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Shares of Western Alliance (NYSE:WAL) moved lower by 0.85% in after-market trading after the company reported Q3 results.
Quarterly Results
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Earnings per share were up 9.68% over the past year to $1.36, which beat the estimate of $1.04.
Revenue of $305,344,000 higher by 6.81% year over year, which missed the estimate of $311,940,000.
Looking Ahead
Earnings guidance hasn't been issued by the company for now.
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Western Alliance hasn't issued any revenue guidance for the time being.
Recent Stock Performance
52-week high: $58.94
Company's 52-week low was at $20.90
Price action over last quarter: Up 11.56%
Company Description
Western Alliance Bancorporation is a Las Vegas-based holding company with regional banks operating in Nevada, Arizona, and California. The bank offers retail banking services and focuses on mortgages for retail customers and commercial loans, mainly for real estate. The bank also has an investment advisory business that manages investment portfolios for Western clients and clients of other banks.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.