WAL

Analysts on Wall Street project that Western Alliance (WAL) will announce quarterly earnings of $2.33 per share in its forthcoming report, representing an increase of 12.6% year over year. Revenues are projected to reach $973.85 million, increasing 13.8% from the same quarter last year. Over the last 30 days, there has been a downward revision of 3.2% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors typically use consensus earnings and revenue estimates as a yardstick to evaluate the company's quarterly performance, scrutinizing analysts' projections for some of the company's key metrics can offer a more comprehensive perspective. Given this perspective, it's time to examine the average forecasts of specific Western Alliance metrics that are routinely monitored and predicted by Wall Street analysts. The consensus among analysts is that 'Net Interest Margin' will reach 3.3%. The estimate compares to the year-ago value of 3.5%. It is projected by analysts that the 'Efficiency Ratio' will reach 55.3%. Compared to the present estimate, the company reported 60.1% in the same quarter last year. The combined assessment of analysts suggests that 'Total Non-Performing - Loan' will likely reach $467.40 million. Compared to the current estimate, the company reported $613.00 million in the same quarter of the previous year. According to the collective judgment of analysts, 'Average Balance - Total interest earning assets' should come in at $91.25 billion. The estimate is in contrast to the year-ago figure of $80.53 billion. Analysts' assessment points toward 'Total Non-Performing - Assets' reaching $528.29 million. The estimate is in contrast to the year-ago figure of $831.00 million. Analysts predict that the 'Total non-interest income' will reach $182.88 million. The estimate compares to the year-ago value of $148.30 million. The consensu...

Glacier Bancorp (GBCI) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price. The earnings report, which is expected to be released on July 23, might help the stock move higher if these key numbers are better than expectations. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $0.76 per share in its upcoming report, which represents a year-over-year change of +68.9%. Revenues are expected to be $324.2 million, up 34.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 0.4% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that an aggregate change may not always reflect the direction of estimate revisions by each of the covering analysts. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive p...

The market expects Western Alliance (WAL) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended June 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates. The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on July 21. On the other hand, if they miss, the stock may move lower. While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise. This bank holding company is expected to post quarterly earnings of $2.33 per share in its upcoming report, which represents a year-over-year change of +12.6%. Revenues are expected to be $973.85 million, up 13.8% from the year-ago quarter. The consensus EPS estimate for the quarter has been revised 3.16% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Price, Consensus and EPS Surprise Estimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the m...

PHOENIX, July 07, 2026--(BUSINESS WIRE)--Western Alliance Bancorporation (NYSE: WAL) announced today that it plans to release its second quarter 2026 financial results after the market closes on Tuesday, July 21, 2026. Kenneth A. Vecchione, Chairman, President and Chief Executive Officer and Vishal Idnani, Chief Financial Officer, will host a conference call at 12:00 p.m. ET on Wednesday, July 22, 2026 to discuss the Company's performance. Participants may access the call by dialing 1-833-461-5787 using the access code 808307916 or via live audio webcast using the website link: https://events.q4inc.com/attendee/808307916. The webcast is also available through the Company's website at www.westernalliancebancorporation.com. Participants should log in at least 15 minutes early to receive instructions. The call will be recorded, and the webcast replay will remain available for one year. About Western Alliance Bancorporation Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. Its primary subsidiary, Western Alliance Bank, Member FDIC, is a leading national bank for business that puts customers first, delivering tailored business banking solutions and consumer products backed by outstanding, personalized service and specific expertise in more than 30 industries and sectors. With over $90 billion in assets and offices nationwide, Western Alliance has ranked as a top U.S. bank by American Banker and Bank Director since 2016. In 2025, Western Alliance Bancorporation was #2 for Best CEO, Best CFO and Best Company Board of Directors on Extel’s All-America Executive Team Midcap Banks list. For more information on offerings, subsidiaries and affiliates, visit www.westernalliancebank.com or follow Western Alliance Bank on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20260706912890/en/ Contacts Investors:Miles Pondelik, 602-346-7462Email: [email protected] Media:Stephanie Whitlow, 480-998-6547Email: [email protected]

