(WAFD) Washington Federal - Overview

Exchange: NASDAQ • Country: United States • Currency: USD • Type: Common Stock • ISIN: US9388241096

Stock: Deposits, Loans, Insurance, Cards, Advisory

Total Rating 33
Risk 40
Buy Signal 0.42

EPS (Earnings per Share)

EPS (Earnings per Share) of WAFD over the last years for every Quarter: "2020-12": 0.51, "2021-03": 0.41, "2021-06": 0.61, "2021-09": 0.72, "2021-12": 0.71, "2022-03": 0.7, "2022-06": 0.91, "2022-09": 1.07, "2022-12": 1.16, "2023-03": 0.95, "2023-06": 0.89, "2023-09": 0.72, "2023-12": 0.85, "2024-03": 0.17, "2024-06": 0.75, "2024-09": 0.69, "2024-12": 0.62, "2025-03": 0.65, "2025-06": 0.73, "2025-09": 0.72, "2025-12": 0.75,

Revenue

Revenue of WAFD over the last years for every Quarter: 2020-12: 161.243, 2021-03: 161.265, 2021-06: 160.508, 2021-09: 169.582, 2021-12: 169.683, 2022-03: 166.626, 2022-06: 185.146, 2022-09: 211.927, 2022-12: 247.331, 2023-03: 265.219, 2023-06: 286.973, 2023-09: 295.809, 2023-12: 302.839, 2024-03: 330.903, 2024-06: 409.072, 2024-09: 389.82, 2024-12: 361.248, 2025-03: 354.701, 2025-06: 349.987, 2025-09: 344.244, 2025-12: 342.907,

Dividends

Dividend Yield 3.57%
Yield on Cost 5y 4.20%
Yield CAGR 5y 4.09%
Payout Consistency 92.7%
Payout Ratio 37.9%
Risk 5d forecast
Volatility 31.5%
Relative Tail Risk -11.5%
Reward TTM
Sharpe Ratio 0.50
Alpha -0.58
Character TTM
Beta 0.806
Beta Downside 0.919
Drawdowns 3y
Max DD 34.63%
CAGR/Max DD 0.03

Description: WAFD Washington Federal January 13, 2026

WaFd, Inc. (NASDAQ: WAFD) is the holding company for Washington Federal Bank, a regional U.S. bank that delivers a full suite of banking services-including deposits, consumer and commercial loans, insurance brokerage, and investment guidance-to individuals, businesses, and real-estate developers.

Key product lines include business and personal checking, term CDs, money-market and passbook savings accounts, as well as a broad loan portfolio covering single-family homes, construction, multi-family and commercial real-estate, home-equity, and commercial-industrial financing. The firm also issues debit and credit cards, acts as a trustee, and provides technology and data services to its clients.

As of the latest quarterly filing (Q4 2023), WaFd reported a net interest margin of roughly 3.2% and loan growth of about 5% year-over-year, while deposits rose 4% driven largely by higher-yield savings products-a trend consistent with the broader regional-bank sector’s response to the Federal Reserve’s elevated policy rates.

Sector-wide, regional banks like WaFd are sensitive to the trajectory of U.S. interest rates, housing-market dynamics, and commercial-real-estate demand; a slowdown in construction activity or a sharp correction in property values could materially affect loan-loss provisions.

For a deeper quantitative breakdown, the ValueRay platform offers granular metrics that can help you assess WAFD’s risk-adjusted returns.

Piotroski VR‑10 (Strict, 0-10) 4.0

Net Income: 243.0m TTM > 0 and > 6% of Revenue
FCF/TA: 0.01 > 0.02 and ΔFCF/TA -0.49 > 1.0
NWC/Revenue: -1238 % < 20% (prev -1146 %; Δ -92.43% < -1%)
CFO/TA 0.01 > 3% & CFO 248.0m > Net Income 243.0m
Net Debt (1.75b) to EBITDA (277.1m): 6.33 < 3
Current Ratio: 0.20 > 1.5 & < 3
Outstanding Shares: last quarter (77.0m) vs 12m ago -5.39% < -2%
Gross Margin: 52.71% > 18% (prev 0.47%; Δ 5224 % > 0.5%)
Asset Turnover: 5.06% > 50% (prev 5.39%; Δ -0.32% > 0%)
Interest Coverage Ratio: 0.35 > 6 (EBITDA TTM 277.1m / Interest Expense TTM 646.9m)

Altman Z'' -3.73

A: -0.63 (Total Current Assets 4.18b - Total Current Liabilities 21.42b) / Total Assets 27.29b
B: 0.08 (Retained Earnings 2.15b / Total Assets 27.29b)
C: 0.01 (EBIT TTM 229.4m / Avg Total Assets 27.49b)
D: 0.10 (Book Value of Equity 2.36b / Total Liabilities 24.26b)
Altman-Z'' Score: -3.73 = D

Beneish M -2.28

DSRI: 2.08 (Receivables 200.0m/103.1m, Revenue 1.39b/1.49b)
GMI: 0.90 (GM 52.71% / 47.46%)
AQI: 1.00 (AQ_t 0.84 / AQ_t-1 0.83)
SGI: 0.93 (Revenue 1.39b / 1.49b)
TATA: -0.00 (NI 243.0m - CFO 248.0m) / TA 27.29b)
Beneish M-Score: -2.28 (Cap -4..+1) = BBB

What is the price of WAFD shares?

