WESTERN ALLIANCE BANCORPORATION

Western Alliance Bancorporation (NYSE: WAB) operates as a bank holding company providing comprehensive financial services through its principal subsidiary, Western Alliance Bank. The company maintains its website at westernalliancebancorporation.com and serves customers across Arizona, California, Nevada, and select other U.S. markets including Texas, Colorado, and the Pacific Northwest.

The company's business model centers on three reportable segments: Commercial, which provides banking and treasury management services to small and middle-market businesses and specialized commercial institutions; Consumer Related, offering consumer banking services and residential mortgage banking; and Corporate & Other, which manages the investment portfolio and corporate-level items. As of December 31, 2025, Western Alliance Bank held total assets of $92.7 billion with a loan portfolio of $58.7 billion and deposits of $77.2 billion.

The loan portfolio reflects diversification across commercial and industrial lending at 48 percent, residential real estate at 25 percent, commercial real estate at 20 percent, and construction and land development at 7 percent. The company maintains an investment securities portfolio of $20.5 billion, representing approximately 22 percent of total assets, with significant exposure to government-sponsored enterprise mortgage-backed securities and U.S. Treasury securities.

Western Alliance operates through a unified banking platform following the October 2025 consolidation of legacy division brands including Alliance Bank of Arizona, Bank of Nevada, First Independent Bank, Bridge Bank, and Torrey Pines Bank under the Western Alliance Bank name. The company also operates specialized subsidiaries including AmeriHome for mortgage banking services and Digital Settlement Technologies for digital payment services in the class action legal industry.

The company employed 3,769 full-time equivalent employees as of December 31, 2025, representing a seven percent increase from the prior year. Western Alliance maintains a non-union workforce and emphasizes talent development through early career programs, professional development initiatives, and leadership succession planning. The company's deposit composition includes 32 percent non-interest-bearing deposits and 68 percent interest-bearing deposits, reflecting a strategic focus on core customer relationships and lower-cost funding sources.