
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.
Industry, Sector and Symbol
Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
SymbolNYSE:WAL
CUSIP95763810
Phone602-389-3500
Debt
Debt-to-Equity Ratio0.34%
Current Ratio0.90%
Quick Ratio0.90%
Price-To-Earnings
Trailing P/E Ratio19.07
Forward P/E Ratio14.63
P/E Growth1.13
Sales & Book Value
Annual Sales$890.86 million
Price / Sales7.01
Cash Flow$3.3439 per share
Price / Cash17.68
Book Value$21.14 per share
Price / Book2.80
Profitability
EPS (Most Recent Fiscal Year)$3.10
Net Income$325.49 million
Net Margins37.80%
Return on Equity16.46%
Return on Assets1.79%
Miscellaneous
Employees1,725
Outstanding Shares105,670,000