---
title: "Western Alliance Declares Quarterly Common and Preferred Dividends"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294427975.md"
description: "Western Alliance Bancorporation declared a $0.42 quarterly common dividend and a $106.25 preferred dividend, payable in August and September 2026 respectively. The decision highlights the bank's commitment to capital returns. Analysts maintain a 'Buy' rating with a $93 price target, while TipRanks' AI suggests a 'Neutral' stance based on solid profitability but weak cash flow."
datetime: "2026-07-30T21:51:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294427975.md)
  - [en](https://longbridge.com/en/news/294427975.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294427975.md)
generator: "portal-rs"
---

# Western Alliance Declares Quarterly Common and Preferred Dividends

An update from Western Alliance ( (WAL) ) is now available.

At its July 30, 2026 board meeting, Western Alliance Bancorporation declared a quarterly cash dividend of $0.42 per share on its common stock, payable on August 27, 2026 to shareholders of record as of August 13, 2026. The decision underscores the bank’s continued capital return to common shareholders and reflects its ongoing commitment to maintaining regular income streams for investors.

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 September 30, 2026 to holders of record on September 15, 2026. This preferred dividend supports Western Alliance’s hybrid capital structure and provides steady returns to preferred stock investors alongside common shareholders.

The most recent analyst rating on (WAL) stock is a Buy  
 with a $93.00 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 a solid profitability/leverage picture but weighed down by persistently weak cash flow generation. A low P/E and moderate dividend yield provide meaningful valuation support, while technicals are largely neutral. The latest earnings call adds a positive tilt via higher NII growth guidance, deposit optimization, and planned buybacks, partially offset by lowered growth/fee guidance and some credit/funding-cost risks.

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 subsidiaries. The company focuses on deposit-taking, lending, and related financial services for businesses and individuals, generating returns for shareholders through both operating performance and regular dividend distributions.

**Average Trading Volume:** 1,098,189

**Technical Sentiment Signal:** Strong Buy

**Current Market Cap:** $9.13B

For a thorough assessment of WAL stock, go to TipRanks’ Stock Analysis page.

### Related Stocks

- [WAL.US](https://longbridge.com/en/quote/WAL.US.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**