BNET Industries
Western Alliance Bancorporation (WAL) is in the Financial Services Industry
- Revenue
- Dec 31 2007
- $333.0M
- Profit
- Dec 31 2007
- $32.8M
- Market Cap
- Nov 28 2008
- $424.8M
Latest News and Analysis
Western Alliance Bancorporation Q1 2008 Earnings Call Transcript
Question-and-Answer Session Operator Operator instructions Our first question comes from Joe Morford from RBC Capital Markets. Joe Morford – RBC Capital Markets Thanks good morning everyone. I was first I guess curious about the classified levels, did they also decline in the quarter? Robert Sarver Let me take a...
Western Alliance Bancorporation Q4 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions Our first question comes from Hugh Miller of Sidoti & Company. Please go ahead. Hugh Miller - Sidoti & Company Hi, good morning. Robert Sarver Good morning. Hugh Miller - Sidoti & Company I was wondering if you could provide us with the yearend figures...
Western Alliance Bancorp Q3 2007 Earnings Call Transcript
Question-and-Answer SessionOperator Operator Instructions And we will take our first question with Christopher Nolan with Oppenheimer. Please go ahead. Christopher Nolan - Oppenheimer Good afternoon. Hello. Hal, does the turbulence in the credit market affect your planning for securitizations? Have you guys started considering alternative plans if you...
Additional Resources
Los Angeles Banker Lora Wong Joins Torrey Pines Bank as Senior Vice President
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that its southern California subsidiary, Torrey Pines Bank, has hired Lora Wong as Senior Vice President in its new Los Angeles/Orange County division. Wong was formerly with California Bank & Trust where she was Vice President/Relationship Manager in the...
Western Alliance Bancorporation Chosen to Participate in U.S. Treasury Capital Purchase Program
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that it has received preliminary approval from the U.S. Department of the Treasury to purchase $140 million of the Company's preferred stock and warrants. "This investment is further recognition of the strength and stability of Western Alliance," said Robert...
Brian Stegall Named Vice President of Western Alliance Equipment Finance Subsidiary
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that Brian Stegall has been named Vice President of its Western Alliance Equipment Finance subsidiary, to serve the Nevada market. Stegall was formerly the Nevada representative of Wells Fargo Equipment Finance Inc. where he served as Vice President since...
Torrey Pines Bank Names Paul L. Donaldson to Head Orange County/Los Angeles Expansion
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that its Torrey Pines Bank subsidiary has named Paul Donaldson as Division President to lead an expansion of the San Diego-based bank into the neighboring metropolitan areas of Los Angeles and Orange County. Prior to joining Torrey Pines Bank,...
Western Alliance Reports Results for the Third Quarter 2008
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today its financial results for the third quarter 2008. Third Quarter 2008 Highlights: * Net operating income of $5.5 million (excluding securities impairment charges and a non-cash goodwill impairment charge) in the third quarter 2008, up $3.0 million...
Western Alliance Bancorporation Announces Third Quarter 2008 Earnings Release Date and Conference Call
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that it plans to release its third quarter 2008 financial results before the market opens Friday, October 24, 2008. Chairman and Chief Executive Officer Robert Sarver, Chief Financial Officer Dale Gibbons and PartnersFirst President Hal Erskine will host a conference call...
Western Alliance Bancorporation Subsidiary Bank of Nevada Names Joyce Smith Senior Vice President
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that Joyce Smith has joined Bank of Nevada as Senior Vice President, Branch Deposit Manager of its Rainbow Regional Office. In her new position, Smith will be responsible for oversight of deposit relationship management and client service quality. Prior...
Western Alliance Bancorporation Announces Patrick J. Tropio to Join Torrey Pines Bank
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that its subsidiary, Torrey Pines Bank, has hired Patrick J. Tropio as Vice President, Relationship Manager in its headquarters office in Carmel Valley. "We are delighted to have Pat join our team," said Gary Cady, Torrey Pines Bank President...
Western Alliance Bancorporation Announces New Division to Serve Homeowners Association Market
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) today announced the launch of a new division to serve the homeowners association market nationwide. Alliance Association Financial Services, a division of its Torrey Pines Bank affiliate, will serve homeowners associations with a full range of deposit, treasury management, information and financing services....
