WaFdWAFD
About: WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in accepting deposits from the general public and investing these funds in loans of various types, including first-lien mortgages on single-family dwellings, construction loans, land acquisition and development loans among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
Employees: 2,208
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
68% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 22
31% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 70
24% more capital invested
Capital invested by funds: $1.8B [Q2] → $2.22B (+$425M) [Q3]
5% more funds holding
Funds holding: 229 [Q2] → 241 (+12) [Q3]
1.25% more ownership
Funds ownership: 77.27% [Q2] → 78.52% (+1.25%) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
68% less call options, than puts
Call options by funds: $470K | Put options by funds: $1.46M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Piper Sandler Matthew Clark 50% 1-year accuracy 9 / 18 met price target | 12%upside $35 | Neutral Maintained | 21 Oct 2024 |
DA Davidson Jeff Rulis 54% 1-year accuracy 7 / 13 met price target | 31%upside $41 | Buy Maintained | 21 Oct 2024 |
Keefe, Bruyette & Woods Kelly Motta 55% 1-year accuracy 11 / 20 met price target | 28%upside $40 | Market Perform Downgraded | 21 Oct 2024 |
Financial journalist opinion
![WaFd Bank Partners with the Network of Giving to Fund Non-Profits in Washington](https://wsr-news.imgdelivr.io/40Fgyl3Y.jpg?w=640&h=360)
![WaFd, Inc. Announces Cash Dividend of 26 Cents Per Share](https://wsr-news.imgdelivr.io/oXuJcMXY.jpg?w=640&h=360)
![WaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield](https://wsr-news.imgdelivr.io/K4hYZK0c.jpg?w=640&h=360)
![WaFd (WAFD) Could Be a Great Choice](https://wsr-news.imgdelivr.io/eL5Lr7OY.jpg?w=640&h=360)
![WAFD's Q4 Earnings Beat on Nil Provisions, Revenues Rise on LBC Deal](https://wsr-news.imgdelivr.io/HCoQZwEL.jpg?w=640&h=360)
![WaFd (WAFD) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates](https://wsr-news.imgdelivr.io/ad9WzxiR.jpg?w=640&h=360)
![WaFd (WAFD) Beats Q4 Earnings Estimates](https://wsr-news.imgdelivr.io/Wm0Kj8Lf.jpg?w=640&h=360)
![WaFd Inc. Announces Fourth Quarter and Fiscal 2024 Results](https://wsr-news.imgdelivr.io/ICu0XX8Q.jpg?w=640&h=360)
![Analysts Estimate WaFd (WAFD) to Report a Decline in Earnings: What to Look Out for](https://wsr-news.imgdelivr.io/VdUyGYUZ.jpg?w=640&h=360)
![Are You Looking for a Top Momentum Pick? Why WaFd (WAFD) is a Great Choice](https://wsr-news.imgdelivr.io/sPYHmA0u.jpg?w=640&h=360)