March 5, 2021
Business News

Western Alliance Bancorporation Reports Fourth Quarter and Full Year 2020 Financial Results


PHOENIX–()–Western Alliance Bancorporation (NYSE:WAL):

FOURTH QUARTER AND FULL YEAR 2020 FINANCIAL RESULTS

Net income

 

Earnings per share

 

PPNR1

 

Net interest margin

 

Efficiency ratio1

 

Book value per

common share

$193.6 million

 

$1.93

 

$206.4 million

 

3.84%

 

38.2%

 

$33.85

 

 

 

 

 

$30.901, excluding

goodwill and intangibles

 

“Western Alliance continued on the successful path it has paved from the start of the year and closed out the year with record revenues, PPNR1 and earnings,” said Kenneth Vecchione, President and Chief Executive Officer. “Our strategy to align…



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