Phoenix, AZ · Cert 57512 · Western Alliance Bcorp
State charter, Fed member · FED · 38 branches
Q2 2026
Market Position · Phoenix-Mesa-Chandler, AZ · 2026 SOD (annual) · 26.8% share · #1 of 55 inst. · $51.5B of $192.0B
Return on Assets (YTD, annualized)
Net Interest Margin (YTD, annualized)
Efficiency Ratio (YTD, annualized)
Tier 1 Leverage Ratio
Year to date, annualized, through each quarter.
| Metric | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | YoY Δ | Trend |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings | ||||||||||
| Return on Assets | 0.96% | 1.00% | 0.95% | 1.04% | 1.06% | 1.10% | 0.73% | 1.16% | +12 bps | |
| Return on Equity | 11.24% | 11.73% | 11.15% | 12.16% | 12.47% | 12.98% | 9.01% | 14.37% | +221 bps | |
| Net Interest Margin | 3.15% | 3.19% | 3.16% | 3.14% | 3.09% | 3.06% | 3.23% | 3.19% | +5 bps | |
| Efficiency Ratio | 65.82% | 64.53% | 64.89% | 62.33% | 60.94% | 60.19% | 59.37% | 55.67% | -666 bps | |
| Non-Interest Burden | 1.89% | 1.84% | 1.84% | 1.73% | 1.63% | 1.57% | 1.59% | 1.24% | -49 bps | |
| Growth | ||||||||||
| Asset Growth (YoY) | 13.32% | 14.13% | 7.78% | 7.65% | 13.61% | 14.68% | 19.08% | 13.79% | +614 bps | |
| Loan Growth (YoY) | 9.10% | 8.43% | 10.51% | 8.40% | 8.06% | 10.68% | 8.36% | 10.52% | +212 bps | |
| Deposit Growth (YoY) | 25.91% | 19.88% | 11.34% | 7.18% | 13.40% | 16.30% | 19.36% | 15.33% | +815 bps | |
| Asset Quality | ||||||||||
| Nonperforming Loans / Loans | 1.69% | 1.88% | 1.88% | 1.92% | 2.08% | 2.41% | 2.82% | 2.82% | +90 bps | |
| Net Charge-Offs / Loans | 0.14% | 0.17% | 0.18% | 0.19% | 0.19% | 0.21% | 1.32% | 0.80% | +62 bps | |
| Allowance / Loans | 0.64% | 0.66% | 0.67% | 0.67% | 0.73% | 0.74% | 0.73% | 0.74% | +8 bps | |
| Allowance Coverage of NPLs | 0.4x | 0.4x | 0.4x | 0.3x | 0.3x | 0.3x | 0.3x | 0.3x | -0.1x | |
| Capital | ||||||||||
| Tier 1 Leverage Ratio | 7.99% | 8.24% | 8.68% | 8.63% | 8.36% | 8.25% | 8.12% | 8.08% | -55 bps | |
| Total Risk-Based Capital | 13.24% | 13.30% | 13.62% | 13.46% | 13.62% | 13.67% | 13.50% | 13.45% | -1 bps | |
| Equity / Assets | 8.61% | 8.54% | 8.55% | 8.54% | 8.44% | 8.43% | 7.81% | 8.05% | -49 bps | |
| Liquidity & Funding | ||||||||||
| Loans / Deposits | 81.93% | 84.30% | 83.73% | 83.12% | 78.07% | 80.23% | 76.02% | 79.66% | -347 bps | |
| Liquid Assets / Assets | 4.65% | 6.56% | 5.27% | 4.46% | 7.51% | 5.05% | 9.72% | 7.26% | +280 bps | |
| CRE / Total Capital | n/a | n/a | n/a | n/a | 210% | 204% | 204% | n/a | n/a | |