---
schema_version: "secwatch.filing_event.v1"
accession: "0000936528-26-000026"
form_type: "8-K"
ticker: "WAFD"
cik: "0000936528"
company_name: "WAFD INC"
filed_at: "2026-02-23T23:59:59+00:00"
generated_at: "2026-05-16T01:22:12.013344+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WaFd reports Q1 fiscal 2026 net income up 36% to $64.2M; efficiency ratio improves to 55.3%

## Summary
- Net income $64.2M for Q1 ended Dec 31, 2025, up 36% from $47.3M prior year; common net income $60.5M (+39%).
- Net interest income $171.1M (+10% YoY); non-interest income $20.3M (+29%); efficiency ratio 55.3% vs 65.0%.
- Total assets $27.3B, loans $19.8B, deposits $21.4B; NPAs 0.75% of assets; ACL 0.95% of loans.
- Repurchased 1.95M shares YTD at $29.75; Board authorized additional 4.5M share buyback on Feb 3, 2026; dividend $0.27.

## SEC filing metadata
- accession: 0000936528-26-000026
- form_type: 8-K
- ticker: WAFD
- cik: 0000936528
- company_name: WAFD INC
- filed_at: 2026-02-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936528/000093652826000026/0000936528-26-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936528/000093652826000026/wfsl-20260223.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936528-26-000026
- JSON: https://secwatch.observer/filing/0000936528-26-000026.json
- Plain text: https://secwatch.observer/filing/0000936528-26-000026.txt

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