WaFd, Inc. (WAFD)

WaFd, Inc. Income Statement

Financials in millions USD. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Interest Income on Loans	1,120	1,166	900.07	601.59	537.66
Interest Income on Investments	219.51	205.86	142.89	64.77	53.95
Total Interest Income	1,339	1,372	1,043	666.36	591.61
Interest Paid on Deposits	604.71	532.43	237.23	43.04	42.31
Interest Paid on Borrowings	80.51	178.44	115.49	28.73	44.19
Total Interest Expense	685.21	710.88	352.72	71.77	86.5
Net Interest Income	654.24	660.83	690.23	594.59	505.11
Net Interest Income Growth (YoY)	-1.00%	-4.26%	16.09%	17.71%	7.58%
Gain (Loss) on Sale of Investments	0.02	0.34	0.03	0.1	0.01
Other Non-Interest Income	41.58	32.84	26.12	40.33	49.65
Total Non-Interest Income	71.25	60.69	52.2	66.37	74.35
Non-Interest Income Growth (YoY)	17.39%	16.27%	-21.35%	-10.73%	-26.22%
Revenues Before Loan Losses	725.48	721.52	742.44	660.96	579.46
Provision for Loan Losses	7.75	17.5	41.5	3	0.5
Revenue	717.73	704.02	700.94	657.96	578.96
Revenue Growth (YoY)	1.95%	0.44%	6.53%	13.65%	5.55%
Salaries and Employee Benefits	222.15	224.97	188.62	187.11	169.73
Federal Deposit Insurance	20.2	28.87	20.03	9.53	14.37
Selling, General & Administrative	105.04	104.52	98.94	96.51	88.73
Other Non-Interest Expense	80.08	81.04	68.45	65.43	59.64
Total Non-Interest Expense	428.09	439.1	375.86	357.92	332.03
EBT Excluding Unusual Items	289.64	264.93	325.08	300.04	246.93
Other Unusual Items	-	-	-	-	-13.79
Pretax Income	289.64	256.06	325.08	300.04	233.14
Income Tax Expense	63.57	56.02	67.65	63.71	49.52
Net Income	226.07	200.04	257.43	236.33	183.62
Preferred Dividends & Other Adjustments	14.63	14.63	14.63	14.63	10.03
Net Income to Common	211.44	185.42	242.8	221.71	173.58
Net Income Growth	13.01%	-22.29%	8.93%	28.71%	5.87%
Basic Shares Outstanding	80	74	65	65	73
Diluted Shares Outstanding	80	74	65	65	73
Shares Change (YoY)	8.03%	13.85%	-0.23%	-9.87%	-5.43%
EPS (Basic)	2.64	2.50	3.72	3.40	2.39
EPS (Diluted)	2.63	2.50	3.72	3.39	2.39
EPS Growth	5.31%	-32.87%	9.74%	41.84%	5.75%
Dividend Per Share	1.070	1.040	1.000	0.960	0.920
Dividend Growth	2.89%	4.00%	4.17%	4.35%	4.54%
Effective Tax Rate	21.95%	21.88%	20.81%	21.23%	21.24%

Updated Oct 16, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q