Western Alliance Q2 Profit Tops View - Quick Facts

(RTTNews) - Western Alliance Bancorporation (WAL) Thursday reported second-quarter net income available to common stockholders of $35.2 million or $0.40 per share, compared to $33.7 million or $0.39 per share in the same period last year.

On average, eight analysts polled by Thomson Reuters expected the company to earn $0.37 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income increased to $93.9 million from $82.2 million last year, while total non-interest income totaled $5.8 million, down from $11.8 million in the year-ago period.