earnings
confidence high
sentiment positive
materiality 0.75
Western Alliance Q2 2026 EPS $2.36, net income $268.8M, HFI loans up $1.8B
WESTERN ALLIANCE BANCORPORATION
- Net income $268.8M, diluted EPS $2.36; adjusted EPS $2.22 in prior quarter (up 6.3% linked-quarter).
- HFI loans grew $1.8B to $60.9B; total deposits down $849M to $81.9B; loan-to-deposit ratio 74.4%.
- Net interest margin 3.53%; PPNR $412.4M; efficiency ratio 58.0% (48.9% adjusted for deposit costs).
- Nonperforming loans to HFI loans 0.92% (up from 0.83% linked-quarter); net charge-offs 0.37% annualized.
- Tangible book value per share $63.24, up 13.2% YoY; CET1 ratio 11.0%; allowance for credit losses 0.89%.