WebBank: how it compares with its peers
Against 13 UT banks with half to twice its assets, WebBank's strongest measure in Q2 2026 is net interest margin (15.79% vs. a 6.05% peer median). Its weakest relative measure is efficiency ratio (63.14% vs. 39.05%).
| Measure | WebBank | Peer median | Rank |
|---|---|---|---|
| Return on assets Annualized net income over average assets. | 4.68% | 1.96% | Top third Ahead of 77% of peers |
| Net interest margin Annualized net interest income over earning assets. | 15.79% | 6.05% | Top third Ahead of 85% of peers |
| Efficiency ratio Noninterest expense per dollar of revenue. Lower is better. | 63.14% | 39.05% | Bottom third Ahead of 8% of peers |
| Assets per employee Total assets over full-time-equivalent staff. | $11.1M | $10.4M | Middle third Ahead of 54% of peers |
| Loans to deposits Net loans and leases over total deposits. | 106.38% | 89.54% | Context |
What it means for lending operations
Its efficiency ratio of 63.14% is above the 39.05% peer median: it spends more to earn each dollar of revenue than most banks its size. Staff time on manual borrower verification (collecting pay stubs, bank statements, and employment letters, then re-keying them) is one of the larger controllable costs behind that number.
Banks closest in size
- Medallion Bank Salt Lake City, UT · $2.83B
- State Bank of Southern Utah Cedar City, UT · $2.74B
- Nelnet Bank Draper, UT · $3.00B
- Cache Valley Bank Logan, UT · $3.49B
- Central Bank Provo, UT · $2.16B
- Square Financial Services, Inc. Salt Lake City, UT · $2.06B
Questions about WebBank
How big is WebBank?
WebBank, established in 1997, is headquartered in Salt Lake City, UT. It reported $2.86B in total assets in its Q2 2026 FDIC call report and operates 1 office.
What is WebBank's return on assets?
4.68% annualized in Q2 2026, against a 1.96% median for 13 UT banks with half to twice its assets, ahead of 77% of them.
What is WebBank's efficiency ratio?
63.14% in Q2 2026: it spent about 63 cents in noninterest expense for each dollar of revenue. The peer median is 39.05%, and lower is better.
Is WebBank growing its loans?
Net loans grew 34.9% over the year to Q2 2026, while deposits grew 33.7%.
Sources and method
Figures are from the FDIC’s public call report data for the quarter ending 06/30/2026, via FDIC BankFind. Return on assets and net interest margin are annualized year to date. Peers are UT banks with half to twice its assets in the same quarter, excluding this bank. The page refreshes daily, so new quarters appear as banks file. Compare another bank or see every Utah bank ranked.