Western Alliance Bancorporation
S&P 500WAL/Financial Services · Banks - Regional/NYSE
Dividend Yield
2.08%
$1.64 · Annual Dividend
Dividend Safety Rating
WAL's dividend appears very safe. Strengths include a 18.6% earnings payout ratio & 11.4% fcf payout ratio. The dividend has been growing at a 9.30% 5-year CAGR. As a financial company, some traditional cash flow metrics are less applicable. The score focuses on earnings-based coverage and profitability.
Based on 10 of 10 metrics
Strengths
- Earnings Payout Ratio: 18.6%Low earnings payout ratio leaves room to grow the dividend.
- FCF Payout Ratio: 11.4%Free cash flow comfortably covers the dividend.
- Net Debt / Total Assets: 3.1%Healthy balance sheet with low net debt.
Risks
No material risks identified across rated metrics.
Payout & Coverage
Very SafeBalance Sheet
Very SafeProfitability
SafeDividend Track Record
Very SafeAbout Western Alliance Bancorporation
Western Alliance Bancorporation is a bank holding company that provides commercial and business banking services through Western Alliance Bank, its primary subsidiary. The company offers a broad range of products including loans, deposit accounts, treasury management, and digital payment solutions, with specialized capabilities for industries such as real estate, homeowner associations, mortgage banking, legal services, and other business-focused sectors. Its banking divisions serve clients across Arizona, California, Nevada, and other U.S. markets, combining local relationship banking with national reach. Western Alliance Bancorporation also provides niche financial services through subsidiaries involved in mortgage lending, corporate trust, and insurance-related activities, making it a diversified provider of business banking and specialty finance solutions.
Dividend Overview
Dividend Yield
2.08%
Annual Dividend
$1.64
Frequency
Quarterly
Payout Ratio
18.63%
FCF Payout Ratio
11.43%
52-Week Range
$65.82 - $97.23
Dividend History (2016–2025)
WAL annual dividend per share and yield history
Earnings & Profitability
WAL earnings per share and net profit margin
Key Dates
Last Ex-Dividend Date
May 14, 2026
Last Payment Date
May 29, 2026
Dividend Growth
3-Year Dividend CAGR
3.18%
5-Year Dividend CAGR
9.30%
10-Year Dividend CAGR
N/A
3-Year Total Growth
9.86%
5-Year Total Growth
56.00%
10-Year Total Growth
N/A
Income Calculator
Frequently Asked Questions
What is WAL's current dividend yield?
When is WAL's next dividend payment date?
How much does WAL pay in dividends per year?
Has WAL been increasing its dividend?
Is WAL's dividend safe?
How is WAL's Dividend Safety Rating calculated?
Want to understand how we rate dividend safety? Read our full methodology
Track WAL Dividends with OnlyDividends
What will WAL actually pay you after taxes? Track every payout, get notified on payment dates, and stop guessing.
This page is not investment advice. The content is for informational purposes only and should not be construed as a recommendation to buy, sell, or hold any security. Always do your own research and consult a qualified financial advisor before making investment decisions.
Financial data, including dividend history, earnings, balance sheet metrics, and the Dividend Safety Rating, is provided for informational purposes only. Data may be delayed or differ from official filings. Past performance does not guarantee future results. Always verify with official sources before making investment decisions.
Market data provided by Twelve Data.