Document


	As of 12/25					As of 03/26					As of 06/26
Allowance for Credit Losses (ACL) - Total	$	221,039				$	224,450				$	233,831
ACL - Loans	199,539					201,950					214,831
ACL - Unfunded Commitments	21,500					22,500					19,000
Total ACL as a % of Gross Loans	1.05		%			1.05		%			1.08		%







Active Loan Types	12/25 QTR			12/25 YTD		03/26 QTR			03/26 YTD		06/26 QTR			06/26 YTD
Originations & Advances
Multi-Family	$	131,805		$	131,805	$	114,375		$	246,180	$	126,087		$	372,267
Commercial Real Estate	123,439			123,439		229,982			353,421		144,484			497,905
Commercial & Industrial	502,134			502,134		564,961			1,067,095		740,817			1,807,912
Construction	276,368			276,369		533,444			809,813		406,686			1,216,499
Land - Acquisition & Development	18,650			18,650		37,748			56,398		38,505			94,903
Consumer	40,745			40,745		41,550			82,295		43,280			125,575
	$	1,093,141		$	1,093,142	$	1,522,060		$	2,615,202	$	1,499,859		$	4,115,061
Repayments & Payoffs
Multi-Family	$	169,890		$	169,890	$	144,320		$	314,210	$	201,518		$	515,728
Commercial Real Estate	191,596			191,596		132,833			324,429		209,236			533,665
Commercial & Industrial	371,788			371,788		297,043			668,831		423,451			1,092,282
Construction	220,062			220,062		230,260			450,322		144,673			594,995
Land - Acquisition & Development	19,981			19,981		18,473			38,454		16,281			54,735
Consumer	49,090			49,090		36,475			85,565		40,813			126,378
	$	1,022,407		$	1,022,407	$	859,404		$	1,881,811	$	1,035,972		$	2,917,783
Inactive Loan Types
Originations & Advances
Single-Family Residential	—			—		30			30		4			34
Construction - Custom	—			—		—			—		—			—
Land - Consumer Lot Loans	—			—		—			—		—			—
HELOC	25,407			25,407		20,566			45,973		22,610			68,583
	$	25,407		$	25,407	$	20,596		$	46,003	$	22,614		$	68,617
Repayments & Payoffs
Single-Family Residential	270,137			270,137		232,157			502,294		256,011			758,305
Construction - Custom	12,799			12,799		8,628			21,427		7,859			29,286
Land - Consumer Lot Loans	6,254			6,254		5,702			11,956		4,821			16,777
HELOC	32,038			32,038		29,496			61,534		30,202			91,736
	$	321,228		$	321,228	$	275,983		$	597,211	$	298,893		$	896,104

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

Weighted Average Rate on Originations	5.99		%			6.22		%			6.31		%
Weighted Average Rate on Payoffs	6.31		%			6.12		%			6.06		%

Net Loan Fee Accretion	$	3,267		$	3,267	$	4,104		$	7,371	$	4,584		$	11,955
Net Discount Accretion on Acquired Loans	$	6,101		$	6,101	$	5,764		$	11,865	$	7,166		$	19,031

($ in Thousands)


	As of 12/25				As of 03/26				As of 06/26
Loans Receivable by Category	Amount		%		Amount		%		Amount		%
Multi-Family	$	4,698,342	22.3	%	$	4,750,092	22.2	%	$	4,721,719	21.8	%
Commercial Real Estate	3,561,865		17.0		3,670,285		17.0		3,642,259		16.8
Commercial & Industrial	2,530,666		12.0		2,798,568		13.1		3,110,005		14.4
Construction	1,742,158		8.3		1,955,180		9.1		2,144,343		9.9
Land - Acquisition & Development	177,768		0.8		197,044		0.9		219,267		1.0
Consumer	52,701		0.3		54,649		0.3		54,245		0.3
Total Active	12,763,500		60.7		13,425,818		62.6		13,891,838		64.2
Single-Family Residential	7,823,718		37.2		7,618,273		35.5		7,389,117		34.2
Construction - Custom	105,576		0.5		69,520		0.3		35,260		0.2
Land - Consumer Lot Loans	83,046		0.4		77,275		0.4		72,451		0.3
HELOC	261,240		1.3		252,319		1.2		244,726		1.1
Total Inactive	8,273,580		39.3		8,017,387		37.4		7,741,554		35.8
	21,037,080		100	%	21,443,205		100	%	21,633,392		100	%
Less:
Loans in Process	783,233				1,063,129				1,186,436
Net Deferred Fees, Costs and Discounts	206,152				211,143				214,249
Loans at Amortized Cost	20,047,695				20,168,933				20,232,707

