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    Western Alliance Bancorporation (WAL)

    -NYSE
    33.83 Down 0.01(0.03%) Jul 31, 4:07PM EDT
    |After Hours : 33.83 0.00 (0.00%) Jul 31, 5:36PM EDT
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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

    Details 
    Index Membership:N/A
    Sector:Financial
    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 products and related services primarily in Arizona, California, and Nevada. It accepts various deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity retail certificates of deposit. It also offers commercial and industrial loan products comprising 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 apartment buildings, professional offices, industrial facilities, retail centers, and other commercial properties; construction and land development loans for multi-family apartment projects, industrial/warehouse properties, office buildings, retail centers, and medical facilities; and consumer loans. In addition, the company provides other financial services, such as Internet banking, wire transfers, electronic bill payment, lock box services, courier, and cash management services. Further, it offers equipment finance; and holds and manages certain non-performing loans and other real estate owned. As of December 31, 2014, the company operated 40 branch locations. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

    Key Statistics


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

    Key Executives 
     PayExercised
    Mr. Robert Gary Sarver , 54
    Chairman, Chief Exec. Officer, Chief Exec. Officer of Western Alliance Bank, Chairman of Torrey Pines Bank and Director of Western Alliance Bank
    2.05M2.95M
    Mr. Dale M. Gibbons , 55
    Chief Financial Officer, Exec. VP, Chief Financial Officer of Western Alliance Bank and Exec. VP of Western Alliance Bank
    789.00K366.00K
    Mr. Merrill S. Wall , 68
    Chief Admin. Officer, Exec. VP, Chief Admin. Officer of Western Alliance Bank and Exec. VP of Western Alliance Bank
    648.00K130.00K
    Mr. James Harwood Lundy III, 66
    Exec. VP of Arizona Admin., Chief Exec. Officer of First Independent Bank, Chief Exec. Officer of Alliance Bank of Arizona and Exec. VP of Western Alliance Bank
    765.00K540.00K
    Mr. Gerald Cady , 61
    Exec. VP of California Admin. and Chief Exec. Officer of Torrey Pines Bank
    654.00K303.00K
    Amounts are as of Dec 31, 2014 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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