WAL - Western Alliance Bancorporation

NYSE - NYSE Delayed Price. Currency in USD

Western Alliance Bancorporation

One East Washington Street
Suite 1400
Phoenix, AZ 85004
United States

IndustryRegional - Pacific Banks
Full Time Employees1,725

Key Executives

NameTitlePayExercisedYear Born
Mr. Robert Gary SarverChairman & CEO2.3MN/A1961
Mr. Dale M. GibbonsVice Chairman & CFO926.52kN/A1960
Mr. Kenneth A. VecchionePres & DirectorN/AN/A1954
Mr. Merrill S. WallChief Admin. Officer & EVP656.37kN/A1947
Mr. Daniel P. MyersExec. VP of Northern California Admin.882.57kN/A1960
Amounts are as of December 31, 2016 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.


Western Alliance Bancorporation operates as the holding company for Western Alliance Bank that provides various banking products and related services primarily in Arizona, California, and Nevada. The company offers deposit products, including checking accounts, savings accounts, and money market accounts, as well as fixed-rate and fixed maturity certificates of deposit accounts. It also offers commercial and industrial loan products, such as 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 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. As of December 31, 2017, the company operated 38 branch locations and 8 loan production offices. Western Alliance Bancorporation was founded in 1994 and is headquartered in Phoenix, Arizona.

Corporate Governance

Western Alliance Bancorporation’s ISS Governance QualityScore as of March 1, 2018 is 3. The pillar scores are Audit: 2; Board: 5; Shareholder Rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.