29.88 USD
-0.37
1.22%
At close Jan 21, 4:00 PM EST
After hours
29.88
+0.00
0.00%
1 day
-1.22%
5 days
-2.86%
1 month
-8.06%
3 months
-12.12%
6 months
-14.58%
Year to date
-6.51%
1 year
-2.35%
5 years
-16.21%
10 years
49.10%
 

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 6,823 funds
0
Analysts bullish %
of 3 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

68% more first-time investments, than exits

New positions opened: 37 | Existing positions closed: 22

31% more repeat investments, than reductions

Existing positions increased: 92 | Existing positions reduced: 70

24% more capital invested

Capital invested by funds: $1.8B [Q2] → $2.22B (+$425M) [Q3]

5% more funds holding

Funds holding: 229 [Q2] → 241 (+12) [Q3]

1.25% more ownership

Funds ownership: 77.27% [Q2] → 78.52% (+1.25%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

68% less call options, than puts

Call options by funds: $470K | Put options by funds: $1.46M

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$31
4%
upside
Avg. target
$34
15%
upside
High target
$38
27%
upside

3 analyst ratings

positive
0%
neutral
100%
negative
0%
Piper Sandler
Matthew Clark
74% 1-year accuracy
14 / 19 met price target
4%upside
$31
Neutral
Maintained
21 Jan 2025
Keefe, Bruyette & Woods
Kelly Motta
53% 1-year accuracy
10 / 19 met price target
14%upside
$34
Market Perform
Maintained
21 Jan 2025
Stephens & Co.
Andrew Terrell
73% 1-year accuracy
16 / 22 met price target
27%upside
$38
Equal-Weight
Reiterated
17 Jan 2025

Financial journalist opinion

Based on 4 articles about WAFD published over the past 30 days

Negative
Zacks Investment Research
4 days 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.
WAFD Misses on Q1 Earnings, Exits Single-Family Mortgage Lending
Positive
Zacks Investment Research
5 days 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.
WaFd (WAFD) Reports Q1 Earnings: What Key Metrics Have to Say
Negative
Zacks Investment Research
5 days 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.
WaFd (WAFD) Misses Q1 Earnings and Revenue Estimates
Neutral
Business Wire
5 days 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.
WaFd Announces Quarterly Earnings Per Share of $0.54
Neutral
Business Wire
2 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.
WaFd Bank Partners with the Network of Giving to Fund Non-Profits in Washington
Neutral
Business Wire
2 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.
WaFd, Inc. Announces Cash Dividend of 26 Cents Per Share
Positive
Seeking Alpha
2 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.
WaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield
Positive
Zacks Investment Research
3 months ago
WaFd (WAFD) Could Be a Great Choice
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does WaFd (WAFD) have what it takes?
WaFd (WAFD) Could Be a Great Choice
Positive
Zacks Investment Research
3 months ago
WAFD's Q4 Earnings Beat on Nil Provisions, Revenues Rise on LBC Deal
The acquisition of LBC leads to higher NII and non-interest income and a rise in loan balance. These, along with nil provisions, aid WAFD's fiscal Q4 earnings.
WAFD's Q4 Earnings Beat on Nil Provisions, Revenues Rise on LBC Deal
Positive
Zacks Investment Research
3 months ago
WaFd (WAFD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
The headline numbers for WaFd (WAFD) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
WaFd (WAFD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
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