Non-GAAP Financial Measures Footnotes | --- | --- | --- | --- | |--------------------------------------------------------------------------------------------------------------|-----------|------------------------|------------------------------| | Efficiency Ratio (Tax Equivalent Basis), Adjusted for Deposit Costs and Notable Items: | Mar 31, | 2024 \n(dollars in | Dec 31, 2023 \nmillions) | | Total non-interest expense, excluding deposit costs | $ | 344.8 $ | 330.9 | | Less: FDIC special assessment | | 17.6 ...

The market expects Western Alliance (WAL) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended March 2024. 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 earnings report might help the stock move higher if these key numbers are better than expectations. On the other hand, if the ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission file number: 001-32550 WESTERN ALLIANCE BANCORPORATION (Exact name of registrant as specified in its charter) Delaware ...

LOS ANGELES--(BUSINESS WIRE)--Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team. Rathwick assumes the role of Vice President, Relationship Manager at Western Alliance Bank’s Costa Mesa office and Anthony takes on the role of Vice President, Relationship Manager at the organization’s Downtown Los Angeles office. “ Bret and Michael’s addition to the commercial banking team at Western Alliance Bank strengthens our ca ...

PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that Paulina Woo has joined the organization as a senior director, treasury management, in the bank’s Corporate Finance and Public and Nonprofit Finance groups. Woo brings more than 15 years of experience providing investment advisory and treasury management consulting services to institutional and government clients across the western U.S. In her new role, she will lead dedicated teams that tailor banking solutions to meet the unique needs ...

Western Alliance Bancorporation (NYSE:WAL) Q4 2023 Earnings Conference Call January 26, 2024 12:00 PM ET Company Participants Miles Pondelik - Director of Investor Relations and Corporate Development Ken Vecchione - President and Chief Executive Officer Dale Gibbons - Chief Financial Officer Tim Bruckner - Chief Banking Officer Conference Call Participants Casey Haire - Jefferies Steven Alexopoulos - J.P. Morgan Ebrahim Poonawala - Bank of America Matthew Clark - Piper Sandler Chris McGratty - KBW Bernard v ...

JANUARY 26, 2024 Any forward-looking statement made by us in this presentation is based only on information currently available to us and speaks only as of the date on which it is made. We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements, whether written or oral, that may be made from time to time, set forth in this press release to reflect new information, future events or otherwise. 4th Quarter 2023 | Financial Highlights EARNINGS ...

For the quarter ended December 2023, Western Alliance (WAL) reported revenue of $691.3 million, down 2.7% over the same period last year. EPS came in at $1.91, compared to $2.67 in the year-ago quarter.The reported revenue represents a surprise of -2.08% over the Zacks Consensus Estimate of $705.97 million. With the consensus EPS estimate being $1.93, the EPS surprise was -1.04%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...

Western Alliance (WAL) came out with quarterly earnings of $1.91 per share, missing the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $2.67 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -1.04%. A quarter ago, it was expected that this bank holding company would post earnings of $1.91 per share when it actually produced earnings of $1.97, delivering a surprise of 3.14%.Over the last four quarters, ...

The upcoming report from Western Alliance (WAL) is expected to reveal quarterly earnings of $1.93 per share, indicating a decline of 27.7% compared to the year-ago period. Analysts forecast revenues of $705.97 million, representing a decrease of 0.6% year over year.Over the last 30 days, there has been a downward revision of 0.9% 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 co ...