WaFd declares 27-cent dividend, boosts share buyback program

WaFd, Inc. (NASDAQ: WAFD) announced a quarterly cash dividend of 27 cents per share, payable February 27, 2026, to shareholders of record as of February 13, 2026. This marks the company's 172nd consecutive quarterly cash dividend payment.

The board of directors also authorized an additional 4.5 million shares for repurchase, increasing the total authorization to 10 million shares. Over the past seven quarters, WaFd has repurchased 5.8 million shares at a weighted average price of $29.45, representing 7% of shares outstanding as of March 31, 2024.

WaFd operates as the parent company of WaFd Bank, a Washington state chartered commercial bank with 208 branches across nine western states. As of December 31, 2025, the company reported $27.3 billion in assets, $21.4 billion in deposits, and $3.0 billion in shareholders' equity.

The bank, established in 1917, provides consumer and commercial banking services including deposit accounts, business financing, commercial and residential real estate lending, and insurance products through a subsidiary.

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