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WaFd WAFD · USD

Financials · US listing · 🇺🇸 United States

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29.68

+0.85%

Close of 9 Nov 2026, in USD

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About WaFd

From its filings with the US Securities and Exchange Commission

SEC filings

WaFd is based in Seattle, Washington and is incorporated in Washington. Its shares trade on Nasdaq under the ticker WAFD. The SEC classifies its business as national commercial banks. In the fiscal year to 30 September 2025, it reported revenue of $29.6m and net income of $226.1m. At that date it held total assets of $26.70bn and shareholders' equity of $3.04bn.

In its own words

Bank to WaFd Bank by filing its Second Amended and Restated Articles of Incorporation with the Washington Secretary of State.

Burbank merged with and into the Company (the “Corporate Merger”), with the Company surviving the Corporate Merger.

September 30, 2025, September 30, 2024 and September 30, 2023, respectively, or activity for the fiscal years then ended.

January, 2025, the Bank announced it will no longer originate consumer single family home loans and home equity lines of credit.

Land development loans involve a higher degree of credit risk than long-term financing on owner-occupied real estate.

80% at origination as of September 30, 2025, was $136,605,000, with allocated reserves of $1,256,000.

The table below shows the Bank's total loan origination, purchase and repayment activities.

Bank. The Company has nine active direct and indirect wholly-owned subsidiaries, discussed further below.

Workplace Safety & Wellness. We prioritize the importance of our employees’ health and the health of their families.

Company. The Bank’s ability to pay dividends is subject to various regulatory restrictions.

Quoted from its 10-K, filed 18 Nov 2025. Read the filing on SEC.gov ↗

Company facts

Sector
Financials
Industry
Thrifts & Mortgage Finance
Listed since
9 Nov 1982
Employees
2,037
Head office
425 PIKE STREET, SEATTLE, WA, 98101
Incorporated in
WA
Classification
National Commercial Banks
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Stephen GrahamIndependent Chairman of the Board$220,001
  • Mr. Brent BeardallPresident, Chief Executive Officer, Vice Chairman of the Board, since 2003$4.0m
  • Ms. Kelli HolzChief Financial Officer, Executive Vice President$1.4m
  • Mr. Kim RobisonExecutive Vice President, Chief Operating Officer$1.4m
  • Ms. Cathy CooperExecutive Vice President, Chief Consumer Banker$2.2m
  • Mr. Ryan MauerExecutive Vice President, Chief Credit Officer$1.3m
  • Mr. Bradley ShusterDirector$40,000
  • Mr. M. Max YzaguirreDirector$40,000
  • Mr. R. Shawn BiceIndependent Director$180,001
  • Ms. Linda BrowerIndependent Director, since 2003$180,001
  • Mr. David GrantIndependent Director$180,001
  • Ms. Sylvia HampelIndependent Director$180,001

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
35
Environment
11
Social
71
Governance
24
Women in the workforce
67%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Washington Federal Inc is backed by a strong financial position, enabling it to make strategic investments, expand its operations, and weather economic downturns more effectively than its competitors.
  • With a wide network of branches across various geographic locations, Washington Federal Inc has a significant market presence and the ability to reach a large customer base, providing convenience and accessibility to its customers.

Weaknesses

  • Washington Federal Inc relies heavily on interest income as its main source of revenue. This over-reliance makes it susceptible to interest rate fluctuations, potentially impacting its profitability and financial performance.
  • The company's product portfolio primarily focuses on traditional banking services, lacking diversification into other financial products and services. This limited product range may restrain its ability to compete with institutions offering a wider range of products and capture a broader customer base.

Opportunities

  • The expanding mortgage market presents an opportunity for Washington Federal Inc to capitalize on the increasing demand for home loans. By enhancing its mortgage offerings and attracting new customers, the company can generate higher interest income and expand its market share.
  • The digital banking revolution offers an opportunity for Washington Federal Inc to invest in technological advancements and improve its online and mobile banking services. By offering convenient and user-friendly digital banking solutions, the company can attract tech-savvy customers and enhance customer satisfaction.

Threats

  • The rise of innovative financial technology startups poses a threat to traditional banking institutions like Washington Federal Inc. These startups often offer more agile, customer-centric solutions, potentially attracting customers away from traditional banks and eroding market share.
  • The uncertainty surrounding the global and domestic economy can impact Washington Federal Inc's business operations. Economic downturns, fluctuations in interest rates, and changes in government policies can pose challenges to the company's profitability, asset quality, and credit risk.

Sources and methodology

Data on this tab
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