WAL Updates Registered Securities on NYSE

TL;DR

**WAL just confirmed its common and preferred stock are listed on the NYSE.**

AI Summary

Western Alliance Bancorporation filed an 8-K on February 6, 2024, to update the securities registered under Section 12(b) of the Securities Exchange Act of 1934. The filing specifically lists their Common Stock, $0.0001 Par Value (trading symbol WAL) and Depositary Shares representing a 1/400th interest in 4.250% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A (trading symbol WAL PrA), both registered on the New York Stock Exchange. This matters to investors as it confirms the active listing and trading status of these securities, providing transparency and ensuring they are aware of the specific classes of stock available and their exchange.

Why It Matters

This filing confirms the specific classes of Western Alliance Bancorporation's stock actively traded on the New York Stock Exchange, providing clarity for current and potential investors regarding their investment options.

Risk Assessment

Risk Level: low — This filing is a routine update of registered securities and does not indicate any new financial or operational risks for the company.

Analyst Insight

A smart investor would note this routine filing as confirmation of the company's listed securities, but it provides no new material information to prompt immediate action. It's a good record-keeping update.

Key Numbers

• $0.0001 — Par Value (par value of Western Alliance Bancorporation's Common Stock)
• 4.250% — Fixed-Rate Reset (interest rate for Western Alliance Bancorporation's Non-Cumulative Perpetual Preferred Stock, Series A)
• 1/400th — Interest in Preferred Stock (each Depositary Share represents this fraction of a Preferred Stock share)

Key Players & Entities

• WESTERN ALLIANCE BANCORPORATION (company) — registrant
• New York Stock Exchange (company) — exchange where securities are registered
• $0.0001 (dollar_amount) — par value of Common Stock
• 4.250% (dollar_amount) — fixed-rate reset for Preferred Stock, Series A

Forward-Looking Statements

• Western Alliance Bancorporation will continue to maintain its current stock listings on the New York Stock Exchange. (WESTERN ALLIANCE BANCORPORATION) — high confidence, target: 2025-02-05

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 Par Value WAL New York Stock Exchange
• $0.37 — d declared a quarterly cash dividend of $0.37 per share of common stock. The dividend
• $106.25 — o declared a quarterly cash dividend of $106.25 per share (equivalent to $0.265625 per
• $0.265625 — end of $106.25 per share (equivalent to $0.265625 per depositary share) on its 4.250% Fix

Filing Documents

• wal-20240205.htm (8-K) — 27KB
• 0001212545-24-000009.txt ( ) — 195KB
• wal-20240205.xsd (EX-101.SCH) — 3KB
• wal-20240205_def.xml (EX-101.DEF) — 16KB
• wal-20240205_lab.xml (EX-101.LAB) — 32KB
• wal-20240205_pre.xml (EX-101.PRE) — 17KB
• wal-20240205_htm.xml (XML) — 4KB

01. OTHER EVENTS

ITEM 8.01. OTHER EVENTS. Quarterly Common and Preferred Stock Dividend. At the meeting of the Board of Directors (the "Board") of Western Alliance Bancorporation held on February 5, 2024, the Board declared a quarterly cash dividend of $0.37 per share of common stock. The dividend will be payable March 1, 2024 to shareholders of record as of February 16, 2024. The Company's Board of Directors also declared a quarterly cash dividend of $106.25 per share (equivalent to $0.265625 per depositary share) on its 4.250% Fixed Rate Reset Non-Cumulative Perpetual Preferred Stock, Series A. The dividend will be payable March 29, 2024 to shareholders of record as of March 15, 2024.

01. FINANCIAL STATEMENTS AND EXHIBITS

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits. 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 Vice Chairman and Chief Financial Officer Date: February 5, 2024

View Full Filing

View this 8-K filing on SEC EDGAR