Document


	As of 03/26					As of 06/26					As of 09/26
Allowance for Credit Losses (ACL) - Total	$	224,450				$	233,831				$	214,594
ACL - Loans	201,950					214,831					199,594
ACL - Unfunded Commitments	22,500					19,000					15,000
Total ACL as a % of Gross Loans	1.05		%			1.08		%			1.04		%







Active Loan Types	03/26 QTR			03/26 YTD		06/26 QTR			06/26 YTD		09/26 QTR			09/26 YTD
Originations & Advances
Multi-Family	$	114,375		$	246,180	$	126,087		$	372,267	$	92,724		$	464,991
Commercial Real Estate	229,982			353,421		144,484			497,905		269,283			767,188
Commercial & Industrial	564,961			1,067,095		740,817			1,807,912		596,685			2,404,597
Construction	533,444			809,813		406,686			1,216,499		320,555			1,537,053
Land - Acquisition & Development	37,748			56,398		38,505			94,903		44,786			139,689
Consumer	41,550			82,295		43,280			125,575		36,151			161,726
	$	1,522,060		$	2,615,202	$	1,499,859		$	4,115,061	$	1,360,184		$	5,475,244
Repayments & Payoffs
Multi-Family	$	144,320		$	314,210	$	201,518		$	515,728	$	241,112		$	756,840
Commercial Real Estate	132,833			324,429		209,236			533,665		128,180			661,845
Commercial & Industrial	297,043			668,831		423,451			1,092,282		438,761			1,531,043
Construction	230,260			450,322		144,673			594,995		141,670			736,665
Land - Acquisition & Development	18,473			38,454		16,281			54,735		9,963			64,698
Consumer	36,475			85,565		40,813			126,378		46,438			172,816
	$	859,404		$	1,881,811	$	1,035,972		$	2,917,783	$	1,006,124		$	3,923,907
Inactive Loan Types
Originations & Advances
Single-Family Residential	30			30		4			34		—			34
Construction - Custom	—			—		—			—		—			—
Land - Consumer Lot Loans	—			—		—			—		—			—
HELOC	20,566			45,973		22,610			68,583		23,698			92,281
	$	20,596		$	46,003	$	22,614		$	68,617	$	23,698		$	92,315
Repayments & Payoffs
Single-Family Residential	232,157			502,294		256,011			758,305		210,899			969,204
Construction - Custom	8,628			21,427		7,859			29,286		8,112			37,398
Land - Consumer Lot Loans	5,702			11,956		4,821			16,777		3,846			20,623
HELOC	29,496			61,534		30,202			91,736		26,218			117,954
	$	275,983		$	597,211	$	298,893		$	896,104	$	249,075		$	1,145,179

Purchased Loans	$0			$9,926		$0			$9,926		$0			$9,926

Weighted Average Rate on Originations	6.22		%			6.31		%			6.58		%
Weighted Average Rate on Payoffs	6.12		%			6.06		%			5.96		%

Net Loan Fee Accretion	$	4,104		$	7,371	$	4,584		$	11,955	$	5,265		$	17,220
Net Discount Accretion on Acquired Loans	$	5,764		$	11,865	$	7,166		$	19,031	$	6,327		$	25,358

($ in Thousands)


	As of 03/26				As of 06/26				As of 09/26
Loans Receivable by Category1	Amount		%		Amount		%		Amount		%
Multi-Family	$	4,750,092	22.2	%	$	4,721,719	21.8	%	$	4,147,922	20.1	%
Commercial Real Estate	3,670,285		17.2		3,642,259		16.8		3,791,832		18.3
Commercial & Industrial	2,798,568		13.1		3,110,005		14.4		3,176,017		15.4
Construction	1,955,180		9.1		2,144,343		9.9		2,295,087		11.1
Land - Acquisition & Development	197,044		0.9		219,267		1.0		254,090		1.2
Consumer	54,649		0.3		54,245		0.3		47,832		0.2
Total Active	13,425,818		62.6		13,891,838		64.2		13,712,780		66.3
Single-Family Residential	7,618,273		35.5		7,389,117		34.2		6,638,326		32.1
Construction - Custom	69,520		0.3		35,260		0.2		24,764		0.1
Land - Consumer Lot Loans	77,275		0.4		72,451		0.3		68,607		0.3
HELOC	252,319		1.3		244,726		1.1		242,206		1.2
Total Inactive	8,017,387		37.4		7,741,554		35.8		6,973,903		33.7
	21,443,205		100	%	21,633,392		100	%	20,686,683		100	%
Less:
Loans in Process	1,063,129				1,186,436				1,217,726
Net Deferred Fees, Costs and Discounts	211,143				214,249				228,100
Loans at Amortized Cost	20,168,933				20,232,707				19,240,857

