PackageTrendsPeer
Letter portraitLegal landscape

Western Alliance Bank

Phoenix, AZ · Cert 57512 · Western Alliance Bcorp

State charter, Fed member · FED · 38 branches

Q2 2026

Board Package

Performance Trends and Peer Comparison

Part 1Performance Trends, own institution only2
Part 2Peer Comparison, banks over $10B in assets3

Basis

Quarter: Q2 2026, the quarter ended June 30, 2026, on both parts.

Income statement: year to date as filed, annualized, on both parts.

Balance sheet: as filed at quarter end.

Peer group

Banks over $10B in assets (n=142 to 144). Each measure ranks only the institutions that reported it, so n varies by measure.

Peer groups below the disclosure floor are suppressed.

Peer standing

Capital

20

Q2 2024Q2 2026peer median (50)

Asset Quality

9

Q2 2024Q2 2026peer median (50)

Profitability

51

Q2 2024Q2 2026peer median (50)

Liquidity

76

Q2 2024Q2 2026peer median

Efficiency

51

Q2 2024Q2 2026peer median (50)

Growth

No peer data yet

Capital, Asset Quality, Profitability, Efficiency: higher is always a stronger peer standing (▲ better, ▼ worse). Liquidity, Growth: the score reflects closeness to the peer median -- 100 is sitting exactly at the median, falling the same way whether the bank runs above or below it.

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas.

CallReports · callreports.ai · Board PackageGenerated 2026-10-10

Western Alliance Bank

Phoenix, AZ · Cert 57512 · Western Alliance Bcorp

State charter, Fed member · FED · 38 branches

Q2 2026

$98.6BAssets
$65.6BLoans
$82.3BDeposits
$7.9BEquity
Loan mix
75%RE $34.6B25%C&I $11.4B0%Consumer $0.0BQ2 2025Q2 2026
Deposit mix
66%Interest-bearing $54.5B34%Noninterest $27.8BQ2 2025Q2 2026

NIM

5.54%Q2 ’245.17%Q2 ’254.88%Q2 ’26-2%+2%

Non-interest income vs. expense

2.52%Q2 ’242.32%Q2 ’252.44%Q2 ’26-11%-28%

Market Position · Phoenix-Mesa-Chandler, AZ · 2026 SOD (annual) · 26.8% share · #1 of 55 inst. · $51.5B of $192.0B

27.3% Maricopa
6.6% San Diego
4.4% Santa Clara
6.4% Clark

Executive Summary

  • Earnings: ROA of 1.16%, up 12 bps year over year; NIM at 3.19%.
  • Asset quality: problem loans at 2.82% of loans (+90 bps YoY), with net charge-offs at 0.80%.
  • Capital: tier 1 leverage ratio of 8.08%, down 55 bps from a year ago.
  • Funding: loans stand at 79.66% of deposits as of Q2 2026.

Financial Results

Return on Assets (YTD, annualized)

1.16%+12 bps YoY

Net Interest Margin (YTD, annualized)

3.19%+5 bps YoY

Efficiency Ratio (YTD, annualized)

55.67%-666 bps YoY

Tier 1 Leverage Ratio

8.08%-55 bps YoY

Year to date, annualized, through each quarter.

MetricQ2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.04%1.06%1.10%0.73%1.16%+12 bps
Return on Equity12.16%12.47%12.98%9.01%14.37%+221 bps
Net Interest Margin3.14%3.09%3.06%3.23%3.19%+5 bps
Efficiency Ratio62.33%60.94%60.19%59.37%55.67%-666 bps
Non-Interest Burden1.73%1.63%1.57%1.59%1.24%-49 bps
Growth
Asset Growth (YoY)7.65%13.61%14.68%19.08%13.79%+614 bps
Loan Growth (YoY)8.40%8.06%10.68%8.36%10.52%+212 bps
Deposit Growth (YoY)7.18%13.40%16.30%19.36%15.33%+815 bps
Asset Quality
Nonperforming Loans / Loans1.92%2.08%2.41%2.82%2.82%+90 bps
Net Charge-Offs / Loans0.19%0.19%0.21%1.32%0.80%+62 bps
Allowance / Loans0.67%0.73%0.74%0.73%0.74%+8 bps
Allowance Coverage of NPLs0.3x0.3x0.3x0.3x0.3x-0.1x
Capital
Tier 1 Leverage Ratio8.63%8.36%8.25%8.12%8.08%-55 bps
Total Risk-Based Capital13.46%13.62%13.67%13.50%13.45%-1 bps
Equity / Assets8.54%8.44%8.43%7.81%8.05%-49 bps
Liquidity & Funding
Loans / Deposits83.12%78.07%80.23%76.02%79.66%-347 bps
Liquid Assets / Assets4.46%7.51%5.05%9.72%7.26%+280 bps
CRE / Total Capitaln/a210%204%204%n/an/a

Source: FFIEC Call Report (031/041/051), as filed. Dollar figures derived from reported amounts in thousands. Ratios computed by CallReports.ai using published regulatory formulas. Income-statement figures are year-to-date as filed, annualized (the UBPR convention). Each quarter includes the ones before it.

CallReports · callreports.ai· Performance TrendsGenerated 2026-10-10

Western Alliance Bank

Phoenix, AZ · Cert 57512 · Peer group: banks over $10B in assets (n=142-144) · Western Alliance Bcorp

State charter, Fed member · FED · 38 branches

Q2 2026

$98.6BAssets
$65.6BLoans
$82.3BDeposits
$7.9BEquity

Executive Summary

  • Strongest standing: return on equity outperforms 74% of banks over $10B in assets (rank 38 of 144).
  • Widest gap: nonperforming loans / loans trails 96% of banks over $10B in assets (rank 138 of 142).
  • Overall: at or above the peer median on 2 of 9 directional measures.

Return on Assets

1.14%

Rank 91 of 144

Net Interest Margin

3.19%

Rank 84 of 144

Efficiency Ratio

55.87%

Rank 71 of 144

Equity / Assets

8.05%

Rank 128 of 144

Non-interest income vs. expense

$1.2B$2.4BINCOMEEXPENSE
Unfavorable gap of $1.2B · efficiency ratio beats 51% of banks over $10B in assets
Bank 55.87%Peer median 56.0%Q3 2024Q2 2026Shaded: peer 25th to 75th percentile
MetricYour BankPeer 25thPeer MedianPeer 75thStandingRankPeer Position
Earnings
Return on Assets1.14%1.00%1.26%1.54%Beats 37%91 / 144
Return on Equity14.17%8.98%11.34%14.40%Beats 74%38 / 144
Net Interest Margin3.19%2.82%3.31%3.68%Beats 42%84 / 144
Efficiency Ratio55.87%49.42%56.02%62.41%Beats 51%71 / 144
Asset Quality
Nonperforming Loans / Loans2.82%0.48%0.73%1.07%Beats 4%138 / 142
Net Charge-Offs / Loans0.41%0.05%0.11%0.22%Beats 14%123 / 142
Capital
Tier 1 Capital Ratio12.03%12.07%12.98%14.92%Beats 23%111 / 144
Total Risk-Based Capital Ratio13.45%13.39%14.14%16.25%Beats 26%107 / 144
Equity / Assets8.05%9.69%11.39%12.96%Beats 11%128 / 144
Liquidity & Funding
Loans / Deposits79.66%75.72%84.92%91.56%33rd pctl96 / 143
Loans / Assets66.53%59.83%69.07%74.80%38th pctl90 / 144
Brokered Deposits / Depositsn/aNot reported for this institution