What is WEX's net change in deposits?

WEX (WEX) reported net change in deposits of $318.3M in Q1 2026.

How has WEX's net change in deposits changed year-over-year?

WEX's net change in deposits increased by 64.7% year-over-year, from $193.3M to $318.3M.

What is the long-term trend for WEX's net change in deposits?

Over 2 years (2021 to 2025), WEX's net change in deposits has grown at a -22.7% compound annual growth rate (CAGR), from $1.62B to $967.8M.

What does net change in deposits mean?

Net increase or decrease in total customer deposits at a bank or financial institution.

WEX WEX Net change in deposits

Net change in deposits at other companies

NelnetNNI

$75.35M-40.8%

Ameris BancorpABCB

$260.75M+37.3%

WEXWEX

$318.3M+64.7%

Flagstar Bank FLG

$832M+142%

PopularBPOP

$1.43B+51.7%

GBC

Glacier BancorpGBCI

$150.65M+72.8%

Other financials

Income statement

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Revenue$673.8M+5.8%

Gross profit$393.7M+7.4%

Operating income$158.2M+0.6%

Net income$77.7M+8.7%

EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%

Total debt$5.2B-6.2%

Total equity$1.3B+57.3%

Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%

CapEx$37.5M+15.0%

Free cash flow-$368.3M+28.4%

Valuation

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Market cap$4.42B-13.8%

Profitability

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Gross margin58.8%-1.3pp

Operating margin24.6%-1.4pp

Net margin11.5%-0.6pp

FCF margin17%+16.8pp

Returns & leverage

See full

Return on equity29.8%+5.4pp

Debt / equity4.1×-2.8×

Current ratio1×0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInDeposits.

The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's net change in deposits?: WEX (WEX) reported net change in deposits of $318.3M in Q1 2026.
How has WEX's net change in deposits changed year-over-year?: WEX's net change in deposits increased by 64.7% year-over-year, from $193.3M to $318.3M.
What is the long-term trend for WEX's net change in deposits?: Over 2 years (2021 to 2025), WEX's net change in deposits has grown at a -22.7% compound annual growth rate (CAGR), from $1.62B to $967.8M.
What does net change in deposits mean?: Net increase or decrease in total customer deposits at a bank or financial institution.