Western Alliance (WAL) declares Q1 2026 cash dividends on common and Series A preferred shares

Rhea-AI Filing Summary

Western Alliance Bancorporation announced regular quarterly cash dividends on its common and preferred stock. The Board of Directors declared a quarterly dividend of $0.42 per share of common stock, payable on March 6, 2026 to shareholders of record on February 20, 2026.

The Board also approved a quarterly dividend on the company’s 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, of $106.25 per preferred share, equivalent to $0.265625 per depositary share, payable on March 30, 2026 to shareholders of record on March 13, 2026.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported):  February 5, 2026

WESTERN ALLIANCE BANCORPORATION

(Exact name of registrant as specified in its charter)

Delaware

001-32550

88-0365922

(State or other jurisdiction of incorporation)

(Commission File Number)

(IRS Employer Identification No.)

One E. Washington Street, Phoenix, Arizona  85004

 (Address of principal executive offices)               (Zip Code)

(602) 389-3500

(Registrant's telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.0001 Par Value

WAL

New York Stock Exchange

Depositary Shares, Each Representing a 1/400th Interest in a Share of 4.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A

WAL PrA

New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

ITEM 8.01. OTHER EVENTS.

Quarterly Common and Preferred Stock Dividend.

At the meeting of the Board of Directors (the “Board”) of Western Alliance Bancorporation held on February 5, 2026, the Board declared a quarterly cash dividend of $0.42 per share of common stock. The dividend will be payable on March 6, 2026 to shareholders of record as of February 20, 2026.

The Board also declared a quarterly cash dividend of $106.25 per share (equivalent to $0.265625 per depositary share) on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable on March 30, 2026 to shareholders of record as of March 13, 2026.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

104  Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

			WESTERN ALLIANCE BANCORPORATION
			(Registrant)
			/s/ Dale Gibbons
			Dale Gibbons
			Vice Chairman and
			Chief Banking Officer, Deposit Initiatives and Innovation (Principal Financial Officer)
Date:			February 5, 2026

FAQ

What dividend did Western Alliance Bancorporation (WAL) declare on its common stock?

Western Alliance Bancorporation declared a quarterly cash dividend of $0.42 per share on its common stock. The dividend will be paid on March 6, 2026 to shareholders who are on record as of February 20, 2026.

When will Western Alliance (WAL) pay its Q1 2026 common stock dividend?

The common stock dividend will be paid on March 6, 2026. Shareholders must be on record as of February 20, 2026 to receive the quarterly cash dividend of $0.42 per share declared by the Board of Directors.

What is the preferred stock dividend Western Alliance (WAL) announced for Series A?

For its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, Western Alliance declared a quarterly dividend of $106.25 per preferred share, which equals $0.265625 per depositary share, payable on March 30, 2026.

What are the record dates for Western Alliance’s common and preferred dividends?

The record date for the $0.42 per share common dividend is February 20, 2026. The record date for the Series A preferred dividend of $106.25 per share (or $0.265625 per depositary share) is March 13, 2026.

How much will each Western Alliance (WAL) Series A depositary share receive in dividends?

Each depositary share representing a 1/400th interest in Western Alliance’s Series A preferred stock will receive a quarterly cash dividend of $0.265625 per depositary share. This amount corresponds to a $106.25 dividend paid on each full preferred share.

Who approved the latest Western Alliance (WAL) dividends?

The quarterly cash dividends on both common stock and Series A preferred stock were declared by the Board of Directors of Western Alliance Bancorporation at its meeting held on February 5, 2026, as disclosed in the current report.