 | |
| Company type | Public |
|---|---|
| Industry | Banking |
| Founded | 1994; 32 years ago (1994) in Las Vegas, Nevada[1] |
| Headquarters | CityScape Phoenix, Arizona, U.S. |
Area served | Arizona, California, and Nevada |
Key people | Bruce Beach (Chairman) Kenneth Vecchione (President &CEO) Dale Gibbons (Vice chairman &CFO) |
 US$709 million (2023) | |
| Total assets |  US$70.862 billion (2023) |
| Total equity | US$6.078 billion (2023) |
Number of employees | 3,260 (2023) |
| Website | westernalliancebancorporation |
| Footnotes / references [2] | |
Western Alliance Bancorporation is a regionalbank holding company headquartered inPhoenix. It is on thelist of largest banks in the United States and is ranked 97th on theForbes list of America's Best Banks.[3]
The company's banking subsidiaries include Alliance Association Bank, acommercial bank specializing inhomeowner associations in Arizona; Alliance Bank of Arizona, aretail bank; Bank of Nevada, a retail bank inClark County, Nevada; Bridge Bank, a commercial bank in theSan Francisco Bay Area withloan production offices in nine states; First Independent Bank, a retail bank in western Nevada, and Torrey Pines Bank, a retail bank inSouthern California. Western Alliance also owns AmeriHome Mortgage, amortgage loan company.[2]
The bank was founded in 1994 in Las Vegas, Nevada.[1][4]
In 2010, it moved its headquarters to Phoenix, Arizona.[5]
In October 2012, it acquired Western Liberty Bancorp for $55 million.[6]
In April 2021, the company acquired AmeriHome for $1.22 billion.[7]
During the2023 United States banking crisis, the company's share price fell due its exposure to the technology sector and its amount of uninsured deposits; however, the share price rallied to new highs quickly.[8]