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38.34 USD
P/E
12.53
EPS
3.05
Yield
2.76%
Safety Score
82
P/B
1.07
ROE
8.39
Beta
0.84
Target Price
37.25 USD
Washington Federal, Inc. logo

Washington Federal, Inc.

🧾 Earnings Recap – Q1 2026

WaFd, Inc. reported strong fiscal Q1 2026 results with net income of $60.5 million, reflecting a 46% year-over-year increase in earnings per share, driven by improved noninterest income and disciplined cost management.

  • Earnings per share rose to $0.79, up from $0.54 in Q1 2025, aided by a decline in noninterest expenses and increased net interest income.
  • Loan originations reached $1.1 billion, exceeding payoffs of $1 billion, though total loans receivable decreased by $240 million, particularly due to a reduction in inactive loan types.
  • Noninterest income increased by $1.9 million to $20.3 million, bolstered by a gain from the sale of a branch property.
  • The efficiency ratio improved to 55.3%, down from 56.8% in the prior quarter, indicating effective cost control measures.
  • The company repurchased nearly 2 million shares, contributing an additional $0.02 to earnings per share, with $6.3 million shares remaining in the buyback authorization.
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Key Metrics
Earnings dateJuly 9, 2026
P/E12.53
EPS3.05
Book Value35.70
Price to Book1.07
% Insiders1.731%
Growth
Revenue Growth0.09%
Earnings Growth0.26%
Estimates
Forward P/E11.21
Forward EPS3.41
Target Mean Price37.25
Dividend
Dividend Yield2.76%
Annual dividends1.08 USD
Ex-Div. DateMay 22, 2026
Payout38.54%
5y avg Yield3.20%

DCF Valuation

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Currency: USD
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DCF Result

Fair Value (DCF)
Current Price
Upside
WACC
Terminal PV
Σ PV of FCFs
Note: historical bars show reported FCF (for context); forward bars show PV of projected FCF; if no per-year data, totals are shown.

Washington Federal, Inc. Logo Washington Federal, Inc. Analysis (WAFD)

United States Financials Official Website Stock

Is Washington Federal, Inc. a good investment? Washington Federal, Inc. (WAFD) is currently trading at 38.34 USD. Market analysts have a consensus price target of 37.25 USD. This suggests the asset is currently trading above analyst expectations.

In terms of valuation, the stock trades at a P/E ratio of 12.53. This relatively low multiple may signal that Washington Federal, Inc. is undervalued compared to historical market norms.

Earnings Schedule: Washington Federal, Inc. is expected to release its next earnings report on July 9, 2026. The market consensus estimate for Forward EPS is 3.41.

For income investors, Washington Federal, Inc. pays a dividend yield of 2.76%. With a payout ratio of 39%, the dividend appears sustainable.

Investor FAQ

Does Washington Federal, Inc. pay a dividend?

Yes, it pays an annual dividend of 1.08 USD (2.76% yield).

What asset class is Washington Federal, Inc.?

Washington Federal, Inc. is classified as a Stock. You can compare it against its peer in the "Related Symbols" list.

When is the next earnings date?

The next earnings date is projected to be July 9, 2026. The company currently has a trailing EPS of 3.05.

Company Profile

WaFd, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company provides deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It offers single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, as well as commercial and industrial loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies; holds and markets real estate properties; and debit and credit cards, as well as acts as the trustee. Additionally, it provides technology and data services; and personalized financial guidance and investment services. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. The company was formerly known as Washington Federal, Inc. and changed its name to WaFd, Inc. in September 2023. WaFd, Inc. was founded in 1917 and is headquartered in Seattle, Washington.

