WAFD - Washington Federal Inc Stock Price, Fair Value and News

29.73USD+1.00 (+3.48%)Market Closed

Market Summary

USD29.73+1.00

Market Closed

3.48%

WAFD Alerts

Big fall in earnings (Y/Y)

WAFD Stock Price

View Fullscreen

WAFD RSI Chart

WAFD Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

12.55

Price/Sales (Trailing)

2.1

EV/EBITDA

4.3

Price/Free Cashflow

6.3

WAFD Price/Sales (Trailing)

WAFD Profitability

EBT Margin

20.73%

Return on Equity

6.38%

Return on Assets

0.62%

Free Cashflow Yield

15.88%

WAFD Fundamentals

WAFD Revenue

Revenue (TTM)

1.1B

Rev. Growth (Yr)

7.44%

Rev. Growth (Qtr)

-4.36%

WAFD Earnings

Earnings (TTM)

186.3M

Earnings Growth (Yr)

-75.9%

Earnings Growth (Qtr)

-72.82%

Breaking Down WAFD Revenue

Last 7 days

-0.1%

Last 30 days

7.0%

Last 90 days

2.6%

Trailing 12 Months

11.1%

How does WAFD drawdown profile look like?

WAFD Financial Health

Debt/Equity

1.33

Debt/Cashflow

0.1

WAFD Investor Care

Dividend Yield

3.48%

Dividend/Share (TTM)

0.99

Shares Dilution (1Y)

23.75%

Diluted EPS (TTM)

2.63

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	1.1B	0	0	0
2023	853.8M	959.2M	1.0B	1.1B
2022	598.3M	618.0M	666.4M	749.3M
2021	591.4M	589.1M	591.6M	594.2M
2020	665.7M	643.6M	621.3M	604.3M
2019	642.4M	659.2M	671.5M	673.7M
2018	574.8M	592.2M	607.1M	623.9M
2017	535.6M	539.5M	548.9M	561.9M
2016	534.8M	539.3M	536.8M	534.4M
2015	535.5M	529.7M	530.0M	532.4M
2014	522.1M	528.9M	533.7M	535.2M
2013	537.6M	520.4M	516.3M	516.2M
2012	537.4M	521.3M	590.3M	565.7M
2011	522.4M	542.2M	493.4M	511.5M
2010	582.9M	584.7M	586.5M	558.8M
2009	0	640.3M	579.2M	581.1M
2008	0	0	701.4M	0

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Washington Federal Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Jan 02, 2024	tabbutt mark	acquired	100,001	32.96	3,034	-
Jan 02, 2024	brower linda s	acquired	100,001	32.96	3,034	-
Jan 02, 2024	talbot randall h	acquired	100,001	32.96	3,034	-
Jan 02, 2024	singh sudhir steven	acquired	100,001	32.96	3,034	-
Jan 02, 2024	singleton sean	sold (taxes)	-31,345	32.96	-951	-
Jan 02, 2024	singleton sean	acquired	100,001	32.96	3,034	-
Jan 02, 2024	bice shawn	acquired	100,001	32.96	3,034	-
Jan 02, 2024	brower linda s	sold (taxes)	-30,026	32.96	-911	-
Jan 02, 2024	graham stephen	acquired	100,001	32.96	3,034	-
Jan 02, 2024	hampel sylvia	acquired	100,001	32.96	3,034	-

Which funds bought or sold WAFD recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 14, 2024	ALLIANCEBERNSTEIN L.P.	added	0.96	-299,664	2,404,670	-%
May 14, 2024	Washington Trust Bank	unchanged	-	-82,093	606,408	0.06%
May 14, 2024	GUGGENHEIM CAPITAL LLC	new	-	206,752	206,752	-%
May 14, 2024	NORGES BANK	sold off	-100	-15,363,400	-	-%
May 14, 2024	MQS Management LLC	new	-	241,878	241,878	0.14%
May 14, 2024	Metropolitan Life Insurance Co/NY	reduced	-0.71	-15,147	105,553	-%
May 14, 2024	Legal & General Group Plc	added	3.03	-553,986	5,431,720	-%
May 14, 2024	GOLDMAN SACHS GROUP INC	reduced	-46.08	-6,679,000	15,123,600	-%
May 14, 2024	STATE OF WISCONSIN INVESTMENT BOARD	sold off	-100	-1,154,880	-	-%
May 14, 2024	OLD POINT TRUST & FINANCIAL SERVICES N A	unchanged	-	-7,938	58,641	0.02%

Are Funds Buying or Selling WAFD?