Less:
Allowance for Credit Losses (ACL) - Loans	201,950				214,831				199,594
Net Loans	$	19,966,983			$	20,017,876			$	19,041,263

Net Loan Portfolio by Category1	Amount		%		Amount		%		Amount		%
Multi-Family	$	4,646,676	23.4	%	$	4,620,256	23.1	%	$	4,076,365	21.4	%
Commercial Real Estate	3,611,179		18.1		3,585,271		17.9		3,735,976		19.6
Commercial & Industrial	2,722,472		13.6		3,016,298		15.1		3,090,148		16.2
Construction	940,245		4.7		997,813		5.0		1,100,512		5.8
Land - Acquisition & Development	160,874		0.8		176,772		0.9		216,080		1.1
Consumer	51,876		0.3		51,422		0.3		45,373		0.2
Total Active	12,133,322		60.8		12,447,832		62.2		12,264,454		64.4
Single-Family Residential	7,467,652		37.4		7,238,660		36.2		6,455,588		33.9
Construction - Custom	38,565		0.2		16,289		0.1		12,494		0.1
Land - Consumer Lot Loans	74,942		0.3		70,275		0.3		66,545		0.3
HELOC	252,502		1.3		244,820		1.2		242,182		1.3
Total Inactive	7,833,661		39.2		7,570,044		37.8		6,776,809		35.6
	$	19,966,983	100	%	$	20,017,876	100	%	$	19,041,263	100	%


Loan Contractual Term to Maturity or Repricing1,2	Amount		Rate		Amount		Rate		Amount		Rate
Within 3 months	$	7,186,683	6.57%		$	7,963,909	6.52%		$	8,260,305	6.44%
From 4 to 6 months	697,759		5.07		470,224		3.80		517,535		5.32
From 7 to 9 months	479,410		4.01		512,905		4.48		390,954		4.50
From 10 to 12 months	500,864		4.51		693,753		4.31		434,287		4.90
1 to 3 years	2,290,380		4.60		1,739,306		4.83		1,574,131		4.93
3 to 5 years	1,735,993		5.21		1,810,329		5.26		1,777,885		5.33
More than 5 years	7,277,844		4.18		7,042,281		4.20		6,285,759		4.20
Total	$	20,168,933	5.20	%	$	20,232,707	5.27	%	$	19,240,856	5.38	%
1Disclosures are specific to loans held for investment and exclude loans held for sale 2Includes the effect of derivatives.


	As of 03/26					As of 06/26					As of 09/26
Loans by State1	Amount			%		Amount			%		Amount			%
Washington	$	5,514,736		27.3	%	$	5,538,787		27.4	%	$	5,381,173		28.0	%
Idaho	897,510			4.4		940,568			4.6		962,964			5.0
Oregon	2,310,279			11.5		2,316,967			11.5		2,330,260			12.1
Utah	1,810,775			9.0		1,858,178			9.2		1,857,247			9.7
Nevada	794,031			3.9		800,934			4.0		785,594			4.1
Texas	2,472,011			12.3		2,396,012			11.8		2,394,003			12.4
Arizona	2,266,443			11.2		2,150,510			10.6		2,110,259			11.0
New Mexico	804,986			4.0		803,561			4.0		796,582			4.1
California	2,753,103			13.7		2,762,531			13.7		1,962,551			10.2
Other	545,059			2.7		664,659			3.3		660,223			3.4
Total	$	20,168,933		100	%	$	20,232,707		100	%	$	19,240,856		100	%

