Quarterly ResultJul 17, 2026, 01:11 PM
WaFd Q3 EPS $0.84, Net Income $66M; Loans, Equity Grow
AI Summary
WaFd, Inc. announced strong third-quarter fiscal 2026 results, with diluted earnings per common share increasing 15% year-over-year to $0.84 and net income rising 7% to $66.13 million. The company reported healthy growth in loans and equity, an improved efficiency ratio of 53.69%, and an 11.0% return on tangible common equity. WaFd also highlighted its consistent dividend payments and remaining share repurchase authorization.
Key Highlights
- Diluted EPS was $0.84, up 15% year-over-year and 2% quarter-over-quarter.
- Net income reached $66.13 million, a 7% increase year-over-year.
- Return on Average Assets (ROAA) was 0.96% for the quarter.
- Return on Tangible Common Equity (ROATCE) was 11.0%.
- Efficiency ratio improved to 53.69% from 55.66% in the prior quarter.
- Net loans in active portfolios grew at an annualized rate of 10.4%.
- Non-performing assets were 0.49% of total assets.
- A cash dividend of $0.27 per share was paid, marking the 173rd consecutive quarterly dividend.
Price Impact
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