Exchange Ticker
NMS (United States) WAFD
Trades
Dividend Yield
2.76%
5y avg 3.20%
Annual Dividends
1.08USD
Next Ex. Div Date
May 22, 2026
Payout Ratio
38.54%
Dividend History paid per year (USD)
Historical Dividends
Year Total Dividends
2027
0.56 USD
June 4, 2027 (estimated) 0.2810
Feb. 5, 2027 (estimated) 0.2820
2026
1.10 USD
Dec. 4, 2026 (estimated) 0.2810
Sept. 4, 2026 (estimated) 0.2810
June 5, 2026 0.2700
Feb. 27, 2026 0.2700
2025
1.08 USD
Dec. 5, 2025 0.2700
Sept. 5, 2025 0.2700
June 6, 2025 0.2700
March 7, 2025 0.2700
2024
1.04 USD
Dec. 6, 2024 0.2600
Sept. 6, 2024 0.2600
June 7, 2024 0.2600
March 8, 2024 0.2600
2023
1.00 USD
Dec. 8, 2023 0.2500
Sept. 8, 2023 0.2500
June 2, 2023 0.2500
March 10, 2023 0.2500
2022
0.96 USD
Dec. 2, 2022 0.2400
Sept. 2, 2022 0.2400
June 3, 2022 0.2400
Feb. 18, 2022 0.2400
2021
0.92 USD
Nov. 19, 2021 0.2300
Aug. 20, 2021 0.2300
May 21, 2021 0.2300
Feb. 19, 2021 0.2300
2020
0.88 USD
Nov. 20, 2020 0.2200
Aug. 21, 2020 0.2200
May 22, 2020 0.2200
Feb. 21, 2020 0.2200
2019
0.82 USD
Nov. 22, 2019 0.2100
Aug. 23, 2019 0.2100
May 24, 2019 0.2000
Feb. 22, 2019 0.2000
2018
0.70 USD
Nov. 23, 2018 0.1800
Aug. 24, 2018 0.1800
May 25, 2018 0.1700
Feb. 23, 2018 0.1700
2017
0.85 USD
Nov. 20, 2017 0.1500
Aug. 18, 2017 0.1500
May 19, 2017 0.1500
Feb. 10, 2017 0.4000
2016
0.56 USD
Nov. 18, 2016 0.1400
Aug. 19, 2016 0.1400
May 13, 2016 0.1400
Feb. 12, 2016 0.1400
2015
0.52 USD
Nov. 20, 2015 0.1300
Aug. 21, 2015 0.1300
May 29, 2015 0.1300
Feb. 16, 2015 0.1300
2014
0.46 USD
Oct. 17, 2014 0.1467
July 18, 2014 0.1100
April 18, 2014 0.1000
Jan. 17, 2014 0.1000
2013
0.28 USD
Oct. 18, 2013 0.1000
July 19, 2013 0.0900
April 19, 2013 0.0900
2012
0.40 USD
Dec. 31, 2012 0.0800
Oct. 19, 2012 0.0800
July 19, 2012 0.0800
April 20, 2012 0.0800
Jan. 13, 2012 0.0800
2011
0.24 USD
Oct. 21, 2011 0.0600
July 22, 2011 0.0600
April 22, 2011 0.0600
Jan. 14, 2011 0.0600
2010
0.20 USD
Oct. 22, 2010 0.0500
July 23, 2010 0.0500
April 16, 2010 0.0500
Jan. 15, 2010 0.0500
2009
0.20 USD
Oct. 23, 2009 0.0500
July 24, 2009 0.0500
April 24, 2009 0.0500
Jan. 16, 2009 0.0500
2008
0.84 USD
Oct. 17, 2008 0.2100
July 25, 2008 0.2100
April 18, 2008 0.2100
Jan. 11, 2008 0.2100
2007
0.83 USD
Oct. 19, 2007 0.2100
July 20, 2007 0.2100
April 20, 2007 0.2050
Jan. 12, 2007 0.2050
2006
0.81 USD
Oct. 20, 2006 0.2050
July 14, 2006 0.2050
April 14, 2006 0.2000
Jan. 13, 2006 0.2000
2005
0.78 USD
Oct. 21, 2005 0.2000
