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via finance.yahoo.comBusiness & Companies

Western Alliance beats Q3 estimates on higher revenue

FROM THE WIRE · FINANCE.YAHOO.COM

Investing.com -- Western Alliance Bancorporation (NYSE:WAL) reported third quarter earnings that exceeded analyst expectations, with adjusted earnings per share of $2.45 and revenue of $1.01 billion, beating consensus estimates of $2.43 and $988.23 million, respectively. Revenue…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishBeating estimates on earnings and revenue can support a regional bank's stock.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Western Alliance reported adjusted EPS of $2.45 versus $2.43 expected.
  2. 02Revenue rose 8.1% year on year to $1.01 billion.
  3. 03Net interest margin expanded to 3.57%.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Western Alliance BancorporationWALStock73.63 USDMarket closedtoday -1.18%Positive
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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