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Seattle-based savings bank holding company offering consumer and commercial banking across the western United States.
Seattle-based savings bank holding company offering consumer and commercial banking across the western United States.
Earns mostly from the spread between interest on loans and what it pays for deposits. Historically a savings-and-loan that held fixed-rate home mortgages on its own books, it has leaned more on commercial and construction lending in recent years, which reprices faster. Seattle-based, with branches across western states.
Moat: narrow (distribution, switching costs). Long-run thrift franchise across multiple western states with a low-cost core deposit base.
Headquarters: Seattle, Washington · Founded: 1917
Size WaFd (WAFD) is a United States Financials company (Major Banks) with a market value of $2.18B, the 1739th largest of 3,117 United States companies the cockpit tracks. Shares closed at $29.43 on 6 Nov 2026.
Performance Over six months the shares fell 17.2%, against +3.7% for the median peer and -1.1% for the United States market (cap-weighted) — 3rd lowest of 20 in its peer set.
Growth Revenue grew 0.5% over the last twelve months (peer median +7.4%); the operating margin is 40.3% (peer median 29.4%).
Valuation It trades at 0.81× book value against a peer median of 0.95× (7th cheapest of 21).
Price implies The share price implies a return on equity of about 8.1%; WaFd delivers 8.5%, so the price asks less than the business earns today.
Short interest Short interest is 8.2% of the free float (15 Oct 2026).
Next results Next results expected around 21 Jan 2027 (exchange calendar; dates can move).
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|---|
| Revenue | $1.42B | $1.42B | $1.41B | $1.43B | $1.10B |
| Revenue growth | — | 0% | -2% | +31% | — |
| Net income | $256M | $256M | $226M | $200M | $257M |
| Free cash flow | n/a | n/a | $208M | $415M | $199M |
| Capital expenditure | n/a | n/a | $28.7M | $24.7M | $15.1M |
| Total debt | $2.55B | $2.55B | $1.87B | $3.36B | $3.67B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE |
|---|---|---|---|---|---|---|
| WaFd WAFD | $2.18B | -17% | 0% | 8% | 0.81× | 8.1% |
| Columbia Banking System COLB | $8.62B | +1% | +22% | 11% | 1.19× | 9.3% |
| Glacier Bancorp GBCI | $6.27B | -1% | +21% | 9% | 1.45× | 11.2% |
| Banner BANR | $2.55B | +7% | +2% | 10% | 1.20× | 10.1% |
| Heritage Financial HFWA | $1.15B | +3% | +22% | 8% | 1.06× | 7.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | WAFD | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -1.0% | -0.1% | 8th lowest of 21 |
| 6-month return | -17.2% | +3.7% | 3rd lowest of 20 |
| Return on equity | 8.5% | 7.9% | 10th highest of 21 |
| Price / book | 0.81× | 0.95× | 7th cheapest of 21 |
| Trailing P/E | 9.2× | 12.0× | 6th cheapest of 20 |
| ROE the price implies | 8.1% | 7.4% | 11th least demanding of 21 |
| ROE delivered | 8.5% | 8.0% | 10th highest of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | ROE | Price / book | Implied ROE | Delivered ROE |
|---|---|---|---|---|---|---|---|---|
| WaFd WAFD | United States | $2.18B | -17% | 0% | 8% | 0.81× | 8.1% | 8.5% |
| Bladex BLX | United States | $2.19B | -7% | +4% | 14% | 1.05× | 9.3% | 14.5% |
| Awa Bank 8388.T | Japan | $2.15B | +94% | +23% | 5% | 0.80× | 5.3% | 4.7% |
| OFG Bancorp OFG | United States | $2.15B | +10% | +2% | 17% | 1.60× | 12.0% | 16.6% |
| Seven Bank 8410.T | Japan | $2.09B | +28% | +3% | 6% | 1.41× | 5.7% | 6.3% |
| OSB OSB.L | United Kingdom | $2.27B | +4% | -6% | 12% | 0.78× | 12.1% | 12.4% |
| Tokyo Kiraboshi Financial 7173.T | Japan | $2.36B | -12% | +15% | 11% | 0.93× | 5.9% | 10.8% |
| City CHCO | United States | $1.99B | +15% | +3% | 16% | 2.55× | 13.9% | 16.4% |
| Aichi Financial 7389.T | Japan | $2.40B | +3% | +31% | 8% | 0.81× | 6.5% | 7.8% |
| SpareBank 1 Nord-Norge NONG.OL | Norway | $1.96B | +26% | -4% | 8% | 0.93× | 6.6% | 7.7% |
| Banco BBVA Argentina SA Sponsored ADR BBAR | United States | $2.45B | -29% | +6% | 8% | 0.77× | 8.1% | 8.0% |
| Bank of Xi'an 600928.SS | China | $2.51B | +2% | +1% | 8% | 0.45× | 2.6% | 7.8% |
| Far Eastern International Bank 2845.TW | Taiwan | $1.88B | +4% | +5% | 7% | 0.87× | 3.2% | 7.4% |
| BSP Financial BFL.AX | Australia | $2.53B | -5% | +7% | 25% | 2.12× | 10.5% | 24.5% |
| First Merchants FRME | United States | $2.56B | +1% | +8% | 8% | 0.97× | 9.2% | 7.8% |
| Happen HAPN | United States | $1.84B | n/a | +26% | 14% | 1.16× | 14.5% | 13.8% |
| FB Financial FBK | United States | $2.66B | 0% | +27% | 12% | 1.39× | 12.3% | 11.9% |
| Hyakujushi Bank 8386.T | Japan | $1.78B | +4% | +22% | 6% | 0.72× | 6.7% | 5.6% |
| FirstSun Capital Bancorp FSUN | United States | $1.77B | +5% | +45% | 4% | 0.98× | 6.3% | 4.2% |
| iM Financial 139130.KS | South Korea | $1.76B | -20% | +24% | 8% | 0.46× | 4.2% | n/a |
| NBT Bancorp NBTB | United States | $2.74B | +16% | +10% | 11% | 1.45× | 9.3% | 11.5% |