Western Alliance Bancorp

Q2 FY2026 EarningsQ2 FY26 net income reached $268.8M, up 13.0% YoY and 42.1% QoQ, with diluted EPS of $2.36. Net interest income rose 14.2% YoY to $796.9M, supported by a stable net interest margin (NIM) of 3.53%. HFI loans grew 9.0% YoY to $60.9B, while a deposit optimization strategy led to a 15.1% YoY increase in total deposits to $81.9B despite a slight $849M sequential decline. Tangible book value per share increased 13.2% YoY to $63.24.