We give formulas for the spectral radius of weighted endomorphisms a α : C ( X , D ) → C ( X , D ) a\alpha : C(X,D)\to C(X,D) , a ∈ C ( X , D ) a\in C(X,D) , where X X is a compact Hausdorff space and D D is a unital Banach algebra. Under the assumption that α \alpha generates a partial dynamical system ( X , φ ) (X,\varphi ) , we establish two kinds of variational principles for r ( a α ) r(a\alpha ) : using linear extensions of ( X , φ ) (X,\varphi ) and using Lyapunov exponents associated with ergodic measures for ( X , φ ) (X,\varphi ) . This requires considering (twisted) cocycles over ( X , φ ) (X,\varphi ) with values in an arbitrary Banach algebra D D , and thus our analysis cannot be reduced to any of the multiplicative ergodic theorems known so far. The established variational principles apply not only to weighted endomorphisms but also to a vast class of operators acting on Banach spaces that we call abstract weighted shifts associated with α : C ( X , D ) → C ( X , D ) \alpha : C(X,D)\to C(X,D) . In particular, they are far-reaching generalizations of formulas obtained by Kitover, Lebedev, Latushkin, Stepin, and others. They are most efficient when D = B ( F ) D=\mathcal {B}(F) , for a Banach space F F , and endomorphisms of B ( F ) \mathcal {B}(F) induced by α \alpha are inner isometric. As a by-product we obtain a dynamical variational principle for an arbitrary operator b ∈ B ( F ) b\in \mathcal {B}(F) and that its spectral radius is always a Lyapunov exponent in some direction v ∈ F v\in F when F F is reflexive.
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