Over the past six months, Western Alliance Bancorporation’s stock price fell to $81.50. Shareholders have lost 6.7% of their capital, which is disappointing considering the S&P 500 has climbed by 8.4%. This was partly due to its softer quarterly results and might have investors contemplating their next move. Is now the time to buy Western Alliance Bancorporation, or should you be careful about including it in your portfolio? Check out our in-depth research report to see what our analysts have to say, it’s free. Despite the more favorable entry price, we’re sitting this one out for now. Here are three reasons we avoid WAL, plus one stock we’d rather own. Net interest margin (NIM) represents how much a bank earns in relation to its outstanding loans. It’s one of the most important metrics to track because it shows how a bank’s loans are performing and whether it has the ability to command higher premiums for its services. Over the past two years, Western Alliance Bancorporation’s net interest margin averaged 3.5%. However, its margin contracted by 3.6 basis points (100 basis points = 1 percentage point) over that period. This decline was a headwind for its net interest income. While prevailing rates are a major determinant of net interest margin changes over time, the decline could mean Western Alliance Bancorporation either faced competition for loans and deposits or experienced a negative mix shift in its balance sheet composition. Topline growth alone doesn’t tell the complete story — the profitability of that growth shapes actual earnings impact. Banks track this dynamic through efficiency ratios, which compare non-interest expenses such as personnel, rent, IT, and marketing costs to total revenue streams. Markets emphasize efficiency ratio trends over static measurements, recognizing that revenue compositions drive different expense bases. Lower efficiency ratios signal superior performance by indicating that banks are controlling costs effectively relative to their income. For the next 12 months, Wall Street expects Western Alliance Bancorporation to become less profitable as it anticipates an efficiency ratio of 56.7% compared to 50.7% over the past year. Analyzing the long-term change in earnings per share (EPS) shows whether a company’s incremental sales were profitable — for example, revenue could be inflated through excessive spending on advertising...

Let’s dig into the relative performance of Western Alliance Bancorporation (NYSE:WAL) and its peers as we unravel the now-completed Q1 regional banks earnings season. Regional banks, financial institutions operating within specific geographic areas, serve as intermediaries between local depositors and borrowers. They benefit from rising interest rates that improve net interest margins (the difference between loan yields and deposit costs), digital transformation reducing operational expenses, and local economic growth driving loan demand. However, these banks face headwinds from fintech competition, deposit outflows to higher-yielding alternatives, credit deterioration (increasing loan defaults) during economic slowdowns, and regulatory compliance costs. Recent concerns about regional bank stability following high-profile failures and significant commercial real estate exposure present additional challenges. The 91 regional banks stocks we track reported a slower Q1. As a group, revenues were in line with analysts’ consensus estimates. In light of this news, share prices of the companies have held steady as they are up 2% on average since the latest earnings results. Operating through five distinct regional banking divisions across the western United States, Western Alliance Bancorporation (NYSE:WAL) provides commercial banking, treasury management, mortgage services, and specialized financial solutions through its banking divisions and subsidiaries. Western Alliance Bancorporation reported revenues of $977.3 million, up 25.8% year on year. This print exceeded analysts’ expectations by 2.7%. Despite the top-line beat, it was still a slower quarter for the company with a significant miss of analysts’ EPS estimates and tangible book value per share in line with analysts’ estimates. Interestingly, the stock is up 5.2% since reporting and currently trades at $81.90. Read our full report on Western Alliance Bancorporation here, it’s free. With roots dating back to 1913 and a name derived from "United Missouri Bank," UMB Financial (NASDAQ:UMBF) is a financial holding company that provides banking, asset management, and fund services to commercial, institutional, and individual customers. UMB Financial reported revenues of $744.8 million, up 29.3% year on year, outperforming analysts’ expectations by 5.4%. The business had an exceptional quarter with a beat of anal...

Western Alliance Bancorporation’s first quarter was marked by robust deposit inflows and decisive resolution of two previously disclosed fraud-related credits. Management attributed the quarter’s results to strong core business performance and the full charge-off of a $126.4 million loan to Leucadia Asset Management, along with a $26 million charge-off related to the Cantor Group Five loan. CEO Kenneth Vecchione stated, “By removing these lingering distractions, we can refocus attention on the trajectory of our underlying operating performance.” Despite these headwinds, deposit growth exceeded expectations, and net interest margin expanded modestly as funding costs declined. Is now the time to buy WAL? Find out in our full research report (it’s free). Revenue: $977.3 million vs analyst estimates of $951.7 million (25.8% year-on-year growth, 2.7% beat) Adjusted EPS: $1.25 vs analyst expectations of $1.36 (8.6% miss) Adjusted Operating Income: $189.7 million vs analyst estimates of $402 million (19.4% margin, 52.8% miss) Market Capitalization: $8.69 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Matthew Clark (Piper Sandler) asked about recovery prospects for the Cantor Group Five loan. CEO Kenneth Vecchione explained that multiple recovery strategies are being pursued, including guarantees and insurance, and that the current charge-off reflects their best estimate of future collection. Jared Shaw (Barclays Capital) questioned the impact of deposit cost optimization and ECR (earnings credit rate) beta assumptions. CFO Vishal Idnani said the company expects to lower overall deposit costs by shifting the deposit mix and maintaining a blended beta of 65%-70%. Casey Haire (Autonomous) inquired about the timing and execution of the deposit optimization plan. Idnani stated that the bank aims to reach a normalized loan-to-deposit ratio by year-end, with most deposit remixing efforts to be completed in the second quarter. David Smith (Truist Securities) sought clarification on higher operating expenses despite cost-saving initiatives. Vecchione noted that increased Juris banking fees and anticipated mortgage banking...

