WAFD - NASDAQ

WaFd, Inc.

WAFD·NASDAQ

$34.56

-1.3%

Financial ServicesBanks - Regional

WaFd, Inc. engages in the provision of lending, depository, insurance, and other banking services to consumers. It also offers banking services to mid-sized to large businesses, and owners and developers of commercial real estate. The company was founded on November 15, 1994 and is headquartered in Seattle, WA.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$2.55B

EPS2.6400

P/E Ratio13.09

Earnings Date07/09/2026

236.95M

Operating Cash Flow

-46%

3Y-12.0%

5Y+42.0%

10Y+7.0%

-318.41M

Investing Cash Flow

-110%

3Y-87.0%

5Y-65.0%

10Y+143.0%

-1.64B

Financing Cash Flow

-29%

3Y-301.0%

5Y-181.0%

10Y-2271.0%

WaFd, Inc. Cash Conversion Engine

WAFD · NASDAQ

FCF Components

Net Income226.07M

Depreciation & Amortization9.72M

Stock-Based Compensation8.52M

Change in Working Capital-15.66M

Others8.30M

Capital Expenditures-28.71M

Free Cash Flow208.25M

Cash Flow Quality Analysis

FCF Conversion Rate

92.1%

Strong cash conversion. Most reported earnings translate into actual cash flow, suggesting solid fundamentals.

CapEx Intensity

12.1%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-49.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$15.66M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

