Western Alliance Bancorp Q3 2021 Earnings Call Summary - Thomson StreetEvents

Western Alliance Bancorp Q3 2021 Earnings Call Summary

Western Alliance Bancorp Q3 2021 Earnings Call Summary - Thomson StreetEvents
Western Alliance Bancorp Q3 2021 Earnings Call Summary
Published Oct 22, 2021
20 pages (12112 words) — Published Oct 22, 2021
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

Edited Brief of WAL.N earnings conference call or presentation 22-Oct-21 4:00pm GMT

  
Brief Excerpt:

...A. Highlights: Results continue to demonstrate the unique benefits of WAL's national commercial business strategy to position it as one of country's premier growth commercial banks that consistently generates leading balance sheet and earnings growth with superior asset quality across economic cycles. 1. 2. Passed $50b asset milestone. 3. Validating Co.'s strategy during the qtr., raised $300m in inaugural preferred offering, achieving the lowest-ever preferred dividend rate for a US bank under $100b in assets at 4.25%. 4. In 3Q, exceptional balance sheet expansion continued with Co.'s highest-ever quarterly loan growth of $4.8b or 63% on a linked-qtr. annualized basis. 5. Deposits rose by $3.4b or 32% annualized as Co. continues to effectively deploy liquidity. 6. Loan demand continues to broaden across business lines, with C&I loans increasing by $2.2b inclusive of $240m of PPP runoff along with $2.3b of growth in residential portfolio. Notably, capital call lines drove $1.9b of growth...

  
Report Type:

Brief

Source:
Thomson StreetEvents
Company:
Western Alliance Bancorp
Ticker
WAL.N
Time
4:00pm GMT
Format:
PDF Adobe Acrobat
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Western Alliance Bancorp Q1 2022 Earnings Call Summary – 2022-04-22 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 22-Apr-22 4:00pm GMT

Western Alliance Bancorp Q1 2022 Earnings Call Transcript – 2022-04-22 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 22-Apr-22 4:00pm GMT

Western Alliance Bancorp Q4 2021 Earnings Call Summary – 2022-01-28 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 28-Jan-22 5:00pm GMT

Western Alliance Bancorp Q4 2021 Earnings Call Transcript – 2022-01-28 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 28-Jan-22 5:00pm GMT

Western Alliance Bancorp Q3 2021 Earnings Call Transcript – 2021-10-22 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 22-Oct-21 4:00pm GMT

Western Alliance Bancorp Q2 2021 Earnings Call Summary – 2021-07-16 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 16-Jul-21 4:00pm GMT

Western Alliance Bancorp Q2 2021 Earnings Call Transcript – 2021-07-16 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 16-Jul-21 4:00pm GMT

Western Alliance Bancorp Q1 2021 Earnings Call Summary – 2021-04-16 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 16-Apr-21 4:00pm GMT

Western Alliance Bancorp Q1 2021 Earnings Call Transcript – 2021-04-16 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 16-Apr-21 4:00pm GMT

Western Alliance Bancorp Acquisition of Amerihome Mortgage Company Summary – 2021-02-16 – US$ 54.00 – Edited Brief of WAL.N M&A conference call or presentation 16-Feb-21 10:30pm GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Western Alliance Bancorp Q3 2021 Earnings Call Summary" Oct 22, 2021. Alacra Store. May 22, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Western-Alliance-Bancorp-Earnings-Call-B15005904>
  
APA:
Thomson StreetEvents. (2021). Western Alliance Bancorp Q3 2021 Earnings Call Summary Oct 22, 2021. New York, NY: Alacra Store. Retrieved May 22, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2021-Western-Alliance-Bancorp-Earnings-Call-B15005904>
  
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