Western Alliance Bancorporation (NYSE: WAL) is on The StockGuru Leader Board today. The stock closed up 6.08% on Thursday.
Volume was 880,724 shares traded.
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About the Company:
Western Alliance Bancorporation, a multi-bank holding company, provides various banking and related services to businesses, professional firms, real estate developers and investors, non-profit organizations, high net worth individuals, and other consumers in Nevada, Arizona, and California. The company offers various deposit products, including checking, savings, and money market accounts; other types of deposit accounts, such as fixed-rate and fixed maturity retail certificates of deposit; and non-interest bearing deposits comprising non-interest bearing checking accounts. It provides commercial real estate loans secured by apartment buildings, professional offices, industrial facilities, retail centers, and other commercial properties; and construction and land development loans, which comprise loans for industrial/warehouse properties, office buildings, retail centers, medical facilities, restaurants, and single-family homes. The company also offers commercial and industrial loans that include working capital lines of credit, inventory and accounts receivable lines, mortgage warehouse lines, equipment loans and leases, and other commercial loans; and consumer loans comprising home equity loans and lines of credit, home improvement loans, credit card loans, new and used automobile loans, and personal lines of credit. In addition, the company provides Internet banking, wire transfers, electronic bill payment, lock box, courier, and cash management services. Further, it offers various financial products and services, including financial planning, custody and investments, investment advisory, and equipment leasing services to small to mid-sized businesses and their proprietors. As of December 31, 2010, it operated 39 branch locations. The company is headquartered in Phoenix, Arizona.
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