AI brief of an SEC Form 8-K · WaFd (WAFD)

WaFd Q1 EPS Rises to $0.79 as Net Income Climbs 36% From a Year Earlier

Positive Impact 3 of 5 earnings Written later

WaFd, Inc. reported net income of $64.2 million, or $0.79 per diluted common share, for the quarter ended December 31, 2025, up from $0.72 in the prior quarter and $0.54 a year earlier. Non-performing assets and delinquencies also rose, and the company recorded a $3.5 million provision for credit losses, so shareholders face higher credit-quality risk alongside the earnings gain.

Key points

  • Net income of $64.2 million, up 6% from $60.6 million in the prior quarter and 36% from $47.3 million a year earlier
  • Diluted EPS of $0.79, compared with $0.72 in the prior quarter and $0.54 a year earlier
  • Non-performing assets rose to $203 million, or 0.75% of total assets, from $143 million, or 0.54%, at September 30, 2025
  • Company repurchased 1,950,013 shares at a weighted average price of $29.75 during the quarter

The filing

CompanyWaFd (WAFD)
Form8-K, current report
Filed with the SECJan 16, 2026, 11:49 AM ET
Accession number0000936528-26-000011

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 16, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.