💨 Abstract

Western Alliance Bancorp reported first-quarter net income of $199.1 million, with earnings of $1.79 per share that surpassed Wall Street expectations. Revenue was $1.22 billion, but revenue net of interest expense was $788.2 million, falling short of Street forecasts. The Phoenix-based bank's results were generated by Automated Insights using data from Zacks Investment Research.

Courtesy: wtop.com

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