Earnings Summary

Western Alliance Bancorporation’s revenue fell -3.81% since last year same period to $557.5Mn in the Q2 2023. On a quarterly growth basis, Western Alliance Bancorporation has generated 24.78% jump in its revenue since last 3-months.

Western Alliance Bancorporation’s net profit fell -16.07% since last year same period to $215.7Mn in the Q2 2023. On a quarterly growth basis, Western Alliance Bancorporation has generated 51.69% jump in its net profits since last 3-months.

Western Alliance Bancorporation’s net profit margin fell -12.74% since last year same period to 38.69% in the Q2 2023. On a quarterly growth basis, Western Alliance Bancorporation has generated 21.57% jump in its net profit margins since last 3-months.

Western Alliance Bancorporation’s earning per share (EPS) estimates for the current quarter stand at 2.68 - a 2.29% jump from last quarter’s estimates.

Western Alliance Bancorporation’s earning per share (EPS) estimates for the current year stand at 2.68.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Western Alliance Bancorporation’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Western Alliance Bancorporation’s return on equity (ROE) stands at 0.17.

Western Alliance Bancorporation declared 0.36 dividend per share during the earnings announcement for Q1 2023.