Western Alliance Bancorporation Stock

Description Western Alliance

Western Alliance Bancorporation (symbol: WAL) is a financial holding company based in Phoenix, Arizona. It was founded in 1995 and provides various banking products and services to businesses, consumers, institutions, and government entities. The company operates through two primary segments: Regional Banks and National Business Lines. As of September 2021, Western Alliance Bancorporation is part of the S&P 400 index of publicly traded companies.

The Regional Banks segment owns and operates full-service banking regions across the United States, including Arizona, California, and Nevada. This segment offers general banking services such as personal and commercial checking and savings accounts, mortgages, commercial loans, and other financial products and services.

The National Business Lines segment includes specialized banking services that cater to specific industries and business sectors, such as technology and innovation, healthcare, and wine-related businesses. This segment also provides services such as asset-based lending, equipment financing, franchise financing, and treasury management services.

Western Alliance Bancorporation competes with other key players in the financial services sector, such as JPMorgan Chase, Bank of America, and Wells Fargo. The company's growth strategy includes organic expansion of its customer base, acquisitions of selected banks and other financial services companies, and strategic investments in specific industries.

As of September 2021, Western Alliance Bancorporation is traded on the New York Stock Exchange under the stock ticker symbol "WAL." The company's stock price performance and financial metrics can be tracked through various financial news sources and online investing platforms.