Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026)
Western Alliance Bancorporation (WAL) posted quarterly Rent Expense of $21.1 million for Q2 2026, up 24.85% year-over-year from $16.9 million in Q2 2025, and up 9.9% on a QoQ basis from $19.2 million in Q1 2026.
Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026) Analysis & Trends
Western Alliance Bancorporation has reported Rent Expense for 17 years, with the latest figure at $21.1 million in Q2 2026.
- Rent Expense for Q2 2026 came in at $21.1 million, up 24.85% year-over-year; the trailing twelve-month figure through Jun 2026 was $76.8 million (up 7.71% YoY), and the FY2025 annual result was $70.6 million, down 3.42% from the prior year.
- Rent Expense improved to $21.1 million in Q2 2026, from $19.2 million in the prior quarter.
- Over five years, Rent Expense peaked at $21.1 million in Q2 2026 and troughed at $12.8 million in Q1 2022.
- A 5-year average of $17.0 million and a median of $16.9 million in 2023 frame the typical range for Rent Expense.
- The widest annual swing landed in 2022, when Rent Expense soared 48.84%; it then decreased 8.15% in 2025.
- A 5-year view of Rent Expense shows it stood at $15.8 million in 2022, then increased by 6.96% to $16.9 million in 2023, then increased by 15.98% to $19.6 million in 2024, then rose by 0.51% to $19.7 million in 2025, then grew by 7.11% to $21.1 million in 2026.
- Per Business Quant data, the three most recent Rent Expense figures were $21.1 million in Q2 2026, $19.2 million in Q1 2026, and $19.7 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 119.58 Bn | 83.39 Bn | - | - |
| 2 | Pnc Financial Services | 97.75 Bn | 97.75 Bn | - | 252.00 Mn |
| 3 | Us Bancorp | 96.33 Bn | 96.33 Bn | - | 303.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 73.86 Bn | -145.23 Bn | - | -423.97 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 71.72 Bn | -81.60 Bn | - | - |
| 7 | Nu Holdings | 68.51 Bn | 54.82 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.69 Bn | 61.69 Bn | - | 171.00 Mn |
| 9 | Fifth Third Bancorp | 49.73 Bn | 26.00 Bn | - | 154.00 Mn |
| 10 | Western Alliance Bancorporation | 8.55 Bn | 2.54 Bn | - | 21.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.10 Mn |
| Jun 30, 2026 | 21.10 Mn |
| 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 |