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    Western Alliance Bancorporation (WAL)

    26.67 Up 0.32(1.22%) 12:37PM EST - Nasdaq Real Time Price
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    Western Alliance Bancorporation
    One East Washington Street
    Phoenix, AZ 85004
    United States - Map
    Phone: 602-389-3500
    Website: http://www.westernalliancebancorp.com

    Index Membership:N/A
    Industry:Regional - Pacific Banks
    Full Time Employees:1,131

    Business Summary 

    Western Alliance Bancorporation operates as the bank holding company for Western Alliance Bank that provides various banking and related services in Nevada, Arizona, and California. The company operates through Bank of Nevada, Western Alliance Bank, Torrey Pines Bank, and Other segments. It accepts various deposit products, including checking accounts, savings accounts, and money market accounts, as well as other deposit accounts, such as fixed-rate and fixed maturity retail certificates of deposits. The company also offers a range of loan products comprising commercial and industrial loans, which include 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 that are secured by apartment buildings, professional offices, industrial facilities, retail centers, and other commercial properties; construction and land development loans; residential real estate loans; and consumer loans, such as home equity loans and lines of credit, home improvement loans, and personal lines of credit. In addition, it provides other financial services consisting of Internet banking, wire transfers, electronic bill payment, lock box services, courier, and cash management services. Further, the company offers equipment finance; and holds and manages certain non-performing loans and other real estate owned. Western Alliance Bancorporation offers its services to businesses, professional firms, real estate developers and investors, local non-profit organizations, high net worth individuals, and other consumers. As of December 31, 2013, the company operated 39 branch locations. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

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    Corporate Governance 
    Western Alliance Bancorporation’s ISS Governance QuickScore as of Jan 1, 2015 is 3. The pillar scores are Audit: 2; Board: 6; Shareholder Rights: 5; Compensation: 2.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
    Mr. Robert Gary Sarver , 54
    Chairman, Chief Exec. Officer and Chief Exec. Officer of Western Alliance Bank
    Mr. Dale M. Gibbons , 55
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Western Alliance Bank and Exec. VP of Western Alliance Bank
    Mr. Merrill S. Wall , 68
    Chief Admin. Officer, Exec. VP, Chief Admin. Officer of Western Alliance Bank and Exec. VP of Western Alliance Bank
    Mr. James Harwood Lundy III, 66
    Exec. VP of Arizona Admin., Chief Exec. Officer of First Independent Bank and Chief Exec. Officer of Alliance Bank of Arizona
    Mr. Gerald Cady , 61
    Exec. VP of California Admin. and Chief Exec. Officer of Torrey Pines Bank
    Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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