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Western Alliance Bancorporation WAL Q2 2026 earnings

Reported July 21, 2026 · After market close

Revenue$1.0BBeat by $22.3M
EPS$2.36In line
Revenue estimate$980.5M
EPS estimate$2.36
“Earnings per share of $2.36, rose 6.3% from an adjusted EPS of $2.22 in the prior quarter. Our results were driven by quarterly HFI loan growth of $1.8 billion, which reflected ongoing momentum in our C&I businesses. Net interest income rose 4% from the prior quarter, primarily from a $2.7 billion increase in average earning assets, and benefitted from a stable net interest margin, which was supported by lower funding costs. Asset quality trends continue to improve. Special mention and classified accruing loans declined approximately 22% and 3.3%, respectively, while net charge-offs declined 2 basis points from the Q1 adjusted level to 0.37%. Tangible book value per share climbed 13.2% year-over-year to $63.24 and the CET1 ratio remained 11.0%, while our allowance for credit losses ratio increased 2 basis points to 0.89%.”
Kenneth A. Vecchione

Earnings data and commentary were extracted with AI from company filings and may contain errors. Verify important details in the filing.

Next report

Oct 20, 2026 (in a month)
Revenue estimate$990.5M
EPS estimate$2.46

Financials

Q2 2026

Income statement

See full
Revenue$995.7M+17.7%
Net income$261.7M+13.6%
EPS (diluted)$2.36+14.0%

Balance sheet

See full
Total debt$148.0M-95.5%
Total equity$7.8B+10.2%
Total assets$98.7B+13.8%

Valuation & ratios

Valuation

as of 09/17/26
See full
Market cap$8.62B-13.5%
P/E8.8×-3.0×
P/S2.2×-0.8×

Profitability

See full
Net margin25%-0.8pp

Returns & leverage

See full
Return on equity13.1%+0.6pp
Debt / equity0×-0.4×

FAQ

When did Western Alliance Bancorporation report Q2 2026 earnings?
Western Alliance Bancorporation (WAL) reported Q2 2026 earnings on July 21, 2026 after market close.
What were Western Alliance Bancorporation's Q2 2026 revenue and EPS?
Western Alliance Bancorporation reported revenue of $1.0B and eps of $2.36 for Q2 2026.
Did Western Alliance Bancorporation beat estimates in Q2 2026?
Revenue beat the consensus estimate of $980.5M by $22.3M. EPS beat the consensus estimate of $2.36 by $0.00.
How did Western Alliance Bancorporation's Q2 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 18.5% from $845.9M a year earlier and eps grew 14.0% from $2.07.
Where can I find Western Alliance Bancorporation's Q2 2026 SEC filings?
You can read the 8-K earnings release (0001628280-26-049001) and the 10-Q periodic report (0001628280-26-051418) directly on SEC EDGAR. The filing index links above go to sec.gov.