WESTERN ALLIANCE BANCORPORATION 8-K

What Happened
Western Alliance Bancorporation (WAL) announced on Feb 5, 2026 that its Board declared quarterly cash dividends. The Board approved a $0.42 per share dividend on common stock, payable March 6, 2026 to shareholders of record as of February 20, 2026. It also declared a dividend on its 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 March 30, 2026 to holders of record as of March 13, 2026. The 8‑K was signed by Dale Gibbons, Vice Chairman and Principal Financial Officer.

Key Details

• Board meeting and declaration date: February 5, 2026 (8-K filed).
• Common stock dividend: $0.42 per share; record date Feb 20, 2026; pay date Mar 6, 2026.
• Series A preferred dividend: $106.25 per preferred share (or $0.265625 per depositary share); record date Mar 13, 2026; pay date Mar 30, 2026.
• Preferred security: 4.250% Fixed Rate Reset Non‑Cumulative Perpetual Preferred Stock, Series A.

Why It Matters
Declared dividends provide direct cash income to eligible shareholders and signal the Board’s current capital allocation decisions. Common‑shareholders who own shares before the Feb 20 record date will receive the $0.42 payment; preferred holders who own depositary shares before Mar 13 will receive the Series A dividend. Retail investors should note the record and payment dates to confirm eligibility and factor the cash payout into short‑term income expectations.