Western Alliance Bancorporation SUB DEBENTURS 56
WALA
New York Stock Exchange25.37
USD
+0.14
- -
CIK
0001212545
ISIN
US9576382082
CUSIP
957638208
Return %
Stock
S&P500
1Y
- -
19.01
3Y
-3.65
65.48
5Y
-0.08
72.20
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- DE United States of America
- IPO Date
- Jun 22, 2016
- CIK
- 0001212545
- Similar Companies
- Business
- Western Alliance Bancorporation SUB DEBENTURES 56 (NYSE: WALA) represents the 6.25% subordinated debentures due July 1, 2056, issued by Western Alliance Bancorporation, a $85 billion-asset bank holding company providing specialized commercial banking, deposit, lending, treasury management, international banking, and online banking products and services to businesses across the United States. Through its primary subsidiary Western Alliance Bank, Member FDIC, headquartered in Phoenix, Arizona and founded in 1994, the company operates via dedicated segments including commercial banking; real estate financing; technology and innovation banking; mortgage warehouse lending; public and nonprofit finance; hotel franchise finance; homeowners association services; and corporate trust services via Western Alliance Trust Company. Offerings encompass loans and lines of credit; SBA loans; deposit accounts; cash management; venture debt and equipment financing; multifamily bond programs; global markets services for foreign exchange and interest rate risk management; levered loan administration; and escrow services, targeting small businesses, middle-market firms, technology companies, venture capital and private equity groups, real estate developers, mortgage lenders, municipalities, nonprofits, hotel operators, and senior living developers. Subsidiaries include Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, Torrey Pines Bank, and AmeriHome Mortgage Company; operations span key markets in Arizona, Nevada, California, and nationally with loan production offices in multiple states. In July 2025, Western Alliance Bank unified all divisions—including Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank, and Torrey Pines Bank—under the single Western Alliance Bank brand to streamline client access to services nationwide. Recent developments include a strategic alliance with Clover Lending Group in October 2025 to expand direct pay letter of credit multifamily bond financing for active adult (55+) communities; authorization of a $300 million common stock repurchase program in September 2025, with initial repurchases of 300,833 shares for $25 million through mid-October; appointment of Brad Alvarez in November 2025 to lead sponsor and strategic partnerships for business escrow services; and strong Q3 2025 financial results with net income of $260.5 million, up 30.4% year-over-year.
Meridian Wealth Management LLC Takes $222,000 Position in Western Alliance Bancorporation (NYSE:WAL)