1、2021Annual ReportFor Western Alliance Bank,2021 was a watershed year.We broke many of our own records for balance sheet growth,total net revenue and earnings,while thoughtfully expanding into new business lines,technologies and geographies that will make us an even stronger,more diversified bank.For
2、 the year,total assets ended just shy of$56 billion,with loans growing 44%year over year to$39.1 billion and deposits rising 49%to$47.6 billion.This strong balance sheet momentum propelled record net revenues of$2.0 billion,net income of$899 million,and earnings per share(EPS)of$8.67 a 72%increase o
3、ver EPS for 2020.Dear Fellow Shareholders,Letter from President and Chief Executive Officer,Kenneth A.VecchioneSucceeding Today,Innovating for the Future0112 Consecutive Years of Rising EarningsWestern Alliances success over many years in fact,2021 marks our twelfth consecutive year of rising earnin
4、gs stems from working to support our clients as a trusted advisor and banking partner,however and wherever they do business nationwide.When a bank can solve problems,streamline pathways to growth and create noticeable efficiencies,clients tell us were an important factor in their own success.To be“c
5、lient-obsessed”might sound like an overstatement,but its the core of what we do.Our results,for our clients and our shareholders,continue to demonstrate the unique benefits of Western Alliances national commercial business strategy.This targeted and flexible set of national capabilities positions ou
6、r company as one of the countrys premier commercial banks that consistently generates leading balance sheet and earnings growth with superior asset quality across economic cycles.One of the hallmarks of our national commercial business strategy is the ability to develop focused,specialty banking bus