Western Alliance Bancorporation Reports Third Quarter 2026 Financial Results
Business Wire•19/10/2026•16:40 ET
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Key Highlights
- ➤Q3 net income $277.2 million; diluted EPS $2.45, up 7.5% year-over-year
- ➤PPNR $419.1 million, up 6.4% year-over-year
- ➤Net interest margin expanded four basis points to 3.57% quarterly
- ➤Nonaccrual loans fell 14% to 0.79% of funded HFI loans
- ➤Western Alliance repurchased $92.1 million of shares during Q3
Expert Statements
Kenneth A. Vecchione, Chairman, President and Chief Executive Officer of Western Alliance Bancorporation
“Western Alliance’s third quarter results featured enhanced profitability, lower deposit costs, improved asset quality and stronger reserve coverage, as well as accelerated share repurchase activity.”
Kenneth A. Vecchione, Chairman, President and Chief Executive Officer of Western Alliance Bancorporation
“Strong execution generated pre-provision net revenue(1) of $419 million, up $25 million, or 6.4%, year-over-year and earnings per share of $2.45, up $0.17, or 7.5%.”
Western Alliance Bancorporation Reports Third Quarter 2026 Financial Results
THIRD QUARTER 2026 FINANCIAL RESULTS Quarter Highlights: Net income Diluted earnings per share PPNR(1) Net interest margin Efficiency ratio(1) Book value per
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