Western Alliance Bancorporation

NYSE WAL

Western Alliance Bancorporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2024: 11.38%

Western Alliance Bancorporation Return on Equity (ROE) is 11.38% for the Trailing 12 Months (TTM) ending September 30, 2024, a -26.84% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • Western Alliance Bancorporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2023 was 15.55%, a -22.46% change year over year.
  • Western Alliance Bancorporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2022 was 20.06%, a -7.17% change year over year.
  • Western Alliance Bancorporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2021 was 21.61%, a 51.18% change year over year.
  • Western Alliance Bancorporation Return on Equity (ROE) for the Trailing 12 Months (TTM) ending September 30, 2020 was 14.29%, a -19.02% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity Ratio
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NYSE: WAL

Western Alliance Bancorporation

CEO Mr. Timothy W. Boothe
IPO Date July 1, 2005
Location United States
Headquarters One East Washington Street
Employees 3,426
Sector Finance
Industries
Description

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.

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StockViz Staff

January 15, 2025

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