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Sep 30, 2022
Western Alliance Q3 2022 Earnings Report
Reported record PPNR and earnings, driven by diversified national commercial business strategy.
Key Takeaways
Western Alliance Bancorporation reported a strong Q3 2022, with net income of $264.0 million and earnings per share of $2.42. The company saw growth in loans and deposits, lifting total assets to $69 billion. Asset quality remained stable and strong.
Net income reached $264.0 million, with earnings per share at $2.42.
Pre-provision net revenue was $358.1 million.
Quarterly loan and deposit growth were $3.6 billion and $1.9 billion, respectively.
Nonperforming assets to total assets ratio stood at 0.15%.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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