WALNYSEState Commercial BanksFiscal year ends December 31Also trades as WAL.PA
WESTERN ALLIANCE BANCORPORATION
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 31, 2026
$73.63−0.88 (-1.18%)
Close on Oct 19, 2026
- Market cap
- $7.95B
- P/E (TTM)
- 8.3
- Dividend yield
- 2.12%
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
98M
Shares held, 13F filers
Institutional holders
495
105 new, 52 sold out
Net institutional buying
9M
In Q2 2026
Insider trades, 12 months
1 buys · 9 sales
Net sold $5.54M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| T. Rowe Price Associates, Inc. | 6,313,061 | 5.80% | 13G (passive) amendment | Jun 30, 2026 |
| Invesco Ltd. | 5,871,003 | 5.40% | 13G (passive) | Jun 30, 2026 |
| Vanguard Capital Management | 5,483,998 | 5.02% | 13G (passive) | Jun 30, 2026 |
| Vanguard Portfolio Management | 5,479,657 | 5.01% | 13G (passive) | Jun 30, 2026 |
| BlackRock, Inc. | 10,145,727 | 9.20% | 13G (passive) | Sep 30, 2024 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of WAL | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 11,276,134 | – | $926.90M | +297,557 | 0.01% |
| Price T Rowe Associates Inc /Md/ | 6,312,247 | – | $518.87K | −1,530,495 | 0.05% |
| Invesco Ltd. | 5,871,003 | – | $482.60M | +652,089 | 0.04% |
| Vanguard Portfolio Management LLC | 5,439,993 | – | $447.17M | +228,862 | 0.02% |
| Aqr Capital Management LLC | 5,151,917 | – | $422.97M | +4,244,622 | 0.15% |
| Vanguard Capital Management LLC | 4,673,084 | – | $384.13M | +22,627 | 0.01% |
| Wellington Management Group Llp | 4,389,690 | – | $360.83M | −311,575 | 0.06% |
| State Street Corp | 4,271,252 | – | $351.10M | +70,612 | 0.01% |
| Dimensional Fund Advisors LP | 4,024,180 | – | $330.80M | +210,185 | 0.06% |
| Davis Asset Management, L.P. | 3,336,000 | – | $274.22M | +253,000 | 6.94% |
| FMR LLC | 2,373,997 | – | $195.14M | −3,895 | 0.01% |
| Barrow Hanley Mewhinney & Strauss LLC | 2,120,791 | – | $174.33M | −242,148 | 0.53% |
| Geode Capital Management, LLC | 2,112,323 | – | $173.67M | −2,488 | 0.01% |
| Bank Of Montreal /Can/ | 1,814,642 | – | $149.16M | −54,030 | 0.05% |
| T. Rowe Price Investment Management, Inc. | 1,607,070 | – | $132.10K | −99,258 | 0.09% |
| Smead Capital Management, Inc. | 1,594,678 | – | $131.08M | +239,087 | 2.81% |
| Norges Bank | 1,458,937 | – | $119.92M | New | 0.01% |
| Ameriprise Financial Inc | 1,241,477 | – | $102.05M | +349,968 | 0.02% |
| Jupiter Topco LLC | 1,240,773 | – | $102.00M | New | 0.04% |
| Bank Of America Corp /De/ | 1,179,771 | – | $96.98M | +892,662 | 0.01% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|
| Q2 2026 | 495 | 98M | 105 / 187 | 131 / 52 | 15M | 6M |
| Q1 2026 | 449 | 91M | 85 / 156 | 146 / 68 | 23M | 17M |
| Q4 2025 | 442 | 96M | 71 / 141 | 158 / 64 | 8M | 11M |
| Q3 2025 | 441 | 100M | 53 / 153 | 149 / 46 | 9M | 8M |
| Q2 2025 | 440 | 99M | 77 / 152 | 138 / 50 | 9M | 9M |
| Q1 2025 | 415 | 98M | 48 / 143 | 152 / 51 | 8M | 8M |
| Q4 2024 | 427 | 99M | 62 / 171 | 127 / 46 | 8M | 8M |
| Q3 2024 | 418 | 99M | 98 / 131 | 138 / 56 | 24M | 11M |
| Q2 2024 | 379 | 91M | 45 / 129 | 139 / 48 | 7M | 9M |
| Q1 2024 | 387 | 93M | 65 / 127 | 136 / 49 | 13M | 13M |
| Q4 2023 | 377 | 94M | 90 / 107 | 137 / 44 | 18M | 14M |
| Q3 2023 | 338 | 89M | 67 / 125 | 97 / 49 | 20M | 10M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of WAL | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Mid-Cap ETF | 3,504,237 | – | $288.05M | 0.23% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 3,291,590 | – | $270.57M | 0.01% | Jun 30, 2026 |
| Invesco Small Cap Value Fund | 2,599,283 | – | $209.22M | 1.88% | Jul 31, 2026 |
| Vanguard Small-Cap Index Fund | 2,379,650 | – | $195.61M | 0.10% | Jun 30, 2026 |
| Invesco Value Opportunities Fund | 1,535,824 | – | $123.62M | 1.36% | Jul 31, 2026 |
| Vanguard Small-Cap Value Index Fund | 1,506,906 | – | $123.87M | 0.18% | Jun 30, 2026 |
| Smead Value Fund | 1,323,446 | – | $105.41M | 2.71% | May 29, 2026 |
| T. Rowe Price Mid-Cap Value Fund, Inc. | 1,198,199 | – | $98.49M | 0.60% | Jun 30, 2026 |
| Janus Henderson Contrarian Fund | 1,193,676 | – | $98.12M | 1.79% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 1,174,348 | – | $96.53M | 0.10% | Jun 30, 2026 |
| T. Rowe Price All-Cap Opportunities Fund | 918,246 | – | $75.48M | 0.52% | Jun 30, 2026 |
| T. Rowe Price Small-Cap Value Fund, Inc. | 834,158 | – | $68.57M | 0.65% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Regional Banking ETF | 734,514 | – | $60.38M | 1.27% | Jun 30, 2026 |
