NYSE$WAL
Western Alliance Bancorporation · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
Reported record revenues, earnings, and tangible book value, driven by a diversified national commercial business strategy.
Western Alliance Bancorporation reported strong Q4 2022 financial results, with record net income of $293.0 million and earnings per share of $2.67. The company's performance was driven by its diversified, national commercial business strategy.
- Net income reached a record $293.0 million, with earnings per share at $2.67, a 15.1% increase year-over-year.
- Tangible book value per share increased 6.4% year-over-year to $40.25.
- Quarterly deposits declined by $1.9 billion, primarily due to seasonal tax and insurance escrow deposit outflows, which have since reversed.
- Net interest margin was 3.98%, compared to 3.78% in the previous quarter.
Headline financials
Revenue & EPS history
Western Alliance · Revenue · Quarterly
$701M
Forward guidance
Management expects the company to sustain its earnings trajectory into 2023 while continuing its focus on asset quality.
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 Q4 2022
+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% | — | — |
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