Western Alliance (WAL) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Core Insights - Western Alliance (WAL) reported revenue of $856.1 million for Q2 2025, a year-over-year increase of 9.5% and exceeding the Zacks Consensus Estimate of $848.1 million by 0.94% [1] - The company's EPS for the same period was $2.07, up from $1.75 a year ago, also surpassing the consensus estimate of $2.04 by 1.47% [1] Financial Performance Metrics - Efficiency Ratio stood at 60.1%, higher than the average estimate of 58.5% from four analysts [4] - Net Interest Margin was reported at 3.5%, slightly above the average estimate of 3.4% [4] - Net charge-offs to average loans were annualized at 0.2%, matching the average estimate from four analysts [4] - Average Balance of Total Interest Earning Assets was $80.53 billion, exceeding the estimated $79.16 billion [4] - Total Non-Interest Income reached $148.3 million, above the average estimate of $138.63 million [4] - Service Charges and Fees were reported at $36.9 million, below the average estimate of $39 million [4] - Net Interest Income was $697.6 million, surpassing the average estimate of $689.28 million [4] - Net Gain on Loan Origination and Sale Activities was $39.4 million, below the average estimate of $59.48 million [4] - Other Non-Interest Income was $8.3 million, below the average estimate of $15.06 million [4] - Net Interest Income (FTE) was $707.8 million, slightly above the average estimate of $703.17 million [4] - Net Loan Servicing Revenue was reported at $38.3 million, exceeding the average estimate of $24.72 million [4] Stock Performance - Shares of Western Alliance have returned +13.8% over the past month, outperforming the Zacks S&P 500 composite's +4.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]