0000936528-26-000043
SEC filingWaFd, Inc. delivered strong financial performance for Q2 FY2026, with net income and EPS growing significantly faster than revenue — reflecting improved profitability from disciplined liability cost management and higher fee income, as confirmed by authoritative financial data.
Net cash provided by operating activities totaled $139.9M, up from $121.6M in the prior-year quarter. Capital expenditures were $21.9M, compared to $12.0M in Q2 FY2025. Free cash flow — defined as operating cash flow less capital expenditures — was $118.0M. The principal sources of funds for the Company’s activities continue to be loan repayments (including prepayments), net deposit inflows, sales and repayments of investments, borrowings, and retained earnings. Management believes the Company’s strong equity position supports controlled growth within its regulated environment.
The Company’s ability to pay dividends remains subject to bank regulatory requirements, including capital adequacy standards set by the Board of Governors of the Federal Reserve System. The Board of Directors reviews financial performance, capital adequacy, regulatory compliance, and cash resources quarterly before declaring dividends. This structured, compliance-driven process ensures alignment between shareholder returns and prudential safeguards.