Western Alliance Bancorp Files 8-K on Financial Results
Ticker: WAL-PA · Form: 8-K · Filed: Jan 25, 2024 · CIK: 1212545
| Field | Detail |
|---|---|
| Company | Western Alliance Bancorporation (WAL-PA) |
| Form Type | 8-K |
| Filed Date | Jan 25, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: earnings, financial-condition, results-of-operations
TL;DR
**WAL just dropped an 8-K on financial results, time to check the numbers!**
AI Summary
Western Alliance Bancorporation filed an 8-K on January 25, 2024, to report its results of operations and financial condition. This filing, under Items 2.02 and 9.01, indicates the company is providing an update on its financial performance. For investors, this matters because it offers a timely look into the bank's health and operational efficiency, which can influence stock valuation and future investment decisions.
Why It Matters
This filing provides investors with crucial, up-to-date information on Western Alliance Bancorporation's financial health, directly impacting their assessment of the company's performance and future prospects.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial results, which is standard for public companies and does not inherently signal new risks.
Analyst Insight
A smart investor would review the detailed financial statements and results of operations once they become available to understand the company's performance and any potential impacts on its stock.
Key Numbers
- $0.0001 — Common Stock Par Value (This is the stated par value for Western Alliance Bancorporation's Common Stock.)
Key Players & Entities
- WESTERN ALLIANCE BANCORPORATION (company) — the registrant filing the 8-K
- New York Stock Exchange (company) — where WAL's securities are registered
- $0.0001 (dollar_amount) — par value of Common Stock
FAQ
What is the purpose of this 8-K filing by Western Alliance Bancorporation?
This 8-K filing, dated January 25, 2024, is made pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 and reports on 'Results of Operations and Financial Condition' and 'Financial Statements and Exhibits' under Item Information.
What is the earliest event reported date for this 8-K filing?
The Date of Report (Date of earliest event reported) for this filing is January 25, 2024.
Where is Western Alliance Bancorporation's Common Stock traded?
Western Alliance Bancorporation's Common Stock, with a $0.0001 Par Value, is registered on the New York Stock Exchange under the trading symbol WAL.
What is the trading symbol for Western Alliance Bancorporation's Preferred Stock?
The Depositary Shares, Each Representing a 1/400th Interest in a Share of 4.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A, trade under the symbol WAL PrA on the New York Stock Exchange.
What is the state of incorporation for Western Alliance Bancorporation?
Western Alliance Bancorporation is incorporated in Delaware.
Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 12 · Accepted 2024-01-25 16:12:51
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 Par Value WAL New York Stock Exchange
Filing Documents
- wal-20240125.htm (8-K) — 31KB
- pressrelease-12312023.htm (EX-99.1) — 1307KB
- walq42023earningspresent.htm (EX-99.2) — 38KB
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- walq42023earningspresent023.jpg (GRAPHIC) — 99KB
- 0001212545-24-000005.txt ( ) — 5409KB
- wal-20240125.xsd (EX-101.SCH) — 3KB
- wal-20240125_def.xml (EX-101.DEF) — 16KB
- wal-20240125_lab.xml (EX-101.LAB) — 32KB
- wal-20240125_pre.xml (EX-101.PRE) — 17KB
- wal-20240125_htm.xml (XML) — 4KB
02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION . On January 25, 2024, Western Alliance Bancorporation (the "Company") issued a press release reporting results for the fiscal quarter ended December 31, 2023 and posted on its website its fourth quarter 2023 Earnings Conference Call Presentation, which contains certain additional historical and forward-looking information relating to the Company. Copies of the press release and presentation slides are attached hereto as Exhibits 99.1 and 99.2, respectively. The information in this report (including Exhibits 99.1 and 99.2 hereto) is being "furnished" and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, is not subject to the liabilities of that section and is not deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly set forth by specific reference in such filing.
01. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. 99.1 Press Release dated January 2 5 , 20 24 99.2 Fourth Quarter 2023 Earnings Conference Call dated January 2 6 , 20 24 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. WESTERN ALLIANCE BANCORPORATION (Registrant) /s/ Dale Gibbons Dale Gibbons Executive Vice President and Chief Financial Officer Date: January 25, 2024