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Western Alliance Bancorporation Releases 2022 Corporate Responsibility Report

PHOENIX, September 30, 2022--(BUSINESS WIRE)--Western Alliance Bancorporation, one of the country’s top-performing banking companies, today released its 2022 Corporate Responsibility Report. The report highlights the strategies of the bank and its divisions to forward its people-centered mission and details its activities during 2021.

"At Western Alliance, our culture and values revolve around strong relationships with all of our stakeholders — our clients, colleagues, investors and communities," said Kenneth Vecchione, chief executive officer, Western Alliance Bancorporation. "Corporate responsibility is part of everything we do — including how we manage and develop our people, the products and services we offer, and the investments we make in our communities. We’re pleased to share our 2022 Corporate Responsibility Report, which focuses on our comprehensive efforts through this lens."

Western 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.

About Western Alliance Bancorporation

With more than $66 billion in assets, Western Alliance Bancorporation (NYSE: WAL) is one of the country’s top-performing banking companies. Through its primary subsidiary, Western Alliance Bank, business clients benefit from a full spectrum of tailored banking solutions and outstanding service delivered by industry experts who put customers first. Major accolades include #1 top-performing bank with $50 billion or more of assets in 2021 per American Banker, #1 Best Bank ($50 billion and above) in 2021 by Bank Director and 2022 All-America Executive Team by Institutional Investor (including #1 Best CEO and #1 Best CFO). Serving clients across the country wherever business happens, Western Alliance Bank operates individual, full-service banking and financial brands with offices in key markets nationwide.

Cautionary Note Regarding Forward-Looking Statements

This 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’s Annual Report on Form 10-K for the year ended December 31, 2021 and the Company’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.

Any 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220930005639/en/

Contacts

Media Contact:
Stephanie Whitlow
Senior Marketing Director
480.998.6547
swhitlow@westernalliancebank.com

Investors:
Miles Pondelik
Director, Investor Relations & Corporate Development
602.346.7462
mpondelik@westernalliancebank.com