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Dec 31, 2019
Western Alliance Q4 2019 Earnings Report
Western Alliance produced strong results, achieving record revenues and earnings, and growing loans and deposits.
Key Takeaways
Western Alliance Bancorporation reported a record net income of $128.1 million and earnings per share of $1.25 for Q4 2019, an increase of 10.6% over the prior year. Loan and deposit growth contributed to total assets reaching $26.8 billion. The net interest margin was 4.39%, and tangible book value rose 3.7% to $26.54.
Net income reached a record $128.1 million, with earnings per share at $1.25.
Net interest margin was 4.39%, a slight decrease of 2 basis points from the prior quarter.
Total assets increased to $26.8 billion, driven by loan and deposit growth.
Tangible book value increased 3.7% to $26.54.
Forward Guidance
Western Alliance remains committed to providing continued shareholder value with disciplined growth, while maintaining strong asset quality and industry leading revenue to expense metrics.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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