WAFD INC's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Sep 30, 2025 · FY), WAFD INC reported net income of $226.1M (+13.0% year on year).
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Loans receivable | $1.1B | $1.2B | $900.1M | $601.6M |
| Mortgage-backed securities | $103.1M | $59.8M | $43.2M | $26.3M |
| Investment securities and cash equivalents | $116.4M | $146.1M | $99.7M | $38.4M |
| Total Income | $1.3B | $1.4B | $1.0B | $666.4M |
| Customer accounts | $604.7M | $532.4M | $237.2M | $43.0M |
| Borrowings, senior debt and junior subordinated debentures | $80.5M | $178.4M | $115.5M | $28.7M |
| Total interest expense | $685.2M | $710.9M | $352.7M | $71.8M |
| Net interest income | $654.2M | $660.8M | $690.2M | $594.6M |
| Provision for credit losses | $7.8M | $17.5M | $41.5M | — |
| Net interest income after provision | $646.5M | $643.3M | $648.7M | $591.6M |
| Gain on sale of investment securities | $20.0K | $342.0K | $33.0K | $99.0K |
| Gain (loss) on termination of hedging derivatives | $158.0K | $241.0K | ($867.0K) | $0 |
| Loan fee income | $6.9M | $2.7M | $3.9M | $7.2M |
| Deposit fee income | $29.6M | $27.5M | $26.1M | $25.9M |
| Other income | $34.5M | $29.9M | $23.1M | $33.2M |
| Total non-interest income | $71.2M | $60.7M | $52.2M | $66.4M |
| Compensation and benefits | $222.1M | $234.1M | $196.5M | $193.9M |
| Occupancy | $44.9M | $42.0M | $41.6M | $42.5M |
| FDIC insurance premiums | $20.2M | $28.9M | $20.0M | $9.5M |
| Product delivery | $25.9M | $24.0M | $21.0M | $19.5M |
| Information technology | $60.1M | $53.3M | $49.4M | $47.2M |
| Other expense | $54.2M | $65.9M | $47.5M | $45.9M |
| Total non-interest expense | $427.5M | $448.3M | $376.0M | $358.6M |
| Gain (loss) on real estate owned, net | ($627.0K) | $304.0K | $176.0K | $651.0K |
| Income before income taxes | $289.6M | $256.1M | $325.1M | $300.0M |
| Income tax expense | $63.6M | $56.0M | $67.7M | $63.7M |
| Net income | $226.1M | $200.0M | $257.4M | $236.3M |
| Dividends on preferred stock | $14.6M | $14.6M | $14.6M | $14.6M |
| Net income available to common shareholders | $211.4M | $185.4M | $242.8M | $221.7M |
| Basic earnings per share (in dollars per share) | $2.64 | $2.50 | $3.72 | $3.40 |
| Diluted earnings per share (in dollars per share) | $2.63 | $2.50 | $3.72 | $3.39 |
| Dividends paid on common stock per share (in dollars per share) | $1.07 | $1.03 | $0.99 | $0.95 |
| Basic weighted average number of common shares outstanding (in shares) | 80.2M | 74.2M | 65.2M | 65.3M |
| Diluted weighted average number of common shares outstanding (in shares) | 80.3M | 74.3M | 65.3M | 65.4M |
| Line item | Jun 30, 2026 · Q3 | Mar 31, 2026 · Q2 | Dec 31, 2025 · Q1 | Jun 30, 2025 · Q3 |
|---|---|---|---|---|
| Loans receivable | $267.2M | $262.1M | $264.2M | $279.5M |
| Mortgage-backed securities | $46.6M | $44.3M | $38.9M | $27.9M |
| Investment securities and cash equivalents | $18.3M | $18.2M | $19.4M | $24.4M |
| Total income | $332.1M | $324.7M | $322.5M | $331.7M |
