WaFd (WAFD) Stock Overview
Operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 5/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Rewards
Risk Analysis
No risks detected for WAFD from our risk checks.
WAFD Community Fair Values
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Analyst Price Targets
WaFd, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.29 |
| 52 Week High | US$39.49 |
| 52 Week Low | US$26.31 |
| Beta | 0.82 |
| 1 Month Change | -11.24% |
| 3 Month Change | -13.34% |
| 1 Year Change | 3.23% |
| 3 Year Change | 25.79% |
| 5 Year Change | -6.70% |
| Change since IPO | 3,258.26% |
Recent News & Updates
WAFD: Reverse Merger And Stable Margins Will Shape Future Upside Potential
Analysts have raised their price target on WaFd stock by $2 to $40, citing a Q3 earnings beat, better than expected net loan growth, and expectations for largely stable net interest margins after 42 basis points of expansion since Q1 2025. What’s in the News for WaFd WaFd and EverBank agreed to a US$3.9b reverse merger that would create a combined regional bank with about US$75b in assets, with WaFd to remain the publicly traded holding company and later adopt the EverBank Financial Corp name and Nasdaq ticker EVBK.WaFd Justifies A Downgrade After Its Pop Higher
Summary WaFd has outperformed the S&P 500 since May, but the easy gains appear to be behind us. WAFD's strategic shift from time deposits to transaction accounts improved net interest margin and profitability, despite a modest decline in total deposits. Valuation multiples have risen; WAFD now trades at a P/E of 11.1, above the author's preferred maximum of 10, though it is still attractive versus peers. Asset quality metrics, including sub-1% ROA and sub-10% ROE, prompt a downgrade to 'hold' as the risk/reward profile becomes less compelling. Read the full article on Seeking AlphaRecent updates
WAFD: Reverse Merger And Stable Margins Will Shape Future Upside Potential
Analysts have raised their price target on WaFd stock by $2 to $40, citing a Q3 earnings beat, better than expected net loan growth, and expectations for largely stable net interest margins after 42 basis points of expansion since Q1 2025. What’s in the News for WaFd WaFd and EverBank agreed to a US$3.9b reverse merger that would create a combined regional bank with about US$75b in assets, with WaFd to remain the publicly traded holding company and later adopt the EverBank Financial Corp name and Nasdaq ticker EVBK.WaFd Justifies A Downgrade After Its Pop Higher
Summary WaFd has outperformed the S&P 500 since May, but the easy gains appear to be behind us. WAFD's strategic shift from time deposits to transaction accounts improved net interest margin and profitability, despite a modest decline in total deposits. Valuation multiples have risen; WAFD now trades at a P/E of 11.1, above the author's preferred maximum of 10, though it is still attractive versus peers. Asset quality metrics, including sub-1% ROA and sub-10% ROE, prompt a downgrade to 'hold' as the risk/reward profile becomes less compelling. Read the full article on Seeking AlphaWAFD: Stable Margins And Buybacks Will Shape Balanced Future Return Profile
Analysts have nudged their fair value estimate for WaFd up from $37.25 to $39.00, citing recent price target increases to $40.00 and research that highlights better than expected net loan growth and stable net interest margins following the latest Q3 earnings beat. What’s in the News for WaFd WaFd reported net charge-offs of $1.6 million for the third fiscal quarter ended June 30, 2026, compared with $0.6 million for the prior quarter.WAFD: Higher Multiple And Buybacks Will Shape Balanced Return Profile
The analyst price target for WaFd has been revised from $31.00 to $37.25, with analysts citing updated assumptions on the discount rate, revenue growth, profit margin, and future P/E to support the higher valuation. Analyst Commentary Recent Street research on WaFd highlights a mix of optimism and caution around the stock's updated valuation framework, with analysts updating their models to reflect changes in discount rate assumptions, revenue expectations, profit margins, and future P/E levels.WaFd: Regional Bank With A 7.3% Yielding Preferred Share
Summary WaFd's preferred shares offer a 7.35% dividend yield, making them attractive for income investors despite recent value drops. The bank's net interest income has declined due to rising borrowing yields and falling asset yields, impacting profitability. The Luther Burbank merger improved WaFd's loan to deposit ratio, reducing dependence on costly external financing. Multifamily mortgage risks and low loan loss allowances are concerns, but preferred dividends remain secure with potential for capital appreciation. Read the full article on Seeking AlphaWaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield
Summary WaFd's merger with Luther Burbank Corporation has improved its loan-to-deposit ratio and reduced external borrowing, enhancing future net interest income and earnings potential. Despite the positive merger impact, WaFd faces risks from high loan-to-deposit ratios and lower-than-average allowance for credit losses, which could pressure earnings. WaFd's preferred shares offer an attractive 6.7% yield and trade at 73% of their call price, providing income and potential capital appreciation. I recommend WaFd's preferred shares for income investors, given their seniority to common shares and insulation from the bank's loan performance challenges. Read the full article on Seeking AlphaWaFd: Regional Bank Offering 7.6% Yielding Preferred Dividend
Summary WaFd, a regional bank, experienced a significant increase in share price after recent earnings. Financial performance showed growth in net interest income but volatility in some metrics, with risks related to loan losses. Stability in loan and deposit growth, but risks include inadequate credit loss allowance and concentration in certain loan types. Read the full article on Seeking AlphaHere's Why WaFd (NASDAQ:WAFD) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Here's Why We Think Washington Federal (NASDAQ:WAFD) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Here's Why We Think Washington Federal (NASDAQ:WAFD) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...Shareholder Returns
| WAFD | US Banks | US Market | |
|---|---|---|---|
| 7D | -3.9% | -2.0% | -0.1% |
| 1Y | 3.2% | 11.8% | 11.9% |
Return vs Industry: WAFD underperformed the US Banks industry which returned 11.8% over the past year.
Return vs Market: WAFD underperformed the US Market which returned 11.9% over the past year.
Price Volatility
| WAFD volatility | |
|---|---|
| WAFD Average Weekly Movement | 3.0% |
| Banks Industry Average Movement | 3.0% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.1% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: WAFD has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: WAFD's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1917 | 1,979 | Brent Beardall | www.wafdbank.com |
WaFd, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company provides deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It offers single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, as well as commercial and industrial loans.
WaFd, Inc. Fundamentals Summary
| WAFD fundamental statistics | |
|---|---|
| Market cap | US$2.40b |
| Earnings (TTM) | US$241.85m |
| Revenue (TTM) | US$761.06m |
Is WAFD overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WAFD income statement (TTM) | |
|---|---|
| Revenue | US$761.06m |
| Cost of Revenue | US$0 |
| Gross Profit | US$761.06m |
| Other Expenses | US$519.22m |
| Earnings | US$241.85m |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 3.27 |
| Gross Margin | 100.00% |
| Net Profit Margin | 31.78% |
| Debt/Equity Ratio | 111.1% |
How did WAFD perform over the long term?
See historical performance and comparisonDividends
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/21 21:41 |
| End of Day Share Price | 2026/09/21 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
WaFd, Inc. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Michael Diana | Cantor Fitzgerald & Co. |
| Jeffrey Rulis | D.A. Davidson & Co. |