WESTERN ALLIANCE BANCORPORATION (WAL) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: August 01, 2025

Risk Assessment Details

Potential Dilution: 0.0% of current shares
Recent Dilution: 0.64% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
110M
Potential Supply
0
Additional shares possible
Splits
None
Past 2 years

Summary

WAL currently has 110M outstanding shares. with minimal authorized share overhang for future dilution. The company has minimally diluted shareholders by 0.64% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Aug 01, 2025

10-Q filing | 109.6M shares outstanding

110M 0
May 01, 2025

10-Q filing | 109.6M shares outstanding

110M 0
Mar 27, 2025

8-K filing: BW Real Estate, Inc., a subsidiary of Western Alliance Bank, completed the issuance and sale of 300,000 shares of its 9.500% Fixed-Rate Reset Non-Cumulative Exchangeable Perpetual Series B Preferred Stock to J.P. Morgan Securities LLC and MUFG Securities Americas Inc.

110M 0
Mar 25, 2025

8-K filing: Western Alliance Bancorporation, its subsidiary Western Alliance Bank, and BW Real Estate, Inc. entered into a Purchase Agreement with J.P. Morgan Securities LLC and MUFG Securities Americas Inc. for the issuance and sale of 300,000 shares of BW's 9.500% Fixed-Rate Reset Non-Cumulative Exchangeable Perpetual Series B Preferred Stock with a liquidation preference of $1,000 per share, expected to result in net proceeds of $294,750,000. ($294.75M proceeds)

110M 0
Feb 25, 2025

10-K filing | 109.3M shares outstanding

110M 0
Oct 31, 2024

10-Q filing | 109.5M shares outstanding

110M 0
Aug 01, 2024

10-Q filing | 109.1M shares outstanding

110M 0
May 02, 2024

10-Q filing | 109.0M shares outstanding

110M 0
Feb 28, 2024

10-K filing | 108.5M shares outstanding

110M 0
Oct 31, 2023

10-Q filing | 108.5M shares outstanding

110M 0
Aug 01, 2023

10-Q filing | 108.3M shares outstanding

110M 0
May 08, 2023

10-Q filing | 108.3M shares outstanding

110M 0
Feb 23, 2023

10-K filing | 107.6M shares outstanding

110M 0
Nov 01, 2022

10-Q filing | 107.9M shares outstanding

110M 0
Jul 29, 2022

10-Q filing | 107.7M shares outstanding

110M 0
Apr 29, 2022

10-Q filing | 106.6M shares outstanding

110M 0
Feb 25, 2022

10-K filing | 103.3M shares outstanding

100M 0
Nov 03, 2021

10-Q filing | 103.9M shares outstanding

100M 0
Jul 30, 2021

10-Q filing | 103.4M shares outstanding

100M 0
Apr 30, 2021

10-Q filing | 101.4M shares outstanding

100M 0
Mar 04, 2021

8-K filing: Western Alliance Bancorporation entered into a securities purchase agreement to sell 2,300,000 shares of its common stock at $91.00 per share in a registered direct offering, with expected net proceeds of approximately $209.2 million for general corporate purposes. ($209.3M proceeds)

100M 0
Feb 25, 2021

10-K filing | 100.5M shares outstanding

100M 0
Oct 30, 2020

10-Q filing | 100.1M shares outstanding

100M 0
Jul 31, 2020

10-Q filing | 100.0M shares outstanding

100M 0
May 22, 2020

8-K filing: Western Alliance Bank issued $225,000,000 aggregate principal amount of 5.25% Fixed-to-Floating Rate Subordinated Notes due June 1, 2030, resulting in proceeds of $222,750,000 for general corporate purposes. ($222.75M proceeds)

100M 0
Apr 30, 2020

10-Q filing | 101.7M shares outstanding

100M 0
Mar 02, 2020

10-K filing | 103.1M shares outstanding

100M 0
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