Western Alliance (WAL) reported $947.9 million in revenue for the quarter ended September 2025, representing a year-over-year increase of 13.8%. EPS of $2.28 for the same period compares to $1.80 a year ago.
The reported revenue represents a surprise of +6.79% over the Zacks Consensus Estimate of $887.6 million. With the consensus EPS estimate being $2.11, the EPS surprise was +8.06%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
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:
- Efficiency Ratio: 57.4% versus the four-analyst average estimate of 58.8%.
- Net charge-offs to average loans - annualized: 0.2% versus 0.2% estimated by four analysts on average.
- Net Interest Margin: 3.5% compared to the 3.4% average estimate based on four analysts.
- Average Balance - Total interest earning assets: $85.33 billion versus $82.76 billion estimated by two analysts on average.
- Tier 1 Leverage Ratio: 8.1% compared to the 8.4% average estimate based on two analysts.
- Total non-interest income: $187.8 million compared to the $148.73 million average estimate based on four analysts.
- Net interest income: $750.4 million versus $734.18 million estimated by three analysts on average.
- Net gain on loan origination and sale activities: $75.5 million versus the two-analyst average estimate of $46.34 million.
- Service charges and fees: $35.4 million compared to the $37.83 million average estimate based on two analysts.
- Net loan servicing revenue: $19.1 million compared to the $41.27 million average estimate based on two analysts.
View all Key Company Metrics for Western Alliance here>>>
Shares of Western Alliance have returned -15.8% over the past month versus the Zacks S&P 500 composite's +1.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Western Alliance Bancorporation (WAL): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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