Western Alliance Bancorporation (WAL)

NYSE: WAL · IEX Real-Time Price · USD
+0.39 (0.59%)
Nov 29, 2022 4:00 PM EDT - Market closed

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 in Commercial, Consumer Related, and Corporate & Other 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; and treasury management and residential mortgage products and services.

It also offers 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, lock box services, courier, and cash management services.

Further, it 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.

The company operates 36 branch locations, as well as loan production offices. 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
Sector Financials
Employees 3,368
CEO Kenneth Vecchione

Contact Details

One East Washington Street
Phoenix, Arizona 85004
United States
Phone 602 389 3500
Website Visit Website

Stock Details

Ticker Symbol WAL
Exchange NYSE
Fiscal Year End 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
Randall S. Theisen Chief Legal Officer and Head of Corporate Affairs
James Kelly Ardrey Jr. Senior Vice President and Chief Accounting Officer
Jeff Semonovich Chief Information Officer
Miles Pondelik Director of Investor Relations and Corporate Development
Barbara J. Kennedy Chief Human Resource Officer
Robert R. McAuslan Executive Vice President
Don H. Garner Division Chief Executive Officer of Alliance Bank of Arizona

Latest SEC Filings

Date Type Title
Nov 2, 2022 8-K Current Report
Nov 1, 2022 10-Q Quarterly Report
Oct 31, 2022 8-K Current Report
Oct 20, 2022 8-K Current Report
Sep 7, 2022 8-K Current Report
Aug 10, 2022 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jul 29, 2022 10-Q Quarterly Report
Jul 28, 2022 8-K Current Report
Jul 21, 2022 8-K Current Report
Jun 16, 2022 8-K Current Report