| Customer accounts | $123.1M | $126.0M | $136.2M | $146.7M |
| Borrowings and junior subordinated debentures | $27.7M | $21.2M | $15.2M | $17.0M |
| Total interest expense | $150.8M | $147.2M | $151.4M | $163.7M |
| Net interest income | $181.3M | $177.6M | $171.1M | $168.0M |
| Provision for credit losses | $11.0M | $4.0M | $3.5M | $2.0M |
| Net interest income after provision | $170.3M | $173.6M | $167.6M | $166.0M |
| Gain on sale of investment securities | $112.0K | $0 | $0 | $0 |
| Gain (loss) on termination of hedging derivatives | ($12.0K) | $426.0K | $24.0K | $56.0K |
| Loan fee income | $2.2M | $2.2M | $1.4M | $1.6M |
| Deposit fee income | $8.1M | $7.7M | $7.9M | $7.6M |
| Other income | $13.8M | $9.5M | $11.0M | $9.0M |
| Total non-interest income | $24.2M | $19.8M | $20.3M | $18.3M |
| Compensation and benefits | $57.4M | $57.1M | $54.2M | $53.5M |
| Occupancy | $11.8M | $11.7M | $11.2M | $11.8M |
| FDIC insurance premiums | $5.5M | $5.0M | $5.4M | $5.2M |
| Product delivery | $7.1M | $7.1M | $6.6M | $6.6M |
| Information technology | $16.2M | $15.9M | $14.4M | $15.0M |
| Other expense | $12.3M | $12.9M | $14.0M | $12.3M |
| Total non-interest expense | $110.3M | $109.9M | $105.7M | $104.3M |
| Gain (loss) on real estate owned, net | $167.0K | $280.0K | $156.0K | ($176.0K) |
| Income before income taxes | $84.3M | $83.8M | $82.3M | $79.8M |
| Income tax expense | $18.2M | $18.3M | $18.1M | $17.8M |
| Net income | $66.1M | $65.5M | $64.2M | $62.0M |
| Dividends on preferred stock | $3.7M | $3.7M | $3.7M | $3.7M |
| Net income available to common shareholders | $62.5M | $61.9M | $60.5M | $58.3M |
| Basic earnings per common share (in dollars per share) | $0.85 | $0.82 | $0.79 | $0.73 |
| Diluted earnings per common share (in dollars per share) | $0.84 | $0.82 | $0.79 | $0.73 |
| Dividends paid on common stock per share (in dollars per share) | $0.27 | $0.27 | $0.27 | $0.27 |
| Basic weighted average shares outstanding (in shares) | 73.9M | 75.5M | 77.0M | 79.9M |
| Diluted weighted average shares outstanding (in shares) | 74.0M | 75.6M | 77.0M | 79.9M |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Cash and cash equivalents | $657.3M | $2.4B | $980.6M | $684.0M |
| Available-for-sale securities, at fair value | $3.5B | $2.6B | $2.0B | $2.1B |
| Held-to-maturity securities, at amortized cost | $645.8M | $437.0M | $423.6M | $463.3M |
| Loans receivable, net of allowance for loan losses of $199,720 and $203,753 | $20.1B | $20.9B | $17.5B | $16.1B |
| Interest receivable | $98.6M | $102.8M | $87.0M | $63.9M |
| Premises and equipment, net | $261.3M | $247.9M | $237.0M | $243.1M |
| Real estate owned | $11.1M | $4.6M | $4.1M | $6.7M |
| FHLB stock | $88.1M | $95.6M | $126.8M | — |
| Bank owned life insurance | $275.2M | $267.6M | $242.9M | $237.9M |
| Intangible assets, including goodwill of $414,722 and $411,360 | $442.1M | $448.4M | $310.6M | $309.0M |
| Federal and state income tax assets, net | $112.8M | $119.2M | $8.5M | $0 |
| Other assets | $485.7M | $467.0M | $581.8M | $504.7M |
