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| Date | Value |
|---|---|
| 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 |