Western Alliance Q2 FY26 EPS rises 43% to $2.36; revenue increases 17.7% to $995.7 million

Reuters2026/07/21 20:22

By:Reuters

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Western Alliance Bancorporation posted Q2 2026 net income of USD 268.8 million, up 42.1% from Q1; EPS rose 43% to USD 2.36.
Revenue slipped 2.3% from Q1 to USD 995.7 million, while net interest income increased 4% to USD 796.9 million.
Provision for credit losses fell to USD 80.4 million from USD 213.2 million in Q1; annualized net charge-offs were 0.37%.
Net interest margin held at 3.53%, down 0.01 percentage point from Q1; the efficiency ratio widened 2.2 percentage points to 58%.
HFI loans grew 3.1% from Q1 to USD 60.9 billion as deposits fell 1% to USD 81.9 billion; CEO Kenneth A. Vecchione cited robust loan growth and a deposit optimization strategy.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Western Alliance Bancorporation published the original content used to generate this news brief on July 22, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Western Alliance Q2 FY26 EPS rises 43% to $2.36; revenue increases 17.7% to $995.7 million

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