We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
What Analyst Projections for Key Metrics Reveal About Western Alliance (WAL) Q4 Earnings
Read MoreHide Full Article
Wall Street analysts forecast that Western Alliance (WAL - Free Report) will report quarterly earnings of $2.40 per share in its upcoming release, pointing to a year-over-year increase of 23.1%. It is anticipated that revenues will amount to $927.5 million, exhibiting an increase of 9.3% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Western Alliance metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net Interest Margin' stands at 3.4%. Compared to the current estimate, the company reported 3.5% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Efficiency Ratio' should arrive at 54.9%. The estimate is in contrast to the year-ago figure of 51.1%.
Analysts' assessment points toward 'Tier 1 Leverage Ratio' reaching 8.4%. The estimate is in contrast to the year-ago figure of 8.1%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $85.84 billion. The estimate compares to the year-ago value of $77.31 billion.
The combined assessment of analysts suggests that 'Total non-interest income' will likely reach $169.03 million. The estimate is in contrast to the year-ago figure of $171.90 million.
Analysts expect 'Net interest income' to come in at $759.35 million. The estimate is in contrast to the year-ago figure of $666.50 million.
Analysts forecast 'Net gain on loan origination and sale activities' to reach $70.66 million. The estimate is in contrast to the year-ago figure of $67.90 million.
The consensus among analysts is that 'Service charges and fees' will reach $36.64 million. The estimate is in contrast to the year-ago figure of $31.70 million.
According to the collective judgment of analysts, 'Net loan servicing revenue' should come in at $18.63 million. The estimate compares to the year-ago value of $24.70 million.
Shares of Western Alliance have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #3 (Hold), WAL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
What Analyst Projections for Key Metrics Reveal About Western Alliance (WAL) Q4 Earnings
Wall Street analysts forecast that Western Alliance (WAL - Free Report) will report quarterly earnings of $2.40 per share in its upcoming release, pointing to a year-over-year increase of 23.1%. It is anticipated that revenues will amount to $927.5 million, exhibiting an increase of 9.3% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has been revised 1% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
That said, let's delve into the average estimates of some Western Alliance metrics that Wall Street analysts commonly model and monitor.
The consensus estimate for 'Net Interest Margin' stands at 3.4%. Compared to the current estimate, the company reported 3.5% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Efficiency Ratio' should arrive at 54.9%. The estimate is in contrast to the year-ago figure of 51.1%.
Analysts' assessment points toward 'Tier 1 Leverage Ratio' reaching 8.4%. The estimate is in contrast to the year-ago figure of 8.1%.
The collective assessment of analysts points to an estimated 'Average Balance - Total interest earning assets' of $85.84 billion. The estimate compares to the year-ago value of $77.31 billion.
The combined assessment of analysts suggests that 'Total non-interest income' will likely reach $169.03 million. The estimate is in contrast to the year-ago figure of $171.90 million.
Analysts expect 'Net interest income' to come in at $759.35 million. The estimate is in contrast to the year-ago figure of $666.50 million.
Analysts forecast 'Net gain on loan origination and sale activities' to reach $70.66 million. The estimate is in contrast to the year-ago figure of $67.90 million.
The consensus among analysts is that 'Service charges and fees' will reach $36.64 million. The estimate is in contrast to the year-ago figure of $31.70 million.
According to the collective judgment of analysts, 'Net loan servicing revenue' should come in at $18.63 million. The estimate compares to the year-ago value of $24.70 million.
View all Key Company Metrics for Western Alliance here>>>Shares of Western Alliance have demonstrated returns of -1% over the past month compared to the Zacks S&P 500 composite's -0.4% change. With a Zacks Rank #3 (Hold), WAL is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .