Is Western Alliance Bancorporation a good dividend stock?

Western Alliance Bancorporation (WAL) is a dividend-paying stock with a current dividend yield of 2.05%. Review its dividend history, payout consistency and growth to judge whether it fits your income strategy.

What is WAL's dividend yield?

The dividend yield for WAL stock is currently 2.05%.

How much does WAL pay in dividends per year?

Western Alliance Bancorporation pays an annual dividend of $1.6400 per share over the trailing twelve months.

How often does WAL pay dividends?

WAL stock pays dividends quarterly.

Is WAL's dividend growing?

Western Alliance Bancorporation's 3-year dividend CAGR is 4.43%.

WAL Stock Price, Chart, Stats & News

Western Alliance Bancorporation

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Overview Dividend safety Dividends Fundamentals

Western Alliance Bancorporation (WAL) is a dividend-paying stock with a current dividend yield of 2.05% as of Jul 21, 2026. It pays $1.64 per share over the trailing twelve months and distributes quarterly. Its dividend has grown at a 10.40% 5-year compound annual rate.

8.74B

Market cap

9.32x

Current P/E

8.07x

Forward P/E

2.05%

Dividend yield

$1.64

WAL dividend

Dividend safety

Strong

Dividend coverage looks healthy — WAL pays out about 19% of earnings.

See the safety analysis

WAL chart

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Fundamentals

Gross margin	61.24%
Operating margin	22.80%
Pretax margin	22.80%
Net margin	18.30%
Effective tax rate	17.94%
ROA	1.04%
ROE	13.33%
D/E	0.85x
Interest coverage ratio	0.66x

All financials

WAL valuation

P/E	9.32x
P/S	1.41x
P/B	0.96x
P/CF	-2.74x
P/FCF	-2.67x
P/OCF	-2.74x
PEG	0.96x
EV multiple	3.51x

About

Western Alliance Bancorporation serves as the holding entity for Western Alliance Bank, offering a broad spectrum of banking products and related financial services, with its primary operations centered in Arizona, California, and Nevada. The company structures its business across Commercial, Consumer Related, and Corporate & Other segments. Its deposit offerings include checking, savings, and money market accounts, as well as fixed-rate and fixed-maturity certificates of deposit.