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WaFd (WAFD) Reports Q3 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, WaFd (WAFD - Free Report) reported revenue of $205.52 million, up 10.3% over the same period last year. EPS came in at $0.81, compared to $0.73 in the year-ago quarter.

The reported revenue compares to the Zacks Consensus Estimate of $198.87 million, representing a surprise of +3.34%. The company delivered an EPS surprise of -1.22%, with the consensus EPS estimate being $0.82.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how WaFd performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Total Non-performing Assets: $135.75 million versus the two-analyst average estimate of $128.69 million.
  • Net charge-offs average loans: 0% compared to the 0.1% average estimate based on two analysts.
  • Efficiency Ratio: 53.7% versus the two-analyst average estimate of 55.8%.
  • Total Non-accrual loans: $127.57 million versus the two-analyst average estimate of $120.56 million.
  • Net Interest Margin: 2.8% versus the two-analyst average estimate of 2.8%.
  • Average balance - Total interest-earning assets: $25.87 billion compared to the $25.56 billion average estimate based on two analysts.
  • Total noninterest income: $24.18 million versus the two-analyst average estimate of $20.16 million.
  • Net Interest Income: $181.34 million versus $178.53 million estimated by two analysts on average.

View all Key Company Metrics for WaFd here>>>

Shares of WaFd have returned +6% over the past month versus the Zacks S&P 500 composite's +0.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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