Company

Western Alliance Bancorporation

Headquarters: Phoenix, AZ, United States

Employees: 3,139

CEO: Mr. Kenneth A. Vecchione

NYSE: WAL -2.11%

Market Cap

$6.83 Billion

USD as of Jan. 1, 2024

history Market Cap History

Western Alliance Bancorporation market capitalization over time

Evolution of Western Alliance Bancorporation market cap in the past 5 years

Market capitalizations are calculated from the opening stock price at the beginning of each month.

history Market Cap History of Western Alliance Bancorporation

Detailed 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.

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Stocks & Indices

Western Alliance Bancorporation has the following listings and related stock indices.


Stock: NYSE: WAL wb_incandescent

Stock: Bovespa: WABC34 wb_incandescent

Stock: FSX: WEA wb_incandescent

Stock: NYSE: WAL.PR.A wb_incandescent

Details

Headquarters:

One East Washington Street

Suite 1400

Phoenix, AZ 85004

United States

Phone: 602-389-3500