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These Analysts Boost Their Forecasts On Western Alliance After Upbeat Earnings

Western Alliance Bancorporation (NYSE:WAL) posted upbeat quarterly results, after the closing bell on Thursday. Western Alliance reported quarterly earnings of $1.75 per share which beat the analyst consensus estimate of $1.71 per share. The company reported quarterly sales of $771.80 million which beat the analyst consensus estimate of $737.64 million, according to data from Benzinga Pro. “Western Alliance delivered strong second quarter results featuring robust net interest income growth, gathering loan momentum, and sustained deposit generation,” said Kenneth A. Vecchione, President and Chief Executive Officer. “With balance sheet repositioning actions completed, our focus is rededicated to ...