earnings
confidence high
sentiment neutral
materiality 0.70
Western Alliance Q3 net income $199.8M, EPS $1.80; loans +$916M
WESTERN ALLIANCE BANCORPORATION
2024-Q3 EPS reported
$5.14
revenue$45,900,000
- Net income $199.8M, diluted EPS $1.80; linked-quarter +3.2%, YoY -7.8% from $216.6M.
- HFI loans $53.3B (+$916M QoQ), deposits $68.0B (+$1.8B QoQ); loan-to-deposit 78.4%.
- Net interest margin 3.61% (down 2bp QoQ); adjusted efficiency ratio 52.7%.
- Tangible book value per share $51.98, up 19.1% YoY; CET1 ratio 11.2%.
- Nonperforming assets to total assets 0.45%; net charge-offs 0.20% annualized.