Is WaFd Inc. (WAFD) overvalued or fairly valued?

MarketChacha shows WaFd Inc.'s valuation in context — a trailing P/E of about 11.2, a forward P/E of about 10.6, a price-to-book of about 1.0 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does WaFd Inc.'s reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.30×) from reported figures — education, not a rating.

What is WaFd Inc.'s revenue?

WaFd Inc. reported revenue of $29.6M for FY2025, with net profit of $226.1M, per official filings.

What is the share price of WaFd Inc. (WAFD)?

WaFd Inc. last traded at $35.57 (-0.5% on the day), as of 9/1/2026 — a delayed quote shown for education, not investment advice.

WaFd Inc.

WAFD · NYSE · Financials · United States

Snapshot

TickerWAFD

ExchangeNYSE

SectorFinancials

IndustryBanks - Regional

CountryUnited States

Employees2,055

HeadquartersSeattle, United States

Websitewww.wafdbank.com

Filings tracked25

About WaFd Inc.

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.

Who owns it

Insiders1.7%
Institutions87.4%
Public & other10.9%

389 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.14.56%
Dimensional Fund Advisors LP6.71%
Vanguard Portfolio Management LLC6.43%
State Street Corporation5.87%
Alliancebernstein L.P.5.15%
Vanguard Capital Management LLC4.49%
Fuller & Thaler Asset Management Inc.4.25%
American Century Companies Inc3.27%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

Margin has compressed by about 225.7 points over the period — profitability is trending down.

Cash conversion1.30×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend988.2% → 762.5%

Margin has compressed by about 225.7 points over the period — profitability is trending down.

Return on equity7.4%

Latest ROE of 7.4% is on the low side — the business earns a modest return on shareholder capital.

Growth qualityrev 7% · PAT -6%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $204.3M · EPS 0.84

Est. earnings growth +12.0%

Next fiscal year

Rev $822.3M · EPS 3.36

Est. earnings growth +4.3%

Analyst consensus estimates — not the company's own guidance.

New to these terms?

P/E ROE ROCE Margins Market cap

Browse the Learn hub →

Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$29.6M

Net margin

762.5%

ROE

7.4%

Revenue CAGR (2y)

+6.7%

Profit CAGR (2y)

-6.3%

EPS (FY2025)

2.63

Net profit (FY2025)

$226.1M

Ask MarketChacha about WAFD

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$29.6M	$226.1M	2.63	762.5%	7.4%
FY2024	$27.5M	$200.0M	2.50	727.2%	6.7%
FY2023	$26.1M	$257.4M	3.72	988.2%	10.6%

Quarterly

Period	Revenue	Net profit	EPS	Net margin
2026Q2	$8.1M	$66.1M	0.84	812.2%
2026Q1	$7.7M	$65.5M	0.82	854.2%
2025Q4	$7.9M	$64.2M	0.79	817.0%
2025Q2	$7.6M	$62.0M	0.73	816.4%
2025Q1	$7.1M	$56.3M	0.65	797.1%
2024Q4	$7.0M	$47.3M	0.54	670.8%
2024Q2	$7.0M	$64.6M	0.75	927.6%
2024Q1	$6.7M	$15.9M	0.17	237.2%
2023Q4	$6.8M	$58.5M	0.85	859.4%
2023Q2	$6.7M	$61.8M	0.89	927.6%
2023Q1	$6.2M	$65.9M	0.95	1065.5%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

10-Q filing
SEC8/4/2026
8-K — Reg FD disclosure, Exhibits
SEC7/28/2026material
8-K — Results of operations, Exhibits
SEC7/17/2026material
8-K — Reg FD disclosure, Exhibits
SEC7/6/2026material
8-K — Other events, Exhibits
SEC5/12/2026material
10-Q filing
SEC5/5/2026
8-K — Reg FD disclosure, Exhibits
SEC5/5/2026material
8-K — Results of operations, Exhibits
SEC4/17/2026material
8-K — Reg FD disclosure, Exhibits
SEC4/2/2026material
8-K — Executive/director change, Reg FD disclosure, Exhibits
SEC3/2/2026material
8-K — Reg FD disclosure, Exhibits
SEC2/23/2026material
10-Q filing
SEC2/4/2026
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC2/4/2026material
8-K — Other events, Exhibits
SEC2/3/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/22/2026material
8-K — Results of operations, Exhibits
SEC1/16/2026material
8-K — Reg FD disclosure, Exhibits
SEC1/5/2026material

2025

10-K filing
SEC11/18/2025
8-K — Other events, Exhibits
SEC11/12/2025material
8-K — Reg FD disclosure, Exhibits
SEC11/12/2025material
8-K — Results of operations, Exhibits
SEC10/29/2025material
8-K — Reg FD disclosure, Exhibits
SEC10/3/2025material
8-K — Other events, Exhibits
SEC10/1/2025material
8-K — Other events, Exhibits
SEC9/23/2025material
8-K — Reg FD disclosure, Exhibits
SEC8/22/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.