Non-Performing Assets1	Amount			%		Amount			%		Amount			%
Non-accrual loans:
Multi-Family	$	34,385		27.7	%	$	34,249		26.9	%	$	38,095		50.3	%
Commercial Real Estate	4,682			3.8		3,114			2.4		3,053			4.0
Commercial & Industrial	54,728			44.2		65,741			51.5		11,509			15.2
Construction	—			—		—			—		—			—
Land - Acquisition & Development	—			—		—			—		—			—
Single-Family Residential	28,188			22.8		22,445			17.6		21,720			28.6
Construction - Custom	760			0.6		892			0.7		—			—
Land - Consumer Lot Loans	325			0.3		239			0.2		239			0.3
HELOC	593			0.5		627			0.5		1,154			1.5
Consumer	198			0.2		262			0.2		186			0.2
Total non-accrual loans	123,859			100	%	127,569			100	%	75,956			100	%
Real Estate Owned	8,125					8,179					10,202
Other Property Owned	—					—					—
Total non-performing assets	$	131,984				$	135,748				$	86,158

Non-accrual loans as % of total net loans	0.62		%			0.64		%			0.40		%
Non-performing assets as % of total assets	0.48		%			0.49		%			0.32		%

Net Charge-offs (Recoveries) by Category	3/26 QTR			CO % (a)		6/26 QTR			CO % (a)		9/26 QTR			CO % (a)
Multi-Family	$	81		0.01	%	$	—		—	%	$	722		0.07	%
Commercial Real Estate	(7)			—		272			0.03		(8)			—
Commercial & Industrial	124			0.02		600			0.08		36,478			4.59
Construction	—			—		—			—		—			—
Land - Acquisition & Development	(7)			(0.01)		(6)			(0.01)		(5)			(0.01)
Single-Family Residential	25			—		(11)			—		8			—
Construction - Custom	(2)			(0.01)		(2)			(0.02)		(2)			(0.03)
Land - Consumer Lot Loans	—			—		—			—		—			—
HELOC	(1)			—		(1)			—		(1)			—
Consumer	376			2.75		767			5.66		2,045			17.10
Total net charge-offs (recoveries)	$	589		0.01	%	$	1,619		0.03	%	$	39,237		0.76	%


	03/26 QTR			03/26 YTD			06/26 QTR			06/26 YTD			09/26 QTR			09/26 YTD
Efficiency
Operating Expenses/Average Assets	1.61		%	1.59		%	1.60		%	1.59		%	1.76		%	1.64		%
Efficiency Ratio (%)	55.66		%	55.45		%	53.69		%	54.84		%	55.12		%	54.92		%
Amortization of Intangibles	$	1,974		$	4,032		$	1,841		$	5,873		$	1,712		$	7,585

EOP Numbers
Shares Issued and Outstanding	73,855,919						73,954,133						74,016,318

Share repurchase information
Remaining shares authorized for repurchase	7,992,669						7,992,669						7,992,669
Shares repurchased	2,738,096			4,688,109			8,806			4,696,915			6,929			4,703,844
Average share repurchase price	$	31.85		$	30.98		$	36.20		$	30.99		$	37.60		$	31.00


	As of 03/26					As of 06/26					As of 09/26
Deposits & Branches by State	Amount		%		#	Amount		%		#	Amount		%		#
Washington	$	8,504,298	40.3	%	73	$	8,511,128	40.7	%	74	$	8,831,835	41.4	%	74
Idaho	926,134		4.4		21	920,533		4.4		21	936,242		4.4		21
Oregon	2,827,773		13.4		36	2,723,445		13.0		36	2,658,696		12.5		36
Utah	558,689		2.6		9	544,563		2.6		9	537,020		2.5		9
Nevada	544,906		2.6		8	560,858		2.7		8	592,660		2.8		8
Texas	961,614		4.5		5	941,031		4.4		6	941,718		4.4		6
Arizona	1,671,233		7.9		28	1,647,667		7.9		28	1,647,285		7.7		28
New Mexico	1,799,259		8.5		18	1,844,266		8.8		18	2,007,166		9.4		18
California	3,330,245		15.8		10	3,238,584		15.5		10	3,168,345		14.9		10
Total	$	21,124,151	100	%	208	$	20,932,075	100	%	210	$	21,320,967	100	%	210

