Equities Analysts Offer Predictions for WaFd Q3 Earnings

WaFd, Inc. (NASDAQ:WAFD) – Research analysts at Zacks Research lifted their Q3 2026 EPS estimates for shares of WaFd in a note issued to investors on Thursday, May 7th. Zacks Research analyst Team now anticipates that the bank will earn $0.81 per share for the quarter, up from their previous forecast of $0.76. Zacks Research has a “Strong-Buy” rating on the stock. The consensus estimate for WaFd’s current full-year earnings is $3.21 per share. Zacks Research also issued estimates for WaFd’s Q4 2026 earnings at $0.83 EPS, Q1 2027 earnings at $0.85 EPS, Q2 2027 earnings at $0.82 EPS, Q3 2027 earnings at $0.84 EPS, Q4 2027 earnings at $0.86 EPS, FY2027 earnings at $3.36 EPS and Q2 2028 earnings at $0.85 EPS.

WaFd (NASDAQ:WAFD) last posted its earnings results on Friday, April 17th. The bank reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.09. The company had revenue of $197.66 million during 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 in the prior year, the business posted $0.17 earnings per share.

Several other research analysts have also commented on WAFD. Royal Bank Of Canada set a $34.00 price objective on shares of WaFd in a report on Tuesday, January 20th. Wall Street Zen upgraded shares of WaFd from a “sell” rating to a “hold” rating in a research report on Sunday, February 8th. Keefe, Bruyette & Woods increased their price target on shares of WaFd from $35.00 to $38.00 and gave the stock a “market perform” rating in a research note on Monday, April 20th. Piper Sandler lifted their price objective on WaFd from $30.50 to $36.00 and gave the company a “neutral” rating in a research report on Monday, April 20th. Finally, Weiss Ratings upgraded WaFd from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.80.

WaFd Price Performance

Shares of WaFd stock opened at $35.67 on Friday. The business has a 50 day moving average of $32.61 and a 200 day moving average of $32.18. WaFd has a 52 week low of $26.31 and a 52 week high of $36.11. The company has a market cap of $2.64 billion, a PE ratio of 11.66 and a beta of 0.85. The company has a quick ratio of 0.95, a current ratio of 0.97 and a debt-to-equity ratio of 1.14.

Insider Transactions at WaFd

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

Hedge Funds Weigh In On WaFd

A number of hedge funds have recently added to or reduced their stakes in WAFD. Royal Bank of Canada boosted its stake in WaFd by 14.5% during the 1st quarter. Royal Bank of Canada now owns 22,011 shares of the bank’s stock valued at $629,000 after purchasing an additional 2,783 shares during the last quarter. AQR Capital Management LLC lifted its stake in WaFd by 271.2% during the 1st quarter. AQR Capital Management LLC now owns 30,794 shares of the bank’s stock valued at $867,000 after acquiring an additional 22,499 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of WaFd by 26.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 48,094 shares of the bank’s stock valued at $1,375,000 after acquiring an additional 10,092 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its stake in shares of WaFd by 9.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 246,467 shares of the bank’s stock worth $7,044,000 after acquiring an additional 20,865 shares during the period. Finally, Jane Street Group LLC grew its position in WaFd by 862.6% in the 1st quarter. Jane Street Group LLC now owns 69,306 shares of the bank’s stock worth $1,981,000 after purchasing an additional 62,106 shares during the period. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

About WaFd

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.