Stock Analysis

WaFd’s (WAFD) Stable Earnings and Share Buybacks Might Change The Case For Investing In WaFd (WAFD)

NasdaqGS:WAFD
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  • WaFd, Inc. recently reported its third quarter and nine-month financial results, showing relatively stable net income and earnings per share compared to the previous year, while net charge-offs for the third quarter edged up slightly to US$5.4 million.
  • The company also updated its ongoing share buyback program, having repurchased over 1.66 million shares in the most recent quarter, which may signal continued focus on returning value to shareholders.
  • We'll explore how WaFd's steady earnings and active share repurchases contribute to the company's investment narrative for stakeholders.

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What Is WaFd's Investment Narrative?

Investing in WaFd means believing in steady operational execution, careful capital management, and an ability to weather shifts in the regional banking landscape. The most recent quarterly results highlighted relatively stable earnings per share and net income versus last year, while a modest uptick in net charge-offs and slightly lower net interest income may remind observers of the ongoing pressures facing banks. Still, WaFd's active share repurchase program and reliable dividend show a tangible commitment to shareholder returns, qualities that have long appealed to value-focused investors. The incremental rise in credit losses this quarter is important to watch, but with no sharp deviation from prior periods and only minor share price movement after results, the immediate impact on key short term catalysts like buybacks or dividend policy appears limited. For now, the big questions remain around maintaining asset quality and sustaining profitability amid a still-evolving credit cycle.
Conversely, investors should not overlook the recent rise in net charge-offs.

WaFd's shares have been on the rise but are still potentially undervalued by 49%. Find out what it's worth.

Exploring Other Perspectives

WAFD Community Fair Values as at Jul 2025
WAFD Community Fair Values as at Jul 2025
Multiple fair value estimates from the Simply Wall St Community span US$22 to above US$58, capturing highly varied stock outlooks from three different viewpoints. Against this backdrop, the recent rise in credit losses could shape expectations for future profitability trends and is something every long-term investor should keep an eye on. If you want to see how others interpret WaFd's position, there are several alternative viewpoints to consider.

Explore 3 other fair value estimates on WaFd - why the stock might be worth as much as 95% more than the current price!

Build Your Own WaFd Narrative

Disagree with this assessment? Create your own narrative in under 3 minutes - extraordinary investment returns rarely come from following the herd.

  • A great starting point for your WaFd research is our analysis highlighting 5 key rewards that could impact your investment decision.
  • Our free WaFd research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate WaFd's overall financial health at a glance.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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About NasdaqGS:WAFD

WaFd

Operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States.

Flawless balance sheet, undervalued and pays a dividend.

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