Deposits by Type	Amount		%			Amount		%			Amount		%
Non-Interest Checking	$	2,577,976	12.2	%		$	2,646,615	12.6	%		$	2,685,732	12.5	%
Interest Checking	5,151,103		24.4			4,991,715		23.9			5,022,143		23.6
Savings	726,630		3.5			712,829		3.4			740,799		3.5
Money Market	4,291,212		20.3			4,394,632		21.0			4,427,175		20.8
Time Deposits	8,377,230		39.6			8,186,284		39.1			8,445,118		39.6
Total	$	21,124,151	100	%		$	20,932,075	100	%		$	21,320,967	100	%

Deposits Uninsured & Non-collateralized - EOP	$	5,333,317	25.2	%		$	5,326,972	25.4	%		$	5,483,559	25.7	%

Time Deposit Repricing	Amount		Rate			Amount		Rate			Amount		Rate
Within 3 months	$	4,207,471	3.68	%		$	2,240,734	3.44	%		$	3,182,588	3.52	%
From 4 to 6 months	2,025,605		3.41	%		3,133,271		3.52	%		2,474,530		3.70	%
From 7 to 9 months	1,224,586		3.42	%		1,289,517		3.61	%		1,199,081		3.56	%
From 10 to 12 months	536,210		3.19	%		885,477		3.38	%		1,231,201		3.85	%
1 to 3 years	373,016		2.95	%		627,076		3.49	%		348,568		3.38	%
3 to 5 years	10,342		0.32	%		10,209		0.31	%		9,150		0.31	%

Borrowings (Effective Maturity)1	Amount		Rate			Amount		Rate			Amount		Rate
Within 3 months	$	1,425,000	3.85	%		$	1,645,000	3.86	%		$	1,125,000	4.01	%
From 4 to 6 months	118,879		4.52	%		249,798		4.15	%		—		—	%
From 7 to 9 months	150,000		3.81	%		—		—	%		—		—	%
From 10 to 12 months	—		—	%		—		—	%		—		—	%
1 to 3 years	225,000		3.51	%		225,000		3.58	%		225,000		3.67	%
3 to 5 years	993,562		1.09	%		993,561		1.17	%		993,400		1.30	%
More than 5 years	202,107		4.48	%		202,338		4.52	%		202,572		4.53	%

1Includes junior subordinated debentures


			Balance				Cumulative Maturity/Repricing Through1:
September 30, 2026			Fixed		Variable		3 Months				6 Months				12 Months				24 Months
Assets
Cash	$	749,696	—	%	100	%	$	749,696	100	%	$	749,696	100	%	$	749,696	100	%	$	749,696	100	%
Investments	4,935,286		51	%	49	%	1,935,311		39	%	2,007,732		41	%	2,023,048		41	%	2,029,555		41	%
Loans	19,240,856		50	%	50	%	8,371,946		44	%	8,952,728		47	%	9,771,498		51	%	10,264,074		53	%
	$	24,925,838					$	11,056,953	44	%	$	11,710,156	47	%	$	12,544,242	50	%	$	13,043,325	52	%
Liabilities
Deposits	$	21,320,967	40	%	60	%	$	16,058,437	75	%	$	18,532,967	87	%	$	20,963,249	98	%	$	20,963,249	98	%
Borrowings	2,545,972		98	%	2	%	1,177,572		46	%	1,177,572		46	%	1,177,572		46	%	1,402,572		55	%
	$	23,866,939					$	17,236,009	72	%	$	19,710,539	83	%	$	22,140,821	93	%	$	22,365,821	94	%
1Includes the effect of derivatives.


	Quarter Ended
	March 31, 2026						June 30, 2026						September 30, 2026
	Average Balance		Interest		Average Rate		Average Balance		Interest		Average Rate		Average Balance		Interest		Average Rate
Assets
Loans receivable	$	19,916,014	$	262,148	5.34	%	$	20,067,639	$	267,243	5.34	%	$	20,022,304	$	270,935	5.37	%
Mortgage-backed securities	4,163,644		44,341		4.32		4,261,449		46,569		4.38		4,204,517		47,463		4.48
Cash & investments	1,410,981		15,711		4.52		1,379,508		15,147		4.40		1,329,914		13,953		4.16
FHLB Stock	135,738		2,534		7.57		163,777		3,166		7.75		146,142		4,142		11.24

Total interest-earning assets	25,626,377		324,734		5.14	%	25,872,373		332,125		5.15	%	25,702,877		336,493		5.19	%
Other assets	1,724,237						1,739,779						1,853,083
Total assets	$	27,350,614					$	27,612,152					$	27,555,960

