Western Alliance Bancorp (WAL) Posts Q3 Adj-EPS of 8c, Beats by 1c

Western Alliance Bancorp (NYSE: WAL) Q3 EPS number of 4 cents includes a one-time charge of 9 cents per common share from accelerated preferred stock acceleration from TARP repayment and a gain of 5 cents per share from assets measured at fair value. The adjusted earnings number, then, comes in at 8 cents per share, beating the Street by just 1 cent.

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