What trends in WAL's earnings suggest future growth potential?

Western Alliance Bancorporation (WAL) demonstrates strong growth potential in its earnings, driven by several key trends:

1. **Significant Net Income Growth**: WAL's net income has experienced a substantial year-over-year growth of 46.65%. This indicates a strong profitability trend, which is a positive signal for future growth.

|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q1|24.753867791842477|1.774E8|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q2|-10.24571163653222|1.936E8|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q3|-7.756232686980609|1.998E8|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q4|46.65314401622718|2.169E8|169|

2. **Revenue Growth**: The bank's total revenue has also shown a notable increase of 22.9%. This growth in revenue suggests a healthy business expansion and the ability to generate more income, which is a promising indicator for future growth.

|code|Ticker|Name|Date|Net Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q1|24.753867791842477|32.0529081355318|25.000000000000007|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q2|-10.24571163653222|15.314507694606306|-10.714285714285712|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q3|-7.756232686980609|14.925998324490367|-8.629441624365478|169|
|WAL|WAL.N|Western Alliance Bancorporation|2024 Q4|46.65314401622718|22.896511287012604||169|

3. **Positive Analyst Sentiment**: The consensus rating for WAL is "Buy" with an average analyst price target of $105.5, which is significantly higher than the current price, suggesting that analysts are optimistic about the bank's future performance.

In conclusion, WAL's strong net income and revenue growth, along with positive analyst sentiment, suggest a promising future growth potential for the bank.