Liabilities and Shareholders' Equity
Interest-bearing customer accounts	$	18,515,826	125,999		2.76	%	$	18,218,857	123,079		2.71	%	$	18,408,770	129,921		2.80	%
Borrowings	2,877,764		21,165		2.98		3,502,129		27,709		3.17		3,078,373		24,219		3.12


Total interest-bearing liabilities	21,393,590		147,164		2.79	%	21,720,986		150,788		2.78	%	21,487,143		154,140		2.85	%
Noninterest-bearing customer accounts	2,603,558						2,604,805						2,726,509
Other liabilities	319,343						277,991						311,746
Total liabilities	24,316,491						24,603,782						24,525,398
Shareholders’ equity	3,034,123						3,008,370						3,030,562
Total liabilities and equity	$	27,350,614					$	27,612,152					$	27,555,960

Net interest income/interest rate spread			$	177,570	2.35	%			$	181,337	2.36	%			$	182,353	2.35	%

Net interest margin(1)					2.81	%					2.81	%					2.81	%


	Year Ended
	September 30, 2025						September 30, 2026
	Average Balance		Interest		Average Rate		Average Balance		Interest		Average Rate
Assets
Loans receivable	$	20,651,307	$	1,119,937	5.42	%	$	19,981,452	$	1,064,533	5.33	%
Mortgage-backed securities	2,514,511		103,071		4.10		4,068,760		177,275		4.36
Cash & investments	2,065,658		106,400		5.15		1,390,888		62,100		4.46
FHLB Stock	106,338		10,041		9.44		137,385		11,940		8.69

Total interest-earning assets	25,337,814		1,339,449		5.29	%	25,578,485		1,315,848		5.14	%
Other assets	1,718,680						1,763,513
Total assets	$	27,056,494					$	27,341,998

Liabilities and Shareholders' Equity
Interest-bearing customer accounts	18,735,390		604,707		3.23	%	$	18,455,191	515,213		2.79	%
Borrowings	2,423,244		80,507		3.32		2,906,790		88,263		3.04


Total interest-bearing liabilities	21,158,634		685,214		3.24	%	21,361,981		603,476		2.83	%
Noninterest-bearing customer accounts	2,518,248						2,643,067
Other liabilities	352,673						310,193
Total liabilities	24,029,555						24,315,241
Shareholders’ equity	3,026,939						3,026,757
Total liabilities and equity	$	27,056,494					$	27,341,998

Net interest income/interest rate spread			$	654,235	2.05	%			$	712,372	2.32	%

Net interest margin(1)					2.58	%					2.79	%


						# of Loans
Type of Loans(1)	#Loans	AVG Size	Loans Amortized Cost			30	60	90	Total	% Based on #		$ Delinquent			% Based on $
September 30, 2026
Multi-Family	1,797	2,280		$	4,097,872	1	2	14	17	0.95	%		$	33,063	0.81	%
Commercial Real Estate	952	3,966		3,775,747		2	2	—	4	0.42			3,711		0.10
Commercial & Industrial	7,054	449		3,166,280		11	20	18	49	0.69			21,563		0.68
Construction	348	3,219		1,120,268		—	—	—	—	—			—		—
Land - Acquisition & Development	99	2,287		226,415		—	—	—	—	—			—		—
Single-Family Residential	18,728	346		6,480,733		37	17	60	114	0.61			33,899		0.52
Construction - Custom	9	1,399		12,591		—	—	—	—	—			—		—
Land - Consumer Lot Loans	724	94		68,162		1	2	3	6	0.83			541		0.79
HELOC	3,051	80		244,918		11	6	8	25	0.82			2,612		1.07
Consumer	4,439	11		47,870		27	56	38	121	2.73			665		1.39
	37,201	517		$	19,240,856	90	105	141	336	0.90	%		$	96,054	0.50	%