July 15, 2005 0.2000
April 15, 2005 0.1900
Jan. 14, 2005 0.1909
2004
0.75 USD
Oct. 22, 2004 0.1909
July 23, 2004 0.1909
April 16, 2004 0.1818
Jan. 23, 2004 0.1818
2003
0.71 USD
Oct. 17, 2003 0.1818
July 18, 2003 0.1818
April 18, 2003 0.1736
Jan. 17, 2003 0.1728
2002
0.91 USD
Oct. 18, 2002 0.1728
July 19, 2002 0.1728
April 26, 2002 0.1653
Feb. 6, 2002 0.1638
Jan. 18, 2002 0.2400
2001
1.21 USD
Oct. 26, 2001 0.2400
July 27, 2001 0.2400
April 27, 2001 0.2300
Feb. 7, 2001 0.2508
Jan. 19, 2001 0.2500
2000
0.98 USD
Oct. 27, 2000 0.2500
July 21, 2000 0.2500
April 28, 2000 0.2400
Jan. 28, 2000 0.2400
1999
0.92 USD
Oct. 29, 1999 0.2300
July 30, 1999 0.2300
April 30, 1999 0.2200
Jan. 22, 1999 0.2400
1998
1.16 USD
Oct. 23, 1998 0.2300
July 24, 1998 0.2300
April 29, 1998 0.2200
Feb. 10, 1998 0.2398
Jan. 23, 1998 0.2400
1997
1.16 USD
Oct. 24, 1997 0.2300
July 25, 1997 0.2300
May 2, 1997 0.2200
Feb. 5, 1997 0.2398
Jan. 24, 1997 0.2400
1996
1.14 USD
Oct. 25, 1996 0.2300
July 26, 1996 0.2300
April 26, 1996 0.2200
Feb. 13, 1996 0.2180
Jan. 26, 1996 0.2400
1995
0.90 USD
Oct. 20, 1995 0.2300
July 28, 1995 0.2300
April 28, 1995 0.2200
Jan. 27, 1995 0.2200
1994
3.53 USD
Oct. 21, 1994 0.2100
July 29, 1994 0.2100
April 29, 1994 0.2000
Jan. 28, 1994 0.2200
Jan. 26, 1994 2.6950
1993
1.11 USD
Oct. 22, 1993 0.2100
July 30, 1993 0.2100
April 30, 1993 0.2000
Feb. 9, 1993 0.2662
Jan. 29, 1993 0.2200
1992
0.92 USD
Oct. 23, 1992 0.2100
July 24, 1992 0.2100
April 24, 1992 0.2000
Jan. 31, 1992 0.3000
1991
1.08 USD
Oct. 25, 1991 0.2800
July 26, 1991 0.2800
April 26, 1991 0.2600
Jan. 31, 1991 0.2600
1990
1.03 USD
Oct. 19, 1990 0.2400
July 27, 1990 0.2400
April 27, 1990 0.2200
Jan. 26, 1990 0.3300
1989
1.46 USD
Oct. 20, 1989 0.3630
July 28, 1989 0.3630
April 28, 1989 0.3303
Jan. 27, 1989 0.3993
1988
1.42 USD
Oct. 21, 1988 0.3594
July 29, 1988 0.3594
April 29, 1988 0.3194
Jan. 28, 1988 0.3865
1987
1.21 USD
Oct. 22, 1987 0.2928
July 24, 1987 0.2928
April 24, 1987 0.2489
Jan. 29, 1987 0.3733
Upcoming Dividends
Name Payment Date Status Amount
Washington Federal, Inc. Jun 05, 2026 0.27 USD
Washington Federal, Inc. Feb 27, 2026 0.27 USD
Washington Federal, Inc. Dec 05, 2025 0.27 USD
Washington Federal, Inc. Sep 05, 2025 0.27 USD
Stock Splits
Split Date Split Ratio to 1
Feb. 7, 2001 1.100000
Feb. 6, 2002 1.100000
Feb. 5, 2003 1.100000
Feb. 4, 2004 1.100000
Feb. 2, 2005 1.100000
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