Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026)
Western Alliance Bancorporation (WAL) posted quarterly Research & Development of $52.1 million for Q2 2026, up 15.78% year-over-year from $45.0 million in Q2 2025, and down 1.88% on a QoQ basis from $53.1 million in Q1 2026.
Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026) Analysis & Trends
Western Alliance Bancorporation has reported Research & Development for 17 years, with the latest figure at $52.1 million in Q2 2026.
- Research & Development for Q2 2026 came in at $52.1 million, up 15.78% year-over-year; the trailing twelve-month figure through Jun 2026 was $202.2 million (up 20.21% YoY), and the FY2025 annual result was $187.2 million, up 25.05% from the prior year.
- Research & Development declined to $52.1 million in Q2 2026, from $53.1 million in the prior quarter.
- Over five years, Research & Development peaked at $53.1 million in Q1 2026 and troughed at $17.6 million in Q1 2022.
- A 5-year average of $35.9 million and a median of $35.8 million in 2024 frame the typical range for Research & Development.
- The widest annual swing landed in 2022, when Research & Development surged 77.78%; it then rose 14.16% in 2024.
- A 5-year view of Research & Development shows it stood at $23.9 million in 2022, then jumped by 38.49% to $33.1 million in 2023, then climbed by 18.73% to $39.3 million in 2024, then increased by 24.43% to $48.9 million in 2025, then grew by 6.54% to $52.1 million in 2026.
- Per Business Quant data, the three most recent Research & Development figures were $52.1 million in Q2 2026, $53.1 million in Q1 2026, and $48.9 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.61 Bn | 84.41 Bn | - | - |
| 2 | Pnc Financial Services | 98.45 Bn | 98.45 Bn | - | - |
| 3 | Us Bancorp | 96.58 Bn | 96.58 Bn | - | 601.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.96 Bn | -144.13 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.19 Bn | -81.12 Bn | - | - |
| 7 | Nu Holdings | 70.42 Bn | 56.73 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 62.04 Bn | 62.04 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.90 Bn | 26.18 Bn | - | 250.00 Mn |
| 10 | Western Alliance Bancorporation | 8.57 Bn | 2.55 Bn | - | 52.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 52.10 Mn |
| 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 |