Optum Bank, Inc.
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Data as of · sourced from FFIEC call reports. How we update
Optum Bank, Inc. is an FDIC-insured commercial bank headquartered in Draper, UT, established in 2003 (FDIC certificate 57408), and it is supervised by the FDIC. At Q2 2026 it reported total assets of $21.43B, up 9.5% from Q2 2025, the 9th largest of 44 banks headquartered in Utah. Its CET1 capital ratio was 17.86% at Q2 2026, comfortably above the 7% level required once the capital conservation buffer is included.
- Charter
- Commercial bank
- Regulator
- FDIC
- Deposit insurance
- FDIC
- FDIC certificate
- 57408
- Headquarters
- Draper, UT
- Established
- 2003
- Total assets, Q2 2026
- $21.43B
- Assets vs Q2 2025
- +9.5%
- CET1 ratio, Q2 2026
- 17.86%
- Domestic offices
- 1 FDIC institution directory, current count
- Routing number
- 124384877
- Holding company
- UNITEDHEALTH GROUP INCORPORATED
- Asset rank in state
- 9th of 44 in Utah
Optum Bank, Inc. is one of the more profitable banks of its size. Its balance sheet stood at $21.4 billion at June 30, 2026, up 9.5% from a year earlier; it is based in Draper, Utah. It earns about $2.14 a year on every $100 of assets, higher than about 9 in 10 of the 127 banks with $10 billion to $100 billion in assets (median $1.32). It also spends about 28 cents to bring in each dollar of revenue, about half the median of 53 cents for banks its size.
Loans are outrunning deposits: over the year loans rose 25.3% and deposits rose 9.5%. Paper losses on its bond portfolio are shrinking: unrealized losses of $487 million equal 18% of Tier 1 capital, down from 26% a year earlier.
As of June 30, 2026, Optum Bank, Inc. reported a CET1 capital ratio of 17.86%, a return on assets of 2.14%, a nonperforming-loan ratio of 0.21% and a Texas ratio of 1.19%. The figures come from its call report filed with the FFIEC.
Optum Bank, Inc. ranks as the 9th largest of the 44 banks based in Utah, by total assets at Q2 2026. Between Q1 2026 and Q2 2026, its total assets rose 2.1% to $21.43B, loans rose 4.8% and deposits rose 1.7%. The largest part of its loan book on June 30, 2026 was non-owner-occupied commercial real estate loans, at 42.5% of total loans, ahead of other consumer loans at 22.3%. Its one office in the FDIC Summary of Deposits is in Draper, UT. Judged on its Q2 2026 call report, Optum Bank, Inc. meets every capital ratio test for well capitalized.
Headquarters Profile
- Address
- 12921 S Vista Station Blvd, Draper, UT 84020
- County
- Salt Lake
- Metro Area
- Salt Lake City-Murray, UT
- Charter
- Commercial bank, state charter, Fed non-member, FDIC-supervised
- Primary Regulator
- FDIC
- FDIC Region
- San Francisco (Region 14)
- Federal Reserve member
- No
- Federal Reserve district
- District 12, San Francisco
- Fiduciary (trust) powers
- —
- Call Report form
- FFIEC 041
- Established
- July 21, 2003
- Former names
- OptumHealth Bank, Inc. (2007-2012)
- Domestic offices
- 1 FDIC institution directory, current count
- Employees (FTE)
- 863
- Domestic deposits
- $16.52B
- Allowance for credit losses
- $92.0M
- Net charge-offs (YTD)
- $11.0M
- Average total assets
- $21.67B
- Average total loans
- $9.76B
- Average interest-bearing deposits
- $14.50B
- Tax status
- C corporation
- Ownership
- Stock
- Community bank
- No
- FDIC-insured since
- July 21, 2003
- FDIC Cert
- 57408
- Fed RSSD
- 3202702
- SEC CIK
- 731766 → filed by UNITEDHEALTH GROUP INCORPORATED
- Website
- www.optumbank.com →
- Parent Holding Company
- UNITEDHEALTH GROUP INCORPORATED (RSSD 4665014) · UNH
Profitability
Q2 annualizedCapital & Liquidity
Balance Sheet
Income Statement
Operating & Funding
Ratios tagged annualized use the Q2 income alone. The UBPR and FDIC annualize the year to date instead. FDIC BankFind divides by the average of quarter-end total assets, the UBPR by RC-K average assets. The YTD margin is the UBPR's tax-equivalent figure over its own average earning assets; FDIC BankFind's margin is not tax-equivalent. How we compute these figures
Quarterly trends
From Q3 2023 to Q2 2026, Optum Bank, Inc.'s total assets ranged from $15.98B (Q3 2023) to $21.43B (Q2 2026), and it earned a profit in all 12 quarters. The line under each chart compares Q2 2026 with Q2 2025. How these charts are built
$21.43B total assets against $19.57B; $18.25B total liabilities against $16.99B.
$9.86B net loans and leases against $7.87B; $16.52B total deposits against $15.09B.
