Western Alliance Bancorporation 8-K Summary
Business Context and Reporting Period
Western Alliance Bancorporation filed a Form 8-K Current Report on May 1, 2025. The filing reports corporate actions taken by the Board of Directors during a meeting held on the same date.
Key Financial Metrics
This filing does not contain revenue, profit, cash flow, margin, debt, or liquidity metrics. It is limited to the declaration of cash dividends.
Material Changes and Events
The Board declared the following quarterly cash dividends:
- Common Stock: $0.38 per share.
- Preferred Stock (Series A): $106.25 per share (equivalent to $0.265625 per depositary share).
Payment and Record Dates
| Security Class | Record Date | Payment Date |
|---|---|---|
| Common Stock | May 15, 2025 | May 30, 2025 |
| Preferred Stock, Series A | June 13, 2025 | June 30, 2025 |
Guidance, Outlook, and Risks
The filing text does not provide guidance, outlook, management commentary, risks, contingencies, or unusual items beyond the dividend declaration.
Investor Verification Checklist
- Verify the ex-dividend dates for Common and Preferred stock based on the declared record dates.
- Confirm the total dividend yield impact relative to the current market price of WAL and WAL PrA.
- Review the company's most recent 10-Q or 10-K for underlying earnings and liquidity data supporting the dividend payout.