Are funds buying WAFD calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WAFD

No. of Funds

WAFD Alerts

Big fall in earnings (Y/Y)

Unveiling Washington Federal Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	12.12%	7,777,441	SC 13G/A
Feb 09, 2024	dimensional fund advisors lp	8.2%	5,261,779	SC 13G/A
Jan 24, 2024	state street corp	5.24%	3,362,746	SC 13G
Jan 23, 2024	blackrock inc.	14.5%	9,335,377	SC 13G/A
Feb 10, 2023	dimensional fund advisors lp	8.2%	5,351,127	SC 13G/A
Feb 09, 2023	vanguard group inc	10.99%	7,189,293	SC 13G/A
Jan 24, 2023	blackrock inc.	12.4%	8,121,193	SC 13G/A
Feb 10, 2022	vanguard group inc	10.52%	6,860,020	SC 13G/A
Feb 10, 2022	janus henderson group plc	0.0%	15,337	SC 13G/A
Feb 08, 2022	dimensional fund advisors lp	8.2%	5,322,806	SC 13G/A

Recent SEC filings of Washington Federal Inc

View All Filings

Date Filed	Form Type	Document
May 14, 2024	8-K	Current Report
May 13, 2024	8-K/A	Current Report
May 09, 2024	8-K	Current Report
May 03, 2024	10-Q	Quarterly Report
Apr 23, 2024	8-K	Current Report
Apr 03, 2024	8-K	Current Report
Mar 08, 2024	3	Insider Trading
Mar 08, 2024	3	Insider Trading
Mar 01, 2024	8-K	Current Report
Feb 20, 2024	8-K/A	Current Report

Peers (Alternatives to Washington Federal Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
JPM	580.6B	174.7B	10.22%	48.98%	11.53	3.32	53.11%	19.83%
BAC	304.4B	137.9B	7.57%	39.24%	12.16	2.21	56.12%	-12.56%
WFC	217.3B	85.8B	9.58%	59.61%	11.58	2.53	35.02%	26.14%
C	122.5B	125.0B	6.53%	38.07%	15.33	0.98	37.85%	-
CFG	16.8B	10.4B	9.93%	41.37%	11.72	1.61	26.22%	-33.87%
KEY	14.7B	8.1B	3.29%	57.35%	16.8	1.8	32.15%	-50.93%
MID-CAP
CMA	7.3B	4.2B	5.39%	57.43%	10.53	1.72	34.68%	-45.96%
ZION	6.7B	4.1B	9.56%	86.36%	10.59	1.63	32.93%	-30.73%
ABCB	3.5B	1.3B	10.65%	65.52%	12.25	2.64	30.60%	-12.99%
ASB	3.4B	2.0B	10.14%	49.70%	21.1	1.66	47.11%	-59.32%
SMALL-CAP
AMNB	497.6M	120.2M	6.68%	49.76%	19.02	4.14	45.65%	-13.98%
AROW	410.1M	173.1M	8.57%	24.92%	14.06	2.37	26.54%	-34.86%
ALRS	389.6M	152.4M	3.25%	44.20%	39.19	2.56	16.94%	-73.84%
ACNB	287.2M	98.7M	3.12%	13.90%	9.76	2.91	6.27%	-22.90%
ASRV	46.1M	62.5M	10.88%	-6.69%	-15.6	0.74	18.83%	-145.18%