WaFd, Inc. Cash Flow Statement

WAFD • NASDAQ

WaFd, Inc. Cash Flow Statement	Sep 2025	Sep 2024	Sep 2023	Sep 2022	Sep 2021	Sep 2020	Sep 2019	Sep 2018	Sep 2017	Sep 2016	Sep 2015	Sep 2014	Sep 2013	Sep 2012	Sep 2011	Sep 2010	Sep 2009	Sep 2008	Sep 2007	Sep 2006
OPERATING ACTIVITIES
Net Income	226.1M	200M	257.4M	236.3M	183.6M	173.4M	210.3M	203.9M	173.5M	164M	160.3M	157.4M	151.5M	138.2M	111.1M	118.7M	48.2M	62.3M	135M	143.1M
Depreciation & Amortization	9.7M	134.1M	23M	64.1M	33.9M	39.9M	31.1M	46.7M	41.7M	19.5M	17.9M	17.3M	15.8M	34.5M	32.8M	5.8M	5.2M	4.3M	4.1M	7.7M
Stock-Based Compensation	8.5M	9.2M	7.9M	6.8M	6.4M	6.5M	5.3M	4.8M	5.9M	3.6M	3.6M	324K	473K	848K	1.1M	1.2M	1.3M	1.3M	0.0	0.0
Other Non-Cash Items	8.3M	14.6M	39.5M	2.2M	515K	-5M	-14.1M	-7.7M	-13.5M	-24.6M	-28.4M	-15.4M	6.8M	47.2M	143.7M	266.5M	212.9M	138.5M	2.1M	1.5M
Cash Taxes Paid	(41.6M)	(20.3M)	(61.2M)	(35.1M)	(47.9M)	(35.6M)	(33.5M)	(44.3M)	(54.1M)	(68.5M)	(65.7M)	(64.4M)	(80.4M)	(59.6M)	(73.8M)	(27.5M)	(0.0)	(0.0)	(0.0)	(0.0)
Change in Working Capital	-15.7M	81.3M	-113.9M	-40.9M	90M	-48.2M	1.6M	-56.9M	-27.9M	59.2M	-10.5M	14.1M	6.9M	-45.7M	-27.1M	-141.3M	-83.3M	-44.1M	1.6M	-20.3M
Cash from Operating Activities	237M	439.2M	214M	268.5M	314.5M	166.6M	234.1M	190.7M	179.7M	221.7M	142.9M	173.7M	181.4M	175M	261.7M	250.9M	184.2M	162.2M	142.8M	132M
INVESTING ACTIVITIES
Investments in Property, Plant, and Equipment	-28.7M	-24.7M	-15.1M	-11.8M	-29.5M	-31.9M	-35.5M	-27.1M	-15.5M	-41.8M	-46.4M	-51.8M	-29.2M	-32M	-10.5M	-13M	-5.3M	-22.3M	-2.5M	-1.7M
Acquisitions, Net	-360K	(623.6M)	-2.6M	(0.0)	-1.5M	-2.8M	(0.0)	-2.2M	-3.4M	(0.0)	(0.0)	(1.8B)	(202.3M)	(50.6M)	(0.0)	(111.7M)	(0.0)	-166.9M	-35.2M	(0.0)
Purchase of Investments	-1.7B	-600.4M	-389M	-783.3M	-530.2M	-1.1B	-363.7M	-443.6M	-542.4M	-137.6M	-574.6M	-1.3B	-1.7B	-3.6B	-1.6B	-1.8B	-1.2B	-314M	-328.1M	-973.2M
Sale/Maturity of Investments	615.6M	605.3M	460.7M	610.5M	980M	1.1B	402.8M	386.8M	960.3M	807M	1.1B	713M	649.9M	3.9B	892.6M	1.6B	553.4M	327.1M	345M	217.7M
Other Investing Items	841.8M	2.7B	-1.4B	-2.3B	-998.6M	-875.7M	-424.9M	-588.3M	-943.5M	-758.7M	-798.2M	-376.4M	462.1M	755.5M	539.8M	411.3M	170.7M	-458M	-706.3M	-670.3M
Cash from Investing Activities	-318.4M	(3.3B)	-1.4B	-2.5B	-579.7M	-921M	-421.4M	-674.4M	-544.5M	-131.1M	-290.5M	(781M)	-391.9M	(1.1B)	-164M	(307.3M)	-456.5M	-634.8M	-727.1M	-1.4B
FINANCING ACTIVITIES
Net Issuance of Common Stock	-101.9M	-27.1M	-30.5M	-3.3M	-348.7M	-112.1M	-123.9M	-164.2M	-98.4M	-87.9M	-126.7M	-104.3M	-110.2M	-41.9M	-59.7M	0.0	0.0	8.3M	-1.5M	6.9M
Net Issuance of Debt	-1.5B	-1.9B	1.5B	405M	-993.8M	436.2M	-80M	105M	145M	250M	-110.6M	0.0	27.5M	-995.3M	100M	-339M	376.4M	555.5M	367M	485M
Cash Paid for Dividends	-99.3M	-88.9M	-78.4M	-76.2M	-72.3M	-66.5M	-63.3M	-56M	-74.5M	-49.9M	-51.1M	-42.1M	-37.8M	-32.4M	-25.7M	-22.5M	-24.2M	-73.7M	-72.5M	-70.7M
Share Repurchases	-101.9M	-27.1M	-30.5M	-3.3M	-348.7M	-112.1M	-123.9M	-164.2M	-98.4M	-87.9M	-126.7M	-104.3M	-110.2M	-41.9M	-59.7M	(0.0)	-200M	(0.0)	(0.0)	(0.0)
Other Financing Items	67M	-309.5M	44.5M	492.3M	1.8B	1.8B	605M	554.6M	255.4M	-36.6M	-61.8M	-230.1M	-216.9M	-224.2M	-125.2M	193.6M	335.9M	3.6M	306.9M	282.2M
Cash from Financing Activities	-1.6B	-2.3B	1.5B	817.9M	653.1M	2B	337.8M	439.3M	227.5M	75.7M	-350.2M	-376.5M	-337.4M	-1.3B	-170.3M	-167.9M	688.1M	493.8M	600M	703.4M
CASH FLOW SUMMARY
Net Change in Cash	-1.7B	1.4B	296.7M	-1.4B	387.8M	1.3B	150.5M	-44.4M	-137.3M	166.3M	-497.8M	578.3M	-547.9M	-64.6M	-72.6M	390.2M	415.8M	21.2M	15.7M	-592.1M
Cash at Beginning of Period	2.4B	980.6M	684M	2.1B	1.7B	419.2M	268.7M	313.1M	450.4M	284M	781.8M	203.6M	751.4M	816M	888.6M	498.4M	82.6M	61.4M	45.7M	637.8M
Cash at End of Period	657.3M	2.4B	980.6M	684M	2.1B	1.7B	419.2M	268.7M	313.1M	450.4M	284M	781.8M	203.6M	751.4M	816M	888.6M	498.4M	82.6M	61.4M	45.7M
Free Cash Flow	208.2M	414.6M	198.9M	256.7M	285M	134.7M	198.5M	163.6M	164.2M	180M	96.4M	121.9M	152.2M	142.9M	251.2M	237.9M	179M	139.9M	140.3M	130.3M

SEC Filings

WAFD - Filing history and reports

Filing Type	Filing Date	Period Ending	Fiscal Year	Actions
8-K 8-K 2026 N/A	May 12, 2026	May 12, 2026	2026	View Filing
8-K 8-K 2026 N/A	May 05, 2026	May 04, 2026	2026	View Filing
10-Q 10-Q 2026 Q1 Q1	May 05, 2026	March 31, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 17, 2026	April 16, 2026	2026	View Filing
8-K 8-K 2026 N/A	April 02, 2026	April 02, 2026	2026	View Filing
8-K 8-K 2026 N/A	March 02, 2026	February 27, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 23, 2026	February 23, 2026	2026	View Filing
8-K 8-K 2026 N/A	February 04, 2026	February 03, 2026	2026	View Filing
10-Q 10-Q 2025 Q4 Q4	February 04, 2026	December 31, 2025	2025	View Filing
8-K 8-K 2026 N/A	February 03, 2026	February 03, 2026	2026	View Filing

Showing 1 to 10 of 472 filings

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