Advertisement
Wex Bank
Sandy, UT · FDIC Certificate #34697 · Chartered 06/0
Total assets
$10.71B
Total deposits
$7.91B
Total equity
$856.10M
Net loans
$4.32B
Branches (offices)
1
Net income (YTD)
$205.42M
Rank: #152 of 4,213 U.S. banks by assets · #13 of 44 in Utah. Assets changed 20.7% and deposits 21.4% over the year to June 30, 2026.
Advertisement
Key ratios
| Return on assets (YTD, annualized by FDIC) | 4.30% |
| Return on equity | 51.92% |
| Net interest margin (YTD) | 10.58% |
| Equity to assets | 7.99% |
| Tier 1 leverage ratio | 8.93% |
| Uninsured deposits (share of deposits) | 13.8% |
| Noncurrent loans (share of loans) | 0.44% |
| Net charge-offs (share of loans) | 1.96% |
| Loans to deposits | 54.7% |
| Real estate loans (share of loans) | 0.2% |
Loan mix
| Category | Amount | Share | |
|---|---|---|---|
| Real estate loans | $8.11M | 0.2% | |
| Commercial & industrial | $4.37B | 101.1% | |
| Consumer / individual | $0 | 0.0% | |
| Construction & development | $0 | 0.0% | |
| Agricultural | $0 | 0.0% |
Five-year trend (June snapshots)
| Period | Total assets | Deposits | Net income (year to date) | Equity / net worth |
|---|---|---|---|---|
| Jun 2022 | $5.95B | $5.12B | $66.80M | $442.99M |
| Jun 2023 | $6.90B | $5.57B | $163.41M | $522.00M |
| Jun 2024 | $7.60B | $5.69B | $153.34M | $550.75M |
| Jun 2025 | $8.87B | $6.51B | $190.29M | $712.76M |
| Jun 2026 | $10.71B | $7.91B | $205.42M | $856.10M |
Where its branch deposits sit (FDIC Summary of Deposits)
| State | Branch deposits | Offices |
|---|---|---|
| Utah | $7.88B | 1 |
Branch deposits are booked at the office that holds them, which is not always where the customer lives. Total across all offices: $7.88B.
Similar-sized banks
Burke & Herbert Bank & Trust Company ($10.98B) · Washington Trust Bank ($10.54B)
Source: FDIC BankFind - Call Report and institution data as of June 30, 2026; branch deposits from the FDIC Summary of Deposits (June 30, 2026). See methodology.
Advertisement