Fraud-related charge-offs: The bank charged off a $126.4 million LAM loan and $26 million on the Cantor loan but realized $50.5 million of pretax gains from securities sales and identified expense savings that largely offset the hit, producing an adjusted EPS of $2.22 excluding those items. Balance-sheet momentum and NII outlook: Deposits grew $5.6 billion (assets near $99 billion), net interest income was stable at $766 million with NIM up to 3.54%, and management reiterated targets of $8 billion deposit growth and $6 billion HFI loan growth while forecasting NII growth of 11–14% (trending toward the high end). Capital and asset-quality posture: Core asset quality was steady excluding fraud items, allowance for loan losses was 78 bps of funded HFI loans (ACL 87 bps), CET1 remained at the 11% target, the bank repurchased 1.6 million shares (~$120.4 million to date), and it reaffirmed guidance of core net charge-offs of 25–35 bps (ex-fraud) with expense growth of 7–11% expected for 2026. Interested in Western Alliance Bancorporation? Here are five stocks we like better. 3 Regional Bank Stocks That Crushed Q3 Earnings Western Alliance Bancorporation (NYSE:WAL) reported first-quarter 2026 results that management said reflected “strong core business performance” alongside actions taken on two previously disclosed fraud-related credits. President and CEO Kenneth Vecchione said the company generated adjusted earnings per share of $2.22 after excluding the impact of the items, adding that “these matters are now largely behind us” and the bank can refocus on underlying operating performance. Vecchione said the company fully charged off the remaining $126.4 million balance of a loan to a fund of Leucadia Asset Management (LAM) and has initiated legal action in pursuit of recoveries. The bank also executed securities sales that generated $50.5 million of pre-tax gains, which management said, along with identified expense savings and other revenue initiatives, “substantially offset the impact of this charge.” → The Trade Desk: Down 75%, But a Reversal May Be Near Banking and trucking: Is the economy rolling toward troubles? In addition, management provided an update on the Cantor Group Five loan. Vecchione said the $29.6 million specific reserve established in the third quarter has been validated by current “as-is” appraisal values and updated lien positions. Due to th...

This article first appeared on GuruFocus. Earnings Per Share (EPS): Adjusted EPS of $2.22. Loan Charge-Offs: $126.4 million charged off for Leucadia Asset Management loan; $26 million charged off for Cantor Group [Vibe] loan. Deposit Growth: $5.6 billion increase in Q1, ahead of the $8 billion target for 2026. Net Interest Margin: Increased by 3 basis points to 3.54%. Total Loans Growth: $903 million increase in Q1. Return on Average Assets: 1.07%. Return on Average Tangible Common Equity: 14.2%. Net Interest Income: $766 million, stable compared to Q4, up 18% year-over-year. Noninterest Income: Increased 18% quarter-over-quarter to $253 million. Noninterest Expense: Increased by $22 million to $574 million. Adjusted Pre-Provision Net Revenue: $394 million, up 42% year-over-year. Adjusted Net Income: $241 million. Share Repurchases: 700,000 shares repurchased at an average price in the low 70s. Tangible Book Value Per Share: Increased 13% year-over-year. Classified Assets to Total Assets: Declined 9 basis points to 1.08%. Allowance for Loan Losses: $461 million, 78 basis points of funded HFI loans. CET1 Ratio: Stable at 11%. Warning! GuruFocus has detected 3 Warning Sign with WAL. Is WAL fairly valued? Test your thesis with our free DCF calculator. Release Date: April 22, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Western Alliance Bancorp (NYSE:WAL) reported strong deposit growth of $5.6 billion in Q1, positioning the company ahead of its $8 billion deposit growth target for 2026. The company achieved a net interest margin expansion of 3 basis points to 3.54%, supported by a decline in interest-bearing deposit costs. Western Alliance Bancorp (NYSE:WAL) maintained a stable CET1 ratio of 11% while repurchasing 700,000 shares, reflecting confidence in the intrinsic value of the franchise. The company reported an adjusted return on average tangible common equity of 14.2%, demonstrating strong capital generation. Western Alliance Bancorp (NYSE:WAL) continues to benefit from a highly diversified franchise and deep integrated client relationships, enabling performance across various economic scenarios. The company faced challenges with fraud-related charge-offs, including a $126.4 million charge-off related to a loan to Leucadia Asset Management. Noninterest income, excluding securities gains, declined...