| Invesco KBW Bank ETF | 700,266 | – | $55.78M | 1.05% | May 31, 2026 |
| U.S. Small Cap Value Portfolio | 695,950 | – | $56.02M | 0.29% | Jul 31, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | Latest filing |
|---|---|---|---|
| Kenneth Vecchione | Chairman, President & CEO, Director | 465,878 | Sep 17, 2026 |
| Emily Nachlas | Chief Risk Officer | 16,575 | Sep 17, 2026 |
| Lynne Herndon | Chief Credit Officer | 1,902 | Sep 17, 2026 |
| Vishal Idnani | Chief Financial Officer | 11,468 | Sep 17, 2026 |
| Timothy W. Boothe | Chief Administration Officer | 65,839 | Sep 17, 2026 |
| Jessica H. Jarvi | CLO & Secretary | 15,781 | Sep 17, 2026 |
| Barbara Kennedy | Chief Human Resources Officer | 33,230 | Sep 17, 2026 |
| Dale Gibbons | Vice Chair and CBO, Deposits | 267,705 | Sep 17, 2026 |
| Tim R. Bruckner | CBO for Regional Banking | 29,068 | Sep 17, 2026 |
| Ben Mucha | Chief Accounting Officer | 3,485 | Jun 10, 2026 |
| Stephen Russell Curley | Chief Banking Ofc.-NBL | 41,531 | May 19, 2026 |
| J. Kelly Ardrey Jr. | Chief Accounting Officer | 3,214 | Feb 19, 2025 |
| Mary Chris Jammet | Director | 5,861 | Jul 17, 2026 |
| Michael Papay | Director | 0 | Feb 9, 2026 |
| Kuras Mary Tuuk | Director | 14,271 | Feb 9, 2026 |
| Juan R. Figuereo | Director | 19,269 | Feb 9, 2026 |
| Howard Gould | Director | 53,009 | Feb 9, 2026 |
| Bruce D. Beach | Director | 55,732 | Feb 9, 2026 |
| Donald D. Snyder | Director | 98,713 | Feb 9, 2026 |
| Clarke R. Starnes III | Director | 2,580 | Feb 9, 2026 |
| Greta Guggenheim | Director | 8,441 | Feb 9, 2026 |
| Christopher A. Halmy | Director | 5,861 | Feb 9, 2026 |
| Robert P. Latta | Director | 47,851 | Feb 9, 2026 |
| Bryan K. Segedi | Director | 19,419 | Feb 9, 2026 |
| Anthony T. Meola | Director | 13,480 | Feb 9, 2026 |
| Marianne Boyd Johnson | Director | 4,323,369 | Feb 9, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +22 | – | – | 1,902 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −27 | $79.03 | $2.13K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +35 | – | – | 1,915 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −35 | $79.03 | $2.77K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Returned to company | −22 | $79.03 | $1.74K | 1,880 |
| Lynne Herndon Chief Credit Officer | Sep 15, 2026 | Option exercise | +27 | – | – | 1,907 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +97 | – | – | 65,514 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +69 | – | – | 65,486 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Returned to company | −69 | $79.03 | $5.45K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Option exercise | +69 | – | – | 65,486 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Returned to company | −69 | $79.03 | $5.45K | 65,417 |
| Timothy W. Boothe Chief Administration Officer | Sep 15, 2026 | Returned to company | −97 | $79.03 | $7.67K | 65,417 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Returned to company | −46 | $79.03 | $3.64K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Returned to company | −58 | $79.03 | $4.58K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Returned to company | −64 | $79.03 | $5.06K | 13,707 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Option exercise | +58 | – | – | 13,765 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Option exercise | +64 | – | – | 13,771 |
| Jessica H. Jarvi CLO & Secretary | Sep 15, 2026 | Option exercise | +46 | – | – | 13,753 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Returned to company | −595 | $79.03 | $47.02K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Returned to company | −539 | $79.03 | $42.60K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Option exercise | +437 | – | – | 463,615 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Returned to company | −437 | $79.03 | $34.54K | 463,178 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Option exercise | +595 | – | – | 463,773 |
| Kenneth Vecchione Chairman, President & CEO, Director | Sep 15, 2026 | Option exercise | +539 | – | – | 463,717 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Option exercise | +101 | – | – | 10,433 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Returned to company | −101 | $79.03 | $7.98K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Option exercise | +74 | – | – | 10,406 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Returned to company | −74 | $79.03 | $5.85K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Option exercise | +82 | – | – | 10,414 |
