For the quarter ended September 2026, Western Alliance (WAL) reported revenue of $1.02 billion, up 8.1% over the same period last year. EPS came in at $2.45, compared to $2.28 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $988.95 million, representing a surprise of +3.61%. The company delivered an EPS surprise of +0.82%, with the consensus EPS estimate being $2.43.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: Net charge-offs to average loans - annualized: 0.3% compared to the 0.3% average estimate based on six analysts. Efficiency Ratio: 58.1% versus 56.5% estimated by six analysts on average. Net Interest Margin: 3.6% compared to the 3.5% average estimate based on five analysts. Average Balance - Total interest earning assets: $90.88 billion compared to the $92.19 billion average estimate based on four analysts. Tier 1 Leverage Ratio: 8.2% versus the two-analyst average estimate of 8.3%. Total Capital Ratio: 14% versus 14.1% estimated by two analysts on average. Tier 1 Capital Ratio: 11.9% versus 12% estimated by two analysts on average. Total non-interest income: $206.6 million compared to the $169.06 million average estimate based on six analysts. Net interest income: $807.6 million compared to the $811.14 million average estimate based on four analysts. Net Interest Income (FTE): $818 million versus the four-analyst average estimate of $822.05 million. Net loan servicing revenue: $23.8 million compared to the $30.98 million average estimate based on four analysts. Income from equity investments: $7.8 million versus the three-analyst average estimate of $9.4 million.View all Key Company Metrics for Western Alliance here>>>
Shares of Western Alliance have returned -5.1% over the past month versus the Zacks S&P 500 composite's +1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.Zacks' Research Chief Names "Stock Most Likely to Double"
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Western Alliance Bancorporation (WAL): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).