WaFd, Inc. (WAFD)

Over the past six months, WaFd's stock has increased by 11.27%, but underperformed in early 2025 due to disappointing fiscal Q1'25 results. The company's announcement in January 2025 to exit residential mortgage lending impacted the stock. The acquisition of Luther Burbank Corporation in March 2024 added approximately $7.7 billion in assets. WaFd also announced a quarterly dividend of $0.27, paid on December 5, 2025.

Demand for WaFd, Inc.'s products and services is influenced by economic conditions and interest rates. In April 2025, loan demand was described as "tepid" due to economic uncertainty and high interest rates. The company's decision to exit single-family residential mortgage lending in January 2025 was partly due to increasing commoditization and regulatory burden. The strategic shift towards commercial and industrial lending and small business banking aims to focus on higher-yield areas.

WaFd, Inc. is a bank holding company operating as WaFd Bank, providing financial services within the Finance sector. Founded in 1917, it offers deposit accounts, commercial and consumer loans, mortgage lending (exiting single-family residential in January 2025), home equity loans, commercial real estate loans, construction loans, business loans, insurance brokerage, real estate investment services, wealth management, and digital banking platforms. In January 2025, WaFd decided to exit single-family residential mortgage lending to focus on higher-yield commercial and industrial (C&I) lending and small business banking.

WaFd Bank has a significant market presence in the Western United States, operating approximately 210 branches across nine states: Washington, Oregon, Idaho, Utah, Arizona, Nevada, California, New Mexico, and Texas. The company expanded into California with the acquisition of Luther Burbank Corporation in March 2024.

WaFd Bank has a strong reputation for stability, integrity, and customer-centricity. In July 2023, the company announced achieving its highest Net Promoter Score (NPS) to date of 57. The company's strategic pivot to small business banking and commercial lending, including becoming a Preferred Lender with the U.S. Small Business Administration (SBA) in August 2025, is a move to deepen client relationships.

WaFd, Inc. has substantial institutional ownership, with 541 institutional owners holding 82,371,519 shares as of December 24, 2025, representing 81.92% to 83.71% of the stock. Major institutional shareholders include BlackRock, Inc., Vanguard Group Inc, and Dimensional Fund Advisors Lp. Insider activity shows more buying than selling in the past three months, with insiders purchasing $100,200.00 in company stock. Insiders own about 1.04% to 1.49% of the stock.