Western Alliance Bancorporation (WAL) 2020年年度报告「NYSE」.pdf

1、Annual Report 20201Everything our clients expect from Western Alliance seamless decision-making,responsiveness,true expertise and a focus on their needs was exactly what we continued to deliver.Kenneth A.VecchionePresident and Chief Executive Officer 32ExcellenceDear Fellow Shareholders,Our country

2、and our company have come through an exceptionally difficult year.Now,in spring 2021,were acting on an increasingly positive outlook as vaccine availability and adoption give all of us the footing to move forward in an economy poised for greater recovery.COVID-19 led to a cascade of unexpected strug

3、gles for people,for communities and certainly for businesses.For Western Alliance Bank,this created a challenging and complex environment,but our remarkable people more than met the moment.With grit and a defining entrepreneurial spirit,our people at every level supported clients and each other to d

4、eliver extraordinary results.Western Alliance successfully sustained results through our nimble national commercial bank strategy in which we allocate capital and liquidity to business units and markets with strong asset quality to deliver robust returns in various economic cycles.This strategy dist

5、inguishes us from our bank peers and uniquely positions us in the industry to pivot growth between regional commercial segments and our national business lines.In 2020,Western Alliance Bank broke many of our own records for balance sheet growth,net interest income and earnings.Kenneth A.VecchionePre

6、sident and Chief Executive Officer In Turbulent Times4Because the core of our business model is a relationship with customers,our in-depth knowledge helped us help them from round-the-clock efforts to secure Paycheck Protection Program(PPP)loans to working with clients to manage through a challengin