---
schema_version: "secwatch.filing_event.v1"
accession: "0000936528-25-000066"
form_type: "8-K"
ticker: "WAFD"
cik: "0000936528"
company_name: "WAFD INC"
filed_at: "2025-05-05T23:59:59+00:00"
generated_at: "2026-05-22T21:46:15.534225+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# WaFd reports Q2 2025 net income $56.3M; NII $160.9M; NPAs at 0.26% of assets

## Summary
- Net income $56.3M for three months ended March 31, 2025, up from $15.9M a year ago (prior quarter included merger costs).
- Net interest income $160.9M (+1% YoY); efficiency ratio improved to 58.3% from 77.74%.
- Non-performing assets $71M (0.26% of total assets); ACL $203M covers 286% of NPAs.
- Total assets $27.6B; total deposits $21.4B; net loans $20.9B as of March 31, 2025.
- Dividend $0.27/share (3.79% yield); 10.8M shares remain under buyback authorization; CET1 ratio well above minimum.

## SEC filing metadata
- accession: 0000936528-25-000066
- form_type: 8-K
- ticker: WAFD
- cik: 0000936528
- company_name: WAFD INC
- filed_at: 2025-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936528/000093652825000066/0000936528-25-000066-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936528/000093652825000066/wfsl-20250505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936528-25-000066
- JSON: https://secwatch.observer/filing/0000936528-25-000066.json
- Plain text: https://secwatch.observer/filing/0000936528-25-000066.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.