| Total assets | $26.7B | $28.1B | $22.5B | $20.8B |
| Transaction deposit accounts | $12.3B | $11.8B | $10.8B | $12.7B |
| Time deposit accounts | $9.1B | $9.6B | $5.3B | $3.3B |
| Customer accounts | $21.4B | $21.4B | $16.1B | $16.0B |
| Borrowings | $1.8B | $3.3B | $3.6B | — |
| Junior subordinated debentures | $51.6M | $50.7M | — | — |
| Advance payments by borrowers for taxes and insurance | $59.8M | $61.3M | $52.5M | $50.1M |
| Accrued expenses and other liabilities | $345.4M | $306.4M | $275.4M | $289.9M |
| Total liabilities | $23.7B | $25.1B | $20.0B | $18.5B |
| Preferred stock, $1.00 par value, 5,000,000 shares authorized; 300,000 and 300,000 shares issued; 300,000 and 300,000 shares outstanding | 300.0M | 300.0M | 300.0M | 300.0M |
| Common stock, $1.00 par value, 300,000,000 shares authorized; 154,408,001 and 154,007,429 shares issued; 78,186,520 and 81,220,269 shares outstanding | 154.4M | 154.0M | 136.5M | 136.3M |
| Additional paid-in capital | $2.2B | $2.2B | $1.7B | $1.7B |
| Accumulated other comprehensive income, net of taxes | $57.0M | $55.9M | $46.9M | $52.5M |
| Treasury stock, at cost; 76,221,481 and 72,787,160 shares | -1.7B | -1.6B | -1.6B | — |
| Retained earnings | $2.1B | $2.0B | $1.9B | $1.7B |
| Total stockholders’ equity | $3.0B | $3.0B | $2.4B | $2.3B |
| Total liabilities and shareholders’ equity | $26.7B | $28.1B | $22.5B | $20.8B |
| Line item | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Jun 30, 2025 |
|---|---|---|---|---|
| Cash and cash equivalents | $676.5M | $669.8M | $734.9M | $809.3M |
| Available-for-sale securities, at fair value | $4.2B | $4.4B | $4.1B | $3.4B |
| Held-to-maturity securities, at amortized cost | $858.3M | $745.7M | $764.8M | $512.9M |
| Loans receivable, net of allowance for loan losses of $214,831 and $199,720 | $20.0B | $20.0B | $19.8B | $20.3B |
| Interest receivable | $99.1M | $98.9M | $97.7M | $99.2M |
| Premises and equipment, net | $291.6M | $294.0M | $270.6M | $254.4M |
| Real estate owned | $8.2M | $8.1M | $8.7M | $11.2M |
| FHLB stock | $155.4M | $146.4M | $118.2M | $95.9M |
| Bank owned life insurance | $281.1M | $279.1M | $277.1M | $273.2M |
| Intangible assets, including goodwill of $418,447 and $414,722 | $443.7M | $445.5M | $443.1M | $444.3M |
| Federal and state income tax assets | $110.6M | $106.1M | $102.4M | $120.1M |
| Other assets | $464.4M | $456.0M | $477.9M | $446.9M |
| Total assets | $27.6B | $27.6B | $27.3B | $26.7B |
| Transaction deposit accounts | $12.7B | $12.7B | $12.9B | $12.0B |
| Time deposit accounts | $8.2B | $8.4B | $8.6B | $9.4B |
| Total customer accounts | $20.9B | $21.1B | $21.4B | $21.4B |
| Borrowings | $3.3B | $3.1B | $2.4B | $1.9B |
| Junior subordinated debentures | $52.3M | $52.1M | $51.9M | $51.4M |
| Advance payments by borrowers for taxes and insurance | $36.1M | $45.4M | $20.7M | $33.7M |
| Federal and state income tax liabilities | $158.0K | $470.0K | $5.1M | — |
| Accrued expenses and other liabilities | $290.4M | $303.0M | $325.1M | $306.3M |
