WEX Bank
Sandy, UT
IDRSSD: 2700984
Total Assets
$8.44B
Latest filing
Total Deposits
$6.30B
Latest filing
Net Interest Margin
10.02%
Profitability
Locations
Main office and branches. Select to view on the map.
Main Office
WEX Bank
111 E Sego Lily Dr
Sandy, UT 84070
Full Service - Brick and Mortar
Updated 11/14/2025Established 06/01/1998FDIC Certificate 61209
Branches (0)
Page 1 of 1| Name | Address | City / State | ||
|---|---|---|---|---|
| No branch data available. | ||||
| WEX Bank (Main) | 111 E Sego Lily Dr | Sandy, UT | ||
Quarterly Trends
Tooltip shows Quarter only. Download buttons export the chart only (CSV/PNG with white background).
Total Assets vs Total Liabilities
Loans & Leases vs Deposits
Interest Income vs Expense
Net Interest Income
Noninterest Expense vs Income
Net Income
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Institution Profile
| Institution Class | Commercial bank, state charter, Fed non-member, and supervised by the FDIC |
| Primary Regulator | FDIC |
| Established Date | 06/01/1998 |
| Community Bank | No |
| Ownership Type | Not Mutual |
| ZIP | 84070 |
| State and County Number | 49035 |
| Subchapter S Corporations | No |
| Trust Powers | N/A |
| Federal Reserve ID Number | 12 |
| Numeric code | 23 |
| Insured by FDIC | Institutions that are currently open and insured by the FDIC |
| Federal Reserve District | San Francisco |
| Core Based Statistical Area Name | Salt Lake City, UT |
Operational Info
| Number of Employees | 81 |
| Domestic Offices | 1 |
| Foreign Offices | 0 |
| US Offices | 0 |
| Directly owned by another bank (CERT) | No |
| Last Structure Change Effective Date | 08/31/2022 |
| Date of Deposit Insurance | 06/01/1998 |
| Primary Insurance Agency | DIF |
| Website | www.wexinc.com |
| Data Updated | 11/14/2025 |
| CERT | 34697 |
| Office of The Comptroller District: | — |
| Office of Thrift Supervision Region | N/A |
Financial Summary
| Total Assets | $8.44B |
| Total Deposits | $6.30B |
| Total Liabilities | $7.69B |
| Total Equity Capital | $752.82M |
| Net Income | $93.64M |
| Net Loans and Leases | $3.30B |
| Assets Per Employee ($Millions) | $102.91M |
| Bank Premises and Fixed Assets | $2.96M |
| Cash and Balances due from Depository Institutions | $670.02M |
| Deposits Held in Domestic Offices | $6.28B |
Key Performance Ratios
| Return on Assets (ROA) | 4.33% |
| Return on Equity (ROE) | 51.11% |
| Net Interest Margin | 10.02% |
| Efficiency Ratio | 59.18% |
| Tier 1 Risk-Based Capital Ratio | 758,613% |
| Net Loans and Leases to Core Deposits | 0% |
| Credit Loss Provision to Assets | 0.57% |
| Cash Dividends to Net Income (YTD Only) | 0% |
| Equity Capital to Assets | 8.921% |
| Earning Assets to total Assets | 93.91% |
Income and Expense
| Total Interest Income | $273.77M |
| Total Noninterest Income | $137.10M |
| Total Interest Expense | $69.81M |
| Total Noninterest Expense | $202.12M |
| Net Interest Income | $203.96M |
| Pre-tax Net Operating Income | $126.90M |
| Provision for Credit Losses | $12.04M |
| Discontinued Operations (Extraordinary Gains - Net) | $0 |
Additional Financial Info
| Goodwill and Other Intangibles | $0 |
| All Other Assets | $0 |
| Other Real Estate Owned | $0 |
| Other borrowed funds | $1.15B |
| Federal Funds Sold & Reverse Repurchase Agreement | $53.00k |
| Federal Funds Purchased and Repurchased Agreement | $0 |
| All Other Liabilities | $235.89M |
| Total Liabilities and Capital | $8.44B |
Securities
| Securities | $4.20B |
| Available-for-sale debt securities | $4.17B |
| Equity securities with readily determinable fair values not held for trading | $0 |
| Held-to-maturity securities | $0 |
| Subordinated Debt | $0 |
| Trading Account Assets | $0 |
| Trading Liabilities | $0 |
Frequently Asked Questions
What are the total assets of WEX Bank?
$8.44B as of the latest filing.
How much are WEX Bank's total deposits?
$6.30B in total deposits.
Where is WEX Bank located?
Sandy, UT.
What is the Net Interest Margin?
10.02%.
How many domestic offices does it operate?
1.
When was it established?
06/01/1998.
What is the Return on Assets (ROA)?
4.33%.
How much are total loans and leases?
$3.30B (latest filing).
What is the total interest income (latest filing)?
$273.77M.