WaFd, Inc. (WAFD) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Net Interest Income | 177.57M | 171.11M | 169.91M | 167.99M | 160.91M | 155.43M | 172.81M | 177.19M | 158.6M | 152.24M | 163.7M | 168.7M | 175.04M | 182.8M | 173.62M | 151.75M | 135.09M | 134.14M | 131.96M | 128.6M |
| NII Growth % | 10.35% | 10.09% | -1.68% | -5.19% | 1.46% | 2.1% | 5.57% | 5.03% | -9.39% | -16.72% | -5.71% | 11.17% | 29.57% | 36.28% | 31.57% | 17.99% | 8.91% | 11.3% | 14.91% | 9.56% |
| Net Interest Margin % | 0.64% | 0.63% | 0.64% | 0.63% | 0.58% | 0.56% | 0.62% | 0.62% | 0.53% | 0.67% | 0.73% | 0.75% | 0.78% | 0.84% | 0.84% | 0.75% | 0.66% | 0.67% | 0.67% | 0.65% |
| Interest Income | 324.73M | 322.5M | 326.53M | 331.71M | 336.08M | 345.12M | 374.1M | 391.94M | 318.83M | 286.85M | 281.71M | 272.48M | 255.35M | 233.42M | 197.93M | 167.15M | 150.84M | 150.44M | 149.59M | 147.45M |
| Interest Expense | 147.16M | 151.38M | 156.63M | 163.73M | 175.17M | 189.69M | 201.28M | 214.75M | 160.23M | 134.61M | 118.01M | 103.78M | 80.31M | 50.62M | 24.31M | 15.4M | 15.75M | 16.3M | 17.63M | 18.84M |
| Loan Loss Provision | 4M | 3.5M | 3M | 2M | 2.75M | 0 | 0 | 1.5M | 16M | 0 | 26.5M | 9M | 3.5M | 2.5M | 1.5M | 1.5M | -500K | 500K | -500K | -2M |
| Non-Interest Income | 20.09M | 20.41M | 17.71M | 18.27M | 18.62M | 16.13M | 15.72M | 17.13M | 12.08M | 15.99M | 14.1M | 14.49M | 9.87M | 13.91M | 13.99M | 18M | 15.79M | 19.24M | 20M | 13.06M |
| Non-Interest Income % | 5.83% | 5.95% | 5.14% | 5.22% | 5.25% | 4.47% | 4.03% | 4.19% | 3.65% | 5.28% | 4.77% | 5.05% | 3.72% | 5.62% | 6.6% | 9.72% | 9.48% | 11.34% | 11.79% | 8.14% |
| Total Revenue | 344.83M | 342.91M | 344.24M | 349.99M | 354.7M | 361.25M | 389.82M | 409.07M | 330.9M | 302.84M | 295.81M | 286.97M | 265.22M | 247.33M | 211.93M | 185.15M | 166.63M | 169.68M | 169.58M | 160.51M |
| Revenue Growth % | -2.78% | -5.08% | -11.69% | -14.44% | 7.19% | 19.29% | 31.78% | 42.55% | 24.77% | 22.44% | 39.58% | 55% | 59.17% | 45.76% | 24.97% | 15.35% | 3.32% | 5.23% | 6.46% | -1.39% |
| Non-Interest Expense | 109.86M | 105.72M | 106.99M | 104.33M | 104.83M | 111.31M | 107.94M | 110.08M | 133.71M | 96.54M | 92.18M | 94.7M | 96.88M | 92.28M | 93.14M | 87.4M | 88.42M | 89.61M | 85.66M | 83.64M |
| Efficiency Ratio | 31.86% | 30.83% | 31.08% | 29.81% | 29.56% | 30.81% | 27.69% | 26.91% | 40.41% | 31.88% | 31.16% | 33% | 36.53% | 37.31% | 43.95% | 47.21% | 53.06% | 52.81% | 50.51% | 52.11% |
| Operating Income | 83.81M | 82.3M | 77.62M | 79.76M | 72.01M | 60.25M | 80.67M | 82.74M | 20.96M | 71.69M | 59.12M | 79.49M | 84.53M | 101.93M | 92.97M | 80.84M | 62.96M | 63.27M | 66.79M | 60.02M |