| Total liabilities | $24.6B | $24.6B | $24.3B | $23.7B |
| Preferred stock, $1.00 par value, 5,000,000 shares authorized; 300,000 and 300,000 shares issued; 300,000 and 300,000 shares outstanding | 300.0M | 300.0M | 300.0M | 300.0M |
| Common stock, $1.00 par value, 300,000,000 shares authorized; 154,862,525 and 154,408,001 shares issued; 73,954,133 and 78,186,520 shares outstanding | 154.9M | 154.8M | 154.6M | 154.4M |
| Additional paid-in capital | $2.2B | $2.2B | $2.2B | $2.2B |
| Accumulated other comprehensive income (loss), net of taxes | $48.1M | $55.1M | $61.9M | $41.5M |
| Treasury stock, at cost; 80,908,392 and 76,221,481 shares | -1.9B | -1.9B | -1.8B | -1.7B |
| Retained earnings | $2.2B | $2.2B | $2.1B | $2.1B |
| Total stockholders' equity | $3.0B | $3.0B | $3.0B | $3.0B |
| Total liabilities and shareholders' equity | $27.6B | $27.6B | $27.3B | $26.7B |
| Line item | Sep 30, 2025 · FY | Sep 30, 2024 · FY | Sep 30, 2023 · FY | Sep 30, 2022 · FY |
|---|---|---|---|---|
| Net income | $226.1M | $200.0M | $257.4M | $236.3M |
| Depreciation, amortization, accretion and other, net | $9.7M | $134.1M | $23.0M | $64.0M |
| Stock-based compensation expense | $8.5M | $9.2M | $7.9M | $6.8M |
| Provision (release) for credit losses | $7.8M | $17.5M | $41.5M | $3.0M |
| Loss (gain) on sale of investment securities | ($20.0K) | ($342.0K) | ($33.0K) | ($99.0K) |
| Gain on settlements of bank owned life insurance | $0 | $0 | ($821.0K) | ($1.4M) |
| Impairment loss on premises and equipment | $992.0K | $0 | $6.0K | $0 |
| Net realized (gain) loss on sales of premises, equipment and real estate owned | ($419.0K) | ($2.6M) | ($1.2M) | $655.0K |
| Decrease (increase) in accrued interest receivable | $4.2M | $9.9M | ($23.1M) | ($13.2M) |
| Decrease (increase) in federal and state income tax receivable | $6.1M | $18.8M | ($6.7M) | $3.9M |
| Decrease (increase) in cash surrender value of bank owned life insurance | ($7.5M) | ($6.9M) | ($6.0M) | ($5.5M) |
| Decrease (increase) in other assets | ($27.9M) | $148.0M | ($67.3M) | ($100.1M) |
| Increase (decrease) in federal and state income tax liabilities | $0 | $0 | ($3.3M) | $8.4M |
| Increase (decrease) in accrued expenses and other liabilities | $9.4M | ($88.4M) | ($7.4M) | $65.8M |
| Net cash provided by (used in) operating activities | $237.0M | $439.2M | $214.0M | $268.5M |
| Origination of loans and principal repayments, net | $973.3M | ($348.5M) | ($1.3B) | ($1.7B) |
| Loans purchased | ($143.6M) | $0 | ($80.0M) | ($576.7M) |
| FHLB & FRB stock purchase | ($496.5M) | ($602.9M) | ($654.8M) | ($293.8M) |
| FHLB & FRB stock redeemed | $504.1M | $670.0M | $623.1M | $301.6M |
| Available-for-sale securities purchased | ($1.5B) | ($549.2M) | ($376.5M) | ($587.9M) |
| Principal payments and maturities of available-for-sale securities | $561.8M | $386.6M | $420.2M | $510.2M |
| Proceeds from sales of available-for-sale investment securities | $797.0K | $182.7M | $1.2M | $5.0M |
| Held-to-maturity securities purchased | ($261.8M) | ($47.1M) | $0 | ($195.4M) |
