Equity Profile

WAFD

WaFd, Inc.

FinancialsRegional Banks$2.8B

Jul16Thu

Pre-Earnings Brief

UpcomingQ3-2026After Close5:00 PM EDT

Company Snapshot

WaFd, Inc. is a regional bank focused on providing financial services to individuals and businesses....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

$0.81

Revenue

Revenue reflects the total income generated, which is essential for assessing growth and operational efficiency.

$200M

Wall Street expectations, options signals, track record, and call prep available with Pro.

WAFD Q3-2026 Earnings Preview

Context

Company Snapshot

WaFd, Inc. is a regional bank focused on providing financial services to individuals and businesses. Operating in the financial sector, it plays a crucial role in local economies by offering loans, deposits, and other banking services.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+24.04%

Avg Stock Reaction

+0.67%

Last Quarter Recap

In Q2-2026, WaFd reported an EPS of $0.82, exceeding estimates by 10.36%. The stock saw a slight increase of 0.09% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect WaFd to report solid earnings, with a consensus EPS of $0.81 and revenue of $200M. The market is watching closely for any surprises.

Bull Case

If WaFd beats EPS estimates and shows strong revenue growth, it could indicate robust demand for its banking services, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses its earnings targets or shows signs of declining revenue, it could raise concerns about its operational performance and lead to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.81

EPS is a key indicator of the company's profitability and financial health.

Revenue

$200M

Revenue reflects the total income generated, which is essential for assessing growth and operational efficiency.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will WaFd achieve an EPS of $0.81 or higher?

A beat on EPS would reinforce the company's growth trajectory and could positively influence investor sentiment.

What is the outlook for revenue growth this quarter?

Revenue growth is critical for assessing the bank's ability to expand its operations and profitability in a competitive environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate WaFd's ability to capitalize on local economic growth, which could lead to better-than-expected earnings.

Supporting Evidence

The bank has consistently beaten EPS estimates in 75% of its recent quarters.

Options pricing suggests a larger move than historical averages, indicating potential for a surprise.

Recent economic indicators show improvement in the regions where WaFd operates, suggesting stronger loan demand.

Key Risk

If revenue growth exceeds $200M, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether WaFd can sustain its growth amid economic challenges, making these thresholds crucial.

Bull Confirmed If

An EPS of $0.85 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.78 would raise concerns about the bank's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±20.74%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings announcement.

Options are pricing ±20.7% while WAFD has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

27.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If WaFd beats expectations, history suggests a positive stock reaction of around +1.16%, confirming strong demand for its services.

In-Line / Cautious

An in-line report may lead to a muted reaction as investors await further guidance from management.

Miss

If the company misses expectations, history indicates a potential decline of around -0.79%, raising concerns about its financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and demand in the local markets.
2Management's commentary on cost control measures and efficiency improvements.
3Insights into the bank's strategy for navigating economic challenges.
4Details on any changes in interest rates and their impact on profitability.
5Future guidance on revenue expectations for the next quarter.

See the full picture

AI-powered briefs, options data, and 20 quarters of history — everything you need before earnings.

No charge today · Auto-bills $8/mo after 7 days · Cancel anytime

More Earnings This Week

5 Reports

Jul13

FBKAMC

FB Financial Corporation

PreviewView

Jul14

WFCBMO

Company Snapshot

WaFd, Inc. is a regional bank focused on providing financial services to individuals and businesses....

Key Metrics to Watch

Earnings Per Share (EPS)

EPS is a key indicator of the company's profitability and financial health.

$0.81

Revenue

Revenue reflects the total income generated, which is essential for assessing growth and operational efficiency.

$200M

Wall Street expectations, options signals, track record, and call prep available with Pro.

WAFD Q3-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

75%

Avg EPS Surprise

+24.04%

Avg Stock Reaction

+0.67%

Last Quarter Recap

In Q2-2026, WaFd reported an EPS of $0.82, exceeding estimates by 10.36%. The stock saw a slight increase of 0.09% the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Analysts expect WaFd to report solid earnings, with a consensus EPS of $0.81 and revenue of $200M. The market is watching closely for any surprises.

Bull Case

If WaFd beats EPS estimates and shows strong revenue growth, it could indicate robust demand for its banking services, leading to a positive stock reaction.

Bear Case

Conversely, if the company misses its earnings targets or shows signs of declining revenue, it could raise concerns about its operational performance and lead to a negative market reaction.

Key Metrics to Watch

Earnings Per Share (EPS)

$0.81

EPS is a key indicator of the company's profitability and financial health.

Revenue

$200M

Revenue reflects the total income generated, which is essential for assessing growth and operational efficiency.

Expectations

Two Questions That Matter

The print will turn on these two things.

Will WaFd achieve an EPS of $0.81 or higher?

A beat on EPS would reinforce the company's growth trajectory and could positively influence investor sentiment.

What is the outlook for revenue growth this quarter?

Revenue growth is critical for assessing the bank's ability to expand its operations and profitability in a competitive environment.

Edge

What the Street Is Missing

Why consensus could be wrong

The consensus may underestimate WaFd's ability to capitalize on local economic growth, which could lead to better-than-expected earnings.

Supporting Evidence

The bank has consistently beaten EPS estimates in 75% of its recent quarters.

Options pricing suggests a larger move than historical averages, indicating potential for a surprise.

Recent economic indicators show improvement in the regions where WaFd operates, suggesting stronger loan demand.

Key Risk

If revenue growth exceeds $200M, it could challenge the current bearish sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is debating whether WaFd can sustain its growth amid economic challenges, making these thresholds crucial.

Bull Confirmed If

An EPS of $0.85 or higher would confirm strong operational performance.

Bear Confirmed If

An EPS below $0.78 would raise concerns about the bank's profitability.

Pre-Earnings Positioning

Options Market

Implied Move

±20.74%

Historical Avg

±1.6%

Pricing rich

The options market is pricing in a significant potential move, indicating that investors expect volatility around the earnings announcement.

Options are pricing ±20.7% while WAFD has averaged ±1.6% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.4%

30d HV

27.7%

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If WaFd beats expectations, history suggests a positive stock reaction of around +1.16%, confirming strong demand for its services.

In-Line / Cautious

An in-line report may lead to a muted reaction as investors await further guidance from management.

Miss

If the company misses expectations, history indicates a potential decline of around -0.79%, raising concerns about its financial health.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on loan growth and demand in the local markets.
2Management's commentary on cost control measures and efficiency improvements.
3Insights into the bank's strategy for navigating economic challenges.
4Details on any changes in interest rates and their impact on profitability.
5Future guidance on revenue expectations for the next quarter.