PackageTrendsPeer
Letter portraitLegal landscapeQuarterYTD

Alaska Air Group

Seatac, WA · Charter 8100

NCUA · 2 branches

Q2 2026

$135.9MAssets
$72.8MLoans
$115.0MShares
$19.9MNet Worth

Executive Summary

  • Earnings: ROA of 1.18%, down 58 bps year over year; NIM at 3.55%.
  • Asset quality: problem loans at 0.30% of loans (+13 bps YoY).
  • Capital: net worth / assets of 14.63%, down 8 bps from a year ago.
  • Funding: loans stand at 63.29% of shares as of Q2 2026.

Return on Assets (quarter, annualized)

1.18%-58 bps YoY

Net Interest Margin (quarter, annualized)

3.55%-27 bps YoY

Efficiency Ratio (quarter, annualized)

65.76%+742 bps YoY

Net Worth / Assets

14.63%-8 bps YoY

Discrete quarter, annualized.

MetricQ3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026YoY ΔTrend
Earnings
Return on Assets1.59%1.53%2.06%1.76%1.66%1.54%1.23%1.18%-58 bps
Return on Equity10.59%10.30%14.16%11.96%11.20%10.51%8.58%8.10%-386 bps
Net Interest Margin3.91%3.81%3.81%3.81%3.77%3.67%3.48%3.55%-27 bps
Efficiency Ratio60.03%60.62%54.05%58.34%59.39%60.82%65.97%65.76%+742 bps
Growth
Asset Growth (YoY)5.25%10.25%10.74%12.55%13.10%12.59%11.40%10.12%-243 bps
Loan Growth (YoY)12.79%11.00%6.81%3.93%5.36%6.47%5.77%5.58%+165 bps
Share Growth (YoY)4.25%10.27%11.17%13.10%13.96%13.35%11.44%10.21%-289 bps
Asset Quality
Delinquent Loans / Loans0.12%0.39%0.07%0.16%0.09%0.48%0.18%0.30%+13 bps
Net Charge-Offs / Loansn/an/an/an/an/an/an/an/an/an/a
Allowance / Loans0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps
Capital
Risk-Based Capital14.99%14.81%14.54%14.72%14.85%14.70%14.37%14.63%-8 bps
Net Worth / Assets14.99%14.81%14.54%14.72%14.85%14.70%14.37%14.63%-8 bps
Liquidity & Funding
Loans / Shares73.04%69.92%65.97%66.07%67.52%65.68%62.62%63.29%-277 bps
Liquid Assets / Assets0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0 bps