Western Alliance Q2 FY26 EPS rises 43% to $2.36; revenue increases 17.7% to $995.7 million
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WAL• Margins, efficiency and balance sheet trends
- 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 $60.9 billion as deposits fell 1% to $81.9 billion.
- CEO Kenneth A. Vecchione cited robust loan growth and a deposit optimization strategy.
Western Alliance reports higher quarterly profit and EPS
- Western Alliance Bancorporation posted Q2 2026 net income of $268.8 million, up 42.1% from Q1; EPS rose 43% to $2.36.
- Revenue slipped 2.3% from Q1 to $995.7 million, while net interest income increased 4% to $796.9 million.
- Provision for credit losses fell to $80.4 million from $213.2 million in Q1; annualized net charge-offs were 0.37%.
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Western Alliance Q2 FY26 EPS rises 43% to $2.36; revenue increases 17.7% to $995.7 million - WAL News | Rallies
