NYSE$WAL
Western Alliance Bancorporation · Q4 2023 earnings
Q4 2023 earnings · · Investor relations
Briefing
Reported net income of $147.9 million and EPS of $1.33.
Western Alliance Bancorporation reported a decrease in net income to $147.9 million and earnings per share to $1.33 for Q4 2023. The company's diversified commercial business strategy drove loan and deposit momentum, contributing to net interest income growth and stable asset quality.
- Earnings per share were $1.91, excluding $0.58 of notable items.
- CET1 capital reached 10.8% at year-end.
- Tangible book value per share rose 16% year-over-year to $46.72.
- The company repaid $1.5 billion of debt and borrowings, including the entire loan from the Bank Term Funding Program.
Headline financials
Revenue & EPS history
Western Alliance · Revenue · Quarterly
$682M
Forward guidance
The company anticipates leading profitability in 2024, supported by sturdy capital and liquidity levels, solid loan and deposit momentum, continued net interest income growth, and sustained stable 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 2023
+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
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro