{"id":690579,"date":"2022-09-29T18:26:01","date_gmt":"2022-09-29T22:26:01","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/"},"modified":"2022-09-29T18:26:01","modified_gmt":"2022-09-29T22:26:01","slug":"western-alliance-ranks-1-among-banks-above-50b-by-american-banker","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/","title":{"rendered":"Western Alliance Ranks #1 Among Banks Above $50B by American Banker"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Western Alliance Ranks #1 Among Banks Above $50B by <i>American Banker<\/i><\/b><\/p>\n<p>PHOENIX&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nWestern Alliance Bancorporation (NYSE: WAL) today announced its primary subsidiary, Western Alliance Bank, ranks #1 among the nation\u2019s top-performing large banks with $50 billion or more of assets per American Banker, the leading industry trade publication.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220929005961\/en\/1587858\/4\/Western_Alliance_Bank.jpg\" alt=\"Western Alliance Bank Headquarters (Photo: Business Wire)\" \/><\/p>\n<p style=\"font-size:85%\">Western Alliance Bank Headquarters (Photo: Business Wire)<\/p>\n<\/div>\n<p>\nThe article in <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.americanbanker.com%2Fdata%2Ftop-banks-above-50b-what-sets-western-alliance-and-others-apart&amp;esheet=52931318&amp;newsitemid=20220929005961&amp;lan=en-US&amp;anchor=American+Banker&amp;index=1&amp;md5=d6247dc100b0642c83e3544eda7ab69d\">American Banker<\/a> focuses on the bank\u2019s powerful performance and momentum, stating that, \u201cWestern Alliance, which crossed over the $50 billion-asset line in the third quarter of 2021, boasted a three-year ROAE of 18.64%, well above the group average of 10.03%. Return on average equity is a key financial metric that measures performance \u2013 specifically, how much income a company is creating for each dollar of stockholders\u2019 equity.\u201d\n<\/p>\n<p>\nWestern Alliance Bank President and Chief Executive Officer Kenneth Vecchione is quoted in the article, noting that \u201cThe reason why we\u2019re able to grow faster than other banks is we\u2019re a national bank with a regional footprint.\u201d\n<\/p>\n<p>\nThe rankings in American Banker were determined based on an analysis by Capital Performance Group, ranking 39 large and regional banks by their three-year return on average equity, starting in 2019.\n<\/p>\n<p>\nEarlier this month, Western Alliance Bancorporation was added to the KBW Nasdaq Bank Index (Index Ticker: BKX, ETF Ticker: KBWB), as announced by Keefe, Bruyette &amp; Woods, Inc. (KBW). Previously, Western Alliance Bancorporation had been part of the KBW Nasdaq Regional Banking Index.\n<\/p>\n<p>\nToday Vecchione said, \u201cWe are very pleased to rank #1 on American Banker\u2019s list of large banks above $50 billion. This is the latest data point recognizing Western Alliance\u2019s continued industry-leading performance and powerful growth trajectory as we move toward our ultimate goal of becoming the nation\u2019s leading commercial bank.\u201d\n<\/p>\n<p>\nWestern Alliance Bancorporation is one of the largest banking companies in the country with a market capitalization of $7.6 billion at quarter-end 2Q 2022.\n<\/p>\n<p><b>About Western Alliance Bancorporation<\/b><\/p>\n<p>\nWith more than $66 billion in assets, Western Alliance Bancorporation (NYSE: WAL) is one of the country\u2019s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, Member FDIC, business clients benefit from a full spectrum of tailored banking solutions. Major accolades include #2 best-performing of the 50 largest public U.S. banks in the S&amp;P Global Market Intelligence listing for 2021, and #1 Best Emerging Regional Bank for 2022 by Bank Director. Serving clients across the country, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.westernalliancebancorporation.com%2F&amp;esheet=52931318&amp;newsitemid=20220929005961&amp;lan=en-US&amp;anchor=Western+Alliance+Bancorporation&amp;index=2&amp;md5=af01bbd59afc08c25036864598b0da9a\">Western Alliance Bancorporation<\/a>.\n<\/p>\n<p><b>Cautionary Note Regarding Forward-Looking Statements<\/b><\/p>\n<p>\nThis release contains forward-looking statements that relate to expectations, beliefs, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. Examples of forward-looking statements include, among others, statements we make regarding our expectations with regard to our business, future economic performance, growth and success, and the quotations from Kenneth Vecchione. The forward-looking statements contained herein reflect our current views about future events and are subject to risks, uncertainties, assumptions and changes in circumstances that may cause our actual results to differ significantly from historical results and those expressed in any forward-looking statement. Some factors that could cause actual results to differ materially from historical or expected results include, among others: the risk factors discussed in the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2021 and the Company&#8217;s subsequent Quarterly Reports on Form 10-Q, each as filed with the Securities and Exchange Commission; the potential adverse effects of unusual and infrequently occurring events such as the COVID-19 pandemic and any governmental or societal responses thereto; changes in general economic conditions, either nationally or locally in the areas in which we conduct or will conduct our business; the execution of our business plan; and other factors affecting the financial services industry generally or the banking industry in particular.