| Operating Margin % | 24.3% | 24% | 22.55% | 22.79% | 20.3% | 16.68% | 20.69% | 20.23% | 6.33% | 23.67% | 19.99% | 27.7% | 31.87% | 41.21% | 43.87% | 43.66% | 37.78% | 37.28% | 39.38% | 37.4% |
| Operating Income Growth % | 16.38% | 36.6% | -3.77% | -3.6% | 243.53% | -15.96% | 36.45% | 4.08% | -75.2% | -29.67% | -36.41% | -1.67% | 34.26% | 61.12% | 39.2% | 34.68% | 10.85% | 27.75% | 57.76% | 35.47% |
| Pretax Income | 83.81M | 82.3M | 77.62M | 79.76M | 72.01M | 60.25M | 80.67M | 82.74M | 20.96M | 71.69M | 59.12M | 79.49M | 84.53M | 101.93M | 92.97M | 80.84M | 62.96M | 63.27M | 66.79M | 60.02M |
| Pretax Margin % | 24.3% | 24% | 22.55% | 22.79% | 20.3% | 16.68% | 20.69% | 20.23% | 6.33% | 23.67% | 19.99% | 27.7% | 31.87% | 41.21% | 43.87% | 43.66% | 37.78% | 37.28% | 39.38% | 37.4% |
| Income Tax | 18.26M | 18.11M | 17.03M | 17.81M | 15.76M | 12.98M | 19.53M | 18.18M | 5.07M | 13.24M | 8.91M | 17.72M | 18.6M | 22.42M | 19.58M | 17.55M | 13.6M | 12.98M | 14.42M | 12.6M |
| Effective Tax Rate % | 21.79% | 22% | 21.93% | 22.33% | 21.88% | 21.55% | 24.21% | 21.97% | 24.21% | 18.46% | 15.07% | 22.29% | 22% | 22% | 21.06% | 21.7% | 21.6% | 20.52% | 21.59% | 21% |
| Net Income | 65.55M | 64.2M | 60.6M | 61.95M | 56.25M | 47.27M | 61.14M | 64.56M | 15.89M | 58.45M | 50.21M | 61.77M | 65.93M | 79.51M | 73.39M | 63.3M | 49.36M | 50.28M | 52.37M | 47.42M |
| Net Margin % | 19.01% | 18.72% | 17.6% | 17.7% | 15.86% | 13.08% | 15.68% | 15.78% | 4.8% | 19.3% | 16.97% | 21.53% | 24.86% | 32.15% | 34.63% | 34.19% | 29.62% | 29.63% | 30.88% | 29.54% |
| Net Income Growth % | 16.53% | 35.82% | -0.89% | -4.04% | 254.05% | -19.14% | 21.77% | 4.51% | -75.9% | -26.48% | -31.59% | -2.4% | 33.58% | 58.13% | 40.14% | 33.47% | 10% | 29.09% | 52.49% | 36.07% |
| Net Income (Continuing) | 65.55M | 64.2M | 60.6M | 61.95M | 56.25M | 47.27M | 61.14M | 64.56M | 15.89M | 58.45M | 50.21M | 61.77M | 65.93M | 79.51M | 73.39M | 63.3M | 49.36M | 50.28M | 52.37M | 47.42M |
| EPS (Diluted) | 0.87 | 0.79 | 0.72 | 0.73 | 0.65 | 0.54 | 0.71 | 0.75 | 0.17 | 0.85 | 0.72 | 0.89 | 0.95 | 1.16 | 1.07 | 0.91 | 0.70 | 0.71 | 0.72 | 0.61 |
| EPS Growth % | 33.85% | 46.3% | 1.41% | -2.67% | 282.35% | -36.47% | -1.39% | -15.73% | -82.11% | -26.72% | -32.71% | -2.2% | 35.71% | 63.38% | 48.61% | 49.18% | 25% | 39.22% | 60% | 32.61% |
| EPS (Basic) | 0.87 | 0.79 | 0.73 | 0.73 | 0.65 | 0.54 | 0.71 | 0.75 | 0.17 | 0.85 | 0.72 | 0.89 | 0.95 | 1.16 | 1.07 | 0.91 | 0.70 | 0.72 | 0.72 | 0.61 |
| Diluted Shares Outstanding | 75.57M | 77.02M | 78.56M | 79.91M | 81.11M | 81.4M | 81.35M | 81.39M | 70.17M | 64.31M | 64.74M | 65.21M | 65.55M | 65.43M | 65.42M | 65.4M | 65.44M | 65.35M | 67.24M | 71.9M |