Washington Federal Inc News

Latest updates

Washington Federal Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.4%	274	287	282	272	255	233	198	167	151	150	150	147	147	148	147	150	160	165	169	172	168
EBITDA Margin	13.5%	0.98*	0.86*	1.00*	1.14*	1.27*	1.38*	1.40*	1.40*	1.39*	-	-	-	-	-	-	-	-	-	-	-	-
Interest Expenses	4.2%	159	152	164	169	175	183	174	152	135	134	132	129	124	121	115	117	118	120	120	122	120
Income Taxes	-61.7%	5.00	13.00	9.00	18.00	19.00	22.00	20.00	18.00	14.00	13.00	14.00	13.00	12.00	11.00	8.00	9.00	10.00	18.00	13.00	11.00	14.00
Earnings Before Taxes	-70.8%	21.00	72.00	59.00	79.00	85.00	102	93.00	81.00	63.00	63.00	67.00	60.00	57.00	50.00	42.00	44.00	46.00	86.00	65.00	65.00	65.00
EBT Margin	-22.9%	0.21*	0.27*	0.31*	0.37*	0.42*	0.45*	0.45*	0.44*	0.42*	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	-72.8%	16.00	58.00	50.00	62.00	66.00	80.00	73.00	63.00	49.00	50.00	52.00	47.00	45.00	39.00	34.00	35.00	36.00	68.00	52.00	54.00	51.00
Net Income Margin	-22.5%	0.17*	0.22*	0.25*	0.29*	0.33*	0.35*	0.35*	0.35*	0.33*	-	-	-	-	-	-	-	-	-	-	-	-
Free Cashflow	61.4%	165	102	80.00	17.00	42.00	64.00	79.00	70.00	39.00	-	-	-	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	33.1%	30,140	22,640	22,475	22,553	22,325	21,654	20,772	20,159	20,560	19,973	19,651	19,650	19,534	19,064	18,794	18,175	17,376	16,423	16,475	16,469	16,435
Cash Equivalents	31.5%	1,506	1,145	981	1,140	1,119	646	684	607	1,948	1,881	2,091	2,252	2,318	1,831	1,703	1,218	1,496	484	419	290	280
Net PPE	2.6%	243	237	237	237	236	240	243	244	247	253	255	256	260	256	253	251	246	246	274	276	277
Goodwill	34.8%	411	305	305	303	303	303	303	303	303	303	303	303	303	303	303	303	303	302	301	301	301
Liabilities	34.8%	27,218	20,188	20,048	20,159	19,950	19,329	18,498	17,939	18,369	17,824	17,525	17,422	17,201	17,002	16,780	16,185	15,390	14,372	14,442	14,456	14,431
Long Term Debt	-100.0%	-	3,875	3,650	-	-	-	2,125	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Shareholder's Equity	19.2%	2,922	2,452	2,426	2,394	2,375	2,324	2,274	2,220	2,192	2,149	2,126	2,227	2,333	2,062	2,014	1,991	1,965	2,031	2,033	2,013	2,004
Retained Earnings	-0.2%	1,902	1,907	1,868	1,837	1,795	1,749	1,689	1,635	1,590	1,560	1,529	1,495	1,468	1,443	1,421	1,403	1,406	1,385	1,336	1,300	1,262
Additional Paid-In Capital	26.7%	2,143	1,691	1,688	1,686	1,684	1,689	1,687	1,685	1,684	1,681	1,679	1,677	1,676	1,680	1,679	1,677	1,676	1,674	1,672	1,671	1,670
Shares Outstanding	26.7%	81.00	64.00	65.00	65.00	66.00	65.00	65.00	65.00	65.00	65.00	73.00	-	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	1,941	-	-	-	2,112	-	-	-	2,222	-	-	-	1,945	-	-	-	2,301

Cashflow (Last 12 Months)

(In Thousands)

Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	53.5%	169,202	110,260	82,879	20,153	44,825	66,100	97,058	88,157	56,409	26,841	64,757	44,942	110,576	94,179	54,936	60,707	-22,638	73,595	65,352	59,767	48,670
Share Based Compensation	25.9%	2,887	2,293	1,991	1,896	2,456	1,571	1,492	1,470	2,456	1,390	1,465	1,389	2,078	1,449	1,450	1,521	2,119	1,379	1,204	1,199	1,111
Cashflow From Investing	775.8%	480,019	-71,027	-91,403	-149,483	-204,992	-932,039	-510,274	-954,931	-481,187	-546,772	-159,469	-184,075	-34,021	-202,180	-142,714	-1,081,566	166,830	136,471	140,963	19,616	-251,150
Cashflow From Financing	-330.8%	-288,224	124,892	-150,470	150,429	632,849	827,836	489,760	-473,309	491,635	309,769	-66,437	72,644	411,170	235,746	572,515	743,525	867,577	-145,419	-76,985	-69,109	198,659
Dividend Payments	3.1%	16,483	15,989	15,966	15,998	16,243	15,585	15,561	15,559	15,557	14,899	15,445	16,518	17,336	16,577	16,561	16,561	16,941	16,433	16,569	15,974	16,137
Buy Backs	-98.6%	240	17,064	13.00	28,614	108	1,728	48.00	77.00	162	2,973	140,576	118,303	89,071	701	4.00	40.00	78,610	33,479	19,919	34,287	20,718

