WaFd (NASDAQ:WAFD) Posts Earnings Results, Misses Estimates By $0.01 EPS

WaFd (NASDAQ:WAFD) issued its earnings results on Thursday. The bank reported $0.81 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.01), Zacks reports. WaFd had a return on equity of 8.98% and a net margin of 18.47%.The business had revenue of $205.52 million for the quarter, compared to analyst estimates of $199.56 million.

WaFd Stock Down 3.1%

NASDAQ:WAFD opened at $38.12 on Friday. WaFd has a one year low of $26.31 and a one year high of $39.49. The stock has a 50-day simple moving average of $36.59 and a 200 day simple moving average of $34.05. The company has a debt-to-equity ratio of 1.14, a quick ratio of 0.97 and a current ratio of 0.97. The company has a market capitalization of $2.82 billion, a price-to-earnings ratio of 12.03 and a beta of 0.83.

WaFd Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Stockholders of record on Friday, May 22nd were paid a dividend of $0.27 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.08 annualized dividend and a dividend yield of 2.8%. WaFd’s dividend payout ratio (DPR) is currently 35.29%.

Insider Transactions at WaFd

In related news, EVP Kim E. Robison sold 22,000 shares of WaFd stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $35.28, for a total transaction of $776,160.00. Following the sale, the executive vice president directly owned 116,099 shares in the company, valued at $4,095,972.72. The trade was a 15.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 1.49% of the company’s stock.

Institutional Investors Weigh In On WaFd

A number of large investors have recently made changes to their positions in WAFD. Northwestern Mutual Wealth Management Co. increased its holdings in WaFd by 42.8% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,174 shares of the bank’s stock worth $34,000 after buying an additional 352 shares during the last quarter. McIlrath & Eck LLC boosted its holdings in WaFd by 57.6% during the second quarter. McIlrath & Eck LLC now owns 1,327 shares of the bank’s stock valued at $39,000 after purchasing an additional 485 shares in the last quarter. Danske Bank A S bought a new position in shares of WaFd during the third quarter valued at $51,000. EverSource Wealth Advisors LLC grew its stake in WaFd by 712.4% during the second quarter. EverSource Wealth Advisors LLC now owns 1,901 shares of the bank’s stock worth $56,000 after buying an additional 1,667 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in WaFd during the 4th quarter valued at $179,000. Institutional investors and hedge funds own 83.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on the stock. Zacks Research cut shares of WaFd from a “strong-buy” rating to a “hold” rating in a report on Monday, June 22nd. Weiss Ratings raised WaFd from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, May 22nd. Keefe, Bruyette & Woods upped their price objective on shares of WaFd from $35.00 to $38.00 and gave the stock a “market perform” rating in a research report on Monday, April 20th. Finally, Piper Sandler lifted their target price on shares of WaFd from $30.50 to $36.00 and gave the company a “neutral” rating in a report on Monday, April 20th. One analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $34.80.

WaFd News Summary

Here are the key news stories impacting WaFd this week:

• Positive Sentiment: Revenue came in above expectations, and management said net interest income, net interest margin, and non-interest income improved year over year, showing underlying business momentum. WaFd Announces Quarterly Earnings Per Share Of $0.84
• Positive Sentiment: Management highlighted growth in earnings, loans, and equity, and said diluted EPS rose year over year, suggesting the bank is still expanding despite a tougher operating environment. Washington Federal Earnings Call Highlights Growth Amid Headwinds
• Neutral Sentiment: Investors are also parsing the Q3 earnings-call transcript for guidance and commentary on credit quality, margins, and loan growth. WaFd, Inc. (WAFD) Q3 2026 Earnings Call Transcript
• Negative Sentiment: WaFd’s quarterly EPS missed consensus by a penny, and reports pointed to higher provisions and expenses, which likely weighed on sentiment even though revenue was stronger. WAFD Q3 Earnings Lag on Higher Provisions & Expenses, Revenues Up Y/Y
• Negative Sentiment: The earnings miss relative to consensus may be prompting profit-taking, even though the bank beat on revenue and reported year-over-year improvement. WaFd (WAFD) Lags Q3 Earnings Estimates

WaFd Company Profile

Washington Federal, Inc, doing business as WaFd Bank, is a publicly traded bank holding company headquartered in Seattle, Washington. Through its subsidiary, WaFd Bank, the company provides a range of banking and financial services to individuals, small-to-medium enterprises, and commercial clients. Established in 1917 as Ballard Savings & Loan in Seattle, the institution expanded over decades to serve customers across the Western United States under the Washington Federal name and has operated as a public company since the early 1980s.

WaFd Bank’s core offerings encompass deposit accounts such as checking, savings, money market, and certificates of deposit, alongside consumer and commercial lending products.