WaFd, Inc. furnished an investor presentation for Q2 2026, reporting net income of $65.6 million, EPS of $0.82, and highlighting strong credit quality with low non-performing assets.
Key takeaways
Q2 2026 net income was $65.6 million with EPS of $0.82, up from $64.2 million and $0.79 in Q1 2026.
Total assets reached $27.6 billion with total loans held for investment of $20.0 billion as of March 31, 2026.
Non-performing assets remained low at 0.48% of total assets, with the allowance for credit losses covering 163% of non-performing loans.
Net loan originations were $1.5 billion in Q2 2026, with commercial loans comprising 95% of year-to-date originations.
Tangible equity per share increased to $30.27, and the company declared its 172nd consecutive quarterly cash dividend.