| Principal payments and maturities of held-to-maturity securities | $53.0M | $36.0M | $39.4M | $95.3M |
| Proceeds from sales of real estate owned | $2.9M | $6.8M | $7.2M | $7.0M |
| Proceeds from settlements of bank owned life insurance | $0 | $0 | $1.8M | $2.3M |
| Equity method investments purchased | ($2.9M) | ($4.2M) | — | — |
| Net cash received (paid) in business combinations | ($360.0K) | $623.6M | ($2.6M) | $0 |
| Proceeds from sales of loans | $0 | $3.0B | — | — |
| Proceeds from sales of premises and equipment | $1.7M | $1.3M | $1.1M | $41.0K |
| Premises and equipment purchased and REO improvements | ($28.7M) | ($24.7M) | ($15.1M) | ($11.8M) |
| Net cash provided by (used in) investing activities | ($318.4M) | $3.3B | ($1.4B) | ($2.5B) |
| Net increase (decrease) in customer accounts | $63.7M | ($324.5M) | $40.8M | $487.5M |
| Proceeds from borrowings | $11.0B | $17.0B | $17.2B | $7.3B |
| Repayments of borrowings | ($12.5B) | ($18.8B) | ($15.7B) | ($6.9B) |
| Principal payments and maturities of senior debt | $0 | ($95.0M) | — | — |
| Proceeds from stock-based awards | 3.9M | 5.2M | 1.1M | 1.8M |
| Dividends paid on common stock | ($84.6M) | ($74.3M) | ($63.8M) | ($61.6M) |
| Dividends paid on preferred stock | ($14.6M) | ($14.6M) | ($14.6M) | ($14.6M) |
| Proceeds from employee stock purchase | $842.0K | $992.0K | $177.0K | — |
| Treasury stock purchased | ($101.9M) | ($27.1M) | ($30.5M) | ($3.3M) |
| Increase (decrease) in advance payments by borrowers for taxes and insurance | ($1.5M) | $8.8M | $2.5M | $3.0M |
| Net cash provided by (used by) financing activities | ($1.6B) | ($2.3B) | $1.5B | $817.9M |
| Increase (decrease) in cash and cash equivalents | ($1.7B) | $1.4B | $296.7M | ($1.4B) |
| Cash and cash equivalents at beginning of year | $2.4B | $980.6M | $684.0M | $2.1B |
| Line item | Jun 30, 2026 · YTD | Mar 31, 2026 · YTD | Dec 31, 2025 · Q1 | Jun 30, 2025 · YTD |
|---|---|---|---|---|
| Net income | $195.9M | $129.7M | $64.2M | $165.5M |
| Depreciation, amortization, accretion and other, net | $13.1M | $7.0M | ($1.6M) | $11.0M |
| Stock-based compensation expense | $7.9M | $5.5M | $2.0M | $6.5M |
| Provision (release) for credit losses | $18.5M | $7.5M | $3.5M | $4.8M |
| Loss (gain) on sale of investment securities | ($112.0K) | $0 | $0 | ($20.0K) |
| Net realized (gain) loss on sales of premises, equipment, and real estate owned | ($7.5M) | ($3.9M) | ($3.8M) | ($602.0K) |
| Impairment loss on premises and equipment | $0 | $0 | $0 | $38.0K |
| Decrease (increase) in accrued interest receivable | ($531.0K) | ($267.0K) | $939.0K | $3.6M |
| Decrease (increase) in federal and state income tax receivable | $4.9M | $7.3M | $8.9M | $3.6M |
| Decrease (increase) in cash surrender value of bank owned life insurance | ($6.0M) | ($3.9M) | ($2.0M) | ($5.6M) |
| Decrease (increase) in other assets | $57.0M | $44.9M | $8.1M | $11.6M |
| Increase (decrease) in federal and state income tax liabilities | $158.0K | $470.0K | $5.1M | — |
