 million versus the two-analyst average estimate of $703.17 million. Net loan servicing revenue: $38.3 million versus $24.72 million estimated by two analysts on average. View all Key Company Metrics for Western Alliance here>>> Shares of Western Alliance have returned +13.8% over the past month versus the Zacks S&P 500 composite's +4.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Western Alliance Bancorporation (WAL) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Yahoo
2 days ago
- Business
- Yahoo
Western Alliance: Q2 Earnings Snapshot
PHOENIX (AP) — PHOENIX (AP) — Western Alliance Bancorp (WAL) on Thursday reported second-quarter earnings of $230.4 million. The bank, based in Phoenix, said it had earnings of $2.07 per share. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share. The bank holding company posted revenue of $1.3 billion in the period. Its revenue net of interest expense was $856.1 million, which also topped Street forecasts. Three analysts surveyed by Zacks expected $848.1 million. _____ This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on WAL at
Globe and Mail
08-07-2025
- Business
- Globe and Mail
Western Alliance Bancorporation Announces Second Quarter 2025 Earnings Release Date, Conference Call and Webcast
Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its second quarter 2025 financial results after the market closes on Thursday, July 17, 2025. Ken Vecchione, President and CEO, and Dale Gibbons, Vice Chairman and CFO, will host a conference call at 12:00 p.m. ET on Friday, July 18, 2025 to discuss the Company's performance. Participants may access the call by dialing 1-833-470-1428 using the access code 863006 or via live audio webcast using the website link: The webcast is also available through the Company's website at Participants should log in at least 15 minutes early to receive instructions. The call will be recorded and made available for replay July 18 th after 3:00 p.m. ET until July 25 th at 11:59 p.m. ET by dialing 1-866-813-9403 using the access code: 760564. About Western Alliance Bancorporation With more than $80 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country's top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, clients benefit from a full spectrum of tailored commercial banking solutions and consumer products, all delivered with outstanding service by industry experts who put customers first. Major accolades include being ranked as a top U.S. bank in 2024 by American Banker and Bank Director and receiving #1 rankings on Extel's (formerly Institutional Investor's) All-America Executive Team Midcap Banks 2024 for Best CEO, Best CFO and Best Company Board of Directors. Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit Western Alliance Bancorporation.
Yahoo
05-04-2025
- Business
- Yahoo
Bank Stocks Tumble as Tariffs Raise Recession Risks
Shares of major U.S. banks were sharply lower on Thursday as Wall Street reacted to President Donald Trump's announcement of sweeping tariffs that economists warn could stunt economic growth and reignite inflation. The KBW Nasdaq Bank Index (BKX) was down more than 8% in recent trading. A decline of that size would represent the index's worst day since the regional banking crisis of March 2023, when the collapse of Silicon Valley and Signature Banks coincided with an 11% drop for the benchmark index. Regional banks Western Alliance (WAL) and Zions Bancorp (ZION), both down double digits Thursday, were leading the index's decliners. Among the largest U.S. banks, Citigroup (C) and Bank of America (BAC) were the hardest hit, falling 10% and 9%, respectively. Shares of JPMorgan Chase (JPM), one of the world's largest banks, were down 6%, while investment banks Morgan Stanley (MS) and Goldman Sachs (GS) were both off more than 7%. Banks aren't directly affected by Trump's tariffs, which apply first to companies that buy and sell goods. However, like all services, banking benefits from a healthy economy in which businesses and consumers are borrowing, investing, and spending. Economists have warned that the new tariffs, which could lift America's overall tariff rate to its highest level in a century, threaten to slow economic growth, reduce investment, and weigh on consumer spending. Many investors and economists are concerned the tariff fallout could result in stagflation and complicate the Federal Reserve's efforts to bring inflation down to its 2% target without pushing the economy into a recession. Deutsche Bank analysts on Wednesday warned that the tariffs as outlined could shave 1 to 1.5 percentage points off U.S. gross domestic product growth this year—"meaningfully raising recession risks"—and tack a similar amount onto the core inflation rate. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
28-02-2025
- Business
- Yahoo
Western Alliance Bancorporation Full Year 2024 Earnings: In Line With Expectations
Revenue: US$3.02b (up 18% from FY 2023). Net income: US$774.9m (up 9.2% from FY 2023). Profit margin: 26% (down from 28% in FY 2023). The decrease in margin was driven by higher expenses. EPS: US$7.14 (up from US$6.55 in FY 2023). Net interest margin (NIM): 3.58% (down from 3.63% in FY 2023). Cost-to-income ratio: 53.1% (down from 53.5% in FY 2023). Non-performing loans: 1.13% (up from 0.82% in FY 2023). All figures shown in the chart above are for the trailing 12 month (TTM) period Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations. The primary driver behind last 12 months revenue was the Consumer Related segment contributing a total revenue of US$1.82b (60% of total revenue). Explore how WAL's revenue and expenses shape its earnings. Looking ahead, revenue is forecast to grow 9.9% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Banks industry in the US. Performance of the American Banks industry. The company's shares are down 4.0% from a week ago. While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We have a graphic representation of Western Alliance Bancorporation's balance sheet and an in-depth analysis of the company's financial position. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
