Washington Federal (WaFd) Bank has released its investor presentation for the quarter ended June 30, 2025, showcasing its performance and key metrics. Here are some of the notable changes and figures:
Total Assets: $26.7 billion Total Loans HFI: $20.3 billion Total Deposits: $21.4 billion Stockholder Equity: $3.0 billion Efficiency Ratio: 56.0% Adjusted Efficiency Ratio: 56.0%
The bank has maintained profitability every year since 1965 and has demonstrated a strong commitment to shareholder returns, with 169 consecutive quarterly cash dividends and a total shareholder return of 13,907% since its IPO.
In terms of geographic overview, WaFd Bank operates 208 branches across 9 western states, with Washington, California, and Oregon being the top markets in terms of company deposits and deposit market share.
The bank's loan growth has slowed, with net loan growth affected by principal repayments outpacing originations. Commercial loans have constituted a greater portion of all originations over time.
WaFd Bank has emphasized its commitment to environmental, social, and governance (ESG) principles, with significant investments in community development and a strong focus on diversity within its board and management.
The bank has maintained a strong allowance for credit losses (ACL) while keeping non-performing assets (NPAs) low, with ACL amounting to $199 million representing 205% of total NPAs.
WaFd Bank's net loan portfolio is diversified, with a focus on high-quality securities and a significant cash and investment portfolio of $4.7 billion.
Deposit trends indicate a shift away from time deposits in favor of transaction accounts, with checking accounts now making up 34% of all deposits.
As a result of these announcements, the company's shares have moved 5.17% on the market, and are now trading at a price of $31.73. For the full picture, make sure to review WAFD INC's 8-K report.
