Western Alliance Bancorporation (WAL)

NYSE: WAL · IEX Real-Time Price · USD
120.03 -2.32 (-1.90%)
Jan 18, 2022 12:01 PM EST - Market open

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 two segments, Commercial and Consumer Related. 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, 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 38 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
CountryUnited States
Founded1994
IPO DateJun 30, 2005
IndustryBanks
SectorFinancials
Employees3,061
CEOKenneth Vecchione

Contact Details

Address:
1 E Washington St
Phoenix, Arizona 85004-2492
United States
Phone602 389 3500
Websitewesternalliancebancorp.com

Stock Details

Ticker SymbolWAL
ExchangeNYSE
Fiscal YearJanuary - December
Reporting CurrencyUS Dollars
CIK Code0001212545

Key Executives

NamePosition
Robert Gary SarverExecutive Chairman
Kenneth A. VecchioneChief Executive Officer, President and Director
Dale M. GibbonsVice Chairman, Executive Vice President and Chief Financial Officer
Timothy W. BootheChief Operating Officer
Randall S. TheisenGeneral Counsel and Secretary
James Kelly Ardrey Jr.Senior Vice President and Chief Accounting Officer
Jeff SemonovichChief Information Officer
Robyn YoungExecutive Vice President and Chief Marketing Officer
Miles PondelikDirector of Investor Relations and Corporate Development
Barbara J. KennedyChief Human Resource Officer

Latest SEC Filings

DateTypeTitle
Jan 3, 20228-KCurrent report
Dec 14, 20218-KCurrent report
Nov 18, 2021424B5Prospectus [Rule 424(b)(5)]
Nov 18, 20218-KCurrent report
Nov 16, 202125-NSENotification filed by national security exchange to report the removal from listing and registration of matured, redeemed or retired securities
Nov 16, 20218-KCurrent report
Nov 2, 202110-QQuarterly report [Sections 13 or 15(d)]
Nov 2, 20218-KCurrent report
Nov 1, 20214Statement of changes in beneficial ownership of securities
Oct 27, 20214Statement of changes in beneficial ownership of securities
View All SEC Filings