WaFd Management
Management criteria checks 4/4
WaFd's CEO is Brent Beardall, appointed in Jul 2016, has a tenure of 10.17 years. total yearly compensation is $3.82M, comprised of 27.5% salary and 72.5% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth $7.88M. The average tenure of the management team and the board of directors is 7.4 years and 5.2 years respectively.
Key information
Brent Beardall
Chief executive officer
US$3.8m
Total compensation
| CEO salary percentage | 27.47% |
| CEO tenure | 10.2yrs |
| CEO ownership | 0.3% |
| Management average tenure | 7.4yrs |
| Board average tenure | 5.2yrs |
Recent management updates
Recent updates
WAFD: Reverse Merger And Stable Margins Will Shape Future Upside Potential
Analysts have raised their price target on WaFd stock by $2 to $40, citing a Q3 earnings beat, better than expected net loan growth, and expectations for largely stable net interest margins after 42 basis points of expansion since Q1 2025. What’s in the News for WaFd WaFd and EverBank agreed to a US$3.9b reverse merger that would create a combined regional bank with about US$75b in assets, with WaFd to remain the publicly traded holding company and later adopt the EverBank Financial Corp name and Nasdaq ticker EVBK.WaFd Justifies A Downgrade After Its Pop Higher
Summary WaFd has outperformed the S&P 500 since May, but the easy gains appear to be behind us. WAFD's strategic shift from time deposits to transaction accounts improved net interest margin and profitability, despite a modest decline in total deposits. Valuation multiples have risen; WAFD now trades at a P/E of 11.1, above the author's preferred maximum of 10, though it is still attractive versus peers. Asset quality metrics, including sub-1% ROA and sub-10% ROE, prompt a downgrade to 'hold' as the risk/reward profile becomes less compelling. Read the full article on Seeking AlphaWAFD: Stable Margins And Buybacks Will Shape Balanced Future Return Profile
Analysts have nudged their fair value estimate for WaFd up from $37.25 to $39.00, citing recent price target increases to $40.00 and research that highlights better than expected net loan growth and stable net interest margins following the latest Q3 earnings beat. What’s in the News for WaFd WaFd reported net charge-offs of $1.6 million for the third fiscal quarter ended June 30, 2026, compared with $0.6 million for the prior quarter.WAFD: Higher Multiple And Buybacks Will Shape Balanced Return Profile
The analyst price target for WaFd has been revised from $31.00 to $37.25, with analysts citing updated assumptions on the discount rate, revenue growth, profit margin, and future P/E to support the higher valuation. Analyst Commentary Recent Street research on WaFd highlights a mix of optimism and caution around the stock's updated valuation framework, with analysts updating their models to reflect changes in discount rate assumptions, revenue expectations, profit margins, and future P/E levels.WaFd: Regional Bank With A 7.3% Yielding Preferred Share
Summary WaFd's preferred shares offer a 7.35% dividend yield, making them attractive for income investors despite recent value drops. The bank's net interest income has declined due to rising borrowing yields and falling asset yields, impacting profitability. The Luther Burbank merger improved WaFd's loan to deposit ratio, reducing dependence on costly external financing. Multifamily mortgage risks and low loan loss allowances are concerns, but preferred dividends remain secure with potential for capital appreciation. Read the full article on Seeking AlphaWaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield
Summary WaFd's merger with Luther Burbank Corporation has improved its loan-to-deposit ratio and reduced external borrowing, enhancing future net interest income and earnings potential. Despite the positive merger impact, WaFd faces risks from high loan-to-deposit ratios and lower-than-average allowance for credit losses, which could pressure earnings. WaFd's preferred shares offer an attractive 6.7% yield and trade at 73% of their call price, providing income and potential capital appreciation. I recommend WaFd's preferred shares for income investors, given their seniority to common shares and insulation from the bank's loan performance challenges. Read the full article on Seeking AlphaWaFd: Regional Bank Offering 7.6% Yielding Preferred Dividend