June 30, 2026
Multi-Family	1,828	2,542		$	4,645,902	—	3	12	15	0.82	%		$	35,928	0.77	%
Commercial Real Estate	1,193	3,039		3,626,043		2	2	—	4	0.34			10,032		0.28
Commercial & Industrial	6,265	495		3,101,192		5	11	24	40	0.64			63,938		2.06
Construction	350	2,903		1,015,908		—	—	—	—	—			—		—
Land - Acquisition & Development	88	2,105		185,232		—	—	—	—	—			—		—
Single-Family Residential	19,601	371		7,268,163		41	15	66	122	0.62			37,399		0.51
Construction - Custom	17	966		16,417		—	—	2	2	11.76			892		5.43
Land - Consumer Lot Loans	755	95		71,982		1	1	4	6	0.79			596		0.83
HELOC	3,810	65		247,584		13	5	6	24	0.63			2,593		1.05
Consumer	5,298	10		54,284		30	19	52	101	1.91			573		1.06
	39,205	516		$	20,232,707	92	56	166	314	0.80	%		$	151,951	0.75	%

March 31, 2026
Multi-Family	1,850	2,526		$	4,672,599	14	1	10	25	1.35	%		$	48,153	1.03	%
Commercial Real Estate	1,224	2,984		3,652,683		3	—	2	5	0.41			2,692		0.07
Commercial & Industrial	6,237	448		2,791,133		58	14	15	87	1.39			62,239		2.23
Construction	355	2,696		956,957		—	—	—	—	—			—		—
Land - Acquisition & Development	83	2,031		168,566		—	—	—	—	—			—		—
Single-Family Residential	20,019	375		7,501,331		41	11	79	131	0.65			39,929		0.53
Construction - Custom	48	810		38,867		1	—	1	2	4.17			892		2.30
Land - Consumer Lot Loans	787	98		76,763		—	—	5	5	0.64			325		0.42
HELOC	3,951	65		255,352		12	4	7	23	0.58			1,895		0.74
Consumer	5,309	10		54,682		32	25	41	98	1.85			590		1.08
	39,863	506		$	20,168,933	161	55	160	376	0.94	%		$	156,715	0.78	%


Tangible Common Shareholders' Book Value	As of 03/26		As of 06/26		As of 09/26
$ Amount	$	2,235,772	$	2,278,899	$	2,258,511
Per Share	30.27		30.82		30.51

# of Employees	2,070		2,055		2,014

Investments
Available-for-sale:
Agency MBS	$	3,478,537	$	3,377,403	$	3,267,135
Other	873,721		812,860		781,270
	$	4,352,258	$	4,190,263	$	4,048,405
Held-to-maturity:
Agency MBS	$	745,727	$	858,261	$	886,881
	$	745,727	$	858,261	$	886,881


	03/26 QTR		03/26 YTD		06/26 QTR		06/26 YTD		09/26 QTR		09/26 YTD
MBS Repayments	$	107,198	$	224,480	$	124,611	$	349,091	$	106,433	$	455,524
MBS Net Premium Amortization	$	4,076	$	7,352	$	4,569	$	11,921	$	4,329	$	16,250


	03/26 QTR		03/26 YTD		06/26 QTR		06/26 YTD		09/26 QTR		09/26 YTD
Net Premium(Discount) Amortization on Acquired Deposits and Borrowings	$	(1,137)	$	(2,299)	$	(1,149)	$	(3,448)	$	(422)	$	(3,870)


Historical CPR Rates (c)
Average for Quarter Ended:	WAFD SFR Mortgages		WAFD GSE MBS
9/30/2024	8.6	%	12.9	%
12/31/2024	8.1	%	12.7	%
3/31/2025	8.1	%	9.1	%
6/30/2025	9.0	%	12.5	%
9/30/2025	7.5	%	13.7	%
12/31/2025	9.6	%	13.3	%
3/31/2026	8.1	%	12.9	%
6/30/2026	9.5	%	11.3	%
9/30/2026	7.6	%	9.7	%


Interest Rate Risk(b)	As of 03/26			As of 06/26			As of 09/26

NPV post up 100 bps shock		10.6	%		11.0	%		10.7	%
NPV post down 100 bps shock		12.6	%		12.8	%		12.4	%
Change in NII after up 100 bps shock		(0.1	%)		0.9	%		4.0	%
Change in NII after down 100 bps shock		6.2	%		5.4	%		1.9	%
(b)Assumes no balance sheet management actions taken.


			WaFd Fact Sheet Q4 2026			1


			WaFd Fact Sheet Q4 2026			2


			WaFd Fact Sheet Q4 2026			3


			WaFd Fact Sheet Q4 2026			4