Western Alliance Bancorp Q3 2022 Earnings Call Summary - Thomson StreetEvents

Western Alliance Bancorp Q3 2022 Earnings Call Summary

Western Alliance Bancorp Q3 2022 Earnings Call Summary - Thomson StreetEvents
Western Alliance Bancorp Q3 2022 Earnings Call Summary
Published Oct 21, 2022
21 pages (12462 words) — Published Oct 21, 2022
Price US$ 54.00  |  Buy this Report Now

About This Report

  
Abstract:

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

  
Brief Excerpt:

...A. Highlights: Continued strong financial performance, as Co.'s diversified, national commercial bank again delivered record net interest income (NII), PPNR and earnings, complemented by strong deposit and loan growth, supporting higher net interest margin (NIM) with stable asset quality. 1. 2. Record results: Total net revenues $664m. a. b. Net income $264m. c. EPS $2.42. 3. Earnings were propelled by accelerating NII growth of $77m or 15% QoverQ to $602m, as rising rate environment expanded NIM 24 BP to 3.78%. 4. Maintained industry-leading performance with return on avg. assets and return on avg. tangible common equity of 1.53% and 24.9%, respectively, which will continue to support building capital levels in the quarters to come. 5. Sound balance sheet expansion continued with loan growth of $3.6b or 7.5% QoverQ, and deposits rose by $1.9b or 3.5%, mostly from non-interest bearing DDA accounts. Loan demand remained healthy with: a. 27% of growth coming from regional banking divisions....

  
Report Type:

Brief

Source:
Company:
Western Alliance Bancorp
Ticker
WAL.N
Time
4:00pm GMT
Format:
PDF Adobe Acrobat
Buy Now

Western Alliance Bancorp Q1 2023 Earnings Call Transcript – 2023-04-19 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 19-Apr-23 4:00pm GMT

Western Alliance Bancorp Q4 2022 Earnings Call Summary – 2023-01-25 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 25-Jan-23 5:00pm GMT

Western Alliance Bancorp Q4 2022 Earnings Call Transcript – 2023-01-25 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 25-Jan-23 5:00pm GMT

Western Alliance Bancorp at BancAnalysts Association of Boston Conference Transcript – 2022-11-03 – US$ 54.00 – Edited Transcript of WAL.N presentation 3-Nov-22 7:50pm GMT

Western Alliance Bancorp Q3 2022 Earnings Call Transcript – 2022-10-21 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 21-Oct-22 4:00pm GMT

Western Alliance Bancorp Q2 2022 Earnings Call Summary – 2022-07-22 – US$ 54.00 – Edited Brief of WAL.N earnings conference call or presentation 22-Jul-22 4:00pm GMT

Western Alliance Bancorp Q2 2022 Earnings Call Transcript – 2022-07-22 – US$ 54.00 – Edited Transcript of WAL.N earnings conference call or presentation 22-Jul-22 4:00pm GMT

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

More from Thomson StreetEvents

Thomson StreetEvents—Thomson StreetEvents is a leading provider of Web-based solutions for the investment community, offering services that transform the way companies communicate and meet disclosure requirements while assisting investors in managing and leveraging this information. Thomson StreetEvents service offers institutional investors a one-stop solution for managing corporate disclosure information by aggregating conference calls, webcasts, transcripts, call summaries, and other financial information into a time-saving, efficiency tool.
Purchase Thomson StreetEvents' Transcripts (verbatim reports) and Briefs (call summaries) of earnings, guidance, M&A and other corporate calls directly through Alacra. Discounted prices apply to reports produced over two weeks ago.

About the Author


Cite this Report

  
MLA:
Thomson StreetEvents. "Western Alliance Bancorp Q3 2022 Earnings Call Summary" Oct 21, 2022. Alacra Store. May 21, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2022-Western-Alliance-Bancorp-Earnings-Call-B15356209>
  
APA:
Thomson StreetEvents. (2022). Western Alliance Bancorp Q3 2022 Earnings Call Summary Oct 21, 2022. New York, NY: Alacra Store. Retrieved May 21, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q3-2022-Western-Alliance-Bancorp-Earnings-Call-B15356209>
  
US$ 54.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.