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Western Alliance Bancorp Q3 Earnings Decline, Revenue Increases -- Shares Drop After Hours
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Western Alliance Bancorp Q3 Earnings Decline, Revenue Increases -- Shares Drop After Hours
Oct 17, 2024 2:25 PM

05:09 PM EDT, 10/17/2024 (MT Newswires) -- Western Alliance Bancorp ( WAL ) reported Q3 earnings late Thursday of $1.80 per diluted share, down from $1.97 a year earlier.

Analysts polled by Capital IQ expected $1.89.

Revenue for the quarter that ended Sept. 30, calculated as sum of net interest income and total noninterest income, was $823.1 million, up from $716.2 million a year earlier.

Analysts surveyed by Capital IQ expected $805.8 million.

Shares traded 5% lower in after-hours activity.

Price: 89.11, Change: -4.81, Percent Change: -5.12

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