(WAL) Western Alliance - Ratings and Ratios

Western Alliance Bancorporation (NYSE: WAL) stands as a prominent bank holding company, overseeing Western Alliance Bank. With a market capitalization of approximately $9.7 billion, it primarily serves Arizona, California, and Nevada. The company operates through two main segments: Commercial and Consumer Related.

In the deposit arena, WAL offers an array of products including checking, savings, and money market accounts, complemented by fixed-rate and fixed maturity CDs. Their treasury management services and residential mortgage solutions further enhance their consumer offerings.

Their loan portfolio is diverse, featuring commercial and industrial loans such as working capital lines and equipment leases, alongside a robust commercial real estate division securing loans against properties like multifamily units and retail centers. Construction loans for residential and industrial projects also form a key part of their offerings.

Beyond traditional banking, WAL provides a suite of digital services including internet banking, wire transfers, and cash management. Additionally, they invest in low-income housing tax credits and small business investment corporations, diversifying their financial strategy.

Founded in 1994 and headquartered in Phoenix, Arizona, Western Alliance Bancorporation is valued for its financial health, reflected in metrics such as a P/E ratio of 12.39 and a P/B ratio of 1.51. These figures underscore its stability and growth potential in the regional banking sector.