Western Alliance Bancorporation has announced the declaration of quarterly cash dividends for both its common and preferred stock. This decision, made by the Board of Directors on October 30, 2026, highlights the company's financial stability and commitment to returning value to its shareholders.

The Board declared a cash dividend of $0.46 per share on its common stock, which will be payable on November 27, 2026, to shareholders of record as of November 12, 2026. Additionally, a quarterly cash dividend of $209.00 per share (equivalent to $0.5225 per depositary share) was declared on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. This preferred stock dividend will be payable on December 30, 2026, to shareholders of record as of December 15, 2026.

Background

Western Alliance Bancorporation, incorporated in Delaware, operates in the state commercial banking sector (SIC 6022). The company is publicly traded on the New York Stock Exchange under the ticker symbols WAL and WAL-PA. As a large accelerated filer, it is subject to stringent reporting requirements, ensuring transparency and accountability to its investors.

What the Filing Says

The recent filing states, "Pursuant to a unanimous written consent, dated October 30, 2026, the Board of Directors... declared a quarterly cash dividend of $0.46 per share of common stock." It further notes the declaration of the preferred stock dividend, emphasizing the company's ongoing commitment to shareholder returns.

Impact

This announcement may positively affect shareholders and investors by providing them with consistent returns. The declared dividends reflect the company's robust financial health and its ability to generate profits, which is essential in the competitive landscape of state commercial banks.

What's Next

The filing does not say what happens next.