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WaFd, Inc. WAFD Interest Expense

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Other financials

Income statement

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Revenue$205.5M+10.3%
Net income$66.1M+6.7%
EPS (diluted)$0.84+15.1%

Balance sheet

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Cash & equivalents$676.5M-16.4%
Total debt$3.3B+70.9%
Total equity$3.0B+0.3%
Total assets$27.6B+3.2%

Cash flow

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Operating cash flow$79.4M+10.0%
CapEx$11.4M+105%
Free cash flow$68.0M+2.1%

Valuation

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Market cap$2.77B+19.6%
P/E10.8×+0.6×
P/S3.5×+0.3×

Profitability

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Net margin32.8%+1.6pp
FCF margin28.4%-6.7pp

Returns & leverage

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Return on equity8.5%+0.9pp
Debt / equity1.1×+0.5×

Where this comes from

Reported directly by WaFd, Inc. in its filing.

Tagged under the XBRL concept us-gaap:InterestExpenseOperating.

The source filing: WaFd, Inc.’s 10-Q, filed May 5, 2026.

Filed
May 5, 2026, 12:16 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q1 2026
Accession
0000936528-26-000043
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025Six Months Ended March 31, 2026Six Months Ended March 31, 2025
INTEREST EXPENSE
Customer accounts125,999151,948262,213314,098
Borrowings and junior subordinated debentures21,16523,22636,33650,762
147,164175,174298,549364,860
Net interest income177,570160,910348,681316,341
Provision for credit losses4,0002,7507,5002,750
Net interest income after provision173,570158,160341,181313,591
NON-INTEREST INCOME

Item 1. Financial Statements (Unaudited)

FAQ

What is WaFd, Inc.'s interest expense?
WaFd, Inc. (WAFD) reported interest expense of $147.16M in Q1 2026.
How has WaFd, Inc.'s interest expense changed year-over-year?
WaFd, Inc.'s interest expense decreased by 16.0% year-over-year, from $175.17M to $147.16M.
What is the long-term trend for WaFd, Inc.'s interest expense?
Over 4 years (2021 to 2025), WaFd, Inc.'s interest expense has grown at a 67.8% compound annual growth rate (CAGR), from $86.5M to $685.21M.
What does interest expense mean?
Cost of borrowing — interest paid or accrued on bonds, bank loans, credit facilities, finance leases, and other debt obligations.

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