WaFd, Inc. filings document a public banking company whose wholly owned subsidiary, WaFd Bank, is a Washington state-chartered commercial bank regulated by the WA DFI, FDIC, FRB, and CFPB. Recent Form 8-K disclosures cover quarterly operating results, financial fact sheets, Regulation FD investor presentations, and notices related to earnings communications.
The filings also record governance matters such as director appointments, board committee service, director compensation arrangements, and Nasdaq independence determinations. Cover-page data identifies common stock and Series A preferred stock classes, while exhibits and cautionary statements frame banking risks, regulatory oversight, interest-rate risk, technology reliance, and broader economic conditions.
WaFd, Inc. is seeking shareholder approval for its proposed merger with EverBank Financial Corp, which also requires regulatory approvals and expiration of applicable waiting periods. If completed, EverBank would merge into WaFd, which would then be renamed EverBank Financial Corp; WaFd Bank would merge into EverBank, National Association. WaFd estimates it would issue approximately 107.3 million common shares at closing on a fully diluted basis. Former EverBank shareholders and equity-award holders would own approximately 59.175% of the combined company’s fully diluted common stock, compared with 40.825% for WaFd shareholders and WaFd awards that are vested or will vest in the merger; these percentages are fixed and will not change with WaFd’s share price. At the merger effective time, each of EverBank’s 675,000 preferred shares would convert into one new WaFd preferred share.
At the December 16, 2026 special meeting, WaFd shareholders will vote on the stock issuance, an advisory, non-binding merger-compensation proposal, and possible adjournment. Approval of the stock issuance is a condition to completing the merger, and the board unanimously recommends voting “FOR” all three proposals. WaFd may owe EverBank a $101,060,629 termination fee in specified circumstances.
WAFD Inc. EVP & Chief Operations Officer Kim E. Robison reported 2,105 common shares delivered or withheld for payment of exercise price or tax liability on October 31, 2026, at a reported $29.35 per share. Direct holdings after the transaction were 114,865 shares. Those holdings include 58,595 stock units awarded pursuant to a Supplemental Executive Retirement Plan for Robison’s benefit, and shares acquired in dividend reinvestment transactions.
WAFD Inc. SVP & PAO Blayne Sanden reported 175 common shares delivered or withheld for payment of exercise price or tax liability on October 31, 2026, at $29.35 per share. Sanden directly held 4,912 common shares following the transaction. The report also lists seven direct non-qualified stock option positions.
WAFD Inc. EVP & Chief Credit Officer Ryan Mauer had 2,105 shares delivered or withheld for payment of exercise price or tax liability on October 31, 2026; the transaction row reports $29.35 per share. No Rule 10b5-1 plan is reported. His direct position following the transaction was 126,646 shares, including 63,923 stock units awarded pursuant to a Supplemental Executive Retirement Plan and shares acquired in dividend reinvestment transactions. He also reported a non-qualified stock option covering 618 shares, with an exercise price of $28.16 and an expiration date of October 31, 2028.
WAFD INC EVP & CFO Kelli Holz reported 2,231 common shares delivered or withheld on October 31, 2026, for payment of exercise price or tax liability, at a reported $29.35 per share. Her direct holdings after the transaction were 114,164 shares, including 53,269 stock units awarded under a Supplemental Executive Retirement Plan and shares acquired in dividend reinvestment transactions. No Rule 10b5-1 plan is reported.
WAFD Inc President & CEO Brent J. Beardall reported that 6,809 common shares were delivered or withheld on October 31, 2026, for payment of exercise price or tax liability, at a reported $29.35 per share. He directly held 363,064.5 common shares after the transaction; the holdings include 127,845 stock units awarded under a Supplemental Executive Retirement Plan and shares acquired through dividend reinvestment. He also directly held 6,000 Series A depositary shares.
WAFD Inc. EVP & Chief Consumer Banker Cathy E. Cooper reported 2,105 common shares delivered or withheld for payment of exercise price or tax liability on October 31, 2026; the reported per-share price was $29.35. Her reported post-transaction holdings were 93,520 shares directly and 10,818 shares indirectly through a 401(k). The direct holdings include 37,288 stock units awarded under a Supplemental Executive Retirement Plan for her benefit; reported holdings also include shares acquired in dividend reinvestment transactions.
WAFD, Inc. reported fiscal 2026 net income of $255.865 million, up 13% from fiscal 2025, and diluted earnings per common share of $3.21, up 22% from $2.63. For the quarter ended September 30, 2026, net income was $59.991 million, down 9% from the prior quarter; net interest income was $182.353 million and net interest margin held at 2.81%.
Compared with June 30, 2026, non-performing assets fell to $86.158 million, or 0.32% of total assets, from $135.748 million, or 0.49%; delinquent loans were 0.50% of total loans, versus 0.75%. Quarterly net charge-offs were $39.237 million, including a $36 million charge-off after resolution of a $53 million loan relationship. WAFD sold $543 million of single-family residential loans in the quarter and agreed to sell $429 million of multifamily loans in fiscal 2027's first quarter, expecting an approximately $7 million net gain when finalized. A merger with EverBank was announced September 7, 2026, and fourth-quarter merger-related expenses were $6.168 million.
WaFd, Inc. (WAFD) entered into a Merger Agreement under which EverBank Financial Corp will merge into WaFd in a reverse merger, with WaFd as the legal survivor but EverBank as the accounting acquirer. WaFd will then change its name to EverBank Financial Corp, and WaFd Bank will merge into EverBank, N.A., which will be the surviving bank.
EverBank common shareholders will receive WaFd common stock at an exchange ratio set so that, immediately after closing, former EverBank investors will own 59.2% of the combined company and existing WaFd shareholders will own 40.8%. WaFd estimates issuing about 107.7 million new common shares at closing, and approximately 675,000 EverBank Series A preferred shares will convert into a new WaFd preferred series with substantially equivalent terms.
The companies highlight a pro forma bank with about $75 billion in assets, $59 billion in deposits and $58 billion in loans, targeting a 2027 efficiency ratio of 45% and return on tangible common equity of about 15%+, including run-rate pre-tax cost savings of roughly $135 million. WaFd cites expected 2027 EPS accretion of about 29% with tangible book value per share dilution of 8.6% and an earn-back period of roughly two years.
AllianceBernstein L.P. reports beneficial ownership of WaFd Inc common stock, holding 3,807,514 shares, representing 5.2% of the outstanding class as of June 30, 2026. These shares are held solely for investment purposes on behalf of client discretionary investment advisory accounts.
AllianceBernstein has sole voting power over 3,341,311 shares and sole dispositive power over 3,807,514 shares, with no shared voting or dispositive power. AllianceBernstein is a majority-owned subsidiary of Equitable Holdings, Inc. but operates under independent management and reports ownership separately.