secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2026-02-23T23:59:59+00:00
Accession:  0000936528-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652826000026/0000936528-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652826000026/wfsl-20260223.htm
  HTML page:      https://secwatch.observer/filing/0000936528-26-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer