W
WAL'A
NOW TRADING POST CALL DATE
About this security
WAL'A is a variable-rate non-cumulative perpetual preferred stock issued by Western Alliance Bancorporation, grouped under Banking & Savings. $25 liquidation preference, dividend rate currently 4.25% a year (initial rate 4.25%), current yield 4.36%, callable from 2026-09-30.
Western Alliance Bancorporation: . Organization Structure and Description of Services WAL is a bank holding company headquartered in Phoenix, Arizona, incorporated under the laws of the state of Delaware. WAL provides a full spectrum of customized loan, deposit, and treasury management capabilities, including funds transfer and other digital payment offerings through its wholly-owned banking subsidiary, WAB. Effective as of October 4, 2025, the Company completed its brand unity initiative, consolidating its legacy division bank brands: ABA, BON, FIB, Bridge, and TPB, under a single unified name, Western Alliance Bank. The Company also serves business customers through a national platform of specialized financial services, including mortgage banking services through AmeriHome and digital payment services for the class action legal industry. In addition, the Company has the following non-bank subsidiaries: CSI, a captive insurance company formed and licensed under the laws of the state of Arizona and established as part of the Company's overall enterprise risk management strategy and WATC, which provides corporate trust services and levered loan administration solutions. WAL also has unconsolidated subsidiaries used as business trusts in connection with issuance of trust-preferred securities as described in "Note 12. Qualifying Debt" in Item 8 of this Form 10-K. Company website
All Western Alliance Bancorporation securities and the issuer profile →
Key Stats ✓ Verified against SEC filing (prospectus linked below)
vs. Banking & Savings (94 issues with a current yield): yield 4.36% vs avg 7.29% · discount -2.6% vs avg -18.8%
Quote
| WAL'A (preferred) | WAL (common) | |
|---|---|---|
| As of | 2026-10-30 | 2026-10-29 |
| Last | $24.36 | $77.80 |
| Change | -0.23 (-0.94%) | +1.84 (+2.42%) |
| Open | $24.64 | $77.09 |
| High / Low | $24.65 / $24.28 | $77.83 / $76.94 |
| Prev Close | $24.59 | $75.96 |
| Volume | 57,568 | 1,114,715 |
| 52-Week High / Low | $25.13 / $20.59 | $97.23 / $65.81 |
Charts & data for WAL on Finviz ↗ Sponsored
End-of-day closes, dated in the first row. A quote 3 or more trading sessions old is flagged stale, and a stale common quote is withheld. Change and Prev Close compare with the previous session's close. 52-week range based on available history, adjusted for splits. Shares outstanding / market cap require a fundamentals feed (not in current data plan).
Price
Dividend History
| Ex-Date | Amount / Share |
|---|---|
| 2026-09-15 | $0.265625 |
| 2026-06-15 | $0.265625 |
| 2026-03-13 | $0.265625 |
| 2025-12-15 | $0.265625 |
| 2025-09-15 | $0.265625 |
| 2025-06-13 | $0.265625 |
| 2025-03-14 | $0.265625 |
| 2024-12-17 | $0.265625 |
| 2024-09-13 | $0.265625 |
| 2024-06-14 | $0.265625 |
| 2024-03-14 | $0.265625 |
| 2023-12-14 | $0.265625 |
Performance: $10K Calculator
Dividends reinvested (DRIP) at the close on each ex-date. Full performance page →
Prospectus (SEC 424B5)
We are offering 12,000,000 depositary shares, each representing a 1/400th ownership interest in a share of our 4.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, par value $0.0001 per share (the "Series A preferred stock"), with a liquidation preference of $25.00 per depositary share (equivalent to $10,000 per share of Series A preferred stock).
Use of proceeds: Net proceeds will be used for general corporate purposes, including supporting growth and capital adequacy and the potential redemption of $175 million of 6.25% subordinated debentures due July 1, 2056.
News: Western Alliance Bancorporation
- Western Alliance Bancorporation Reports Q3 2026 Total Assets of $98.1 Billion · kalkinemedia.com · Oct 30, 2026
- Data I/O Secures $7.5 Million Revolving Credit Line with Western Alliance Bank · kalkinemedia.com · Oct 29, 2026
- Western Alliance Bank review (2026): Earn 10x the national average on your savings · finance.yahoo.com · Oct 29, 2026
- Did Rising Charge Offs Just Shift Western Alliance's (WAL) Investment Narrative? · simplywall.st · Oct 29, 2026
- Critical Comparison: Western Alliance Bancorporation (NYSE:WAL) versus Bank of America (NYSE:BAC) · thelincolnianonline.com · Oct 28, 2026
- Can Western Alliance (NYSE:WAL) Sustain Its Earnings Growth? · kalkinemedia.com · Oct 26, 2026
Issuer news via Tiingo, filtered to stories about WAL.