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

WAFD Income Statement

2024-03-31

CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Mar. 31, 2024	Mar. 31, 2023	Mar. 31, 2024	Mar. 31, 2023
INTEREST INCOME
Loans receivable	$ 274,341	$ 222,957	$ 520,133	$ 426,903
Mortgage-backed securities	12,905	10,422	24,171	21,035
Investment securities and cash equivalents	31,580	21,967	61,368	40,827
Total income	318,826	255,346	605,672	488,765
INTEREST EXPENSE
Customer accounts	116,164	52,123	212,835	83,769
Borrowings, senior debt and junior subordinated debentures	44,065	28,185	82,003	47,159
Total interest expense	160,229	80,308	294,838	130,928
Net interest income	158,597	175,038	310,834	357,837
Provision for credit losses	16,000	3,500	16,000	6,000
Net interest income after provision (release)	142,597	171,538	294,834	351,837
OTHER INCOME
Gain (loss) on sale of investment securities	90	0	171	0
Gain (loss) on termination of hedging derivatives	6	26	115	26
Loan fee income	550	652	1,394	2,154
Deposit fee income	$ 6,698	$ 6,188	$ 13,500	$ 12,541
Revenue, Product and Service [Extensible Enumeration]	Deposit Account [Member]	Deposit Account [Member]	Deposit Account [Member]	Deposit Account [Member]
Other income	$ 6,048	$ 3,206	$ 12,379	$ 9,375
Total other income	13,392	10,072	27,559	24,096
OTHER EXPENSE
Compensation and benefits	73,155	51,444	122,996	100,514
Occupancy	10,918	10,918	20,289	21,020
FDIC insurance premiums	7,900	4,000	14,470	7,675
Product delivery	5,581	5,316	11,590	9,937
Information technology	12,883	12,785	25,749	25,114
Other expense	23,275	12,418	35,158	24,899
Total other expense	133,712	96,881	230,252	189,159
Gain (loss) on real estate owned, net	(1,315)	(199)	511	(311)
Income before income taxes	20,962	84,530	92,652	186,463
Income tax expense	5,074	18,596	18,311	41,020
Net income	15,888	65,934	74,341	145,443
Dividends on preferred stock	3,656	3,656	7,312	7,312
Net income available to common shareholders	$ 12,232	$ 62,278	$ 67,029	$ 138,131
PER SHARE DATA
Basic earnings per common share (in dollars per share)	$ 0.17	$ 0.95	$ 1.00	$ 2.11
Diluted earnings per common share (in dollars per share)	0.17	0.95	1.00	2.11
Dividends paid on common stock (in dollars per share)	$ 0.26	$ 0.25	$ 0.51	$ 0.49
Basic weighted average number of shares outstanding (in shares)	70,129,072	65,511,131	67,197,352	65,425,623
Diluted weighted average number of shares outstanding (in shares)	70,164,558	65,551,185	67,225,099	65,510,275

About Washington Federal Inc

Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association 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. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, business and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies; holds and markets real estate properties; mobile and internet banking services; and debit and credit cards, as well as acts as the trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.

CEO	Mr. Brent J. Beardall CPA
WEBSITE	wafdbank.com
INDUSTRY	Banks Diversified
EMPLOYEES	2115

Washington Federal Inc Frequently Asked Questions

What is the ticker symbol for Washington Federal Inc? What does WAFD stand for in stocks?

WAFD is the stock ticker symbol of Washington Federal Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Washington Federal Inc (WAFD)?

As of Tue May 14 2024, market cap of Washington Federal Inc is 2.34 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WAFD stock?

You can check WAFD's fair value in chart for subscribers.

What is the fair value of WAFD stock?

You can check WAFD's fair value in chart for subscribers. The fair value of Washington Federal Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Washington Federal Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WAFD so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Washington Federal Inc a good stock to buy?

The fair value guage provides a quick view whether WAFD is over valued or under valued. Whether Washington Federal Inc is cheap or expensive depends on the assumptions which impact Washington Federal Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WAFD.

What is Washington Federal Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 14 2024, WAFD's PE ratio (Price to Earnings) is 12.55 and Price to Sales (PS) ratio is 2.1. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WAFD PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Washington Federal Inc's stock?

In the past 10 years, Washington Federal Inc has provided 0.058 (multiply by 100 for percentage) rate of return.