WaFd Inc
Research WaFd Inc (WAFD) on Bullrun: valuation model: 1.3% undervalued, market cap USD 2.68B, P/E 11.4, dividend yield 3.0%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerWAFD
- ExchangeNASDAQ
- CountryUnited States
- SectorFinancial Services
- IndustryBanks-Regional
- CurrencyUSD
- Valuation signal1.3% undervalued
- Market capUSD 2.68B
- P/E11.4
- Dividend yield3.0%
- Financial periodQ2 2026
- RevenueUSD 205.68M
- Net incomeUSD 66.13M
- Free cash flowUSD 63.36M
Valuation Snapshot
Bullrun's latest valuation model marks WaFd Inc as 1.3% undervalued; latest market cap is USD 2.68B; P/E is 11.4; dividend yield is 3.0%.
Peer valuation comparison
Latest P/E is 11.41x versus a Financial Services sector median of 13.84x (17.5% below).
Latest dividend yield is 2.99% versus a Financial Services sector median of 3.86% (22.4% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 29.65M | USD 226.07M | USD 208.25M | n/a | 2.63 | USD 657.31M | USD 2.49B | USD 3.04B |
| FY2024 | USD 27.51M | USD 200.04M | USD 414.55M | n/a | 2.5 | USD 2.38B | USD 2.91B | USD 3.00B |
| FY2023 | USD 26.05M | USD 257.43M | USD 198.89M | n/a | 3.72 | USD 980.65M | USD 3.88B | USD 2.43B |
| FY2022 | USD 25.94M | USD 236.33M | USD 256.68M | n/a | 3.39 | USD 683.97M | USD 1.70B | USD 2.27B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 2.68B | 11.4 | 3.0% | 1.08 |
| 2025 | 2025-12-31 | USD 2.45B | 11.1 | 3.4% | 1.08 |
| 2024 | 2024-12-31 | USD 2.62B | 14.9 | 3.2% | 1.04 |
| 2023 | 2023-12-29 | USD 2.12B | 8.9 | 3.0% | 1 |
| 2022 | 2022-12-30 | USD 2.19B | 9.9 | 2.9% | 0.96 |
| 2021 | 2021-12-31 | USD 2.18B | 12.8 | 2.8% | 0.92 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.08 USD, yield 3.0%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.07 USD |
| FY2024 | 1.03 USD |
| FY2023 | 0.99 USD |
| FY2022 | 0.95 USD |
About WaFd Inc
WaFd, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company provides deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts.
Related stock research
Other Financial Services stocks
Frequently asked questions
Is WaFd Inc overvalued or undervalued?
Bullrun's valuation model currently marks WaFd Inc as 1.3% undervalued.
What is WaFd Inc's market cap?
WaFd Inc's market capitalization is USD 2.68B.
What is WaFd Inc's P/E ratio?
WaFd Inc's price-to-earnings (P/E) ratio is 11.4.
Does WaFd Inc pay a dividend?
WaFd Inc has a dividend yield of 3.0%.
What does WaFd Inc do?
WaFd, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company provides deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It offers single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, as well as commercial and industrial loans.