Zacks Research Predicts WaFd’s Q1 Earnings (NASDAQ:WAFD)

Posted by Brenda Bartman on Jun 24th, 2026

WaFd, Inc. (NASDAQ:WAFD – Free Report) – Stock analysts at Zacks Research increased their Q1 2028 EPS estimates for WaFd in a research report issued to clients and investors on Tuesday, June 23rd. Zacks Research analyst Team now expects that the bank will earn $0.86 per share for the quarter, up from their previous forecast of $0.85. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for WaFd’s current full-year earnings is $3.27 per share.

WaFd (NASDAQ:WAFD – Get Free Report) last issued its quarterly earnings data on Friday, April 17th. The bank reported $0.83 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.09. The business had revenue of $197.66 million for the quarter, compared to analyst estimates of $190.51 million. WaFd had a net margin of 18.25% and a return on equity of 8.94%. During the same period last year, the business posted $0.17 earnings per share.

Other analysts also recently issued research reports about the company. Weiss Ratings raised WaFd from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 22nd. Piper Sandler upped their price objective on WaFd from $30.50 to $36.00 and gave the stock a “neutral” rating in a research report on Monday, April 20th. Finally, Keefe, Bruyette & Woods upped their price objective on WaFd from $35.00 to $38.00 and gave the stock a “market perform” rating in a research report on Monday, April 20th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $34.80.

Read Our Latest Research Report on WAFD

WaFd Price Performance

Shares of NASDAQ WAFD opened at $37.26 on Wednesday. The firm has a market cap of $2.75 billion, a PE ratio of 12.18 and a beta of 0.84. The company has a current ratio of 0.97, a quick ratio of 0.97 and a debt-to-equity ratio of 1.14. WaFd has a 1-year low of $26.31 and a 1-year high of $38.59. The company has a fifty day moving average price of $35.37 and a 200 day moving average price of $33.40.

Institutional Investors Weigh In On WaFd

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Oregon Public Employees Retirement Fund boosted its holdings in shares of WaFd by 1.7% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 18,056 shares of the bank’s stock worth $578,000 after buying an additional 300 shares during the period. ProShare Advisors LLC raised its holdings in WaFd by 2.0% in the 4th quarter. ProShare Advisors LLC now owns 15,162 shares of the bank’s stock valued at $486,000 after acquiring an additional 304 shares during the period. Baron Wealth Management LLC lifted its position in WaFd by 3.8% during the first quarter. Baron Wealth Management LLC now owns 8,720 shares of the bank’s stock worth $274,000 after acquiring an additional 323 shares during the last quarter. Harbor Capital Advisors Inc. lifted its position in WaFd by 9.3% during the fourth quarter. Harbor Capital Advisors Inc. now owns 4,092 shares of the bank’s stock worth $131,000 after acquiring an additional 349 shares during the last quarter. Finally, Sanctuary Advisors LLC boosted its holdings in shares of WaFd by 3.8% during the fourth quarter. Sanctuary Advisors LLC now owns 9,539 shares of the bank’s stock worth $306,000 after acquiring an additional 350 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, EVP Kim E. Robison sold 22,000 shares of the stock in a transaction on Friday, April 24th. The shares were sold at an average price of $35.28, for a total transaction of $776,160.00. Following the completion of the transaction, the executive vice president owned 116,099 shares in the company, valued at approximately $4,095,972.72. This represents a 15.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.49% of the company’s stock.

WaFd Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 5th. Investors of record on Friday, May 22nd were issued a dividend of $0.27 per share. The ex-dividend date was Friday, May 22nd. This represents a $1.08 annualized dividend and a yield of 2.9%. WaFd’s dividend payout ratio is presently 35.29%.

WaFd Company Profile

(Get Free Report)

Washington Federal, Inc, doing business as WaFd Bank, is a publicly traded bank holding company headquartered in Seattle, Washington. Through its subsidiary, WaFd Bank, the company provides a range of banking and financial services to individuals, small-to-medium enterprises, and commercial clients. Established in 1917 as Ballard Savings & Loan in Seattle, the institution expanded over decades to serve customers across the Western United States under the Washington Federal name and has operated as a public company since the early 1980s.

WaFd Bank’s core offerings encompass deposit accounts such as checking, savings, money market, and certificates of deposit, alongside consumer and commercial lending products.