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 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: 63.5% versus the three-analyst average estimate of 60.3%.
- Net Interest Margin: 3.5% versus the three-analyst average estimate of 3.2%.
- Average Balance - Total interest earning assets: $77.18 billion versus the two-analyst average estimate of $77.62 billion.
- Net charge-offs to average loans - annualized: 0.2% versus 0.3% estimated by two analysts on average.
- Total non-interest income: $127.40 million versus the three-analyst average estimate of $134.90 million.
- Net interest income: $650.60 million versus $660.53 million estimated by two analysts on average.
- Service charges and fees: $37.20 million versus the two-analyst average estimate of $31.20 million.
- Net gain on loan origination and sale activities: $49.50 million compared to the $51.51 million average estimate based on two analysts.
View all Key Company Metrics for Western Alliance here>>>
Shares of Western Alliance have returned -14.4% over the past month versus the Zacks S&P 500 composite's -5.6% 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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