Washington Fed Pref Share WAFDP 4.875 Perp 04/15/26 | 10-K: FY2025 Revenue: USD 1.411 B

Revenue: As of FY2025, the actual value is USD 1.411 B.

EPS: As of FY2025, the actual value is USD 2.63.

EBIT: As of FY2025, the actual value is USD -363.97 M.

Segment Revenue

• Commercial Loans: Total commercial loans amounted to $12,651,754,000, representing 59.5% of total loans as of September 30, 2025.
• Consumer Loans: Total consumer loans amounted to $8,622,638,000, representing 40.5% of total loans as of September 30, 2025.

Operational Metrics

• Net Income: Net income for the year ended September 30, 2025, was $226,068,000, an increase of 13.0% compared to $200,041,000 for the year ended September 30, 2024.
• Allowance for Credit Losses: The allowance for loan losses decreased by $4,033,000, or 1.98%, from $203,753,000 as of September 30, 2024, to $199,720,000 at September 30, 2025.

Cash Flow

• Operating Cash Flow: Net cash provided by operating activities was $236,952,000 for the year ended September 30, 2025.
• Free Cash Flow: Cash and cash equivalents decreased to $657,310,000 at September 30, 2025, from $2,381,102,000 at September 30, 2024, reflecting cash used to reduce borrowings and purchase investment securities during the year.

Unique Metrics

• Loan Portfolio: Loans receivable, net of related contra accounts, decreased $827,736,000, or 4.0%, to $20,088,618,000 at September 30, 2025.

Outlook / Guidance

• The Company expects to continue focusing on commercial lending, coupled with growing economies in all major markets in which it operates.
• Management believes the Company’s strong equity position allows it to manage balance sheet risk and provide the capital support needed for controlled growth in a regulated environment.
• The Company has taken steps, including growing commercial loans having shorter average lives and transaction deposit accounts, to position itself for changing interest rates.