$9.11B securities against $9.37B; $1.11B cash and balances due against $992.0M.
$252.0M total interest income against $213.0M; $29.0M total interest expense against $18.0M.
$223.0M net interest income against $195.0M.
$42.0M total noninterest income against $64.0M; $84.0M total noninterest expense against $77.0M.
$16.0M provision for credit losses against $18.0M.
$116.0M net income against $127.0M.
2.14% return on assets against 2.58%; 4.33% net interest margin against 4.20%.
17.86% CET1 capital ratio against 15.77%; 13.22% tier 1 leverage ratio against 11.56%.
Inside the full Optum Bank, Inc. terminal
21 quarters of trends · 8 tabs · peer percentiles · watchlist alerts
Unlock this bank, freeWatch flags
Automated conditions triggered on this bank's latest filing. Advisory only; see the source metric pages for full context. Each flag is tagged Regulatory when it cites an official supervisory threshold, or BRR analysis when it's our own band, informed by our data and models.
Commercial real estate loans are between 200% and 300% of total capital, approaching the 2006 interagency guidance threshold of 300% that triggers heightened supervisory attention. BankRegReports early-warning band below the 300% guidance.
Optum Bank, Inc. rankings
Its closest position to the top of a national ranking is 35 of 3,606, for efficiency ratio; its furthest is 968 of 980, for uninsured deposits.
Metric pages for Optum Bank, Inc.: Efficiency ratio.
Quarterly trend: last 8 quarters
From Q3 2024 to Q2 2026, its return on assets ran from 2.14% (Q2 2026) to 3.52% (Q4 2024) and its net interest margin ran from 3.98% (Q3 2024) to 4.34% (Q1 2026).
| Quarter | CET1 | ROA | NPL | Texas | NIM |
|---|---|---|---|---|---|
| Q2 2026 | 17.86% | 2.14% | 0.21% | 1.19% | 4.33% |
| Q1 2026 | 17.52% | 2.86% | 0.21% | 1.21% | 4.34% |
| Q4 2025 | 16.97% | 2.60% | 0.20% | 1.19% | 4.19% |
| Q3 2025 | 16.32% | 2.56% | 0.19% | 1.20% | 4.32% |
| Q2 2025 | 15.77% | 2.58% | 0.19% | 1.29% | 4.20% |
| Q1 2025 | 15.65% | 2.80% | 0.14% | 1.13% | 4.15% |
| Q4 2024 | 15.07% | 3.52% | 0.28% | 1.93% | 3.99% |
| Q3 2024 | 14.41% | 3.19% | 0.29% | 1.31% | 3.98% |
Swipe the table sideways to see every column.
Branch Network
View the branch → Branch count from the FDIC Summary of Deposits, June 30, 2026. The domestic office count above is the FDIC's current figure, so the two can differ.
| Branch | Location | ZIP | Deposits |
|---|---|---|---|
| Optum Bank, Inc. (main office) | Draper , UT | 84020 | $16.52B |
Regulatory record
Facts as filed or published, not a rating.
- Deposit market share
- 1.3% of deposits in UT, rank 11 of 63 institutions
- Period: June 30, 2026. Source: FDIC Summary of Deposits.
- Not on file
- Enforcement actions, Mortgage lending (HMDA), SBA 7(a) lending, Consumer complaints, CFPB enforcement, CRA examination rating. No record from these sources, which is not the same as a clean record. Sources
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Frequently asked about Optum Bank, Inc.
What are Optum Bank, Inc.'s total assets?
As of the Q2 2026 filing, Optum Bank, Inc. reported total assets of $21.43 billion in its FFIEC call report.
Where is Optum Bank, Inc. headquartered?
It is headquartered in Draper, UT, United States.
When was Optum Bank, Inc. founded?
It was established in 2003, per the FDIC institution directory.
Is Optum Bank, Inc. FDIC-insured?
Yes. It is an FDIC-insured commercial bank (FDIC Certificate #57408). Deposits are insured up to $250,000 per depositor, per insured bank, for each account ownership category, per FDIC rules.
Who regulates Optum Bank, Inc.?
Optum Bank, Inc.'s primary federal regulator is the FDIC.
What is Optum Bank, Inc.'s CET1 capital ratio?
It reported a Common Equity Tier 1 (CET1) capital ratio of 17.86% in its Q2 2026 call report, comfortably above the 7% level required once the capital conservation buffer is included.
How many branches does Optum Bank, Inc. operate?
It operates 1 domestic office, per the FDIC institution directory. That count includes administrative and limited-service offices as well as full-service branches.
What is Optum Bank, Inc.'s Texas Ratio?
Its Texas Ratio is 1.19% in its Q2 2026 call report, within the healthy range (at or below 50%, the level at which problem assets reach half of the capital cushion). The Texas Ratio measures non-performing assets against the bank's capital and reserves.
What was Optum Bank, Inc. previously called?
The charter now named Optum Bank, Inc. has also operated as OptumHealth Bank, Inc. (2007-2012), per FDIC structure-change records.
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