Zacks Research Estimates WaFd’s Q2 Earnings (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Equities researchers at Zacks Research lowered their Q2 2026 earnings per share estimates for WaFd in a research report issued on Wednesday, December 18th. Zacks Research analyst S. Shah now forecasts that the bank will earn $0.81 per share for the quarter, down from their prior estimate of $0.82. The consensus estimate for WaFd’s current full-year earnings is $2.82 per share. Zacks Research also issued estimates for WaFd’s Q4 2026 earnings at $0.82 EPS, FY2026 earnings at $3.22 EPS and FY2027 earnings at $3.34 EPS.

WaFd (NASDAQ:WAFD) last posted its quarterly earnings data on Thursday, October 17th. The bank reported $0.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.70 by $0.01. WaFd had a net margin of 13.97% and a return on equity of 9.44%. The company had revenue of $389.98 million for the quarter, compared to the consensus estimate of $190.43 million. During the same quarter last year, the firm posted $0.72 earnings per share.

Several other research firms have also commented on WAFD. DA Davidson lifted their price objective on shares of WaFd from $39.00 to $41.00 and gave the stock a “buy” rating in a research note on Monday, October 21st. Piper Sandler decreased their price objective on shares of WaFd from $36.00 to $35.00 and set a “neutral” rating for the company in a research note on Monday, October 21st. StockNews.com raised WaFd from a “sell” rating to a “hold” rating in a research note on Tuesday, November 12th. Finally, Keefe, Bruyette & Woods reissued a “market perform” rating and set a $40.00 price target on shares of WaFd in a research note on Monday, October 21st. Four research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $38.00.

WaFd Trading Down 1.4 %

Shares of WaFd stock opened at $31.95 on Friday. WaFd has a fifty-two week low of $25.78 and a fifty-two week high of $38.62. The company has a fifty day moving average of $35.69 and a 200 day moving average of $33.59. The company has a debt-to-equity ratio of 1.21, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $2.60 billion, a P/E ratio of 12.88 and a beta of 0.84.

Institutional Investors Weigh In On WaFd

Institutional investors have recently added to or reduced their stakes in the stock. Assenagon Asset Management S.A. bought a new stake in shares of WaFd in the 3rd quarter valued at about $18,583,000. American Century Companies Inc. grew its holdings in WaFd by 31.6% in the second quarter. American Century Companies Inc. now owns 1,274,665 shares of the bank’s stock worth $36,430,000 after purchasing an additional 305,942 shares during the last quarter. Systematic Financial Management LP increased its position in shares of WaFd by 21.5% during the third quarter. Systematic Financial Management LP now owns 1,432,523 shares of the bank’s stock worth $49,923,000 after purchasing an additional 253,044 shares in the last quarter. State Street Corp boosted its position in shares of WaFd by 5.2% in the 3rd quarter. State Street Corp now owns 3,969,790 shares of the bank’s stock worth $138,347,000 after purchasing an additional 195,845 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in WaFd by 10.0% during the 3rd quarter. Geode Capital Management LLC now owns 1,759,135 shares of the bank’s stock worth $61,318,000 after buying an additional 159,750 shares during the last quarter. Institutional investors own 83.71% of the company’s stock.

Insider Activity

In other news, EVP Ryan Mauer sold 12,132 shares of WaFd stock in a transaction on Monday, November 4th. The stock was sold at an average price of $33.33, for a total value of $404,359.56. Following the transaction, the executive vice president now directly owns 100,376 shares in the company, valued at approximately $3,345,532.08. This trade represents a 10.78 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 2.25% of the company’s stock.

WaFd Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, December 6th. Stockholders of record on Friday, November 22nd were issued a $0.26 dividend. The ex-dividend date was Friday, November 22nd. This represents a $1.04 annualized dividend and a dividend yield of 3.26%. WaFd’s dividend payout ratio is currently 41.94%.

WaFd 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 offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.