WaFd, Inc Forecasted to Earn Q1 2026 Earnings of $0.89 Per Share (NASDAQ:WAFD)

WaFd, Inc (NASDAQ:WAFD) – Research analysts at Zacks Research reduced their Q1 2026 earnings per share estimates for shares of WaFd in a report released on Monday, April 8th. Zacks Research analyst S. Shah now anticipates that the bank will post earnings per share of $0.89 for the quarter, down from their prior forecast of $0.92. The consensus estimate for WaFd’s current full-year earnings is $2.58 per share. Zacks Research also issued estimates for WaFd’s Q2 2026 earnings at $0.92 EPS and FY2026 earnings at $3.65 EPS.

WaFd (NASDAQ:WAFD) last released its earnings results on Tuesday, January 16th. The bank reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.77 by $0.08. The company had revenue of $166.40 million for the quarter, compared to the consensus estimate of $180.45 million. WaFd had a return on equity of 11.19% and a net margin of 20.58%. WaFd’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.16 earnings per share.

WAFD has been the topic of several other reports. DA Davidson reiterated a “buy” rating and set a $35.00 target price on shares of WaFd in a research report on Thursday. Keefe, Bruyette & Woods lowered their target price on WaFd from $37.00 to $35.00 and set an “outperform” rating on the stock in a research report on Thursday, January 18th. StockNews.com downgraded WaFd from a “hold” rating to a “sell” rating in a research report on Thursday, March 21st. Finally, Stephens restated an “equal weight” rating and issued a $35.00 price objective on shares of WaFd in a research report on Wednesday, January 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $33.50.

WaFd Price Performance

NASDAQ WAFD opened at $27.15 on Thursday. The company has a market capitalization of $1.76 billion, a PE ratio of 7.96 and a beta of 0.85. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.15 and a current ratio of 1.15. The business’s fifty day moving average is $27.87 and its 200 day moving average is $28.18. WaFd has a fifty-two week low of $23.36 and a fifty-two week high of $34.07.

Institutional Investors Weigh In On WaFd

Several large investors have recently made changes to their positions in WAFD. Cooper Financial Group purchased a new stake in shares of WaFd in the first quarter worth about $278,000. Congress Asset Management Co. MA lifted its position in shares of WaFd by 1.2% in the first quarter. Congress Asset Management Co. MA now owns 223,770 shares of the bank’s stock worth $6,496,000 after buying an additional 2,688 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of WaFd by 5.8% in the fourth quarter. PNC Financial Services Group Inc. now owns 12,054 shares of the bank’s stock worth $397,000 after buying an additional 661 shares in the last quarter. Hennessy Advisors Inc. purchased a new stake in shares of WaFd in the fourth quarter worth about $3,296,000. Finally, Price T Rowe Associates Inc. MD lifted its position in shares of WaFd by 2.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 36,683 shares of the bank’s stock worth $1,210,000 after buying an additional 1,014 shares in the last quarter. 83.71% of the stock is owned by institutional investors.

WaFd Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 8th. Stockholders of record on Friday, February 23rd were given a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 3.83%. This is an increase from WaFd’s previous quarterly dividend of $0.25. The ex-dividend date was Thursday, February 22nd. WaFd’s payout ratio is presently 30.50%.

About WaFd

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.