Western Alliance Bancorporation logo WAL - Western Alliance Bancorporation

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| PRICE TARGET: $87.83 DETAILS
HIGH: $96.00
LOW: $79.00
MEDIAN: $90.00
CONSENSUS: $87.83
UPSIDE: 11.76%

About Western Alliance Bancorporation (https://www.westernalliancebancorporation.com)

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.

Key Executives

NAME TITLE DOB SALARY
Kenneth A. Vecchione Chief Executive Officer, President & Director 1954 $5,643,142 USD
Dale Gibbons Vice Chairman and Chief Banking Officer, Deposit Initiatives & Innovation 1960 $3,038,236 USD
Vishal Idnani Chief Financial Officer 1986 $2,272,005 USD
Timothy R. Bruckner Chief Banking Officer For Regional Banking 1968 $2,001,258 USD
Stephen R. Curley Chief Banking Officer for National Business Lines 1971 $1,987,995 USD
Timothy W. Boothe Chief Administration Officer 1966 $1,547,166 USD
Barbara J. Kennedy Chief Human Resource Officer 1967 $799,995 USD
Ben Mucha Chief Accounting Officer 1972
Jessica H. Jarvi Chief Legal Officer & Corporate Secretary 1977
Miles Pondelik Director of Investor Relations & Corporate Development
Nicholas A. Wanat Chief Audit Executive
Paulina Woo Senior Director of Treasury Management, Corporate Finance, Public & Non-profit Finance
Sonny Sonnenstein Chief Information Officer

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