Western Alliance declares quarterly dividends on common, preferred

The latest update is out from Western Alliance ( (WAL) ).

At a Board of Directors meeting held on February 5, 2026, Western Alliance Bancorporation declared a quarterly cash dividend of $0.42 per share on its common stock, payable on March 6, 2026, to shareholders of record as of February 20, 2026, underscoring the bank’s continued commitment to returning capital to common shareholders. 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 March 30, 2026, to shareholders of record as of March 13, 2026, maintaining predictable income streams for preferred investors and signaling ongoing financial stability in its capital structure.

The most recent analyst rating on (WAL) stock is a Buy with a $106.00 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.

The score is driven primarily by decent financial performance but held back by weak TTM cash flow and softer revenue growth. Valuation is a clear positive (low P/E), technicals show a constructive trend, and the latest earnings call supports the outlook with strong growth guidance—tempered by near-term credit and rate-sensitivity risks.

To see Spark’s full report on WAL stock, click here.

More about Western Alliance

Western Alliance Bancorporation is a U.S.-based banking company that operates in the financial services industry, providing commercial and consumer banking products to a broad base of depositors and shareholders. Its capital return policies, including common and preferred stock dividends, are a key component of its appeal to income-focused investors in the banking sector.

Average Trading Volume: 882,149

Technical Sentiment Signal: Buy

Current Market Cap: $10.14B

Find detailed analytics on WAL stock on TipRanks’ Stock Analysis page.