Financial Data and Key Metrics Changes - Western Alliance Bancorporation reported a pre-provision net revenue of $278 million, reflecting a year-over-year increase of $31 million or 12% [10] - Net interest income grew by $52 million year-over-year, representing a 9% increase, totaling $651 million [13][20] - The net interest margin remained stable at 3.47%, with a slight decline of 1 basis point from the previous quarter [11][20] - Total equity increased by $508 million, including $293 million from the issuance of REIT preferred equity [24] Business Line Data and Key Metrics Changes - Noninterest income remained stable year-over-year at $127 million, with mortgage loan production volume increasing by 25% annually [15] - Commercial and Industrial (C&I) loans drove most of the growth, now accounting for 44% of the held-for-investment loan portfolio, up from 39% a year ago [25] - Residential loans decreased by $63 million, now making up 26% of the portfolio compared to 29% previously [25] Market Data and Key Metrics Changes - The balance sheet expanded by $2.1 billion from year-end to $83 billion in total assets, driven by held-for-investment loan and deposit growth of $1.1 billion and $3 billion, respectively [23] - Deposits grew by $3 billion in Q1, primarily in noninterest-bearing accounts [27] Company Strategy and Development Direction - The company aims for $5 billion in loan growth and $8 billion in deposit growth for the full year, with healthy client engagement [41] - The focus remains on maintaining a strong capital position with a CET1 ratio above 11% [42] - The company emphasizes its diversified business model to navigate economic cycles effectively [8][90] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in asset quality stability, with full-year net charge-offs expected to hover around 20 basis points [44] - The company anticipates two rate cuts before the end of 2025, which will impact net interest income and margin positively [43][75] - Management is mindful of recent rate volatility affecting consumer behavior but expects noninterest income to follow the trajectory of net interest income [53] Other Important Information - The company has significantly increased its capital and liquidity over the past two years to prepare for potential market fluctuations [9] - The Corporate Trust business saw deposits grow by $270 million, now exceeding $800 million in total deposits [150] Q&A Session Summary Question: Concerns about the adequacy of the allowance for credit losses (ACL) - Management reassured that the reserve is adequate and based on a rigorous methodology, with no expected charge to increase reserves [49][50] Question: Guidance for 2025 and fee income expectations - Management expects fee income to rise in the second half of the year, supported by seasonal increases in mortgage income [52] Question: Insights on C&I growth dynamics - Management noted strong momentum in loan pipelines, expecting Q2 loan growth to surpass Q1 [56] Question: Capital raise structure and future capital moves - The capital raise aimed to enhance the Tier 1 leverage ratio, with management satisfied with the current levels [58][59] Question: Increase in service charges and deposit insurance costs - Management attributed the increase in service charges to improved treasury management services and outreach to clients [67] Question: Outlook on net interest income and margin trajectory - Management anticipates sequential growth in net interest income, with gradual increases in net interest margin throughout the year [74][75] Question: Loan yield dynamics and pricing pressures - Management acknowledged pricing pressures in the market but expects loan yields to increase in Q2 despite anticipated rate cuts [112][113] Question: Corporate Trust business traction post-rating upgrades - Management highlighted the positive impact of recent rating upgrades on confidence and growth in the Corporate Trust business [148][151]

Forward-Looking Statements This presentation contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. Examples of forward-looking statements include, among others, statements we make regarding our expectations with regard to our business, financial and operating results, future economic performance and dividends, including our statements on the sli ...

