Western Alliance Bancorporation WAL Number of statutory business trusts
Number of statutory business trusts at other companies
Other financials
Where this comes from
Reported directly by Western Alliance Bancorporation in its filing.
Tagged under the XBRL concept wal:NumberofStatutoryBusinessTrustsFormedorAcquired.
The source filing: Western Alliance Bancorporation’s 10-Q, filed May 11, 2026.
- Filed
- May 10, 2026, 8:00 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0001628280-26-033054
The Company has formed or acquired through acquisition eight statutory business trusts, which exist for the exclusive purpose of issuing Cumulative Trust Preferred Securities. Trust Preferred Securities are hybrid financial instruments, primarily issued by bank holding companies to raise capital. The obligations under these instruments are fully and unconditionally guaranteed by the Company and rank subordinate and junior in right of payment to all other liabilities of the Company. In the event of certain changes or amendments to regulatory requirements or federal tax rules, the debt is redeemable in whole. Based on guidance issued by the FRB, the Company's securities continue to qualify as Tier 1 Capital.
Item 1. Financial Statements (Unaudited)
FAQ
- What is Western Alliance Bancorporation's number of statutory business trusts?
- Western Alliance Bancorporation (WAL) reported number of statutory business trusts of 8 in Q1 2026.
- How has Western Alliance Bancorporation's number of statutory business trusts changed year-over-year?
- Western Alliance Bancorporation's number of statutory business trusts decreased by 0.0% year-over-year, from 8 to 8.
- What does number of statutory business trusts mean?
- The total count of statutory business trusts established or acquired by the bank for the purpose of issuing trust preferred securities or other financing vehicles. This metric reflects the bank's structural approach to managing regulatory capital and long-term debt obligations.
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