WaFd, Inc. (WAFD) Stock

WaFd, Inc. (WAFD) is a Financials stock trading at $36.65 (as of 2026-08-20), with a market capitalization of $2.71B and a trailing P/E of 10.6. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

WaFd, Inc. provides lending, deposit, insurance, and other banking services for consumers, and also offers banking services to mid-sized to large businesses and to owners and developers of commercial real estate. The company is headquartered in Seattle, Washington.

Understand WaFd, Inc.: how it makes money

WaFd, Inc. provides lending, depository, insurance, and other banking services to consumers, and banking services to mid-sized to large businesses and commercial real estate owners and developers, and it earns money by providing these banking services.

WaFd's profit drivers are closely tied to credit activity, the company highlights loan origination and production (new money potential) while also tracking repayments and payoffs, so changes in loan inflows versus repayments can shift results.

Business quality (Solid): The provided dataset includes key loan-activity and wealth-management operating metrics, but it does not include reportable business segments or a usable segment revenue breakdown, limiting how precisely earnings can be attributed to specific lines.

Valuation: At 12× earnings, WAFD trades 8% below the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Credit growth momentum indicators: The latest quarter shows Gross New Money Potential of USD_B 2.5 and Loan Originations for Active Loan Types of USD_B 1.5, supported by Loan Production in Active Portfolio of USD_B 1.1.
  • Wealth management contribution: Wealth Management Assets Under Management were USD_B 0.45 in the latest quarter, adding another operating lever alongside lending activity.

Bear case

  • Repayment and payoff pressure: Repayments and Payoffs were USD_B 0.9 in the latest quarter, and higher paydowns can reduce the pace of net loan growth.
  • Business mix sensitivity: WaFd serves consumers and also mid-sized to large businesses and commercial real estate owners and developers, which can increase exposure to credit-cycle changes across multiple customer types.
Valuation — source: SEC EDGAR (first-party)
Price$36.65
Market Cap$2.71B
P/E Ratio10.6
EV / EBITDA6.0
Price / Book0.90
Price / Sales85.60
FCF Yield8.4%
DCF Value (model)$44.40
DCF Upside vs Price21.2%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$29.65M
Net Margin762.5%
Revenue Growth (YoY)7.3%
EPS Growth (YoY)16.4%
FCF Growth (YoY)19.4%
Valuation vs Sector & Industry
Stock P/E10.6
Sector P/E (Financials)15.1
Industry P/E (Banking)12.9
vs Sector-30.3%
vs Industry-18.3%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($346.79M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOBrent J. Beardall
Employees2,018
CountryUS
IPO Date1982-11-09

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WAFD earnings history · WAFD institutional & insider holders · WAFD KPIs & operating metrics · WAFD financials · WAFD investor presentations & press releases · WAFD SEC filings · WAFD peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.