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Western Alliance (WAL)
NYSE:WAL
Earnings Data
Report Date
Apr 21, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.78Last Year’s EPS
1.6Same Quarter Last Year
Strong Buy
Based on 10 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 21, 2025
|% Change Since: 9.12%
|Next Earnings Date:Jul 17, 2025
Earnings Call Sentiment|Positive
Western Alliance Bancorporation reported strong growth in pre-provision net revenue and maintained a solid capital and liquidity position. However, challenges such as a slight decline in net interest margin, an increase in classified assets, and flat noninterest income were noted. Overall, the positives of revenue growth and strong balance sheet management outweigh the negatives.Company Guidance
During Western Alliance Bancorporation's First Quarter 2025 Earnings Call, the company provided detailed financial guidance for the year. The company expects loan growth to reach $5 billion and deposit growth to reach $8 billion for the full year, supported by strong client engagement and active pipelines. Net interest income is projected to increase by 6% to 8%, driven by sustained loan growth and an expanding net interest margin that is expected to approximate 2024's level. Noninterest income is also anticipated to grow in line with net interest income, reflecting deepening client relationships and enhanced commercial banking fees. The company forecasts noninterest expenses to range between 0% growth and a 5% decline, aided by declining ECR costs resulting from two projected 25 basis point rate cuts before the year's end. Asset quality is anticipated to remain stable, with full-year net charge-offs around 20 basis points, and the effective tax rate for 2025 is expected to be approximately 20%.Record Pre-Provision Net Revenue Growth
Western Alliance's pre-provision net revenue reached $278 million, a $31 million or 12% year-over-year increase, driven by a 9% increase in net interest income.
Strong Capital and Liquidity Position
The company maintained a CET1 ratio of 11.1%, with total equity increasing by $508 million. The issuance of REIT preferred equity contributed $293 million, enhancing capital strength.
Loan and Deposit Growth
The balance sheet expanded by $2.1 billion, with HFI loan and deposit growth of $1.1 billion and $3 billion respectively. The company projects $5 billion in loan growth and $8 billion in deposit growth for the full year.
Positive Outlook for Net Interest Income
Net interest income is expected to increase 6% to 8% for 2025, supported by sustained loan growth and expanding net interest margin.
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WAL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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WAL Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Apr 21, 2025 | $64.88 | $65.34 | +0.71% |
| Jan 27, 2025 | $93.59 | $88.78 | -5.14% |
| Oct 17, 2024 | $93.12 | $84.80 | -8.93% |
| Jul 18, 2024 | $70.14 | $75.70 | +7.93% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Western Alliance (WAL) report earnings?
Western Alliance (WAL) is schdueled to report earning on Apr 21, 2025, TBA Not Confirmed.
What is Western Alliance (WAL) earnings time?
Western Alliance (WAL) earnings time is at Apr 21, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WAL EPS forecast?
WAL EPS forecast for the fiscal quarter 2025 (Q1) is 1.78.
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