Group 1 - Western Alliance (NYSE: WAL) shares have experienced a challenging 2025, declining approximately 35% from their peak, although they remain higher than a year ago [1] - The company reported mixed earnings results after the market closed on Monday, leading to shares trading slightly [1]

For the quarter ended March 2025, Western Alliance (WAL) reported revenue of $788.2 million, up 6.7% over the same period last year. EPS came in at $1.79, compared to $1.72 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $794.4 million, representing a surprise of -0.78%. The company delivered an EPS surprise of +0.56%, with the consensus EPS estimate being $1.78.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Core Insights - Western Alliance (WAL) reported quarterly earnings of $1.79 per share, exceeding the Zacks Consensus Estimate of $1.78 per share, and up from $1.72 per share a year ago, representing an earnings surprise of 0.56% [1] - The company posted revenues of $788.2 million for the quarter ended March 2025, which missed the Zacks Consensus Estimate by 0.78%, but increased from $738.4 million year-over-year [2] - The stock has underperformed, losing about 20.6% since the beginning of the year compared to the S&P 500's decline of 10.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $2 on revenues of $838.84 million, and for the current fiscal year, it is $8.67 on revenues of $3.41 billion [7] - The estimate revisions trend for Western Alliance is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Zacks Industry Rank for Banks - West is in the top 36% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - First Northwest Bancorp (FNWB), another company in the same industry, is expected to report quarterly earnings of $0.12 per share, reflecting a year-over-year change of +200% [9]

Western Alliance Bancorporation One East Washington Street Phoenix, AZ 85004 www.westernalliancebancorporation.com PHOENIX--(BUSINESS WIRE)--April 21, 2025 FIRST QUARTER 2025 FINANCIAL RESULTS | Quarter Highlights: | | | | | | | --- | --- | --- | --- | --- | --- | | Net income | Earnings per share | 1 PPNR | Net interest margin | Efficiency ratio | Book value per common share | | $199.1 million | $1.79 | $277.6 million | 3.47% | 63.5% 1 | $60.03 1 | | | | | | 55.8% , adjusted for deposit costs | $54.10 , ex ...

PITTSBURGH, April 16, 2025 (GLOBE NEWSWIRE) -- Western Alliance Bank (“Western Alliance”) recently announced a cybersecurity incident, which impacted the personal information of thousands of individuals. The information potentially impacted in the data breach includes individuals’ names and Social Security Numbers, and may have also included dates of birth, financial account numbers, driver’s license numbers, tax identifications numbers, and passport information. Lynch Carpenter, LLP is investigating claims ...

Core Insights - Albert Anthony is a Croatian-American media personality who has gained over 1,000 followers on investor platforms since 2023, focusing on markets and stocks [1] - He is set to launch a new book titled "Financial Markets: Growing A Dividend Income Portfolio" in 2025, which aligns with his ongoing article series on the same topic [1] - Albert Anthony has a background in management and information systems, having worked in the IT department of a top-10 financial firm [1] Company Overview - Albert Anthony & Co. is a sole proprietorship registered in Austin, Texas, and is wholly owned by Albert Anthony [1] - The company does not provide personalized financial advisory services but offers general market commentary based on publicly available data [1] Investment Focus - Albert Anthony has launched the Future Investor Fund, which aims to build a dividend portfolio [1] - The company emphasizes the importance of due diligence for investors, indicating that all investments carry risk [1]

Core Viewpoint - The market anticipates Western Alliance (WAL) to report a year-over-year increase in earnings driven by higher revenues for the quarter ended March 2025, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - The consensus estimate for quarterly earnings is $1.78 per share, reflecting a year-over-year increase of +3.5%, while revenues are expected to reach $794.4 million, up 7.6% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 3.06%, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for Western Alliance is higher than the consensus estimate, resulting in a positive Earnings ESP of +0.30% [10][11]. Historical Performance - In the last reported quarter, Western Alliance exceeded the expected earnings of $1.92 per share by delivering $1.95, achieving a surprise of +1.56%. The company has beaten consensus EPS estimates three times over the last four quarters [12][13]. Investment Considerations - Despite a positive Earnings ESP, Western Alliance carries a Zacks Rank of 4, complicating predictions of an earnings beat. Investors should consider additional factors beyond earnings results when evaluating the stock [11][16].

Western Alliance (WAL) shares soared 12.4% in the last trading session to close at $68.54. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 17.2% loss over the past four weeks.Western Alliance stock rallied, driven by a massive jump in the broad markets. The jump was attributable to President Donald Trump’s announcement of a 90-day tariff pause for the non-retaliating nations. This cheered the investors, driving the WAL stock high ...