- Revenue $1.01B vs est $991M
- EPS $2.45 vs est $2.45
Western Alliance reported Q3 revenue of $1.01B, above the $991M estimate, and EPS of $2.45 in line with consensus. PPNR of $419.1M beat the $401M estimate. Net interest margin rose to 3.57%. Nonaccrual loans declined. Pre-tax income and book value per share missed estimates.
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