WaFd (NASDAQ:WAFD) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS

WaFd (NASDAQ:WAFD) posted its quarterly earnings results on Thursday. The bank reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.01, reports. The business had revenue of $220.44 million for the quarter, compared to analyst estimates of $203.66 million. WaFd had a net margin of 18.47% and a return on equity of 8.98%.

WaFd Price Performance

Shares of WAFD traded down $0.30 during trading hours on Friday, reaching $29.15. The stock had a trading volume of 1,510,501 shares, compared to its average volume of 1,329,227. The company has a debt-to-equity ratio of 1.20, a quick ratio of 0.98 and a current ratio of 0.98. WaFd has a 12 month low of $26.31 and a 12 month high of $39.49. The stock has a market capitalization of $2.16 billion, a PE ratio of 9.20 and a beta of 0.89. The company’s 50-day moving average is $33.50 and its two-hundred day moving average is $35.00.

WaFd Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date was Friday, August 21st. WaFd’s dividend payout ratio is presently 34.07%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings downgraded shares of WaFd from a “buy (b)” rating to a “buy (b-)” rating in a research report on Thursday, September 3rd. Piper Sandler reduced their target price on WaFd from $36.00 to $32.00 and set a “neutral” rating on the stock in a report on Thursday, October 1st. DA Davidson reduced their target price on WaFd from $40.00 to $37.00 and set a “neutral” rating on the stock in a report on Wednesday, September 9th. Finally, Zacks Research upgraded WaFd from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $35.25.

WaFd News Roundup

Here are the key news stories impacting WaFd this week:

• Positive Sentiment: WaFd reported fiscal 2026 net income of $256 million and diluted EPS of $3.21, representing a 22% increase in EPS from the prior year. Fourth-quarter revenue also exceeded analyst expectations, supporting the case for continued earnings momentum. WaFd Announces Fiscal 2026 Earnings and 22% Increase in EPS
• Positive Sentiment: Analysts highlighted quarterly EPS of $0.85, slightly above the $0.84 consensus estimate and up from $0.72 a year earlier. Reported revenue of approximately $220.4 million also surpassed expectations near $203.7 million. WaFd Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: WaFd sold $543 million of single-family residential loans during the quarter, helping manage balance-sheet exposure and generate liquidity. Full-year credit loss rates were a relatively low 22 basis points despite one borrower default. WaFd: 3 Key Takeaways for Long-Term Investors
• Neutral Sentiment: Management’s earnings call focused on business growth and the company’s merger, which could create longer-term strategic benefits but introduces integration and execution risks for investors. Washington Federal Earnings Call Highlights Growth and Merger
• Negative Sentiment: Quarterly EPS figures vary by report: the company’s release cited diluted EPS of $0.76, while third-party earnings reports cited $0.85. This discrepancy may create uncertainty about the underlying quarter and contribute to cautious trading. WaFd Fiscal 2026 Earnings Announcement

WaFd Company Profile

WaFd, Inc is a bank holding company headquartered in Seattle, Washington, and the parent company of WaFd Bank. Founded in 1917 as Washington Federal, the company adopted the WaFd name in 2024. WaFd Bank provides banking and financial services to individuals, families, businesses and nonprofit organizations.

The bank offers deposit accounts, residential mortgage lending, home equity financing, commercial real estate loans, commercial and industrial lending, construction financing and consumer banking products.