NYSE$WAL
Western Alliance Bancorporation · Q3 2024 earnings
Q3 2024 earnings · · Investor relations
Briefing
Delivered solid third quarter results with strong net interest income growth, loan and deposit momentum, and healthy earnings generation.
Western Alliance Bancorporation reported a solid third quarter with a net income of $199.8 million and earnings per share of $1.80. The company saw strong net interest income growth, continued loan and deposit momentum, and healthy earnings generation. Loan and deposit growth were $916 million and $1.8 billion, respectively. Asset quality remained stable.
- Net income of $199.8 million and earnings per share of $1.80.
- Quarterly loan and deposit growth of $916 million and $1.8 billion, respectively.
- Asset quality remained stable with nonperforming assets to total assets ratio declining to 0.45% and net loan charge-offs of 0.20% of average loans.
- Tangible book value per share climbed 19.1% year-over-year to $51.98 with a CET1 ratio of 11.2%.
Headline financials
Revenue & EPS history
Western Alliance · Revenue · Quarterly
$823M
Forward guidance
The release does not contain any forward guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2024
+1.0%
Avg return
Earnings day
+2.1%
Avg return
5 days after
+4.4%
Avg return
30 days after
58%
38 / 65 earnings
Positive
+22.9%
Q1 2023
Best reaction
-13.2%
Q4 2021
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -2.0% | +2.7% | +0.2% | |
| Q4 2025 | +1.3% | +4.0% | +0.9% | |
| Q3 2025 | +3.1% | +4.0% | +3.8% | |
| Q2 2025 | -1.7% | -1.7% | +5.4% | |
| Q1 2025 | +0.7% | +7.4% | +11.3% | |
| Q4 2024 | -5.1% | -6.5% | -8.3% | |
| Q3 2024 | -6.7% | -10.2% | -1.4% | |
| Q2 2024 | +4.6% | +6.4% | +7.2% | |
| Q1 2024 | +3.5% | +7.8% | +17.1% | |
| Q4 2023 | +1.4% | +3.0% | -11.5% | |
| Q3 2023 | -9.9% | -12.2% | +5.2% | |
| Q2 2023 | +16.5% | +21.4% | +19.9% | |
| Q1 2023 | +22.9% | +23.7% | +7.2% | |
| Q4 2022 | +4.1% | +9.7% | +8.4% | |
| Q3 2022 | +1.1% | +7.4% | +10.9% | |
| Q2 2022 | -5.8% | -7.4% | +5.3% | |
| Q1 2022 | -0.9% | -3.0% | -5.5% | |
| Q4 2021 | -13.2% | -9.3% | -14.1% | |
| Q3 2021 | +2.5% | -0.4% | -3.9% | |
| Q2 2021 | -1.9% | -1.8% | +3.8% | |
| Q1 2021 | +6.6% | +3.1% | +11.1% | |
| Q4 2020 | -0.2% | -2.5% | +23.5% | |
| Q3 2020 | +8.7% | +1.5% | +37.7% | |
| Q2 2020 | -2.1% | +1.9% | +3.9% | |
| Q1 2020 | +4.5% | +4.1% | -1.3% | |
| Q4 2019 | +0.4% | -0.5% | -2.3% | |
| Q3 2019 | +5.0% | +6.6% | +12.7% | |
| Q2 2019 | +5.5% | +8.0% | -1.5% | |
| Q1 2019 | +6.1% | +7.9% | -0.2% | |
| Q4 2018 | +2.6% | +2.5% | +5.3% | |
| Q3 2018 | -9.4% | -11.3% | -13.2% | |
| Q2 2018 | +0.0% | -0.1% | -1.0% | |
| Q1 2018 | +4.6% | +5.0% | +8.5% | |
| Q4 2017 | -0.6% | -2.1% | -0.2% | |
| Q3 2017 | +7.0% | +6.9% | +4.7% | |
| Q2 2017 | +1.5% | +5.3% | -3.7% | |
| Q1 2017 | +0.3% | +5.7% | -1.9% | |
| Q4 2016 | +2.4% | +0.1% | +4.6% | |
| Q3 2016 | -1.4% | -1.3% | +21.0% | |
| Q2 2016 | +0.7% | -0.1% | +4.9% | |
| Q1 2016 | -0.6% | — | — | |
| Q4 2015 | +1.9% | — | — | |
| Q3 2015 | +7.0% | — | — | |
| Q2 2015 | -1.1% | — | — | |
| Q1 2015 | +4.1% | — | — | |
| Q4 2014 | +6.0% | — | — | |
| Q3 2014 | +6.3% | — | — | |
| Q2 2014 | -1.0% | — | — | |
| Q1 2014 | +0.6% | — | — | |
| Q4 2013 | -5.9% | — | — | |
| Q3 2013 | +0.8% | — | — | |
| Q2 2013 | +7.0% | — | — | |
| Q1 2013 | +5.5% | — | — | |
| Q4 2012 | +7.7% | — | — | |
| Q3 2012 | +1.2% | — | — | |
| Q2 2012 | -4.1% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q1 2012 | +2.2% | — | — | |
| Q4 2011 | -1.9% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q3 2011 | -4.4% | — | — | |
| Q2 2011 | -11.7% | — | — | |
| Q3 2010 | -5.3% | — | — | |
| Q2 2010 | -3.6% | — | — | |
| Q1 2010 | +2.7% | — | — |
Discussion
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