\n<\/p>\n<p>\nAny forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We do not intend and disclaim any duty or obligation to update or revise any industry information or forward-looking statements, whether written or oral, that may be made from time to time, set forth in this press release to reflect new information, future events or otherwise.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20220929005961r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact<\/b>:<br \/>\n<br \/>Stephanie Whitlow<br \/>\n<br \/>Senior Marketing Director<br \/>\n<br \/>480.998.6547<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:swhitlow@westernalliancebank.com\">swhitlow@westernalliancebank.com<\/a><\/p>\n<p><b>Investors:<br \/>\n<\/b><br \/>Miles Pondelik<br \/>\n<br \/>Director, Investor Relations &amp; Corporate Development<br \/>\n<br \/>602.346.7462<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:mpondelik@westernalliancebank.com\">mpondelik@westernalliancebank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Arizona<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220929005961\/en\/1587855\/3\/WAL-primary-w_div-Color.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20220929005961\/en\/1587858\/3\/Western_Alliance_Bank.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">Western Alliance Bank Headquarters (Photo: Business Wire)<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Western Alliance Ranks #1 Among Banks Above $50B by American Banker PHOENIX&#8211;(BUSINESS WIRE)&#8211; Western Alliance Bancorporation (NYSE: WAL) today announced its primary subsidiary, Western Alliance Bank, ranks #1 among the nation\u2019s top-performing large banks with $50 billion or more of assets per American Banker, the leading industry trade publication. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/ Western Alliance Bank Headquarters (Photo: Business Wire) The article in American Banker focuses on the bank\u2019s powerful performance and momentum, stating that, \u201cWestern Alliance, which crossed over the $50 billion-asset line in the third quarter of 2021, boasted a three-year ROAE of 18.64%, well above the group average of 10.03%. Return on average equity is a key financial metric that &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Western Alliance Ranks #1 Among Banks Above $50B by American Banker&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-690579","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Western Alliance Ranks #1 Among Banks Above $50B by American Banker - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Western Alliance Ranks #1 Among Banks Above $50B by American Banker - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Western Alliance Ranks #1 Among Banks Above $50B by American Banker PHOENIX&#8211;(BUSINESS WIRE)&#8211; Western Alliance Bancorporation (NYSE: WAL) today announced its primary subsidiary, Western Alliance Bank, ranks #1 among the nation\u2019s top-performing large banks with $50 billion or more of assets per American Banker, the leading industry trade publication. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/ Western Alliance Bank Headquarters (Photo: Business Wire) The article in American Banker focuses on the bank\u2019s powerful performance and momentum, stating that, \u201cWestern Alliance, which crossed over the $50 billion-asset line in the third quarter of 2021, boasted a three-year ROAE of 18.64%, well above the group average of 10.03%. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/","og_locale":"en_US","og_type":"article","og_title":"Western Alliance Ranks #1 Among Banks Above $50B by American Banker - Market Newsdesk","og_description":"Western Alliance Ranks #1 Among Banks Above $50B by American Banker PHOENIX&#8211;(BUSINESS WIRE)&#8211; Western Alliance Bancorporation (NYSE: WAL) today announced its primary subsidiary, Western Alliance Bank, ranks #1 among the nation\u2019s top-performing large banks with $50 billion or more of assets per American Banker, the leading industry trade publication. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20220929005961\/en\/ Western Alliance Bank Headquarters (Photo: Business Wire) The article in American Banker focuses on the bank\u2019s powerful performance and momentum, stating that, \u201cWestern Alliance, which crossed over the $50 billion-asset line in the third quarter of 2021, boasted a three-year ROAE of 18.64%, well above the group average of 10.03%. Return on average equity is a key financial metric that &hellip; Continue reading \"Western Alliance Ranks #1 Among Banks Above $50B by American Banker\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/","og_site_name":"Market Newsdesk","article_published_time":"2022-09-29T22:26:01+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20220929005961\/en\/1587858\/4\/Western_Alliance_Bank.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Western Alliance Ranks #1 Among Banks Above $50B by American Banker","datePublished":"2022-09-29T22:26:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/"},"wordCount":792,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20220929005961\/en\/1587858\/4\/Western_Alliance_Bank.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/western-alliance-ranks-1-among-banks-above-50b-by-american-banker\/","name":"Western Alliance Ranks #1 Among Banks Above $50B by American Banker - 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