Investor Presentaiton
Impact and Response to COVID-19 Pandemic
Western Alliance is actively engaged with our people, customers and the communities
we serve to help weather the current environment and be best positioned for future
recovery.
Overview
of
■
Focusing on well-being of our people, customers and communities
- Mandatory work from home, and COVID prevention recommendations
- Employees remain healthy and engaged
■ Business continuity plan operating as expected
Began preparing early (Mid- to late-January)
- Assessed potential risks and mitigants
-
Segregated portfolio into risk segments with senior SMEs leading monitoring & mitigation
strategy
WAL'S
COVID-19
Response
- Accelerated implementing risk management actions in mid-February
- Tightened underwriting standards
■ Prioritizing asset quality, capital, and liquidity access
- Arrived in position of strength and uniquely prepared to address what's ahead
- Current TCE / TA of 9.4%, in excess of peer levels
- Significant liquidity access: Robust and diverse deposit sources and $10Bn of available liquidity
- Stable asset quality entering into recession
WA
Note: Peers consist of 56 publicly-traded banks with total assets between $15B and $150B, excludes companies headquartered in Puerto Rico, mutual holding
companies, target banks of pending acquisitions, and the minority parties in pending MOES as of March 31, 2020; S&P Global Market Intelligence
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