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WaFd, Inc. WAFD Provision for Credit Losses

Provision for Credit Losses at other companies

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$3.08M+176%
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$956K-67.4%
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$2.51B-24.1%
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$1.14B+21.8%
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$10.73M+87.1%
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Customers BancorpCUBI
$400K-66.7%

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 3 years (2022 to 2025), WaFd, Inc.'s provision for credit losses has grown at a 37.2% compound annual growth rate (CAGR), from $3M to $7.75M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.