WaFd, Inc. (WAFD)
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
$36.30+0.89%
Close 2026-09-04 · 1-day change
NASDAQFinancialsBanks - RegionalSnapshot 2026-09-04
QuarterlyIQ Insights · WAFD
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -26.8% |
| Our one-year growth estimate | diamond | -35.1% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-09-04.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
A larger daily loss that occurred about once in every 20 trading days.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 8.4 percentage points more one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-09-04 · Compared with 219 industry peers
WAFD — dividend update
Dated 2026-08-11
Other Events On August 11, 2026 the Board of Directors of WaFd, Inc. (the "Company" or "WaFd") declared a cash dividend of $12.1875 per share, on its 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock. This dividend equals $0.30468750 per depositary share, each representing 1/40th interest in a share of Series A Preferred Stock, which is traded on the NASDAQ under the symbol "WAFDP." The Series A Preferred Stock dividend is payable on October 15, 2026, to shareholders of reco…
Why it matters: Strong net income growth shows the company can make more money. This matches management's goal to increase earnings.
Supportive ifQ3 net income grows more than 10% year over year from $61.95 million.
Worry ifQ3 net income growth is less than 10% year over year.
Why it matters: Net interest margin affects how much money a company makes. An increase shows better income from loans.
Supportive ifNet interest margin exceeds 2.81% in Q2 2026.
Worry ifNet interest margin falls below 2.81% in Q2 2026.
Why it matters: Strong loan growth shows demand for WaFd's lending products. It shows overall business strength.
Supportive ifNet loans grow at an annualized rate above 10%.
Worry ifNet loans grow below 10% each year. This indicates weak demand.
Why it matters: If revenue growth falls below median, it could signal a slowdown in the financial sector.
Worry ifRevenue growth in the financial sector drops below 10% year over year.
Less concerning ifRevenue growth stays above 10% year over year.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$80 on $10,000 · ±0.8% | How much price usually moves either way. |
| Bad day | $211 loss on $10,000 · 2.1% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $1,257 loss on $10,000 · 12.6% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: Earnings per share growth shows strong financial health. It also shows good management.
Supportive ifQ3 earnings per share exceeds $0.84, indicating continued growth.
Worry ifQ3 earnings per share fall below $0.84. This suggests weaker performance.
Why it matters: High loan growth indicates strong demand and effective lending strategies. It shows the bank is expanding its business.
Supportive ifActive loan segments grow at an annualized rate above 10% in Q3 2026.
Worry ifActive loan segments grow at an annualized rate below 10% in Q3 2026.
Why it matters: Lower non-performing assets show strong credit quality. It also means good risk management.
Supportive ifNon-performing assets are less than 0.48% of total assets.
Worry ifNon-performing assets are more than 0.48% of total assets.
Why it matters: Maintaining cash flow is crucial for funding growth and operations. It shows financial health.
Supportive ifCash flow from operations is over $10 million for two straight quarters.
Worry ifCash flow from operations falls below $5 million for two straight quarters.
Why it matters: More share buybacks show management believes in the company's value. This can help the stock price.
Supportive ifCompany announces repurchase of more than 4 million shares in Q3.
Worry ifThere was no major share buyback activity in Q3.
Why it matters: An increase in loans would support WaFd's growth strategy and indicate strong demand for lending.
Supportive ifTotal loans increase by more than $100 million from Q2 to Q3.
Worry ifTotal loans decrease or increase by less than $100 million from Q2 to Q3.
Why it matters: A lower efficiency ratio means better cost control and smooth operations. This helps keep profits steady.
Supportive ifEfficiency ratio falls below 53% in Q3 2026.
Worry ifEfficiency ratio stays above 53% in Q3 2026.
Why it matters: More loan originations show strong demand and growth in lending. This is important for WaFd.
Supportive ifLoan originations go over $1.5 billion in Q3 2026.
Worry ifLoan originations fall below $1.5 billion in Q3 2026.