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Dec 31, 2021

Western Alliance Q4 2021 Earnings Report

Achieved record earnings and robust balance sheet growth.

Key Takeaways

Western Alliance Bancorporation reported record earnings for Q4 2021, with a net income of $246.0 million and an EPS of $2.32. Loan and deposit growth boosted total assets to $56.0 billion, and tangible book value per share rose to $37.84.

Net income reached a record $246.0 million, with earnings per share at $2.32.

Loans increased by $4.3 billion and deposits grew by $2.3 billion.

Total assets reached $56.0 billion at year-end.

Tangible book value per share increased by 9.1% to $37.84.

Total Revenue
$561M
Previous year: $339M
+65.7%
EPS
$2.34
Previous year: $1.93
+21.2%
Net Interest Margin
3.33%
Previous year: 3.84%
-13.3%
Return on Avg. Assets
1.69%
Return on Tang. Common Eq.
25.8%
Gross Profit
$524M
Cash and Equivalents
$516M
Previous year: $2.67B
-80.7%
Total Assets
$56B
Previous year: $36.5B
+53.4%

Western Alliance

Western Alliance

Forward Guidance

The earnings report does not contain any forward guidance.