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Here's What Key Metrics Tell Us About Western Alliance (WAL) Q4 Earnings
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Western Alliance (WAL - Free Report) reported $848.4 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 22.7%. EPS of $1.95 for the same period compares to $1.91 a year ago.
The reported revenue represents a surprise of +3.82% over the Zacks Consensus Estimate of $817.22 million. With the consensus EPS estimate being $1.92, the EPS surprise was +1.56%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: 51.1% versus 59.2% estimated by four analysts on average.
Net Interest Margin: 3.5% versus the four-analyst average estimate of 3.3%.
Net charge-offs to average loans - annualized: 0.3% versus the four-analyst average estimate of 0.2%.
Average Balance - Total interest earning assets: $77.31 billion versus $76.07 billion estimated by three analysts on average.
Total non-interest income: $171.90 million versus $129.96 million estimated by four analysts on average.
Service charges and fees: $31.70 million compared to the $31.32 million average estimate based on three analysts.
Net interest income: $666.50 million versus the three-analyst average estimate of $673.83 million.
Net gain on loan origination and sale activities: $67.90 million compared to the $46.99 million average estimate based on three analysts.
Other non-interest income: $14.80 million compared to the $19.77 million average estimate based on two analysts.
Income from equity investments: $11.10 million versus the two-analyst average estimate of $6.55 million.
Net loan servicing revenue: $24.70 million versus the two-analyst average estimate of $27 million.
Shares of Western Alliance have returned +10.1% over the past month versus the Zacks S&P 500 composite's +1.1% 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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Here's What Key Metrics Tell Us About Western Alliance (WAL) Q4 Earnings
Western Alliance (WAL - Free Report) reported $848.4 million in revenue for the quarter ended December 2024, representing a year-over-year increase of 22.7%. EPS of $1.95 for the same period compares to $1.91 a year ago.
The reported revenue represents a surprise of +3.82% over the Zacks Consensus Estimate of $817.22 million. With the consensus EPS estimate being $1.92, the EPS surprise was +1.56%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
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: 51.1% versus 59.2% estimated by four analysts on average.
- Net Interest Margin: 3.5% versus the four-analyst average estimate of 3.3%.
- Net charge-offs to average loans - annualized: 0.3% versus the four-analyst average estimate of 0.2%.
- Average Balance - Total interest earning assets: $77.31 billion versus $76.07 billion estimated by three analysts on average.
- Total non-interest income: $171.90 million versus $129.96 million estimated by four analysts on average.
- Service charges and fees: $31.70 million compared to the $31.32 million average estimate based on three analysts.
- Net interest income: $666.50 million versus the three-analyst average estimate of $673.83 million.
- Net gain on loan origination and sale activities: $67.90 million compared to the $46.99 million average estimate based on three analysts.
- Other non-interest income: $14.80 million compared to the $19.77 million average estimate based on two analysts.
- Income from equity investments: $11.10 million versus the two-analyst average estimate of $6.55 million.
- Net loan servicing revenue: $24.70 million versus the two-analyst average estimate of $27 million.
View all Key Company Metrics for Western Alliance here>>>Shares of Western Alliance have returned +10.1% over the past month versus the Zacks S&P 500 composite's +1.1% 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.