MARKETS / NASDAQ / Financials / Banks / WAFD

NASDAQ · NATIONAL COMMERCIAL BANKS · LARGE CAP

Wafd Inc. WAFD

18 fiscal years on record · USD · FY2025 reported · SEC filings only

7 YEARS OF DIVIDEND GROWTH

Net income

$226.1M

▲ 13.0% YoY

Free cash flow

$208.2M

▼ 49.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The business of the Bank consists primarily of accepting deposits from the general public and investing these funds in loans of various types, including construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, and business loans, including U.S. Small Business Administration (“SBA”) loans. As of September 30, 2025, WaFd Bank has 208 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas. As of September 30, 2025, we employed 2037 full and part time employees.

Written from the business description in WaFd, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 18 November 2025. Every sentence was checked against that document before publication.

Growth

Revenue, FY2025 · full 18-year series below

Compound annual growth

Net income

−1.5%

+5.4%

+3.5%

+4.4%

EPS, diluted

−8.1%

+3.1%

+4.6%

+6.3%

Dividend / share

+4.0%

+4.2%

+7.1%

+11.8%

Returned to shareholders

+42.6%

+0.5%

+0.4%

+15.0%

3 yrs

5 yrs

10 yrs

15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

ROE

FY2025 · ROE 7.5%

5%10%

200820162025

Three returns, three denominators.

Return on equity7.5%

Return on assets0.8%

Return on capital employedNot available: we don't have total assets or current liabilities for this period.

Gross margin·

Operating margin·

Net margin·

EBITDAUSD 299.4M

Each USD of equity produced 7 cents of profit this year.

Cash & shareholders

USD 182.6M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 208.2

150M300M

200820162025

Net buybacks $M Dividends $M

FY2025 · Dividends 84.6 · Net buybacks 98.0

150M300M-150M-300MDividendsNet buybacks

2008201120142017202020232025

Dividends paidUSD 84.6M

Net buybacksUSD 98.0M

Share of profit80.8%

Consecutive raises7 years

USD 84.6M in dividends and USD 98.0M in buybacks — 81% of the year's profit went back to shareholders.

Total assetsUSD 26.7B

EquityUSD 3.0B

CashUSD 657.3M

DepositsUSD 21.4B

Equity funds 11% of total assets.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

WAFD, 18-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Operating income $B	0.3	0.3	0.3	0.3	0.2	0.2	0.3	0.3	0.3	0.2	0.2	0.2	0.2	0.2	◌	◌	◌	◌
EBITDA $B	0.3	0.4	0.3	0.4	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌	◌
Income tax $B	0.1	0.1	0.1	0.1	0.0	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.0	0.0
Net income $B	0.2	0.2	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.0	0.1
Free cash flow $B	0.2	0.4	0.2	0.3	0.3	0.1	0.2	0.2	0.2	0.2	0.1	0.1	0.2	0.1	0.3	0.2	0.2	0.1
EPS, diluted $	2.63	2.50	3.72	3.39	2.39	2.26	2.61	2.40	1.94	1.78	1.67	1.55	1.45	1.29	1.00	1.05	0.46	0.71
Dividend / sh $	1.07	1.03	0.99	0.95	0.91	0.87	0.79	0.67	0.84	0.55	0.54	0.41	0.36	0.32	0.24	0.20	0.20	0.84
Payout %	37	37	25	26	36	38	30	27	43	30	32	27	25	23	23	19	39	118
ROE %	7.5	7.4	11.0	10.7	8.9	8.6	10.4	10.2	8.7	8.3	8.2	8.0	7.9	7.3	5.9	6.6	3.1	4.7
Shares out B	0.08	0.08	0.06	0.07	0.07	0.08	0.08	0.08	0.09	0.09	0.09	0.10	0.10	0.11	0.11	0.11	0.11	◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

UNH · BRK-A · BRK-B · CI · ELV · CNC

Provenance

Company facts, as filed

How we verify · 0 failures in 53 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityNational Commercial Banks

Listed onNASDAQ

Incorporated inWashington

Fiscal year endsSeptember 30

Data on record since2008