WaFdWAFD
WAFD
About: WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
Employees: 2,208
0
Funds holding %
of 7,372 funds
0
Analysts bullish %
of 4 analysts
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
16% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 25
1.07% more ownership
Funds ownership: 78.51% [Q3] → 79.59% (+1.07%) [Q4]
10% more repeat investments, than reductions
Existing positions increased: 90 | Existing positions reduced: 82
1% more funds holding
Funds holding: 243 [Q3] → 245 (+2) [Q4]
6% less capital invested
Capital invested by funds: $2.22B [Q3] → $2.09B (-$135M) [Q4]
81% less call options, than puts
Call options by funds: $157K | Put options by funds: $816K
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
4 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$31
10%
upside
Avg. target
$34
20%
upside
High target
$38
35%
upside
4 analyst ratings
0 positive
0%
4 neutral
100%
0 negative
0%
DA Davidson Jeff Rulis 23% 1-year accuracy 3 / 13 met price target | 13%upside $32 | Neutral Downgraded | 6 Feb 2025 |
Piper Sandler Matthew Clark 20% 1-year accuracy 5 / 25 met price target | 10%upside $31 | Neutral Maintained | 21 Jan 2025 |
Keefe, Bruyette & Woods Kelly Motta 32% 1-year accuracy 6 / 19 met price target | 20%upside $34 | Market Perform Maintained | 21 Jan 2025 |
Stephens & Co. Andrew Terrell 32% 1-year accuracy 10 / 31 met price target | 35%upside $38 | Equal-Weight Reiterated | 17 Jan 2025 |
Financial journalist opinion
Neutral
CNBC Television
1 week ago
WaFd Bank CEO on shifting away from single-family mortgage lending
Brent Beardall, WaFd Bank president and CEO, joins 'Power Lunch' to discuss the bank's big shift in mortgage lending.
Positive
Zacks Investment Research
1 month ago
WaFd Rewards Shareholders With a 3.8% Dividend Increase
WAFD announces a 3.8% hike in its quarterly dividend to 27 cents per share. A decent liquidity and capital position will help sustain capital distributions.
Neutral
Business Wire
1 month ago
WaFd, Inc. Announces Increase in its Cash Dividend to 27 cents per share
SEATTLE--(BUSINESS WIRE)---- $WAFD #WaFd--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced an increase to the regular quarterly cash dividend to 27 cents per share. The dividend will be paid March 7, 2025, to common shareholders of record as of February 21, 2025. This will be the Company's 168th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that o.
Negative
Zacks Investment Research
1 month ago
WAFD Misses on Q1 Earnings, Exits Single-Family Mortgage Lending
Higher expenses hurt WaFd's fiscal Q1 earnings, partly offset by a rise in revenues and nil provisions. The company exits single-family mortgage lending.
Positive
Zacks Investment Research
1 month ago
WaFd (WAFD) Reports Q1 Earnings: What Key Metrics Have to Say
Although the revenue and EPS for WaFd (WAFD) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Negative
Zacks Investment Research
1 month ago
WaFd (WAFD) Misses Q1 Earnings and Revenue Estimates
WaFd (WAFD) came out with quarterly earnings of $0.62 per share, missing the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.85 per share a year ago.
Neutral
Business Wire
1 month ago
WaFd Announces Quarterly Earnings Per Share of $0.54
SEATTLE--(BUSINESS WIRE)---- $wafd #banking--WaFd, Inc. (Nasdaq: WAFD): Q1 Highlights $47 Million $0.54 0.69% 6.42% Net Income Diluted Earnings per Common Share Return on Average Assets Return on Average Common Equity Net Interest Income and NIM $155 million net interest income for the quarter compared to $173 million in Q4 FY24. Net interest margin at 2.39% for the quarter compared to 2.62% for Q4 FY24. Credit Quality Non-performing assets at 0.3% of total assets - similar to prior.
Neutral
Business Wire
3 months ago
WaFd Bank Partners with the Network of Giving to Fund Non-Profits in Washington
SEATTLE--(BUSINESS WIRE)-- #networkofgiving--Today, WaFd, Inc. (Nasdaq: WAFD) (the “Company”), and Washington Federal Bank (“WaFd Bank”), its bank subsidiary announces that it will be the official banking partner for the purpose-driven digital commerce platform, the Network of Giving, launched initially in the Seattle market. This will fuel merchant-funded micro-donations to critical community service agencies to support our neighbors in need. The Network of Giving is designed to empower people to foster giving t.
Neutral
Business Wire
4 months ago
WaFd, Inc. Announces Cash Dividend of 26 Cents Per Share
SEATTLE--(BUSINESS WIRE)---- $WAFD #dividend--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced a regular cash dividend of 26 cents per share. The dividend will be paid December 6, 2024, to common shareholders of record as of November 22, 2024. This will be the Company's 167th consecutive quarterly cash dividend. WaFd, Inc. is the parent company of Washington Federal Bank, a federally insured Washington state chartered commercial bank dba WaFd Bank that operates branches in Wash.
Positive
Seeking Alpha
4 months ago
WaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield
WaFd's merger with Luther Burbank Corporation has improved its loan-to-deposit ratio and reduced external borrowing, enhancing future net interest income and earnings potential. Despite the positive merger impact, WaFd faces risks from high loan-to-deposit ratios and lower-than-average allowance for credit losses, which could pressure earnings. WaFd's preferred shares offer an attractive 6.7% yield and trade at 73% of their call price, providing income and potential capital appreciation.
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