Western Alliance Bancorporation WAL
NYSE WAL
$79.32 -0.34 (-0.43%)
As of: Sep 10, 2026 · 3:59 PM EDT

Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026)

Western Alliance Bancorporation's (WAL) quarterly Research & Development came in at $52.1 million in Q2 2026, up 15.78% year-over-year from $45.0 million in Q2 2025, and down 1.88% quarter-over-quarter from $53.1 million in Q1 2026.

Analysis

Western Alliance Bancorporation (WAL) Research & Development (2010 - 2026) Analysis & Trends

Western Alliance Bancorporation has disclosed Research & Development across 17 years of filings, most recently posting $52.1 million for Q2 2026.

  • In Q2 2026, Research & Development rose 15.78% year-over-year to $52.1 million; the TTM figure through Jun 2026 stood at $202.2 million (up 20.21% YoY), while the FY2025 annual figure was $187.2 million, up 25.05% from the prior year.
  • Research & Development came in at $52.1 million for Q2 2026 at Western Alliance Bancorporation, down from $53.1 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $53.1 million in Q1 2026 to a low of $17.6 million in Q1 2022.
  • Average Research & Development over 5 years is $35.9 million, with a median of $35.8 million recorded in 2024.
  • Year-over-year, Research & Development soared 77.78% in 2022 and gained 14.16% in 2024.
  • Over 5 years, Research & Development stood at $23.9 million in 2022, then surged by 38.49% to $33.1 million in 2023, then gained by 18.73% to $39.3 million in 2024, then climbed by 24.43% to $48.9 million in 2025, then advanced 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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Banco Santander Chile 948.96 Bn 948.96 Bn - -
2 Truist Financial 61.64 Bn 61.64 Bn - -
3 Fifth Third Bancorp 49.62 Bn 25.89 Bn - 250.00 Mn
4 M&T Bank 34.88 Bn 34.88 Bn - 154.00 Mn
5 Huntington Bancshares 33.82 Bn 29.29 Bn - 326.00 Mn
6 Citizens Financial 29.46 Bn 29.46 Bn - -
7 Regions Financial 25.57 Bn 25.57 Bn - -
8 First Citizens Bancshares 25.00 Bn 24.48 Bn 29.00 Mn -
9 Keycorp 23.27 Bn -24.42 Bn - 108.00 Mn
10 Western Alliance Bancorporation 8.55 Bn 2.53 Bn - 52.10 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 52.10 Mn
Mar 31, 2026 53.10 Mn
Dec 31, 2025 48.90 Mn
Sep 30, 2025 48.10 Mn
Jun 30, 2025 45.00 Mn
Mar 31, 2025 45.20 Mn
Dec 31, 2024 39.30 Mn
Sep 30, 2024 38.70 Mn
Jun 30, 2024 35.70 Mn
Mar 31, 2024 36.00 Mn
Dec 31, 2023 33.10 Mn
Sep 30, 2023 33.90 Mn
Jun 30, 2023 28.60 Mn
Mar 31, 2023 26.40 Mn
Dec 31, 2022 23.90 Mn
Sep 30, 2022 21.80 Mn
Jun 30, 2022 19.70 Mn
Mar 31, 2022 17.60 Mn
Dec 31, 2021 17.90 Mn
Sep 30, 2021 15.40 Mn