Earnings summaries and quarterly performance for WAFD.
Research analysts who have asked questions during WAFD earnings calls.
Andrew Terrell
Stephens Inc.
2 questions for WAFD
Also covers: AVBH, BANC, BANR +18 more
JR
Jeffrey Rulis
D.A. Davidson Companies
2 questions for WAFD
KM
Kelly Motta
Keefe, Bruyette & Woods
2 questions for WAFD
Also covers: AX, BANR, BOH +20 more
MC
Matthew Clark
Piper Sandler
2 questions for WAFD
Also covers: AVBH, BANC, BANR +24 more
AT
Andrew Tyrrell
Stephens
1 question for WAFD
Jeff Rulis
D.A. Davidson & Co.
1 question for WAFD
Also covers: ALRS, BANR, BMRC +17 more
KM
Kelli Motta
KBW
1 question for WAFD
Recent press releases and 8-K filings for WAFD.
WaFd, Inc. Announces Dividend and Increased Share Repurchase Authorization
WAFD
Dividends
Share Buyback
- WaFd, Inc. declared a cash dividend of 27 cents per share, which will be paid on February 27, 2026, to common shareholders of record as of February 13, 2026. This marks the company's 172nd consecutive quarterly cash dividend.
- The Board of Directors increased the share repurchase authorization by 4.5 million shares, bringing the total authorized amount to 10 million shares.
- Over the past seven quarters, the company repurchased 5.8 million shares at a weighted average price of $29.45, which represented 7% of shares outstanding as of March 31, 2024.
- As of December 31, 2025, WaFd, Inc. reported $27.3 billion in assets, $21.4 billion in deposits, and $3.0 billion in shareholders’ equity.
3 days ago
WaFd Inc. Holds FY 2026 Annual General Meeting, Announces Board and Proxy Vote Results
WAFD
Board Change
Executive Compensation
Proxy Vote Outcomes
- At its FY 2026 Annual General Meeting, WaFd Inc. shareholders re-elected four directors for three-year terms ending in 2029, approved executive compensation with 96.1% in favor, and ratified Deloitte & Touche LLP as the independent auditor for fiscal year 2026 with 97.9% in favor.
- David K. Grant is retiring from the board, and Bradley M. Shuster will succeed him as chairman of the Audit Committee.
- Management confirmed WaFd's strategic plan is to deliver excellent shareholder returns and stated that while the board would consider a takeover bid, the company has no intention of marketing itself for acquisition, preferring to be an acquirer.
- WaFd Bank maintains its commitment to local branching for small businesses, continues to invest in digital tools, and is exploring the use of AI to enhance customer service delivery.
3 days ago
WaFd Inc. Holds FY 2026 Annual Meeting, Announces Preliminary Proxy Vote Outcomes
WAFD
Board Change
Executive Compensation
Proxy Vote Outcomes
- WaFd Inc. held its annual meeting of shareholders for FY 2026 on February 3, 2026, where preliminary voting results were announced for the election of directors, executive compensation, and the appointment of the independent auditor.
- David K. Grant is retiring from the board, and Bradley M. Shuster will assume the role of Chairman of the Audit Committee.
- Shareholders approved the re-election of four directors—Steven Graham, Randall H. Talbot, Bradley M. Shuster, and M. Max Yzaguirre—for three-year terms ending in 2029, with approval percentages ranging from 84.6% to 98.2%.
- The non-binding advisory vote on executive compensation was approved with 96.1% in favor, and the appointment of Deloitte & Touche LLP as the independent auditor for fiscal year 2026 was ratified with 97.9% in favor.
- Management outlined a strategic focus on balancing physical locations for small businesses with digital tools and AI investments, and stated a preference for WaFd to be an acquirer rather than an acquiree.
3 days ago
WaFd Bank's CRA Rating Upgraded to Satisfactory
WAFD
Legal Proceedings
- WaFd Bank, a wholly-owned subsidiary of WaFd, Inc., prevailed on its appeal of its Community Reinvestment Act (CRA) rating.
- On January 16, 2026, the Supervision Appeals Review Committee (SARC) of the FDIC upgraded the Bank's CRA lending test rating from "Needs to Improve" to "Low Satisfactory" and its overall CRA rating to "Satisfactory".
- The initial "Needs to Improve" rating was received on December 27, 2024, for the period spanning June 3, 2020, to March 26, 2024.
- This upgrade allows WaFd Bank to operate without the restrictions associated with a "Needs to Improve" CRA rating.
Jan 22, 2026, 5:34 PM
WaFd Bank's CRA Rating Upgraded to Satisfactory
WAFD
Legal Proceedings
- On January 16, 2026, WaFd Bank's appeal was granted, upgrading its overall Community Reinvestment Act (CRA) rating to "Satisfactory" from the previous "Needs to Improve" rating received on December 27, 2024.
- The CRA lending test rating was also elevated to "Low Satisfactory" from "Needs to Improve".
- This upgrade removes restrictions associated with a "Needs to Improve" CRA rating, which covered the period from June 3, 2020, to March 26, 2024.
- As of December 31, 2025, WaFd Bank reported $27.3 billion in assets, $21.4 billion in deposits, and $3.0 billion in shareholders' equity.
Jan 21, 2026, 10:00 PM
WaFd Inc. Announces Q1 2026 Results
WAFD
Earnings
Share Buyback
Demand Weakening
- WaFd Inc. reported diluted earnings per common share of $0.79 and net income of $64.2 million for the quarter ended December 31, 2025. This represents a 10% increase in EPS on a linked quarter basis and a 46% increase compared to the same period last year.
