 Anderson joined Allegiant in 2010, and prior to joining the company, Anderson worked for U.S. Airways and Ernst & Young, where his primary focus was the commercial aviation sector. Allegiant also announced they were suspending the dividend, effective immediately. Western Alliance reported second-quarter earnings per share of $1.75, down from $1.96 a year earlier, although analysts were expecting $1.70. The company saw an improvement in spread income, which was offset by lower fee income and non-interest expenses.