CharterBench

WaFd Bank

BankStateSeattle, WA·Est. 1917·www.wafdbank.com·FDIC #28088Compare ⇄
Total assets
$27.58B
+3.2% YoY
Deposits
$21.05B
-2.1% YoY
Loans
$20.02B
-1.3% YoY
Offices
213
WAFD INC
ROA (annualized)
0.99%
peers 1.23%
ROE (annualized)
8.98%
peers 11.23%

Peer comparison 160 banks with 10B+ in assets

MetricWaFd BankPeer medianΔ
Asset growth (YoY)+3.2%+5.9%-2.7 pts
Deposit growth (YoY)-2.1%+5.7%-7.8 pts
Loan growth (YoY)-1.3%+6.9%-8.2 pts
ROA0.99%1.23%-0.2 pts
ROE9.0%11.2%-2.3 pts

ROA ranks in the 25th percentile of its peer group · Q2 2026

Profile

Established
1917
Charter
State
Primary regulator
FDIC
Holding company
WAFD INC
Specialization
Commercial Lending Specialization
Address
425 Pike St, Seattle, WA, 98101
County
King
Metro area
Seattle-Tacoma-Bellevue, WA
Offices
213
FDIC cert #
28088
RSSD ID
656377
Latest call report
Q2 2026

Total assets last 8 quarters

Q3 2024 → Q2 2026

Deposits last 8 quarters

Q3 2024 → Q2 2026

Quarterly financials FDIC call report

QuarterAssetsDepositsLoansEquityNet income YTDROANIMNonperforming
Q2 2026$27.58B$21.05B$20.02B$3.03B$135.9M0.99%2.87%0.49%
Q1 2026$27.55B$21.24B$19.97B$3.00B$67.9M0.99%2.84%0.48%
Q4 2025$27.27B$21.51B$19.85B$3.06B$248.7M0.91%2.70%0.73%
Q3 2025$26.68B$21.58B$20.09B$3.04B$182.2M0.89%2.68%0.52%
Q2 2025$26.72B$21.51B$20.28B$3.03B$121.5M0.89%2.64%0.35%
Q1 2025$27.63B$21.59B$20.93B$3.02B$58.2M0.84%2.55%0.24%
Q4 2024$27.67B$21.57B$21.07B$3.01B$199.2M0.73%2.65%0.27%
Q3 2024$28.05B$21.52B$20.92B$3.01B$149.3M0.73%2.72%0.26%

Loan mix (Q2 2026): real estate $17.82B · commercial $2.21B · consumer $52.7M · securities $5.05B

Ratio pack Q2 2026 · peer medians from 160 institutions

Profitability
RatioWaFd BankTrend (8q)Peer medianPeer percentile
Return on assets
Annualized net income ÷ assets
0.99%Q3 2024 → Q2 20261.23%
25th
Return on equity
Annualized net income ÷ equity or net worth
9.0%Q3 2024 → Q2 202611.3%
26th
Net interest margin
Interest income − interest expense, ÷ assets
2.87%Q3 2024 → Q2 20263.55%
21th
Efficiency ratio
Operating expense ÷ revenue — lower is leaner
52.6%Q3 2024 → Q2 202654.9%
40th
Non-interest income share
Fees and other income as a share of total revenue
00.0%
00.0%
Cost of funds
Annualized interest expense ÷ deposits
00.0%
00.0%
Balance sheet
RatioWaFd BankTrend (8q)Peer medianPeer percentile
Loan-to-deposit
Loans ÷ deposits (shares). Above ~90% needs funding; below ~60% needs loan demand
00.0%
00.0%
Loans-to-assets
How much of the balance sheet is lent out
00.0%
00.0%
Securities-to-assets
Investment portfolio as a share of assets
00.0%
00.0%
Cash-to-assets
On-balance-sheet liquidity
00.0%
00.0%
Capital
RatioWaFd BankTrend (8q)Peer medianPeer percentile
Capital ratio
Tier 1 capital (banks) or net worth (CUs) ÷ assets. NCUA well-capitalized line: 7%
00.0%
00.0%
Credit quality
RatioWaFd BankTrend (8q)Peer medianPeer percentile
Nonperforming / delinquency
Banks: nonperforming assets ÷ assets. CUs: 60+ day delinquent loans ÷ loans
00.0%
00.0%
Net charge-off rate
Annualized charge-offs net of recoveries ÷ loans
00.0%
00.0%
CRE concentration
Commercial real estate loans ÷ capital. Regulators flag banks above 300%
00.0%
00.0%
Franchise
RatioWaFd BankTrend (8q)Peer medianPeer percentile
Assets per office
Branch efficiency; high numbers usually mean digital-first
00.0%
00.0%
11 more ratios, with trends and peer percentiles.

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