Regional banking company Western Alliance Bancorporation (NYSE: WAL) will be announcing earnings results this Thursday after market hours. Here’s what to expect.

Western Alliance Bancorporation missed analysts’ revenue expectations by 1.4% last quarter, reporting revenues of $777.7 million, up 6.9% year on year. It was a softer quarter for the company, with a miss of analysts’ net interest income estimates and a slight miss of analysts’ EPS estimates.

Is Western Alliance Bancorporation a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Western Alliance Bancorporation’s revenue to grow 7.7% year on year to $830.1 million, slowing from the 15.2% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.01 per share.

Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 4 upward revisions over the last 30 days (we track 8 analysts). Western Alliance Bancorporation has missed Wall Street’s revenue estimates twice over the last two years.

Looking at Western Alliance Bancorporation’s peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial’s revenues decreased 3.2% year on year, beating analysts’ expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results.

Read our full analysis of Fulton Financial’s results here and FB Financial’s results here.

There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Western Alliance Bancorporation is up 13.5% during the same time and is heading into earnings with an average analyst price target of $94.93 (compared to the current share price of $82.00).

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