
Washington Federal (WAFD) Stock Forecast & Price Target
Washington Federal (WAFD) Analyst Ratings
Bulls say
WaFd Inc. has demonstrated a positive trajectory in its financial metrics, with tangible book value (TBV) improving by 0.7% to $27.93, while the tangible common equity (TCE) saw an increase of 19 basis points to 8.34%. Furthermore, the company reported annualized expense improvements expected to reach approximately 3.7% of anticipated expenses by the end of the second quarter, alongside a notable increase in share buybacks to 90,000 shares. Anticipated enhancements in net interest margin (NIM) from recent Federal rate cuts are expected to support WaFd's commitment to organic growth, alongside strategic investments in cost savings and personnel.
Bears say
WaFd's financial outlook has been negatively adjusted, with fiscal 2025 and 2026 EPS projections lowered to $2.48 and $2.95 due to a decline in Net Interest Income (NII) and Net Interest Margin (NIM), exacerbated by higher loan loss provisions linked to a shift towards commercial lending. The NII figure of $155 million fell short of expectations, impacted by a reduced balance sheet and unfavorable hedge valuations, while the NIM decreased by 23 basis points, reflecting lower yields on both loans and securities. Additionally, the company faces risks stemming from a weakening real estate market, geographic exposure to various economic factors, and potential adverse reactions to changes in interest rate expectations, all contributing to an overall negative sentiment towards the stock.
This aggregate rating is based on analysts' research of Washington Federal and is not a guaranteed prediction by Public.com or investment advice.
Washington Federal (WAFD) Analyst Forecast & Price Prediction
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