Western Alliance Bancorporation Dividend Details and Recent Developments Before Aug 14, 2025 Ex-Dividend Date

Western Alliance Bancorporation has announced a dividend of $0.380 per share with an ex-dividend date set for Aug 14, 2025, and a payment date on Aug 29, 2025. This dividend is higher compared to the average of the last ten dividends per share, which stood at $0.326. The previous dividend was also $0.380 per share, distributed on May 30, 2025. Both dividends are classified as cash dividends. Investors should note that Aug 14, 2025, is the last day to purchase shares and be eligible for this dividend.

Recently, Western Alliance Bancorporation revealed its second-quarter financial results for 2025. The company reported a net income of $237.8 million and earnings per share of $2.07, reflecting a year-over-year increase of 22.8% and 18.3%, respectively. The bank showed strong growth with total deposits rising to $71.1 billion, an increase of $1.8 billion quarter-over-quarter, and loans reaching $55.9 billion. Key metrics improved, including a net interest margin of 3.53% and a return on tangible common equity of 14.9%. Asset quality remained robust with a nonperforming loans ratio of 0.76%. Capital levels were strong, with a CET1 ratio of 11.2%.

Furthermore, Western Alliance announced leadership changes, appointing Vishal Idnani as the new Chief Financial Officer, effective Jan 2, 2026. Idnani transitions from J.P. Morgan, bringing extensive experience in advising regional banks. Current CFO Dale Gibbons will assume the role of Vice Chairman and Chief Banking Officer, focusing on deposit initiatives and innovation. Under Gibbons' leadership, the company achieved notable success, with tangible book value per share growth surpassing its peers.

As of late, Western Alliance Bank has also partnered with FHLBank San Francisco to provide a $1.25 million Affordable Housing Program grant to the Blind Center of Nevada. This grant supports the development of Visions Park, a unique housing project set to open in early 2026, catering to blind and visually impaired individuals with low incomes. This initiative addresses the significant affordable housing shortage in Nevada.

In conclusion, Western Alliance Bancorporation's dividend history and recent developments indicate a strong financial position and strategic growth initiatives. Investors should be aware of the upcoming ex-dividend date on Aug 14, 2025, which marks the deadline to purchase shares and qualify for the dividend. Any acquisitions after this date will not be eligible for the current dividend payout.