WaFd Stock Price, News & Analysis
Company Description
WaFd, Inc. Depositary Shares (trading under the symbol WAFDP) represent an interest in preferred stock issued by WaFd, Inc. WaFd, Inc. is the parent company of Washington Federal Bank, which does business as WaFd Bank. The company is incorporated in the state of Washington and is associated with the national commercial banking sector.
Through WaFd Bank, WaFd, Inc. is engaged in providing lending, depository, insurance, and other banking services. According to available information, the bank accepts deposits from the general public and invests these funds in loans of various types. These include first-lien mortgages on single-family dwellings, construction loans, and land acquisition and development loans, among others. In addition to its lending activities, the bank invests in certain United States government and agency obligations and other investments, and it also performs insurance brokerage activities.
The activities of WaFd, Inc. and WaFd Bank place the organization within the national commercial banks sector. The business model centers on gathering deposits and using those funds to support a range of lending and investment activities, while also offering insurance-related services. The depositor and borrower base includes consumers, mid-sized to large businesses, and owners and developers of commercial real estate, as described in the available company information.
Geographically, WaFd, Inc. reports that it operates in multiple U.S. states. These include Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California, and Texas. This regional footprint reflects a focus on serving customers across the western United States and parts of the Southwest through its banking and related financial services.
From a regulatory perspective, WaFd, Inc. is subject to oversight by federal agencies. In a Form 8-K filing, the company reported that the Consumer Financial Protection Bureau (CFPB) had previously entered into consent orders related to the bank’s Home Mortgage Disclosure Act (HMDA) program. The same filing notes that, effective September 18, 2025, the CFPB terminated consent orders that had been in place since October 9, 2013 and October 27, 2020. This indicates that the specific HMDA-related consent orders referenced in the filing are no longer in effect.
Because WAFDP represents depositary shares tied to preferred stock of WaFd, Inc., it is structurally linked to the broader financial condition and operations of the company and its banking subsidiary. However, the available information primarily describes the underlying banking activities of WaFd, Inc. and WaFd Bank rather than specific terms of the depositary shares themselves.
Business activities
According to the company description, WaFd, Inc. and its banking subsidiary focus on:
- Accepting deposits from the general public.
- Investing deposit funds in various loan types, including first-lien mortgages on single-family dwellings, construction loans, and land acquisition and development loans.
- Investing in certain United States government and agency obligations and other investments.
- Performing insurance brokerage activities.
These activities place WaFd, Inc. within the traditional commercial banking model, supplemented by insurance brokerage and investment activities described in the available data.
Geographic footprint
The company reports operations in several U.S. states. Based on the available description, WaFd, Inc. operates in:
- Washington
- Oregon
- Idaho
- Arizona
- Utah
- Nevada
- New Mexico
- California
- Texas
This regional presence supports lending, deposit-taking, and related financial services across these markets.
Regulatory context
In an 8-K filing, WaFd, Inc. disclosed that the CFPB notified Washington Federal Bank, dba WaFd Bank, that, effective September 18, 2025, the CFPB had terminated consent orders dated October 9, 2013 and October 27, 2020. Both consent orders related to the bank’s Home Mortgage Disclosure Act program. The filing identifies this as an "Other Events" item, indicating it is a material regulatory development for the company and its banking subsidiary.
Relationship between WAFDP and WaFd, Inc.
WAFDP refers to depositary shares representing an interest in preferred stock of WaFd, Inc. While the underlying preferred stock terms are not detailed in the provided materials, the value and characteristics of WAFDP are tied to the financial and regulatory profile of WaFd, Inc. and its banking operations as described in the available information.
Key points for investors and observers
- WaFd, Inc. is associated with the national commercial banks sector and operates through Washington Federal Bank, dba WaFd Bank.
- The company’s activities include deposit-taking, various forms of lending, investment in U.S. government and agency obligations, other investments, and insurance brokerage activities.
- Its geographic footprint spans multiple western and southwestern U.S. states, including Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California, and Texas.
- The CFPB has terminated prior consent orders related to the bank’s Home Mortgage Disclosure Act program, as disclosed in a Form 8-K filing.
All of the information above is based on the company description and the referenced SEC filing, and does not include details beyond those sources.
Stock Performance
WaFd (WAFDP) stock last traded at $16.34, up 0.06% from the previous close. Over the past 12 months, the stock has gained 0.6%.
Latest News
SEC Filings
WaFd has filed 5 recent SEC filings, including 2 Form 8-K, 1 Form 3, 1 Form 4, 1 Form 3/A. The most recent filing was submitted on March 12, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all WAFDP SEC filings →
Financial Highlights
WaFd generated $29.6M in revenue over the trailing twelve months, and net income was $226.1M, reflecting a 762.5% net profit margin. Diluted earnings per share stood at $2.63. The company generated $237.0M in operating cash flow.
Upcoming Events
Short Interest History
Short interest in WaFd (WAFDP) currently stands at 26.3 thousand shares, down 2.0% from the previous reporting period, representing 0.2% of the float. Over the past 12 months, short interest has increased by 160.2%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for WaFd (WAFDP) currently stands at 1.7 days, up 22.1% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has increased 66% over the past year, indicating either rising short interest or declining trading volume. The ratio has shown significant volatility over the period, ranging from 1.0 to 2.9 days.
WAFDP Company Profile & Sector Positioning
WaFd (WAFDP) operates in the National Commercial Banks sector and is listed on the NASDAQ.