Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026)
Western Alliance Bancorporation (WAL) reported Research & Development of $9.5 million for Q1 2026, up 61.02% on a YoY basis from $5.9 million in Q1 2025, and down 14.41% sequentially from $11.1 million in Q4 2025.
Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026) Analysis & Trends
Western Alliance Bancorporation (WAL) has 17 years of Research & Development data on file, last reported at $9.5 million in Q1 2026.
- For the quarter ending Q1 2026, Research & Development rose 61.02% year-over-year to $9.5 million; the trailing twelve-month figure through Mar 2026 stood at $74.8 million (up 125.98% YoY), and the FY2025 full-year result was $28.7 million, down 12.23% from the prior year.
- Research & Development eased to $9.5 million in Q1 2026, from $11.1 million in the prior quarter.
- In the past five years, Research & Development ranged from a high of $48.1 million in Q3 2025 to a low of $4.4 million in Q1 2022.
- A 5-year average of $14.3 million and a median of $9.5 million in 2026 frame the typical range for Research & Development.
- Across the five-year window, Research & Development soared 500.0% in 2023 and sank 83.61% in 2025, its largest moves.
- Tracing WAL's Research & Development over 5 years: stood at $23.9 million in 2022, then plunged by 71.97% to $6.7 million in 2023, then soared by 65.67% to $11.1 million in 2024, then changed by 0.0% to $11.1 million in 2025, then slipped by 14.41% to $9.5 million in 2026.
- Business Quant data shows WAL's Research & Development at $9.5 million in Q1 2026, $11.1 million in Q4 2025, and $48.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | KB Financial | 42,090.38 Bn | 42,090.38 Bn | -786,828.77 | - |
| 2 | Shinhan Financial | 33,919.15 Bn | 33,919.15 Bn | - | - |
| 3 | Bank Of Chile | 4,123.52 Bn | 4,123.52 Bn | 167,623.00 | - |
| 4 | Lloyds Banking | 360.83 Bn | 360.83 Bn | - | - |
| 5 | First Capital | 204.17 Bn | 203.82 Bn | - | 1.10 Mn |
| 6 | Landmark Bancorp | 187.97 Bn | 187.94 Bn | - | 554,000.00 |
| 7 | NatWest | 144.82 Bn | -51.17 Bn | - | - |
| 8 | Pnc Financial Services | 101.80 Bn | 101.80 Bn | - | - |
| 9 | Us Bancorp | 99.51 Bn | 99.51 Bn | - | 573.00 Mn |
| 10 | Western Alliance Bancorporation | 8.99 Bn | 355.17 Mn | - | 9.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.50 Mn |
| Dec 31, 2025 | 11.10 Mn |
| Sep 30, 2025 | 48.10 Mn |
| Jun 30, 2025 | 6.10 Mn |
| Mar 31, 2025 | 5.90 Mn |
| Dec 31, 2024 | 11.10 Mn |
| Sep 30, 2024 | 9.70 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Mar 31, 2024 | 36.00 Mn |
| Dec 31, 2023 | 6.70 Mn |
| Sep 30, 2023 | 4.90 Mn |
| Jun 30, 2023 | 5.00 Mn |
| Mar 31, 2023 | 26.40 Mn |
| Dec 31, 2022 | 23.90 Mn |
| Sep 30, 2022 | 21.80 Mn |
| Jun 30, 2022 | 5.40 Mn |
| Mar 31, 2022 | 4.40 Mn |
| Dec 31, 2021 | 6.10 Mn |
| Sep 30, 2021 | 15.40 Mn |
| Jun 30, 2021 | 15.00 Mn |