Less:
Allowance for Credit Losses (ACL) - Loans	199,539				201,950				214,831
Net Loans	$	19,848,156			$	19,966,983			$	20,017,876

Net Loan Portfolio by Category	Amount		%		Amount		%		Amount		%
Multi-Family	$	4,591,242	23.2	%	$	4,646,676	23.4	%	$	4,620,256	23.1	%
Commercial Real Estate	3,505,521		17.7		3,611,179		18.1		3,585,271		17.9
Commercial & Industrial	2,462,384		12.4		2,722,472		13.6		3,016,298		15.1
Construction	1,025,434		5.2		940,245		4.7		997,813		5.0
Land - Acquisition & Development	139,326		0.7		160,874		0.8		176,772		0.9
Consumer	50,194		0.3		51,876		0.3		51,422		0.2
Total Active	11,774,101		59.3		12,133,322		60.8		12,447,832		62.2
Single-Family Residential	7,674,094		38.7		7,467,652		37.4		7,238,660		36.2
Construction - Custom	57,916		0.3		38,565		0.2		16,289		0.1
Land - Consumer Lot Loans	80,533		0.3		74,942		0.3		70,275		0.3
HELOC	261,512		1.4		252,502		1.3		244,820		1.2
Total Inactive	8,074,055		40.7		7,833,661		39.2		7,570,044		37.8
	$	19,848,156	100	%	$	19,966,983	100	%	$	20,017,876	100	%


Loan Contractual Term to Maturity or Repricing1	Amount		Rate		Amount		Rate		Amount		Rate
Within 3 months	$	7,195,026	6.67%		$	7,186,683	6.57%		$	7,963,909	6.52%
From 4 to 6 months	348,029		4.39		697,759		5.07		470,224		3.80
From 7 to 9 months	549,421		4.41		479,410		4.01		512,905		4.48
From 10 to 12 months	452,195		3.95		500,864		4.51		693,753		4.31
1 to 3 years	2,210,585		4.48		2,290,380		4.60		1,739,306		4.83
3 to 5 years	1,831,468		5.17		1,735,993		5.21		1,810,329		5.26
More than 5 years	7,460,971		4.18		7,277,844		4.18		7,042,281		4.20
Total	$	20,047,695	5.20	%	$	20,168,933	5.20	%	$	20,232,707	5.27	%
1Includes the effect of derivatives.


	As of 12/25					As of 03/26					As of 06/26
Loans by State	Amount			%		Amount			%		Amount			%
Washington	$	5,483,287		27.4	%	$	5,514,736		27.3	%	$	5,538,787		27.4	%
Idaho	889,654			4.4		897,510			4.4		940,568			4.6
Oregon	2,393,259			11.9		2,310,279			11.5		2,316,967			11.5
Utah	1,875,494			9.4		1,810,775			9.0		1,858,178			9.2
Nevada	810,694			4.0		794,031			3.9		800,934			4.0
Texas	2,323,979			11.6		2,472,011			12.3		2,396,012			11.8
Arizona	2,230,436			11.1		2,266,443			11.2		2,150,510			10.6
New Mexico	800,433			4.0		804,986			4.0		803,561			4.0
California	2,779,329			13.9		2,753,103			13.7		2,762,531			13.7
Other	461,130			2.3		545,059			2.7		664,659			3.3
Total	$	20,047,695		100	%	$	20,168,933		100	%	$	20,232,707		100	%

