Western Alliance Bancorporation Earnings Calls
| Release date | Apr 21, 2026 |
| EPS estimate | $1.62 |
| EPS actual | $1.68 |
| EPS Surprise | 3.70% |
| Revenue estimate | 958.12M |
| Revenue actual | 998.7M |
| Revenue Surprise | 4.24% |
| Release date | Jan 27, 2026 |
| EPS estimate | $2.40 |
| EPS actual | $2.59 |
| EPS Surprise | 7.92% |
| Revenue estimate | 913.351M |
| Revenue actual | 980.9M |
| Revenue Surprise | 7.40% |
| Release date | Oct 21, 2025 |
| EPS estimate | $2.08 |
| EPS actual | $2.28 |
| EPS Surprise | 9.62% |
| Revenue estimate | 888.216M |
| Revenue actual | 923.2M |
| Revenue Surprise | 3.94% |
| Release date | Jul 17, 2025 |
| EPS estimate | $2.02 |
| EPS actual | $2.07 |
| EPS Surprise | 2.48% |
| Revenue estimate | 838.02M |
| Revenue actual | 845.9M |
| Revenue Surprise | 0.94% |
Last 4 Quarters for Western Alliance Bancorporation
Below you can see how WAL performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 17, 2025 |
| Price on release | $84.61 |
| EPS estimate | $2.02 |
| EPS actual | $2.07 |
| EPS surprise | 2.48% |
| Date | Price |
|---|---|
| Jul 11, 2025 | $84.49 |
| Jul 14, 2025 | $85.24 |
| Jul 15, 2025 | $80.99 |
| Jul 16, 2025 | $82.36 |
| Jul 17, 2025 | $84.61 |
| Jul 18, 2025 | $81.24 |
| Jul 21, 2025 | $80.01 |
| Jul 22, 2025 | $82.05 |
| Jul 23, 2025 | $83.54 |
| 4 days before | 0.142% |
| 4 days after | -1.26% |
| On release day | -3.98% |
| Change in period | -1.12% |
| Release date | Oct 21, 2025 |
| Price on release | $76.25 |
| EPS estimate | $2.08 |
| EPS actual | $2.28 |
| EPS surprise | 9.62% |
| Date | Price |
|---|---|
| Oct 15, 2025 | $78.84 |
| Oct 16, 2025 | $70.32 |
| Oct 17, 2025 | $72.48 |
| Oct 20, 2025 | $75.40 |
| Oct 21, 2025 | $76.25 |
| Oct 22, 2025 | $78.72 |
| Oct 23, 2025 | $77.09 |
| Oct 24, 2025 | $79.30 |
| Oct 27, 2025 | $79.32 |
| 4 days before | -3.29% |
| 4 days after | 4.03% |
| On release day | 3.24% |
| Change in period | 0.609% |
| Release date | Jan 27, 2026 |
| Price on release | $89.45 |
| EPS estimate | $2.40 |
| EPS actual | $2.59 |
| EPS surprise | 7.92% |
| Date | Price |
|---|---|
| Jan 21, 2026 | $90.73 |
| Jan 22, 2026 | $90.88 |
| Jan 23, 2026 | $87.00 |
| Jan 26, 2026 | $88.34 |
| Jan 27, 2026 | $89.45 |
| Jan 28, 2026 | $88.68 |
| Jan 29, 2026 | $90.21 |
| Jan 30, 2026 | $89.15 |
| Feb 02, 2026 | $89.65 |
| 4 days before | -1.41% |
| 4 days after | 0.224% |
| On release day | -0.86% |
| Change in period | -1.19% |
| Release date | Apr 21, 2026 |
| Price on release | $77.83 |
| EPS estimate | $1.62 |
| EPS actual | $1.68 |
| EPS surprise | 3.70% |
| Date | Price |
|---|---|
| Apr 15, 2026 | $78.51 |
| Apr 16, 2026 | $77.26 |
| Apr 17, 2026 | $79.39 |
| Apr 20, 2026 | $79.50 |
| Apr 21, 2026 | $77.83 |
| Apr 22, 2026 | $78.37 |
| Apr 23, 2026 | $79.93 |
| Apr 24, 2026 | $79.44 |
| Apr 27, 2026 | $80.98 |
| 4 days before | -0.87% |
| 4 days after | 4.05% |
| On release day | 0.694% |
| Change in period | 3.15% |
Western Alliance Bancorporation Earnings Call Transcript Summary of Q1 2026
Western Alliance reported Q1 2026 results adjusted EPS of $2.22 (ex-fraud items), with core performance described as strong despite two previously disclosed fraud-related charge-offs. Management fully charged off the remaining $126.4M Lucadia loan and charged off $26M of the Cantor Group 5 loan while pursuing recoveries; $50.5M of securities gains and identified expense savings partially offset the LAM impact. Deposits surged by $5.6B in the quarter (ahead of a $8B 2026 target), enabling deposit optimization actions and supporting a lower cost of funds (interest-bearing deposit costs down 21 bps Q/Q). Total loans grew $903M Q/Q with balanced increases in HFI and HFS; HFI growth target remains $6B for 2026. NII was stable at $766M, NIM expanded 3 bps to 3.54%, and management now expects NII growth to trend toward the upper end of its 11–14% guidance given an updated assumption of no rate cuts. Noninterest income improved (but mortgage experienced a March dip; April activity improving) and adjusted PPNR/efficiency metrics strengthened (adjusted efficiency ratio ~48%). ACL remained at $461M (78 bps of funded HFI loans; total ACL 87 bps), with management expecting the allowance to trend to the low-80s bps as mix shifts toward C&I continue; core NCO guidance reiterated at 25–35 bps (ex-fraud items). CET1 held at targeted 11% after $50M of opportunistic buybacks; tangible common equity ratio down modestly to 6.8% due to growth and buybacks. Management reiterated capital targets, reiterated loan and deposit targets, emphasized deposit optimization to reduce funding costs (may keep Q2 deposits flat), and will host an investor day on May 12 to provide further detail.
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