Western Alliance Bancorporation (WAL)
NYSE: WAL · IEX Real-Time Price · USD
58.63
-0.74 (-1.25%)
At close: Apr 25, 2024, 4:00 PM
57.86
-0.77 (-1.31%)
After-hours: Apr 25, 2024, 7:16 PM EDT

Company Description

Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada.

It operates through Commercial and Consumer Related segments. The company offers deposit products, including checking, savings, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts; demand deposits; and treasury management and residential mortgage products and services.

It also provides commercial and industrial loan products, such as working capital lines of credit, loans to technology companies, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; commercial real estate loans, which are secured by multi-family residential properties, professional offices, industrial facilities, retail centers, hotels, and other commercial properties; construction and land development loans for single family and multi-family residential projects, industrial/warehouse properties, office buildings, retail centers, medical office facilities, and residential lot developments; and consumer loans.

In addition, the company provides other financial services, such as internet banking, wire transfers, electronic bill payment and presentment, funds transfer and other digital payment offerings, lock box services, courier, and cash management services.

Further, the company holds certain investment securities, municipal and non-profit loans, and leases; invests primarily in low-income housing tax credits and small business investment corporations; and holds certain real estate loans and related securities.

Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Western Alliance Bancorporation
Western Alliance Bancorporation logo
Country United States
Founded 1994
IPO Date Jun 30, 2005
Industry Banks - Regional
Sector Financials
Employees 3,260
CEO Kenneth A. Vecchione

Contact Details

Address:
One E. Washington Street
Phoenix, Arizona 85004
United States
Phone 602-389-3500
Website Visit Website

Stock Details

Ticker Symbol WAL
Exchange NYSE
Fiscal Year January - December
Reporting Currency USD
CIK Code 0001212545
CUSIP Number 957638109
ISIN Number US9576381092
SIC Code 6022

Key Executives

Name Position
Kenneth A. Vecchione Chief Executive Officer, President and Director
Dale M. Gibbons Vice Chairman, Executive Vice President and Chief Financial Officer
Timothy W. Boothe Chief Operating Officer
Timothy R. Bruckner Chief Banking Officer of Regional Banking
Stephen R. Curley Chief Banking Officer for National Business Lines and President for Alliance Association Bank
James Kelly Ardrey Jr., CPA Senior Vice President and Chief Accounting Officer
Paulina Woo Senior Director of Treasury Management, Corporate Finance, Public and Non-profit Finance
Jeff Semonovich Chief Information Officer
Miles Pondelik Director of Investor Relations and Corporate Development
Jessica H. Jarvi Chief Legal Officer

Latest SEC Filings

Date Type Title
Apr 24, 2024 ARS Filing
Apr 24, 2024 DEFA14A Additional definitive proxy soliciting materials and Rule 14(a)(12) material
Apr 24, 2024 DEF 14A Other definitive proxy statements
Apr 24, 2024 8-K Current Report
Apr 18, 2024 8-K Current Report
Mar 28, 2024 PX14A6G Notice of exempt solicitation submitted by non-management
Mar 7, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 28, 2024 10-K Annual Report
Feb 16, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Feb 16, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals