![]() ![]() ![]() Examples of forward-looking statements include, among others, statements we make regarding our expectations with regard to our business, financial and operating results, including deposit balances and capital ratios, future economic performance and dividends. This release contains forward-looking statements that relate to expectations, beliefs, projections, future plans and strategies, anticipated events or trends and similar expressions concerning matters that are not historical facts. For more information, visit .Ĭautionary Note Regarding Forward-Looking Statements 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. Major accolades include being ranked #1 top-performing large bank with assets greater than $50 billion in 2021 by both American Banker and Bank Director. Through its primary subsidiary, Western Alliance Bank, Member FDIC, business clients benefit from a full spectrum of tailored banking solutions and outstanding service delivered by industry experts who put customers first. With more than $65 billion in assets, Western Alliance Bancorporation (NYSE:WAL) is one of the country’s top-performing banking companies. We expect CET1 to continue to rise from year end levels to 9.5% or higher at first quarter endĪsset quality remains excellent, and we have experienced no significant changes since year end, including classified assets, non-performing assets, and charge-offsįurthermore, Western Alliance affirms its full-year deposit growth guidance of 13% – 17% Held to maturity securities of less than 2% of assets with an unrecognized adverse mark of only $192 million, as of Ĭapital remains strong with CET1 of 9.32%, as of. Unpledged available for sale marketable securities of $5.3 billion with an adverse mark of $383 million already captured in Accumulated Other Comprehensive Income (AOCI), as of, that could be liquidated or pledged to provide additional liquidity, if needed Uncommitted credit lines from various financial institutions of $4.6 billion with a $198 million balance, as of įully collateralized credit facility from the Federal Reserve Bank of San Francisco of $5.2 billion with a $0 balance, as of Liquidity remains robust with available liquidity, as of :Ĭash held on balance sheet of approximately $2.5 billion, as of įully collateralized credit facility from the Federal Home Loan Bank of San Francisco of $13.1 billion with a $0 balance, as of Total Equity Fund Resources & Life Sciences deposits of $1.5 billion, which are up $118 million quarter to date, as of Total technology-related deposits of $6.5 billion, which are down $201 million quarter to date, as of The company expects deposits to moderately decline from these levels by quarter end due to typical seasonal and monthly activity Total deposits of $61.5 billion, an increase of $7.8 billion since year end, led by our deposit verticals of Settlement Services, Home Owner Associations and Mortgage Warehouse. PHOENIX-( BUSINESS WIRE)-Western Alliance Bank (NYSE: WAL), in light of recent industry events, updates the following financial (unaudited) information:ĭeposits remain strong with the following balances, as of :
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