As of February 10, 2026, the stock is trading at USD 33.42 with a total of 434,798 shares traded.
Over the past week, the price has changed by +1.06%, over one month by +1.36%, over three months by +10.95% and over the past year by +15.71%.

Is WAFD a buy, sell or hold?

Washington Federal has received a consensus analysts rating of 3.00. Therefor, it is recommend to hold WAFD.
  • StrongBuy: 0
  • Buy: 0
  • Hold: 4
  • Sell: 0
  • StrongSell: 0

What are the forecasts/targets for the WAFD price?

Issuer Target Up/Down from current
Wallstreet Target Price 33.4 -0.1%
Analysts Target Price 33.4 -0.1%
ValueRay Target Price 35.5 6.1%

WAFD Fundamental Data Overview February 09, 2026

P/E Trailing = 11.7049
P/S = 3.5082
P/B = 0.937
P/EG = 1.67
Revenue TTM = 1.39b USD
EBIT TTM = 229.4m USD
EBITDA TTM = 277.1m USD
Long Term Debt = 2.49b USD (from longTermDebt, last quarter)
Short Term Debt = 1.75b USD (from shortTermDebt, last fiscal year)
Debt = 2.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.75b USD (from netDebt column, last quarter)
Enterprise Value = 1.08b USD (2.58b + Debt 2.49b - CCE 3.98b)
Interest Coverage Ratio = 0.35 (Ebit TTM 229.4m / Interest Expense TTM 646.9m)
EV/FCF = 5.03x (Enterprise Value 1.08b / FCF TTM 215.3m)
FCF Yield = 19.90% (FCF TTM 215.3m / Enterprise Value 1.08b)
FCF Margin = 15.47% (FCF TTM 215.3m / Revenue TTM 1.39b)
Net Margin = 17.46% (Net Income TTM 243.0m / Revenue TTM 1.39b)
Gross Margin = 52.71% ((Revenue TTM 1.39b - Cost of Revenue TTM 658.2m) / Revenue TTM)
Gross Margin QoQ = 54.83% (prev 53.63%)
Tobins Q-Ratio = 0.04 (Enterprise Value 1.08b / Total Assets 27.29b)
Interest Expense / Debt = 6.08% (Interest Expense 151.4m / Debt 2.49b)
Taxrate = 22.00% (18.1m / 82.3m)
NOPAT = 178.9m (EBIT 229.4m * (1 - 22.00%))
Current Ratio = 0.20 (Total Current Assets 4.18b / Total Current Liabilities 21.42b)
Debt / Equity = 0.82 (Debt 2.49b / totalStockholderEquity, last quarter 3.03b)
Debt / EBITDA = 6.33 (Net Debt 1.75b / EBITDA 277.1m)
Debt / FCF = 8.14 (Net Debt 1.75b / FCF TTM 215.3m)
Total Stockholder Equity = 3.03b (last 4 quarters mean from totalStockholderEquity)
RoA = 0.88% (Net Income 243.0m / Total Assets 27.29b)
RoE = 8.02% (Net Income TTM 243.0m / Total Stockholder Equity 3.03b)
RoCE = 4.16% (EBIT 229.4m / Capital Employed (Equity 3.03b + L.T.Debt 2.49b))
RoIC = 3.57% (NOPAT 178.9m / Invested Capital 5.01b)
WACC = 6.85% (E(2.58b)/V(5.07b) * Re(8.89%) + D(2.49b)/V(5.07b) * Rd(6.08%) * (1-Tc(0.22)))
Discount Rate = 8.89% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 9.43%
[DCF Debug] Terminal Value 81.14% ; FCFF base≈271.4m ; Y1≈245.1m ; Y5≈211.6m
Fair Price DCF = 41.13 (EV 4.87b - Net Debt 1.75b = Equity 3.12b / Shares 75.9m; r=6.85% [WACC]; 5y FCF grow -12.02% → 2.90% )
EPS Correlation: -28.29 | EPS CAGR: 1.86% | SUE: -0.09 | # QB: 0
Revenue Correlation: 85.82 | Revenue CAGR: 21.22% | SUE: 0.59 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.75 | Chg30d=+0.017 | Revisions Net=+4 | Analysts=4
EPS current Year (2026-09-30): EPS=3.06 | Chg30d=-0.005 | Revisions Net=+0 | Growth EPS=+12.5% | Growth Revenue=+5.8%
EPS next Year (2027-09-30): EPS=3.23 | Chg30d=-0.073 | Revisions Net=+0 | Growth EPS=+5.7% | Growth Revenue=+4.0%

Additional Sources for WAFD Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Fund Manager Positions: Dataroma | Stockcircle