SEC Filing Summary: Western Alliance Bancorporation (8-K)
Business Context and Reporting Period
This Form 8-K was filed by Western Alliance Bancorporation on May 2, 2023, reporting events that occurred on the same date. The filing primarily addresses corporate actions taken by the Board of Directors regarding shareholder dividends.
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: $0.36 per share.
- Preferred Stock Dividend (Series A): $106.25 per share (equivalent to $0.265625 per depositary share).
Material Changes
No material changes to financial performance, operations, or capital structure were reported in this filing other than the declaration of the quarterly dividends.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, or discussion of contingencies. It is a routine disclosure of dividend payments.
Investor Verification Checklist
- Verify the record date for the common stock dividend is May 12, 2023.
- Confirm the payment date for the common stock dividend is May 26, 2023.
- Verify the record date for the Preferred Stock Series A dividend is June 15, 2023.
- Confirm the payment date for the Preferred Stock Series A dividend is June 30, 2023.
- Note that this filing does not contain updated financial performance data; refer to the most recent 10-Q or 10-K for operational metrics.