Summary WaFd, a regional bank, experienced a significant increase in share price after recent earnings. Financial performance showed growth in net interest income but volatility in some metrics, with risks related to loan losses. Stability in loan and deposit growth, but risks include inadequate credit loss allowance and concentration in certain loan types. Read the full article on Seeking AlphaHere's Why WaFd (NASDAQ:WAFD) Has Caught The Eye Of Investors
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...Here's Why We Think Washington Federal (NASDAQ:WAFD) Is Well Worth Watching
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...Here's Why We Think Washington Federal (NASDAQ:WAFD) Might Deserve Your Attention Today
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2026 | n/a | n/a | US$242m |
| Mar 31 2026 | n/a | n/a | US$238m |
| Dec 31 2025 | n/a | n/a | US$228m |
| Sep 30 2025 | US$4m | US$1m | US$211m |
| Jun 30 2025 | n/a | n/a | US$212m |
| Mar 31 2025 | n/a | n/a | US$215m |
| Dec 31 2024 | n/a | n/a | US$174m |
| Sep 30 2024 | US$4m | US$975k | US$185m |
| Jun 30 2024 | n/a | n/a | US$174m |
| Mar 31 2024 | n/a | n/a | US$172m |
| Dec 31 2023 | n/a | n/a | US$222m |
| Sep 30 2023 | US$6m | US$975k | US$243m |
| Jun 30 2023 | n/a | n/a | US$266m |
| Mar 31 2023 | n/a | n/a | US$268m |
| Dec 31 2022 | n/a | n/a | US$251m |
| Sep 30 2022 | US$4m | US$875k | US$222m |
| Jun 30 2022 | n/a | n/a | US$201m |
| Mar 31 2022 | n/a | n/a | US$185m |
| Dec 31 2021 | n/a | n/a | US$181m |
| Sep 30 2021 | US$3m | US$775k | US$174m |
| Jun 30 2021 | n/a | n/a | US$159m |
| Mar 31 2021 | n/a | n/a | US$150m |
| Dec 31 2020 | n/a | n/a | US$145m |
| Sep 30 2020 | US$2m | US$700k | US$173m |
| Jun 30 2020 | n/a | n/a | US$191m |
| Mar 31 2020 | n/a | n/a | US$210m |
| Dec 31 2019 | n/a | n/a | US$225m |
| Sep 30 2019 | US$2m | US$675k | US$210m |
Compensation vs Market: Brent's total compensation ($USD3.82M) is below average for companies of similar size in the US market ($USD7.10M).
Compensation vs Earnings: Brent's compensation has been consistent with company performance over the past year.
CEO
Brent Beardall (55 yo)
Mr. Brent J. Beardall, CPA, has been the Chief Executive Officer of WaFd, Inc (formerly known as Washington Federal, Inc.) since April 1, 2017 and has been its President since July 26, 2016 and serves as i...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 10.2yrs | US$3.82m | 0.33% $ 7.9m | |
| Executive VP & CFO | 3.7yrs | US$1.32m | 0.084% $ 2.0m | |
| Executive VP & COO | 9.4yrs | US$1.33m | 0.079% $ 1.9m | |
| Executive VP & Chief Credit Officer | 6.9yrs | US$1.33m | 0.088% $ 2.1m | |
| Executive VP | 7.9yrs | US$1.31m | 0.093% $ 2.2m | |
| Senior VP & Principal Accounting Officer | 3.5yrs | no data | 0.0069% $ 165.4k | |
| Chief of Communications | 10yrs | no data | no data | |
| Senior Vice President of Human Resources | no data | no data | no data | |
| Senior Vice President of Corporate Real Estate and Treasurer | no data | no data | no data | |
| Senior VP & Controller | no data | no data | no data | |
| Regional President of Northern Oregon | less than a year | no data | no data | |
| President of WAFD Insurance Group | no data | no data | no data |
Experienced Management: WAFD's management team is seasoned and experienced (7.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.4yrs | US$3.82m | 0.33% $ 7.9m | |
| Independent Director | 14.2yrs | US$186.01k | 0.090% $ 2.2m | |
| Independent Director | 2.5yrs | US$236.01k | 0.036% $ 865.8k | |
| Director Emeritus | no data | US$19.50k | no data | |
| Independent Director | 2.5yrs | US$236.01k | 0.015% $ 370.8k | |
| Independent Chairman | 7.4yrs | US$226.01k | 0.029% $ 710.3k | |
| Independent Director | 7.2yrs | US$186.01k | 0.10% $ 2.5m | |
| Director | less than a year | no data | 0.00044% $ 10.6k | |
| Independent Director | 5.2yrs | US$186.01k | 0.017% $ 413.7k | |
| Independent Director | 5.2yrs | US$186.01k | 0.016% $ 378.3k | |
| Independent Director | 5.2yrs | US$186.01k | 0.023% $ 544.4k |
Experienced Board: WAFD's board of directors are considered experienced (5.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 21:21 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
WaFd, Inc. is covered by 17 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bruce Harting | Barclays |
| Michael Diana | Cantor Fitzgerald & Co. |
| Jeffrey Rulis | D.A. Davidson & Co. |