Western Alliance Bancorporation WAL
NYSE WAL
$79.20 -1.27 (-1.58%)
At close: Aug 20, 2026 · 4:00 PM EDT

Western Alliance Bancorporation (WAL) Operating Expenses (2010 - 2026)

Western Alliance Bancorporation (WAL) posted quarterly Operating Expenses of $583.3 million for Q2 2026, up 13.33% year-over-year from $514.7 million in Q2 2025, and up 1.55% on a QoQ basis from $574.4 million in Q1 2026.

Western Alliance Bancorporation (WAL) Operating Expenses (2010 - 2026) Analysis & Trends

Western Alliance Bancorporation has reported Operating Expenses for 17 years, with the latest figure at $583.3 million in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $583.3 million, up 13.33% year-over-year; the trailing twelve-month figure through Jun 2026 was $2.3 billion (up 8.82% YoY), and the FY2025 annual result was $2.1 billion, up 4.28% from the prior year.
  • Operating Expenses rose to $583.3 million in Q2 2026, from $574.4 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $583.3 million in Q2 2026 and troughed at $248.6 million in Q1 2022.
  • A 5-year average of $448.6 million and a median of $484.3 million in 2024 frame the typical range for Operating Expenses.
  • The widest annual swing landed in 2022, when Operating Expenses jumped 84.15%; it then rose 1.3% in 2025.
  • A 5-year view of Operating Expenses shows it stood at $333.4 million in 2022, then soared by 38.54% to $461.9 million in 2023, then increased by 12.36% to $519.0 million in 2024, then grew by 6.4% to $552.2 million in 2025, then grew by 5.63% to $583.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $583.3 million in Q2 2026, $574.4 million in Q1 2026, and $552.2 million in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hdfc Bank 119.58 Bn 83.39 Bn - -
2 Pnc Financial Services 97.75 Bn 97.75 Bn - 4.10 Bn
3 Us Bancorp 96.33 Bn 96.33 Bn - 4.43 Bn
4 Lloyds Banking 93.61 Bn 93.91 Bn - -3.83 Bn
5 NatWest 73.86 Bn -145.23 Bn - -2.79 Bn
6 Deutsche Bank Aktiengesellschaft 71.72 Bn -81.60 Bn - 2.60 Bn
7 Nu Holdings 68.51 Bn 54.82 Bn 2.35 Bn -599.79 Mn
8 Truist Financial 61.69 Bn 61.69 Bn - 3.06 Bn
9 Fifth Third Bancorp 49.73 Bn 26.00 Bn - 2.11 Bn
10 Western Alliance Bancorporation 8.55 Bn 2.54 Bn - 583.30 Mn

Historic Data

Download Data
DateValue
Jun 30, 2026 583.30 Mn
Mar 31, 2026 574.40 Mn
Dec 31, 2025 552.20 Mn
Sep 30, 2025 544.40 Mn
Jun 30, 2025 514.70 Mn
Mar 31, 2025 500.40 Mn
Dec 31, 2024 519.00 Mn
Sep 30, 2024 537.40 Mn
Jun 30, 2024 486.80 Mn
Mar 31, 2024 481.80 Mn
Dec 31, 2023 461.90 Mn
Sep 30, 2023 426.20 Mn
Jun 30, 2023 387.40 Mn
Mar 31, 2023 347.90 Mn
Dec 31, 2022 333.40 Mn
Sep 30, 2022 305.80 Mn
Jun 30, 2022 268.90 Mn
Mar 31, 2022 248.60 Mn
Dec 31, 2021 237.80 Mn
Sep 30, 2021 233.80 Mn