Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026)
Western Alliance Bancorporation's (WAL) quarterly Rent Expense came in at $21.1 million in Q2 2026, up 24.85% year-over-year from $16.9 million in Q2 2025, and up 9.9% quarter-over-quarter from $19.2 million in Q1 2026.
Analysis
Western Alliance Bancorporation (WAL) Rent Expense (2010 - 2026) Analysis & Trends
Western Alliance Bancorporation has disclosed Rent Expense across 17 years of filings, most recently posting $21.1 million for Q2 2026.
- In Q2 2026, Rent Expense rose 24.85% year-over-year to $21.1 million; the TTM figure through Jun 2026 stood at $76.8 million (up 7.71% YoY), while the FY2025 annual figure was $70.6 million, down 3.42% from the prior year.
- Rent Expense came in at $21.1 million for Q2 2026 at Western Alliance Bancorporation, up from $19.2 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $21.1 million in Q2 2026 to a low of $12.8 million in Q1 2022.
- Average Rent Expense over 5 years is $17.0 million, with a median of $16.9 million recorded in 2023.
- Year-over-year, Rent Expense jumped 48.84% in 2022 and slipped 8.15% in 2025.
- Over 5 years, Rent Expense stood at $15.8 million in 2022, then climbed by 6.96% to $16.9 million in 2023, then climbed by 15.98% to $19.6 million in 2024, then grew by 0.51% to $19.7 million in 2025, then advanced 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 948.96 Bn | 948.96 Bn | - | - |
| 2 | Truist Financial | 61.64 Bn | 61.64 Bn | - | 171.00 Mn |
| 3 | Fifth Third Bancorp | 49.62 Bn | 25.89 Bn | - | 154.00 Mn |
| 4 | M&T Bank | 34.88 Bn | 34.88 Bn | - | 129.00 Mn |
| 5 | Huntington Bancshares | 33.82 Bn | 29.29 Bn | - | 90.00 Mn |
| 6 | Citizens Financial | 29.46 Bn | 29.46 Bn | - | 108.00 Mn |
| 7 | Regions Financial | 25.57 Bn | 25.57 Bn | - | 73.00 Mn |
| 8 | First Citizens Bancshares | 25.00 Bn | 24.48 Bn | 29.00 Mn | 59.00 Mn |
| 9 | Keycorp | 23.27 Bn | -24.42 Bn | - | 68.00 Mn |
| 10 | Western Alliance Bancorporation | 8.55 Bn | 2.53 Bn | - | 21.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.10 Mn |
| Mar 31, 2026 | 19.20 Mn |
| Dec 31, 2025 | 19.70 Mn |
| Sep 30, 2025 | 16.80 Mn |
| Jun 30, 2025 | 16.90 Mn |
| Mar 31, 2025 | 17.20 Mn |
| Dec 31, 2024 | 19.60 Mn |
| Sep 30, 2024 | 17.60 Mn |
| Jun 30, 2024 | 18.40 Mn |
| Mar 31, 2024 | 17.50 Mn |
| Dec 31, 2023 | 16.90 Mn |
| Sep 30, 2023 | 16.80 Mn |
| Jun 30, 2023 | 15.40 Mn |
| Mar 31, 2023 | 16.50 Mn |
| Dec 31, 2022 | 15.80 Mn |
| Sep 30, 2022 | 13.90 Mn |
| Jun 30, 2022 | 13.00 Mn |
| Mar 31, 2022 | 12.80 Mn |
| Dec 31, 2021 | 12.40 Mn |
| Sep 30, 2021 | 12.40 Mn |