Western Alliance Bancorporation

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Western Alliance Bancorporation
TypePublic
NYSEWAL
IndustryBanking
Founded1994; 30 years ago (1994) in Las Vegas, Nevada [1]
HeadquartersPhoenix, Arizona
Area served
Arizona, California, and Nevada
Key people
Robert Sarver, Chairman, Kenneth Vecchionem President & CEO
Dale Gibbons, CFO
RevenueIncrease US$1.2 billion (Fiscal Year Ended 31 December 2020)[2]
Increase US$506.6 million (Fiscal Year Ended 31 December 2020)[2]
Total assetsIncrease $36.4 billion (2021) (Fiscal Year Ended 31 December 2020)[2]
Total equityIncrease US$3.413 billion (Fiscal Year Ended 31 December 2020)[2]
Number of employees
1915 (2021)[2]
Websitewesternalliancebancorporation.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

  1. ^ a b "Western Alliance Bancorporation Preliminary Prospectus". U.S. Securities and Exchange Commission. June 17, 2005. Retrieved March 17, 2022.
  2. ^ a b c d e "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.

External links