Non-Performing Assets	Amount			%		Amount			%		Amount			%
Non-accrual loans:
Multi-Family	$	31,710		16.5	%	$	34,385		27.7	%	$	34,249		26.9	%
Commercial Real Estate	68,501			35.8		4,682			3.8		3,114			2.4
Commercial & Industrial	58,180			30.4		54,728			44.2		65,741			51.5
Construction	3,400			1.8		—			—		—			—
Land - Acquisition & Development	—			—		—			—		—			—
Single-Family Residential	26,579			13.9		28,188			22.8		22,445			17.6
Construction - Custom	2,054			1.1		760			0.6		892			0.7
Land - Consumer Lot Loans	270			0.1		325			0.3		239			0.2
HELOC	481			0.3		593			0.5		627			0.5
Consumer	173			0.1		198			0.2		262			0.2
Total non-accrual loans	191,348			100	%	123,859			100	%	127,569			100	%
Real Estate Owned	8,738					8,125					8,179
Other Property Owned	3,310					—					—
Total non-performing assets	$	203,396				$	131,984				$	135,748

Non-accrual loans as % of total net loans	0.96		%			0.62		%			0.64		%
Non-performing assets as % of total assets	0.75		%			0.48		%			0.49		%

Net Charge-offs (Recoveries) by Category	12/25 QTR			CO % (a)		3/26 QTR			CO % (a)		6/26 QTR			CO % (a)
Multi-Family	$	—		—	%	$	81		0.01	%	$	—		—	%
Commercial Real Estate	(648)			(0.07)		(7)			—		272			0.03
Commercial & Industrial	4,191			0.66		124			0.02		600			0.08
Construction	—			—		—			—		—			—
Land - Acquisition & Development	(109)			(0.25)		(7)			(0.01)		(6)			(0.01)
Single-Family Residential	45			—		25			—		(11)			—
Construction - Custom	(2)			(0.01)		(2)			(0.01)		(2)			(0.02)
Land - Consumer Lot Loans	—			—		—			—		—			—
HELOC	—			—		(1)			—		(1)			—
Consumer	204			1.55		376			2.75		767			5.66
Total net charge-offs (recoveries)	$	3,681		0.07	%	$	589		0.01	%	$	1,619		0.03	%


	12/25 QTR			12/25 YTD			03/26 QTR			03/26 YTD			06/26 QTR			06/26 YTD
Efficiency
Operating Expenses/Average Assets	1.57		%	1.57		%	1.61		%	1.59		%	1.60		%	1.59		%
Efficiency Ratio (%)	55.25		%	55.25		%	55.66		%	55.45		%	53.69		%	54.84		%
Amortization of Intangibles	$	2,058		$	2,058		$	1,974		$	4,032		$	1,841		$	5,873

EOP Numbers
Shares Issued and Outstanding	76,448,351						73,855,919						73,954,133

Share repurchase information
Remaining shares authorized for repurchase	6,256,136						7,992,669						7,992,669
Shares repurchased	1,950,013			1,950,013			2,738,096			4,688,109			8,806			4,696,915
Average share repurchase price	$	29.75		$	29.75		$	31.85		$	30.98		$	36.20		$	30.99


	As of 12/25					As of 03/26					As of 06/26
Deposits & Branches by State	Amount		%		#	Amount		%		#	Amount		%		#
Washington	$	8,479,452	39.6	%	73	$	8,504,298	40.3	%	73	$	8,511,128	40.7	%	74
Idaho	936,443		4.4		21	926,134		4.4		21	920,533		4.4		21
Oregon	2,926,616		13.7		36	2,827,773		13.4		36	2,723,445		13.0		36
Utah	550,998		2.6		9	558,689		2.6		9	544,563		2.6		9
Nevada	532,178		2.6		8	544,906		2.6		8	560,858		2.7		8
Texas	1,171,402		5.4		5	961,614		4.5		5	941,031		4.4		6
Arizona	1,651,572		7.7		28	1,671,233		7.9		28	1,647,667		7.9		28
New Mexico	1,675,873		7.8		18	1,799,259		8.5		18	1,844,266		8.8		18
California	3,492,436		16.3		10	3,330,245		15.8		10	3,238,584		15.5		10
Total	$	21,416,970	100	%	208	$	21,124,151	100	%	208	$	20,932,075	100	%	210

