Western Alliance Q2 FY26 net income rises 42.1% to $268.8 million; revenue falls 2.3% to $995.7 million vs prior quarter - WAL News | RalliesWestern Alliance Q2 FY26 net income rises 42.1% to $268.8 million; revenue falls 2.3% to $995.7 million vs prior quarter
W
WAL• Quarterly results and balance sheet trends
- Western Alliance Bancorporation Q2 2026 net income rose 42.1% from Q1 to $268.8 million; EPS climbed 43% to $2.36.
- Net revenue slipped 2.3% from Q1 to $995.7 million; non-interest income fell to $198.8 million from lower securities-sale gains.
- Net interest income increased 4% from Q1 to $796.9 million; net interest margin eased 0.01 percentage point to 3.53%.
- Provision for credit losses dropped to $80.4 million from Q1’s $213.2 million; net charge-offs fell to 0.37% of average loans.
- HFI loans grew 3.1% from Q1 to $60.9 billion while deposits declined 1% to $81.9 billion as it launched a deposit optimization strategy.
•
