Western Alliance Bancorporation

Western Alliance Bancorporation
Type	Public
Traded as	NYSE: WAL
Industry	Banking
Founded	1994 in Las Vegas, Nevada [1]
Headquarters	Phoenix, Arizona
Area served	Arizona, California, and Nevada
Key people	Robert Sarver, Chairman, Kenneth Vecchionem President & CEO; Dale Gibbons, CFO
Revenue	US$1.2 billion (Fiscal Year Ended 31 December 2020)[2]
Net income	US$506.6 million (Fiscal Year Ended 31 December 2020)[2]
Total assets	$36.4 billion (2021) (Fiscal Year Ended 31 December 2020)[2]
Total equity	US$3.413 billion (Fiscal Year Ended 31 December 2020)[2]
Number of employees	1915 (2021)[2]
Website	westernalliancebancorporation.com

Western Alliance Bancorporation is a U.S. regional bank holding company providing retail banking, commercial banking, real estate lending, private banking, and specialized financial services. It is headquartered in Phoenix, Arizona. The company is ranked 11th on the Forbes list of America's Best Banks 2022.[3] Western Alliance is 51st on the list of largest banks in the United States.

The company's banking subsidiaries include Alliance Association Bank, a commercial bank specializing in homeowner associations in Arizona; Alliance Bank of Arizona, a retail bank located across the state; Bank of Nevada, a retail bank in the greater Las Vegas area; Bridge Bank, a commercial bank in the San Francisco Bay Area with loan production offices in nine states; First Independent Bank, a retail bank in western Nevada, and Torrey Pines Bank, a retail bank in Southern California. Western Alliance also operates AmeriHome Mortgage, a mortgage loan company.

History

Founded in 1994 in Las Vegas, Nevada,[1] its headquarters moved to Phoenix, Arizona in 2010.[4]

References

"Western Alliance Bancorporation Preliminary Prospectus". U.S. Securities and Exchange Commission. June 17, 2005. Retrieved March 17, 2022.
"Western Alliance Bank Annual Report 2020" (PDF). February 25, 2021. Retrieved March 17, 2022.
"America's Best Banks 2022: Western Alliance Bank". Forbes.
Edwards, John G. (May 26, 2011). "Western Alliance loses some ties to state". Las Vegas, Nevada: Las Vegas Review-Journal. Retrieved March 17, 2022.

External links

Official website

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[Prospectus-1] "Western Alliance Bancorporation Preliminary Prospectus". U.S. Securities and Exchange Commission. June 17, 2005. Retrieved March 17, 2022.

[AnnualR2020-2] "Western Alliance Bank Annual Report 2020" (PDF). February 25, 2021. Retrieved March 17, 2022.

[3] "America's Best Banks 2022: Western Alliance Bank". Forbes.

[4] Edwards, John G. (May 26, 2011). "Western Alliance loses some ties to state". Las Vegas, Nevada: Las Vegas Review-Journal. Retrieved March 17, 2022.