Deposits by Type	Amount		%			Amount		%			Amount		%
Non-Interest Checking	$	2,692,680	12.6	%		$	2,577,976	12.2	%		$	2,646,615	12.6	%
Interest Checking	5,187,008		24.2			5,151,103		24.4			4,991,715		23.9
Savings	722,188		3.5			726,630		3.5			712,829		3.4
Money Market	4,264,098		19.9			4,291,212		20.3			4,394,632		21.0
Time Deposits	8,550,996		39.9			8,377,230		39.6			8,186,284		39.1
Total	$	21,416,970	100	%		$	21,124,151	100	%		$	20,932,075	100	%

Deposits Uninsured & Non-collateralized - EOP	$	5,607,476	26.2	%		$	5,333,317	25.2	%		$	5,326,972	25.4	%

Time Deposit Repricing	Amount		Rate			Amount		Rate			Amount		Rate
Within 3 months	$	2,427,461	3.77	%		$	4,207,471	3.68	%		$	2,240,734	3.44	%
From 4 to 6 months	4,007,405		3.71	%		2,025,605		3.41	%		3,133,271		3.52	%
From 7 to 9 months	1,185,086		3.43	%		1,224,586		3.42	%		1,289,517		3.61	%
From 10 to 12 months	558,606		3.25	%		536,210		3.19	%		885,477		3.38	%
1 to 3 years	361,495		2.95	%		373,016		2.95	%		627,076		3.49	%
3 to 5 years	10,943		0.32	%		10,342		0.32	%		10,209		0.31	%

Borrowings (Effective Maturity)1	Amount		Rate			Amount		Rate			Amount		Rate
Within 3 months	$	800,000	3.70	%		$	1,425,000	3.85	%		$	1,645,000	3.86	%
From 4 to 6 months	—		—	%		118,879		4.52	%		249,798		4.15	%
From 7 to 9 months	117,970		4.52	%		150,000		3.81	%		—		—	%
From 10 to 12 months	150,000		3.81	%		—		—	%		—		—	%
1 to 3 years	225,000		3.41	%		225,000		3.51	%		225,000		3.58	%
3 to 5 years	993,562		1.06	%		993,562		1.09	%		993,561		1.17	%
More than 5 years	201,879		4.57	%		202,107		4.48	%		202,338		4.52	%

1Includes junior subordinated debentures


			Balance				Cumulative Maturity/Repricing Through1:
June 30, 2026			Fixed		Variable		3 Months				6 Months				12 Months				24 Months
Assets
Cash	$	676,467	—	%	100	%	$	676,467	100	%	$	676,467	100	%	$	676,467	100	%	$	676,467	100	%
Investments	5,048,524		52	%	48	%	1,944,367		39	%	1,954,931		39	%	1,965,100		39	%	1,978,638		39	%
Loans	20,232,707		48	%	52	%	7,963,909		39	%	8,434,133		42	%	9,640,792		48	%	10,557,127		52	%
	$	25,957,698					$	10,584,743	41	%	$	11,065,531	43	%	$	12,282,359	47	%	$	13,212,232	51	%
Liabilities
Deposits	$	20,932,075	39	%	61	%	$	14,986,524	72	%	$	18,119,795	87	%	$	20,294,759	97	%	$	20,498,334	98	%
Borrowings	3,315,697		98	%	2	%	1,697,338		51	%	1,947,136		59	%	1,947,136		59	%	1,947,136		59	%
	$	24,247,772					$	16,683,862	69	%	$	20,066,931	83	%	$	22,241,895	92	%	$	22,445,470	93	%
1Includes the effect of derivatives.


