Western Alliance Bancorporation (WAL) Tops Q4 EPS by 2c

Western Alliance Bancorporation (NYSE: WAL) reported Q4 EPS of $0.85, $0.02 better than the analyst estimate of $0.83.

Robert Sarver, Chairman and CEO, commented, “The year 2017 ended as expected for Western Alliance with outstanding results for our shareholders. Our performance is underscored by strong organic loan and deposit growth, plus expanding revenue well over the rate of expense growth. Our core EPS2 grew 22% year over year from $2.54 to $3.10. Net income grew 25% from $259.8 million to $325.5 million.

For earnings history and earnings-related data on Western Alliance Bancorporation (WAL) click here.

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