Recent Updates — WAL
Western Alliance Bancorporation reported third-quarter 2026 net income of $277.2 million and diluted earnings per share of $2.45, an increase of 6.4% and 7.5% respectively from the prior year period. Pre-provision net revenue reached $419.1 million, up 6.4% year-over-year, while net interest income grew to $807.6 million with a net interest margin of 3.57%. The company repurchased $92.1 million in shares during the quarter and paid quarterly common dividends of $0.42 per share. Western Alliance Bancorporation operates as a commercial banking holding company providing tailored business banking solutions and consumer products.
Western Alliance Bancorporation's Board of Directors declared a quarterly cash dividend of $0.42 per share of common stock, payable on August 27, 2026 to shareholders of record as of August 13, 2026. The company 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, payable on September 30, 2026 to shareholders of record as of September 15, 2026. Western Alliance Bancorporation operates in the banking industry and provides financial services.