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An update from Western Alliance ( (WAL) ) is now available.
At its April 30, 2026 board meeting, Western Alliance Bancorporation declared a quarterly cash dividend of $0.42 per share on its common stock, payable on May 29, 2026 to shareholders of record as of May 14, 2026. The decision underscores the bank’s ongoing return of capital to common shareholders and signals confidence in its earnings and balance-sheet position.
The board also approved a quarterly cash dividend of $106.25 per share, or $0.265625 per depositary share, on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, payable on June 30, 2026 to shareholders of record as of June 15, 2026. This preferred dividend maintains the company’s established capital structure and provides predictable income for preferred investors, reinforcing stability in its funding and investor-relations strategy.
The most recent analyst rating on (WAL) stock is a Buy with a $96.00 price target. To see the full list of analyst forecasts on Western Alliance stock, see the WAL Stock Forecast page.
Spark’s Take on WAL Stock
According to Spark, TipRanks’ AI Analyst, WAL is a Neutral.
WAL scores highest on valuation (low P/E) and has a generally favorable operating outlook from management’s 2026 guidance. The score is held back primarily by unstable multi-year cash flow generation and a mixed technical setup, with additional risk from the recent default/charge-off and related uncertainty.
To see Spark’s full report on WAL stock, click here.
More about Western Alliance
Western Alliance Bancorporation is a U.S. regional banking company that provides commercial and consumer banking services through its network of banking subsidiaries. The company focuses on lending, deposit services, and treasury management solutions for businesses and individuals, with a particular emphasis on serving regional markets and specialized client segments.
Average Trading Volume: 1,427,720
Technical Sentiment Signal: Hold
Current Market Cap: $8.75B
Learn more about WAL stock on TipRanks’ Stock Analysis page.