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Western Alliance (WAL) reported $1.01 billion in revenue for the quarter ended June 2026, representing a year-over-year increase of 17.5%. EPS of $2.22 for the same period compares to $2.07 a year ago.
The reported revenue represents a surprise of +3.28% over the Zacks Consensus Estimate of $973.85 million. With the consensus EPS estimate being $2.33, the EPS surprise was -4.72%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Western Alliance performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:- Efficiency Ratio: 58% versus the three-analyst average estimate of 55.3%.
- Net Interest Margin: 3.5% versus 3.3% estimated by three analysts on average.
- Average Balance - Total interest earning assets: $91.66 billion versus $91.25 billion estimated by two analysts on average.
- Net charge-offs to average loans - annualized: 0.4% versus 0.4% estimated by two analysts on average.
- Total non-interest income: $198.8 million versus the three-analyst average estimate of $182.88 million.
- Service charges and fees: $63.1 million compared to the $65.54 million average estimate based on two analysts.
- Net gain on loan origination and sale activities: $53.4 million versus $68.1 million estimated by two analysts on average.
View all Key Company Metrics for Western Alliance here>>>
Shares of Western Alliance have returned +2.8% over the past month versus the Zacks S&P 500 composite's -0.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.This article originally published on Zacks Investment Research (zacks.com).
