SEC Filing Summary: Western Alliance Bancorporation (8-K)
Business Context and Reporting Period
This Form 8-K Current Report was filed by Western Alliance Bancorporation on October 31, 2024. The filing reports corporate actions taken by the Board of Directors on the same date regarding the declaration of quarterly cash dividends for both common and preferred stockholders.
Key Financial Metrics
The filing does not provide comprehensive financial statements, revenue, profit, cash flow, margins, debt, or liquidity metrics. The only financial data disclosed relates to dividend declarations:
- Common Stock Dividend: $0.38 per share.
- Preferred Stock Dividend (Series A): $106.25 per share (equivalent to $0.265625 per depositary share).
Material Changes
This report does not contain comparative financial data or analysis of material changes versus prior periods. It solely announces the declaration of dividends.
Guidance, Outlook, and Management Commentary
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies beyond the dividend announcement. The dividends are scheduled as follows:
- Common Stock: Payable November 29, 2024, to shareholders of record as of November 15, 2024.
- Preferred Stock (Series A): Payable December 30, 2024, to shareholders of record as of December 17, 2024.
Investor Verification Checklist
- Verify the record dates (November 15, 2024 for common; December 17, 2024 for preferred) to ensure eligibility for the declared dividends.
- Confirm the payment dates (November 29, 2024 for common; December 30, 2024 for preferred) for cash flow planning.
- Review the company's most recent 10-Q or 10-K filing for comprehensive financial performance data, as this 8-K does not include revenue, earnings, or balance sheet metrics.