Western Alliance Bancorporation experienced a significant year-over-year increase in deposits, reaching $66.3 billion in the fourth quarter, up from $55.3 billion in the same period last year. This surge in liquidity signals the company's strategy to prioritize loan growth while maintaining a healthy loan-to-deposit ratio.
Western Alliance Bancorporation recorded an $11 billion increase in year-over-year deposits, underscoring the financial services company’s strategy to prioritize liquidity over loan growth .
Phoenix-based Western Alliance , a holding company that operates Alliance Bank of Arizona along with banks in Nevada and California, had “strong momentum” in the fourth quarter with “healthy earnings growth, sustained operating leverage and resilient asset quality,” Dale Gibbons, interim CEO of Western Alliance, said in a statement.
DEPOSITS LOAN GROWTH WESTERN ALLIANCE BANKING FINANCE
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