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Western Alliance Bancorporation (NYSE:WAL) shares are trading lower after the company reported its third-quarter financial results after Thursday's closing bell. Here's a look at the details from the report.
The Details: Western Alliance reported quarterly earnings of $1.80 per share, which missed the analyst consensus estimate of $1.89. Quarterly revenue came in at $823.1 million, which beat the analyst consensus estimate of $808.19 million.
- Net interest income totaled $696.9 million in the third quarter 2024, an increase of $40.3 million, or 6.1%, from $656.6 million in the second quarter 2024, and an increase of $109.9 million, or 18.7%, compared ...