| Increase (decrease) in accrued expenses and other liabilities | ($73.1M) | ($54.5M) | ($25.0M) | ($20.7M) |
| Net cash provided by (used in) operating activities | $210.1M | $139.9M | $60.5M | $179.6M |
| Origination of loans and principal repayments, net | $39.7M | $105.2M | $253.3M | $778.6M |
| Loans purchased | ($10.2M) | ($10.2M) | ($10.2M) | ($140.3M) |
| FHLB stock purchased | ($550.7M) | ($362.8M) | ($177.1M) | ($355.9M) |
| FHLB stock redeemed | $483.4M | $304.5M | $147.0M | $355.6M |
| Available-for-sale securities purchased | ($1.2B) | ($1.1B) | ($724.7M) | ($1.2B) |
| Principal payments and maturities of available-for-sale securities | $408.0M | $247.5M | $128.4M | $412.6M |
| Proceeds from sales of available-for-sale securities | $77.2M | $0 | $0 | $797.0K |
| Held-to-maturity securities purchased | ($278.4M) | ($141.1M) | ($141.3M) | ($114.2M) |
| Principal payments and maturities of held-to-maturity securities | $66.4M | $41.4M | $22.4M | $38.3M |
| Proceeds from sales of real estate owned | $5.6M | $3.9M | $3.0M | $2.9M |
| Equity method investments purchased | ($1.0M) | $0 | $0 | ($3.6M) |
| Net cash received (paid) in business combinations | ($5.4M) | ($5.4M) | ($2.0M) | ($360.0K) |
| Proceeds from sales of premises and equipment | $11.1M | $3.8M | $6.0K | $1.7M |
| Premises and equipment purchased and REO improvements | ($28.8M) | ($21.9M) | ($10.4M) | ($16.9M) |
| Net cash provided by (used in) investing activities | ($944.8M) | ($902.7M) | ($511.7M) | ($259.7M) |
| Net increase (decrease) in customer accounts | ($505.6M) | ($313.5M) | ($20.7M) | $12.6M |
| Proceeds from borrowings | $12.2B | $8.0B | $3.9B | $7.9B |
| Repayments of borrowings | ($10.7B) | ($6.7B) | ($3.2B) | ($9.2B) |
| Proceeds from stock-based awards | 4.2M | 963.0K | 488.0K | 3.6M |
| Dividends paid on common stock | ($60.2M) | ($40.5M) | ($20.4M) | ($63.8M) |
| Dividends paid on preferred stock | ($11.0M) | ($7.3M) | ($3.7M) | ($11.0M) |
| Proceeds from employee stock purchases | $598.0K | $437.0K | $184.0K | $658.0K |
| Treasury stock purchased | ($145.5M) | ($145.2M) | ($58.0M) | ($73.1M) |
| Increase (decrease) in advances payments by borrowers for taxes and insurance | ($23.8M) | ($14.5M) | ($39.2M) | ($27.6M) |
| Net cash provided by (used in) financing activities | $753.8M | $775.4M | $528.8M | ($1.5B) |
| Increase (decrease) in cash and cash equivalents | $19.2M | $12.5M | $77.6M | ($1.6B) |
| Cash, cash equivalents and restricted cash at beginning of period | $657.3M | $657.3M | $657.3M | $2.4B |
| Cash, cash equivalents and restricted cash at end of period | $676.5M | $669.8M | $734.9M | $809.3M |
| Real estate acquired through foreclosure | $21.2M | $20.6M | $7.0K | $5.6M |
| Accounts payable related to subsidiary assets and intangibles acquired | $2.0M | $2.0M | — | — |
| Preferred stock dividend payable | $3.7M | $3.7M | $3.7M | $3.7M |
WAFD INC score and earnings-call analysis · All covered companies
Figures as reported in SEC filings. General information, not investment advice.