| Barbara Kennedy Chief Human Resources Officer | Sep 15, 2026 | Returned to company | −82 | $79.03 | $6.48K | 10,332 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Returned to company | −72 | $79.03 | $5.69K | 16,575 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Option exercise | +72 | – | – | 16,647 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Option exercise | +53 | – | – | 16,628 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Returned to company | −53 | $79.03 | $4.19K | 16,575 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Option exercise | +64 | – | – | 16,639 |
| Emily Nachlas Chief Risk Officer | Sep 15, 2026 | Returned to company | −64 | $79.03 | $5.06K | 16,575 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Returned to company | −285 | $79.03 | $22.52K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Option exercise | +285 | – | – | 267,378 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Returned to company | −229 | $79.03 | $18.10K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Option exercise | +229 | – | – | 267,322 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Returned to company | −212 | $79.03 | $16.75K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Sep 15, 2026 | Option exercise | +212 | – | – | 267,305 |
| Vishal Idnani Chief Financial Officer | Sep 15, 2026 | Returned to company | −123 | $79.03 | $9.72K | 11,468 |
| Vishal Idnani Chief Financial Officer | Sep 15, 2026 | Option exercise | +123 | – | – | 11,591 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Returned to company | −142 | $79.03 | $11.22K | 29,068 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Option exercise | +142 | – | – | 29,210 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Option exercise | +115 | – | – | 29,183 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Returned to company | −158 | $79.03 | $12.49K | 29,068 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Option exercise | +158 | – | – | 29,226 |
| Tim R. Bruckner CBO for Regional Banking | Sep 15, 2026 | Returned to company | −115 | $79.03 | $9.09K | 29,068 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Option exercise | +285 | – | – | 267,378 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Returned to company | −285 | $82.32 | $23.46K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Option exercise | +212 | – | – | 267,305 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Returned to company | −212 | $82.32 | $17.45K | 267,093 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Option exercise | +229 | – | – | 267,322 |
| Dale Gibbons Vice Chair and CBO, Deposits | Aug 15, 2026 | Returned to company | −229 | $82.32 | $18.85K | 267,093 |
| Barbara Kennedy Chief Human Resources Officer | Aug 15, 2026 | Returned to company | −82 | $82.32 | $6.75K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Aug 15, 2026 | Option exercise | +101 | – | – | 10,433 |
| Barbara Kennedy Chief Human Resources Officer | Aug 15, 2026 | Returned to company | −101 | $82.32 | $8.31K | 10,332 |
| Barbara Kennedy Chief Human Resources Officer | Aug 15, 2026 | Option exercise | +74 | – | – | 10,406 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Curley Stephen Officer | Jun 15, 2026 | 10,696 | $878.11K | Jun 15, 2026 | Employee Stock Relaated |
| Dale Gibbons Officer, Director | Jun 9, 2026 | 40,000 | $3.30M | Jun 9, 2026 | RSU GRANT |
| Mucha Ben Officer | Jun 8, 2026 | 5,946 | $481.26K | Jun 8, 2026 | Vesting of a Stock Award |
| Mucha Ben Officer | Feb 18, 2026 | 641 | $61.29K | Feb 18, 2026 | Vesting of a Stock Award |
| Marianne Boyd Johnson Director | Dec 15, 2025 | 23,142 | $2.01M | Dec 15, 2025 | Founders Share |
| Tim R. Bruckner Officer | Jul 24, 2025 | 2,500 | $209.78K | Jul 24, 2025 | Vesting of a Stock Award |
| Bryan K. Segedi Director | Nov 13, 2024 | 1,000 | $94.58K | Nov 13, 2024 | Open Market Purchase |
| P. Latta Robert Director | Sep 13, 2024 | 2,955 | $239.69K | Sep 13, 2024 | Restricted stock vesting under a registered plan |
| Robert P. Latta Director | Sep 9, 2024 | 2,996 | $247.92K | Sep 9, 2024 | Vesting of a Stock Award |
| Marianne Boyd Johnson Director | Aug 30, 2024 | 12,516 | $1.01M | Aug 30, 2024 | Vesting of a Stock Award |
| Barbara Kennedy Officer | Aug 26, 2024 | 11,083 | $904.31K | Aug 26, 2024 | Vesting of a Stock Award |
| Stephen Russell Curley Officer | Aug 1, 2024 | 5,070 | $387.51K | Aug 1, 2024 | Vesting of a Stock Award |
| Robert P. Latta Director | Dec 11, 2023 | 5,370 | $301.10K | Dec 11, 2023 | Vesting of a Stock Award |