secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2025-11-12T23:59:59+00:00
Accession:  0000936528-25-000113
Event type: earnings
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaFd reports Q4 net income $60.6M, down 1% YoY; credit quality remains strong
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- Net income $60.6M ($56.9M to common), down 1% from $61.1M; NII $169.9M, down 2% YoY.
- Total assets $26.7B; loans HFI $20.1B; deposits $21.4B; uninsured/uncollateralized deposits 24.7%.
- Non-performing assets $143M (0.54% of assets); ACL $200M covers 140% of NPAs; net charge-offs minimal.
- Efficiency ratio improved to 56.8% from 57.2%; FDIC premiums down 35% to $4.4M.
- Quarterly dividend $0.27 (3.6% yield); 3.45M shares repurchased in FY2025 at avg $29.56; 8.2M shares remain in buyback.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652825000113/0000936528-25-000113-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652825000113/wfsl-20251112.htm
  HTML page:      https://secwatch.observer/filing/0000936528-25-000113

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