W
WAL'A
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 4.25%, 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 (96 issues with a current yield): yield 4.25% vs avg 6.94% · discount -0.0% vs avg -15.5%
Quote
| WAL'A (preferred) | WAL (common) | |
|---|---|---|
| As of | 2026-09-14 | 2026-09-14 |
| Last | $24.99 | $79.18 |
| Change | +0.06 (+0.24%) | -0.11 (-0.14%) |
| Open | $24.99 | $78.81 |
| High / Low | $25.03 / $24.95 | $80.74 / $78.59 |
| Prev Close | $24.93 | $79.29 |
| Volume | 13,832 | 959,328 |
| 52-Week High / Low | $25.13 / $20.59 | $97.23 / $65.81 |
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 |
|---|---|
| 2026-06-15 | $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 |
| 2023-09-14 | $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 to Participate in Fireside Chat at Barclays Global Financial Services Conference · finance.yahoo.com · Sep 14, 2026
- Understanding Momentum Shifts in (WAL) · news.stocktradersdaily.com · Sep 14, 2026
- Tidal Investments LLC Buys 31,142 Shares of Western Alliance Bancorporation $WAL · thelincolnianonline.com · Sep 13, 2026
- Public Employees Retirement System of Ohio Purchases Shares of 33,231 Western Alliance Bancorporation $WAL · thelincolnianonline.com · Sep 06, 2026
- Walrus (WAL) Price Hits $0.0253 on Major Exchanges · thelincolnianonline.com · Sep 04, 2026
- Precision Trading with Western Alliance Bancorporation (de) (WAL) Risk Zones · news.stocktradersdaily.com · Sep 03, 2026
Issuer news via Tiingo, filtered to stories about WAL.