Western Alliance Q3 revenue misses as deposits lag; EPS beats consensus
FROM THE WIRE · SEEKINGALPHA.COM
[Old Fashioned Bank Sign] georgeclerk/E+ via Getty Images Western Alliance's ((WAL [https://seekingalpha.com/symbol/WAL])) third-quarter [https://seekingalpha.com/filing/310185373] revenue fell short of expectations as deposits missed estimates. However, earnings exceeded the…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: neutralMixed results for a regional bank, with stronger earnings but weaker deposits and revenue.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Adjusted EPS came in at $2.45 versus a $2.43 consensus.
- 02Net interest income of $807.6M was below the $813.3M consensus.
- 03Total deposits fell to $81.76B, below consensus.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets