Investor Presentaiton
Demonstrated Conservative Credit Culture
Classified Loans / Loans
·
Non-Accrual Loans / Loans
2.99%
2.18%
2.09%
2.07%
2.40%
1.80%
1.63%
1.41% 1.39%
1.44%
1.31%
1.87%
1.50%
1.14% 1.14% 1.18%
0.82%
0.70%
0.74% 0.71%
2013 2014 2015 2016 2017 2018 2019 2020 2021 MRQ²
0.24%
1.11%
0.77%
0.81%
•
0.73%
0.70%
0.55%
0.55%
0.44%
0.40%
0.56%
0.33%
•
0.27%
0.44%
0.43%
0.31% 0.29%
0.27%
0.16%
0.19%
0.16%
2013 2014 2015 2016 2017 2018 2019 2020 2021 MRQ²
Net Charge-Offs / Average Loans
0.14%
0.21%
0.17%
0.18%
0.16%
0.15%
0.11%
0.11%
00
0.06%
0.07%
0.02%
0.06%
0.06%
0.01%
0.02%
0.02% 0.01%
WA
Western Alliance
Bancorporation®
-0.06%
-0.07%
2013 2014 2015 2016 2017 2018 2019 2020 2021 MRQ²
WAL
Peers
--Top Quartile
•
Highlights
A decade of business transformation has
resulted in consistent relative
outperformance in asset quality and credit
metrics
Asset quality remained strong during
height of the pandemic
Improvement / stabilization in non-
accruals reflects timely identification and
resolution of problem loans before
realizing losses
Credit mitigation expertise is critical with
a weaker macro backdrop
•
27% of loan portfolio is now credit
protected, consisting of government
guaranteed, Credit Linked Notes-protected,
and cash secured assets¹
Note: Peers consist of 33 publicly traded banks headquartered in the US with total assets between $25B and $150B, excluding target banks of pending acquisitions, as of
December 31, 2022; Source: S&P Global Market Intelligence.
1) As of December 31, 2022, CLNs cover a substantial portion of Equity Fund Resources ($1.6 billion), Residential ($9.7 billion) and Warehouse Lending ($689 million) loans | 11
outstanding.
2) MRQ is Q4-22 for WAL and most peers and Q3-22 for the remainder.View entire presentation