Western Alliance Ranks #1 for Performance on S&P Global Market Intelligence’s List of 50 Largest Public U.S. Banks for 2020
PHOENIX–(BUSINESS WIRE)–Western Alliance Bancorporation (NYSE: WAL) is the nation’s top-performing among the 50 largest public U.S. banks for 2020, according to a new report from S&P Global Market Intelligence. The bank earned the #1 position for the second year in a row.
S&P Global Market Intelligence recognized Western Alliance Bancorporation, parent of Western Alliance Bank, in particular for its strong earnings growth and resilient credit performance in 2020. The ranking is based on three major categories: growth, weighted at 35%, profitability, weighted at 35%, and safety and soundness, weighted at 30%.
“This important balance of exceptional growth without compromising our longstanding conservative credit…