Lender WaFd's Q4 interest income rises on lower cost of deposits

WaFd

16/10/2025 22:21

Overview

WaFd Inc Q4 net income decreases 2% compared to prior quarter

Net interest income for Q4 rises to $169.9 mln

Company repurchased 969,653 shares at $29.74 per share

Result Drivers

LOAN ORIGINATIONS - Co reports 103% increase in new loan originations over Q3, signaling increased client activity

BUSINESS MODEL SHIFT - Co shifted focus from mortgage lending to business solutions, improving deposit mix

IMPROVED MARGIN - Net interest margin increased to 2.71% due to decreasing cost of deposits and borrowings

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 EPS
$0.72
Q4 Net Interest Income
$169.90 mln
Q4 Net Interest Margin
2.71%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy."

Wall Street's median 12-month price target for WaFd Inc is $32.50, about 11.1% above its October 15 closing price of $28.89

The stock recently traded at 9 times the next 12-month earnings vs. a P/E of 10 three months ago

Press Release: ID:nBwbP1rrva

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)