News
- Western Alliance Bancorp extended gains for the second day in a row by 8% to $46.42 despite the company reporting weak quarterly results.
Net revenue increased 21.3% to $669.3 million and net income decreased 17.1% to $215.7 million from $260.2 million and diluted earnings per share fell to $1.96 from $2.39 a year ago.
Total deposits declined 5% from a year ago and rose 7.3% from the previous quarter to $51.0 billion.
The rise in deposits from the previous quarter showed that the bank is attracting more customers, a key driver indicator of the customer confidence.
Net interest margin decreased to 3.42% from 3.54% a year ago and from 3.79% in the previous quarter.
Jul 19, 2023 - Western Alliance Bancorporation soared 25% to $40.59 after the regional bank reported earnings ahead of expectations and deposits stabilized.
Net interest income rose 35.7% to $609.9 million but net income plunged 40.8% to $142.2 million from $240.1 million and diluted earnings per share declined to $1.28 from $2.22 a year ago.
Total deposits declined 8.8% to $47.6 billion from $52.1 billion, total assets rose 17.3% to $71 billion and loans held-for-investment increased 12.9% to $46.3 billion.
Since March 31, deposits have increased an additional $2.0 billion through April 14, with total insured deposits representing 73% of total deposits, which is "well above industry norms compared to the 50 largest U.S. banks," said the company.
Apr 19, 2023
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Price
- Last Close
-
$ 84.26
1.75 %
+1.45
Jan 3, 2025
- Trading Volume
- 56,431
- 52-Week High/Low
- $82 - $40
- Market Cap Full
- $ 8.8B
- YTD
- 1%
Returns +
Q
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | 0.8% | -2.4% | -40.4% | -23.1% | 57.5% | -5% | 3.9% | 2.6% | 0.8% | -6.9% | - |
| Q2 | - | -1.8% | 2.7% | -14.8% | -1.7% | 4% | 5.2% | 0.2% | 0.2% | -2.2% | - |
| Q3 | - | -0.1% | 26.1% | -7.3% | 17.2% | 8% | 2.9% | -0.4% | 7.9% | 15% | - |
| Q4 | - | -8.8% | 47.7% | -8.9% | -1.1% | 86.8% | 24.3% | -29.8% | 5.7% | 29.8% | - |
Returns +
M
| J | F | M | A | M | J | J | A | S | O | N | D | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.8% | - | - | - | - | - | - | - | - | - | - | - |
| 2024 | -2.8% | -9.7% | 11.2% | -10.6% | 9.8% | -3.3% | 32% | -0.1% | - | - | - | - |
Returns +
A
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WAL | 1% | 27% | 10% | -45% | 80% | 5% | 45% | -30% | 16% | 36% | 29% |
Earnings
| id | company_name | ticker | sector | industry | addresss | state | city | zip | country | |
|---|---|---|---|---|---|---|---|---|---|---|
| Q1 | ||||||||||
| Q2 | ||||||||||
| Q3 | ||||||||||
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| A |
Annual
Returns
52 Week
High/Low
Annual
Earnings
Chart
Trading Volume
Dividend +
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Q1 | 0.37 | 0.36 | 0.35 | 0.25 | 0.25 |
| Q2 | 0.37 | 0.36 | 0.35 | 0.25 | 0.25 |
| Q3 | 0.37 | 0.36 | 0.36 | 0.35 | 0.25 |
| Q4 | 0.38 | 0.37 | 0.36 | 0.35 | 0.25 |
| A | 1.49 | 1.45 | 1.42 | 1.2 | 1 |