Image source: The Motley Fool. Wednesday, April 22, 2026 at 12 p.m. ET President & Chief Executive Officer — Kenneth A. Vecchione Chief Financial Officer — Vishal Idnani Chief Credit Officer — Timothy R. Bruckner Kenneth A. Vecchione: Good afternoon, everyone. I will make some brief comments about our first quarter 2026 performance before handing the call over to Vishal to discuss our financial results and drivers in more detail. After reviewing our revised 2026 outlook, Dale and Tim will join us for Q&A as usual. Western Alliance Bancorporation’s financial results in the first quarter reflect strong core business performance alongside decisive actions taken on two previously disclosed fraud-related credits. Adjusting for these actions, we generated earnings per share of $2.22, which is consistent with where we were tracking on a reported basis prior to the charge-off announced on March 6. Importantly, these matters are now largely behind us. By removing these lingering distractions, we can refocus attention on the trajectory of our underlying operating performance. I will briefly review these related charge-offs and mitigating actions before discussing our core results. As previously announced, we fully charged off the remaining $126.4 million balance of the loan to a fund of Lucadia Asset Management. We initiated legal action at the time of the announcement and are actively pursuing recovery through those proceedings. Given the nature of this process, the outcome may take time to resolve, and we will not provide further commentary while the matter is ongoing. As discussed last month, we executed security sales, which generated $50.5 million of pretax gains. These gains, together with identified expense savings and other revenue initiatives, substantially offset the impact of this charge. We are also providing an update on the Cantor Group 5 loan. We believe the $29.6 million specific reserve established in Q3 has been validated by current as-is appraisal values across all the collateral properties as well as our updated lien positions. We believe recoveries on this loan will be realized in the future from multiple sources, including springing guarantees from ultra-high-net-worth guarantors and a mortgage fraud policy. Due to the complexity and potential duration of the resolution process, we charged off $26 million of this loan during the quarter. Turning...

Regional banking company Western Alliance Bancorporation (NYSE:WAL) fell short of the market’s revenue expectations in Q1 CY2026, with sales falling 22.8% year on year to $600.2 million. Its non-GAAP profit of $1.25 per share was 8.6% below analysts’ consensus estimates. Is now the time to buy WAL? Find out in our full research report (it’s free). Revenue: $600.2 million vs analyst estimates of $951.7 million (22.8% year-on-year decline, 36.9% miss) Adjusted EPS: $1.25 vs analyst expectations of $1.36 (8.6% miss) Market Capitalization: $8.39 billion Western Alliance Bancorporation’s first quarter was marked by robust deposit inflows and decisive resolution of two previously disclosed fraud-related credits. Management attributed the quarter’s results to strong core business performance and the full charge-off of a $126.4 million loan to Leucadia Asset Management, along with a $26 million charge-off related to the Cantor Group Five loan. CEO Kenneth Vecchione stated, “By removing these lingering distractions, we can refocus attention on the trajectory of our underlying operating performance.” Despite these headwinds, deposit growth exceeded expectations, and net interest margin expanded modestly as funding costs declined. Looking ahead, Western Alliance Bancorporation’s guidance is shaped by expectations for continued deposit optimization, steady loan growth, and a focus on reducing funding costs. Management stated that deposit balances are likely to remain flat in the next quarter as the bank executes a deposit remixing strategy to lower interest expense. CEO Vecchione emphasized, “We are trying to lower deposit costs, lower interest expense, help support NIM going forward, and bring up our loan-to-deposit ratio.” The company is also targeting further improvement in asset quality and efficiency, supported by ongoing investments in technology and business expansion. Management identified decisive actions on fraud-related loans, exceptional deposit growth, and deposit cost optimization as the primary factors shaping first quarter results and future positioning. Fraud-related charge-offs completed: The company fully charged off the outstanding balance of a loan to Leucadia Asset Management and recognized a partial charge-off on the Cantor Group Five loan. These actions, supported by legal recovery efforts and insurance, are expected to minimize future credit los...

Western Alliance (WAL) came out with quarterly earnings of $2.22 per share, beating the Zacks Consensus Estimate of $1.48 per share. This compares to earnings of $1.79 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +50.44%. A quarter ago, it was expected that this bank holding company would post earnings of $2.4 per share when it actually produced earnings of $2.59, delivering a surprise of +7.92%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Western Alliance, which belongs to the Zacks Banks - West industry, posted revenues of $1.03 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 7.25%. This compares to year-ago revenues of $788.2 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Western Alliance shares have lost about 5.5% since the beginning of the year versus the S&P 500's gain of 3.9%. While Western Alliance has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Western Alliance was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Za...