Western Alliance Bancorporation Announces $50 Million Private Placement
LAS VEGAS -- Western Alliance Bancorporation announced today it has entered into definitive agreements with a lead institutional investor and several other accredited investors to sell in a private placement approximately 4.3 million shares of its common stock at a price of $11.50 per share, resulting in gross proceeds to...
Western Alliance Bancorporation Names Brown President of Equipment Finance/Leasing Division
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) President and CEO Robert Sarver announced this week that Michael Brown has joined the company as president and CEO of its affiliate Western Alliance Leasing. "Western Alliance is pleased to have Mike Brown as a member of our team and leading...
Torrey Pines Bank portfolio grows
Torrey Pines Bank Portfolio Grows: Torrey Pines Bank, a subsidiary of Western Alliance Bancorporation of Las Vegas, reported net income of $1.3 million for the second quarter, down from $1.5 million in the first quarter of the year. Bucking the trend of many other lenders, TPB reported its...
Western Alliance Reports Net Income of $2.4 Million or $0.08 Per Share for the Second Quarter 2008
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today its financial results for the second quarter 2008. Second Quarter 2008 Highlights: * Regulatory capital of $508 million, up $40 million from March 31, 2008 which further strengthened our "well capitalized" status by federal banking standards ...
Western Alliance Bancorporation Announces Private Placement of Common Stock and Earnings Release Date and Conference Call
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that it has completed a private placement of 3.8 million shares of common stock to a limited number of accredited investors. Of the shares sold, approximately 45 percent were purchased by a total of 40 directors and officers of the Company...
Western Alliance Reports Net Income of $4.1 Million or $0.14 Per Share for the First Quarter 2008
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today its financial results for the first quarter 2008. First Quarter 2008 Highlights: * Net income of $4.1 million, including loan loss provision expense of $8.1 million, up 69.5% from $2.4 million in the fourth quarter 2007 and...
Western Alliance Bancorporation Announces First Quarter 2008 Earnings Release Date and Conference Call
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today that it plans to release its first quarter 2008 financial results after the market closes on Tuesday, April 22, 2008. Chairman and Chief Executive Officer Robert Sarver, Chief Financial Officer Dale Gibbons and PartnersFirst President Hal Erskine will host a conference...
Western Alliance Reports Net Income of $32.9 Million or $1.06 Per Share for 2007 and $2.4 Million or $0.08 Per Share for the Fourth Quarter 2007
LAS VEGAS -- Western Alliance Bancorporation (NYSE:WAL) announced today its financial results for 2007 and the fourth quarter 2007. 2007 Highlights: * Net income of $32.9 million, down 17.6% from $39.9 million in 2006 * Diluted earnings per share of $1.06, compared with $1.41...
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- Incorporated: 1994
- CEO: Mr. Robert G. Sarver
- Employees: 992
Western Alliance Bancorporation is a bank holding company. Co. provides banking and related services, such as commercial loans, to locally owned businesses, professional firms, real estate developers and investors, local non-profit organizations, high net worth individuals and other consumers through its subsidiary banks and financial services companies in Nevada, Arizona and California. Co. also provides financial products and services aimed at meeting the needs of small to mid-sized businesses and their proprietors, including cash management, trust administration and estate planning, custody and investments and equipment leasing. At Dec 31 2006, Co. had total assets of $4.17 billion.
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Western Alliance Bancorporation Company Info
Board of Directors
Mr. Robert G. Sarver
Chairman
Dr. M. Nafrees Nagy M.D.
Dr. James E. Nave D.V.M.
Mr. George J. Maloof Jr.
Mr. John P. Sande III
Mr. Donald D. Snyder
Mr. Arthur Marshall
Mr. Bruce Beach
Mr. William S. Boyd
Mr. Steven J. Hilton
Ms. Marianne Boyd Johnson
Mr. Kenneth A. Vecchione
Mr. Cary Mack
Mr. Todd Marshall
Contact Information
2700 West Sahara Avenue
Las Vegas, NV
http://www.westernalliancebancorp.com
702 248-4200
NAICS Code
Commercial Banking: 522110Brought to you by IBM
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