<div id="readability-page-1"><p><strong>Western Alliance Bancorporation</strong> (NYSE:WAL - Get Free Report) announced a quarterly dividend on Thursday, February 5th. Investors of record on Friday, February 20th will be given a dividend of 0.42 per share by the financial services provider on Friday, March 6th. This represents a c) annualized dividend and a yield of 1.8%. The ex-dividend date is Friday, February 20th.</p><ul><li>3 Regional Bank Stocks That Crushed Q3 Earnings</li></ul><p>Western Alliance Bancorporation has raised its dividend payment by an average of 0.1%per year over the last three years and has increased its dividend every year for the last 5 years. Western Alliance Bancorporation has a dividend payout ratio of 15.9% meaning its dividend is sufficiently covered by earnings. Analysts expect Western Alliance Bancorporation to earn $10.44 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 16.1%. </p><h2>Western Alliance Bancorporation Stock Up 2.9%</h2><p>Shares of NYSE WAL traded up $2.65 on Friday, reaching $93.76. 309,573 shares of the company's stock traded hands, compared to its average volume of 931,755. The business's 50 day simple moving average is $87.13 and its two-hundred day simple moving average is $84.01. Western Alliance Bancorporation has a 12 month low of $57.05 and a 12 month high of $94.09. The company has a market cap of $10.32 billion, a price-to-earnings ratio of 10.74, a price-to-earnings-growth ratio of 0.78 and a beta of 1.37. The company has a quick ratio of 0.79, a current ratio of 0.83 and a debt-to-equity ratio of 0.83. </p><ul><li>Banking and trucking: Is the economy rolling toward troubles?</li></ul><p>Western Alliance Bancorporation (NYSE:WAL - Get Free Report) last posted its quarterly earnings data on Monday, January 26th. The financial services provider reported $2.59 earnings per share for the quarter, beating analysts' consensus estimates of $2.40 by $0.19. The company had revenue of $980.90 million during the quarter, compared to analyst estimates of $912.69 million. Western Alliance Bancorporation had a return on equity of 13.33% and a net margin of 18.04%.During the same quarter last year, the company earned $1.95 EPS. The firm's revenue for the quarter was up 17.0% on a year-over-year basis.  As a group, equities research analysts forecast that  Western Alliance Bancorporation will post 9.05 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>WAL has been the topic of several recent analyst reports. JPMorgan Chase &amp; Co.  reissued a &#34;neutral&#34; rating and set a $105.00 price objective (up from $100.00) on shares of Western Alliance Bancorporation in a research report on Wednesday, January 28th. Barclays  reiterated an &#34;overweight&#34; rating on shares of Western Alliance Bancorporation in a report on Monday. Keefe, Bruyette &amp; Woods boosted their price objective on shares of Western Alliance Bancorporation from $98.00 to $101.00 and gave the stock an &#34;outperform&#34; rating in a report on Wednesday, January 28th. Wells Fargo &amp; Company cut their target price on Western Alliance Bancorporation from $90.00 to $85.00 and set an &#34;underweight&#34; rating on the stock in a research note on Thursday, October 23rd. Finally, Citigroup lifted their target price on Western Alliance Bancorporation from $104.00 to $107.00 and gave the stock a &#34;buy&#34; rating in a report on Friday, January 30th. Eleven analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and an average price target of $103.73.</p><ul><li>PacWest, First Horizon Shares Plummet On Continued Bank Worries</li></ul><p><b>Read Our Latest Analysis on Western Alliance Bancorporation</b></p><h2>Western Alliance Bancorporation Company Profile</h2> (Get Free Report)<p>Western Alliance Bancorporation is a bank holding company headquartered in Phoenix, Arizona. Through its principal subsidiary, Western Alliance Bank, the company provides a range of banking services to commercial clients, entrepreneurs and real estate developers. As one of the largest regional banks in the western United States, it focuses on relationship-driven banking solutions tailored to niche industries and growing businesses.  </p><p>The company's core offerings include deposit products, treasury management and a variety of lending services.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Western Alliance Bancorporation</li><li>NEW LAW: Congress Approves Setup For Digital Dollar?</li><li>Your Bank Account Is No Longer Safe</li><li>“Fed Proof” Your Bank Account with THESE 4 Simple Steps</li><li>What a Former CIA Agent Knows About the Coming Collapse</li><li>Wall Street’s New Sports Prediction Trade</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdBTA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/DividendChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVdBTA"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Western Alliance Bancorporation Right Now?</h2><p>Before you consider Western Alliance Bancorporation, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Western Alliance Bancorporation wasn't on the list.</p><p>While Western Alliance Bancorporation currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Western Alliance Bancorporation (NYSE:WAL) announced a quarterly dividend of $0.42 per share, payable on March 6th to stockholders of record on February 20th. This represents an annualized dividend yield of 1.8%. The company has consistently raised its dividend over the past five years, with a payout ratio of 15.9%. Analysts expect earnings of $10.44 per share next year, indicating continued dividend coverage. The stock recently traded at $93.76, up 2.9%, with a market cap of $10.32 billion and a price-to-earnings ratio of 10.74.</p>

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Western Alliance Bancorporation to Issue Quarterly Dividend of $0.42 (NYSE:WAL)