Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026)

Western Alliance Bancorporation (WAL) reported Rent Expense of $19.2 million for Q1 2026, up 11.63% on a YoY basis from $17.2 million in Q1 2025, and down 2.54% sequentially from $19.7 million in Q4 2025.

Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026) Analysis & Trends

Western Alliance Bancorporation (WAL) has 17 years of Rent Expense data on file, last reported at $19.2 million in Q1 2026.

  • For the quarter ending Q1 2026, Rent Expense rose 11.63% year-over-year to $19.2 million; the trailing twelve-month figure through Mar 2026 stood at $72.6 million (changed 0.27% YoY), and the FY2025 full-year result was $70.6 million, down 3.42% from the prior year.
  • Rent Expense fell to $19.2 million in Q1 2026, from $19.7 million in the prior quarter.
  • In the past five years, Rent Expense ranged from a high of $19.7 million in Q4 2025 to a low of $12.8 million in Q1 2022.
  • A 5-year average of $16.7 million and a median of $16.9 million in 2023 frame the typical range for Rent Expense.
  • Across the five-year window, Rent Expense soared 48.84% in 2022 and decreased 8.15% in 2025, its largest moves.
  • Tracing WAL's Rent Expense over 5 years: stood at $15.8 million in 2022, then advanced by 6.96% to $16.9 million in 2023, then rose by 15.98% to $19.6 million in 2024, then climbed by 0.51% to $19.7 million in 2025, then fell by 2.54% to $19.2 million in 2026.
  • Business Quant data shows WAL's Rent Expense at $19.2 million in Q1 2026, $19.7 million in Q4 2025, and $16.8 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Rental Exp. (Qtr)
1 KB Financial 43,124.21 Bn 43,125.44 Bn -775,612.08 -
2 Shinhan Financial 33,971.34 Bn 33,973.00 Bn - -
3 Bank Of Chile 4,105.33 Bn 4,105.33 Bn 167,623.00 -
4 NatWest 768.74 Bn 572.78 Bn 1.79 Bn -
5 Mizuho Financial 385.64 Bn 389.59 Bn - -
6 Lloyds Banking 358.14 Bn 358.14 Bn - -
7 First Capital 200.03 Bn 199.69 Bn - 634,000.00
8 Landmark Bancorp 187.97 Bn 187.94 Bn - 1.45 Mn
9 Pnc Financial Services 100.96 Bn 101.01 Bn - 262.00 Mn
10 Western Alliance Bancorporation 8.98 Bn 643.85 Mn - 19.20 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.20 Mn
Mar 31, 2026 19.20 Mn
Dec 31, 2025 19.70 Mn
Dec 31, 2025 19.70 Mn
Sep 30, 2025 16.80 Mn
Sep 30, 2025 16.80 Mn
Jun 30, 2025 16.90 Mn
Jun 30, 2025 16.90 Mn
Mar 31, 2025 17.20 Mn
Mar 31, 2025 17.20 Mn
Dec 31, 2024 19.60 Mn
Dec 31, 2024 19.60 Mn
Sep 30, 2024 17.60 Mn
Sep 30, 2024 17.60 Mn
Jun 30, 2024 18.40 Mn
Jun 30, 2024 18.40 Mn
Mar 31, 2024 17.50 Mn
Mar 31, 2024 17.50 Mn
Dec 31, 2023 16.90 Mn
Dec 31, 2023 16.90 Mn