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WaFd, Inc. WAFD Provision for Credit Losses

Provision for Credit Losses at other companies

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Other financials

Income statement

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Revenue$197.4M+9.8%
Net income$65.5M+16.5%
EPS (diluted)$0.82+26.2%

Balance sheet

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Cash & equivalents$669.8M-45.6%
Total debt$3.1B+10.8%
Total equity$3.0B-1.7%
Total assets$27.6B-0.3%

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$2.75B+2.2%
Enterprise value$5.15B+23.6%
P/E10.9×-0.8×
P/S3.6×-0.1×

Profitability

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Net margin33.1%+1.8pp
FCF margin28.4%-6.7pp

Returns & leverage

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Return on equity8.4%+0.7pp
Debt / equity+0.1×

Where this comes from

Reported directly by WaFd, Inc. in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal.

The official record: WaFd, Inc.’s 10-Q, filed May 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WaFd, Inc.'s provision for credit losses?
WaFd, Inc. (WAFD) reported provision for credit losses of $4M in Q1 2026.
How has WaFd, Inc.'s provision for credit losses changed year-over-year?
WaFd, Inc.'s provision for credit losses increased by 45.5% year-over-year, from $2.75M to $4M.
What is the long-term trend for WaFd, Inc.'s provision for credit losses?
Over 4 years (2021 to 2025), WaFd, Inc.'s provision for credit losses has grown at a 47.8% compound annual growth rate (CAGR), from -$1.63M to $7.75M.
What does provision for credit losses mean?
This represents the periodic expense recognized by the bank to maintain an adequate allowance for potential credit losses on its loan portfolio. It reflects management's assessment of the credit quality and risk profile of the bank's lending activities. A higher provision indicates increased expected credit risk, while a release of the provision suggests improved asset quality or lower expected losses.