- Key profitability metrics for the quarter included a return on average assets of 0.96%, a return on tangible common equity of 10.57%, a net interest margin of 2.70%, and an efficiency ratio of 55.25%.
- The company returned capital to shareholders by paying a cash dividend of $0.27 per share on December 5, 2025, and repurchasing 1,950,013 shares at a weighted average price of $29.75 per share during the quarter. These repurchases contributed to a 7.1% annualized growth in tangible book value per share.
- Credit quality metrics showed an increase in stress, with non-performing assets rising to $203 million, or 0.75% of total assets, from $143 million (0.54%) in the prior quarter, and delinquent loans increasing to 1.07% of total loans from 0.60%. Net charge-offs were $3.7 million for the quarter.
- Total assets increased to $27.3 billion as of December 31, 2025, from $26.7 billion at September 30, 2025, primarily due to investment security purchases, while net loans decreased to $19.8 billion and customer deposits remained largely unchanged at $21.4 billion.
Jan 16, 2026, 4:49 PM
WaFd Inc. Reports Q1 2026 Earnings with EPS Growth and Increased Non-Performing Assets
WAFD
Earnings
Share Buyback
Demand Weakening
- WaFd Inc. reported net income available to common shareholders of $60.5 million, or $0.79 per diluted share, for the first quarter of fiscal 2026, representing a 40% year-over-year growth in EPS.
- The net interest margin was 2.7% for the quarter, influenced by $5 million in non-accrual interest and mortgage-backed securities purchases. Total deposits decreased by $21 million, though non-interest-bearing deposits increased by $125 million (4.9%).
- Credit quality metrics showed an increase in non-performing assets to $203 million (0.75% of total assets) and delinquent loans to 1.07% of total loans. The net provision for credit losses was $3.5 million, with $3.7 million in net loan charge-offs.
- The company repurchased 1.95 million shares at a weighted average price of $29.75 during the quarter, with 6.3 million shares remaining under authorization.
- WaFd aims to grow its active loan portfolios by 8%-12% over the next one to two years and increase non-interest-bearing deposits to 20% of total deposits by 2030. The total lending pipeline increased by $697 million (28%) to $3.2 billion.
Jan 16, 2026, 3:00 PM
WaFd Inc. Reports Q1 2026 Earnings with EPS Growth and Strategic Progress
WAFD
Earnings
Share Buyback
Guidance Update
- WaFd Inc. reported net income available to common shareholders of $60.5 million or $0.79 per diluted share for the fiscal first quarter ended December 31, 2025, representing a 10% linked-quarter EPS growth.
- The net interest margin was 2.7% for the quarter, with a spot rate of 2.77% at December 2025, and the company aims to reach a 3% margin within the next two years.
- Total loans receivable decreased by $240 million, primarily due to inactive loan type runoff, while active loan originations were $1.1 billion. Non-performing assets increased to $203 million, or 0.75% of total assets, from $143 million (0.54%) in the prior quarter.
- The company repurchased 1.95 million shares at a weighted average price of $29.75 during the quarter, with 6.3 million shares remaining under authorization.
- Strategic initiatives include increasing non-interest-bearing deposits to 20% by 2030 (currently 12.6%) and growing active loan portfolios by 8%-12% over the next one to two years, supported by a $3.2 billion lending pipeline.
Jan 16, 2026, 3:00 PM
WaFd Inc. Reports Q1 2026 Earnings with EPS Growth and Strategic Progress
WAFD
Earnings
Share Buyback
New Projects/Investments
- WaFd Inc. reported net income of $60.5 million or $0.79 per diluted share for the quarter ended December 31, 2025, reflecting 10% linked-quarter EPS growth. The net interest margin was 2.7%, and the efficiency ratio improved to 55.3%.
- Loans receivable decreased by $240 million, primarily due to a reduction in inactive loan types, while total investments and mortgage-backed securities increased by $728 million, funded by $671 million in borrowings.
- Non-performing assets increased to $203 million (0.75% of total assets), driven by a 49% increase in non-accrual loans since September 30, 2025. Delinquent loans rose to 1.07% of total loans, and the net provision for credit losses was $3.5 million.
- The company aims to achieve a 3% net interest margin within two years and expects active loan portfolios to grow 6%-10% in fiscal year 2026. WaFd repurchased 1.95 million shares at a weighted average price of $29.75 during the quarter.
Jan 16, 2026, 3:00 PM
WAFD, INC. Reports Q4 2025 Financial Results and Capital Actions
WAFD
Earnings
Dividends
Share Buyback
- WAFD, INC. reported net income of $60,597 thousand for the three months ended September 30, 2025, with an efficiency ratio of 56.82% for the same period.
- As of September 30, 2025, the company held total assets of $26.7 billion, total loans held for investment of $20.1 billion, and total deposits of $21.4 billion.
- The company's asset quality showed non-performing assets of $143 million (0.54% of Total Assets) and an Allowance for Credit Losses (ACL) of $200 million, covering 140% of total NPAs as of September 30, 2025.
- WAFD returned capital to shareholders with a $0.27 cash dividend and repurchased 3,447,771 shares in fiscal year 2025 at a weighted average price of $29.56, with 8.2 million shares remaining in buyback authorization as of September 30, 2025.
- As of September 30, 2025, 24.7% of total deposits were uninsured and uncollateralized.
Nov 12, 2025, 7:47 PM
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