WaFd, Inc (NASDAQ:WAFD) Expected to Earn Q3 2026 Earnings of $0.90 Per Share

WaFd, Inc (NASDAQ:WAFD) – Equities research analysts at Zacks Research dropped their Q3 2026 earnings per share (EPS) estimates for WaFd in a research note issued on Thursday, August 8th. Zacks Research analyst S. Shah now expects that the bank will earn $0.90 per share for the quarter, down from their previous estimate of $0.91. The consensus estimate for WaFd’s current full-year earnings is $2.89 per share.

WaFd (NASDAQ:WAFD) last issued its earnings results on Tuesday, July 16th. The bank reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.18. The firm had revenue of $194.44 million during the quarter, compared to analyst estimates of $185.36 million. WaFd had a net margin of 14.13% and a return on equity of 9.58%. The business’s revenue was up 6.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.89 earnings per share.

WAFD has been the subject of a number of other research reports. Piper Sandler boosted their price target on WaFd from $29.00 to $31.00 and gave the company a “neutral” rating in a report on Monday, May 20th. Stephens increased their price target on WaFd from $32.00 to $36.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 18th. Finally, StockNews.com upgraded WaFd from a “sell” rating to a “hold” rating in a report on Thursday, July 18th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $34.25.

WaFd Price Performance

WaFd stock opened at $33.38 on Monday. The company has a debt-to-equity ratio of 1.52, a current ratio of 1.11 and a quick ratio of 1.09. The stock has a market cap of $2.71 billion, a price-to-earnings ratio of 12.67 and a beta of 0.83. The firm has a 50-day moving average of $30.25 and a two-hundred day moving average of $28.84. WaFd has a 1 year low of $23.36 and a 1 year high of $36.52.

Institutional Investors Weigh In On WaFd

Hedge funds have recently made changes to their positions in the stock. Mutual of America Capital Management LLC raised its holdings in WaFd by 3.3% in the first quarter. Mutual of America Capital Management LLC now owns 11,703 shares of the bank’s stock worth $340,000 after purchasing an additional 372 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in WaFd by 5.7% during the first quarter. Ameritas Investment Partners Inc. now owns 6,887 shares of the bank’s stock valued at $200,000 after acquiring an additional 373 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in WaFd by 1.6% in the first quarter. Commonwealth Equity Services LLC now owns 24,596 shares of the bank’s stock valued at $714,000 after acquiring an additional 382 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in WaFd by 1.2% in the second quarter. Louisiana State Employees Retirement System now owns 34,000 shares of the bank’s stock worth $972,000 after purchasing an additional 400 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its position in shares of WaFd by 5.8% during the fourth quarter. PNC Financial Services Group Inc. now owns 12,054 shares of the bank’s stock worth $397,000 after purchasing an additional 661 shares in the last quarter. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

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.