	Quarter Ended
	December 31, 2025						March 31, 2026						June 30, 2026
	Average Balance		Interest		Average Rate		Average Balance		Interest		Average Rate		Average Balance		Interest		Average Rate
Assets
Loans receivable	$	19,919,355	$	264,206	5.26	%	$	19,916,014	$	262,148	5.34	%	$	20,067,639	$	267,243	5.34	%
Mortgage-backed securities	3,649,588		38,902		4.23		4,163,644		44,341		4.32		4,261,449		46,569		4.38
Cash & investments	1,443,462		17,290		4.75		1,410,981		15,711		4.52		1,379,508		15,147		4.40
FHLB Stock	104,133		2,097		7.99		135,738		2,534		7.57		163,777		3,166		7.75

Total interest-earning assets	25,116,538		322,495		5.09	%	25,626,377		324,734		5.14	%	25,872,373		332,125		5.15	%
Other assets	1,735,851						1,724,237						1,739,536
Total assets	$	26,852,389					$	27,350,614					$	27,611,909

Liabilities and Shareholders' Equity
Interest-bearing customer accounts	$	18,676,059	136,214		2.89	%	$	18,515,826	125,999		2.76	%	$	18,218,857	123,079		2.71	%
Borrowings	2,174,736		15,171		2.77		2,877,764		21,165		2.98		3,502,129		27,708		3.17


Total interest-bearing liabilities	20,850,795		151,385		2.88	%	21,393,590		147,164		2.79	%	21,720,986		150,787		2.78	%
Noninterest-bearing customer accounts	2,636,122						2,603,558						2,604,805
Other liabilities	331,539						319,343						277,991
Total liabilities	23,818,456						24,316,491						24,603,782
Shareholders’ equity	3,033,933						3,034,123						3,008,370
Total liabilities and equity	$	26,852,389					$	27,350,614					$	27,612,152

Net interest income/interest rate spread			$	171,110	2.21	%			$	177,570	2.35	%			$	181,338	2.36	%

Net interest margin(1)					2.70	%					2.81	%					2.81	%


						# of Loans
Type of Loans	#Loans	AVG Size	Loans Amortized Cost			30	60	90	Total	% Based on #		$ Delinquent			% Based on $
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	%

December 31, 2025
Multi-Family	1,851	2,494		$	4,617,085	12	3	7	22	1.19	%		$	37,609	0.81	%
Commercial Real Estate	1,226	2,894		3,547,626		1	2	6	9	0.73			66,631		1.88
Commercial & Industrial	5,844	432		2,524,486		40	8	13	61	1.04			60,799		2.41
Construction	374	2,791		1,043,910		1	—	1	2	0.53			3,673		0.35
Land - Acquisition & Development	87	1,684		146,548		—	—	—	—	—			—		—
Single-Family Residential	20,355	379		7,709,942		45	16	67	128	0.63			40,712		0.53
Construction - Custom	89	656		58,371		—	—	2	2	2.25			2,055		3.52
Land - Consumer Lot Loans	827	100		82,490		2	2	4	8	0.97			415		0.50
HELOC	4,053	65		264,462		14	4	4	22	0.54			2,090		0.79
Consumer	6,954	8		52,775		35	19	36	90	1.29			406		0.77
	41,660	481		$	20,047,695	150	54	140	344	0.83	%		$	214,390	1.07	%


Tangible Common Shareholders' Book Value	As of 12/25		As of 03/26		As of 06/26
$ Amount	$	2,286,322	$	2,235,772	$	2,278,899
Per Share	29.91		30.27		30.82

# of Employees	2,049		2,070		2,055

Investments
Available-for-sale:
Agency MBS	$	3,236,388	$	3,478,537	$	3,377,403
Other	905,897		873,721		812,860
	$	4,142,285	$	4,352,258	$	4,190,263
Held-to-maturity:
Agency MBS	$	764,794	$	745,727	$	858,261
	$	764,794	$	745,727	$	858,261


	12/25 QTR		12/25 YTD		03/26 QTR		03/26 YTD		06/26 QTR		06/26 YTD
MBS Repayments	$	117,282	$	117,282	$	107,198	$	224,480	$	124,611	$	349,091
MBS Net Premium Amortization	$	3,276	$	3,276	$	4,076	$	7,352	$	4,569	$	11,921


	12/25 QTR		12/25 YTD		03/26 QTR		03/26 YTD		06/26 QTR		06/26 YTD
Net Premium(Discount) Amortization on Acquired Deposits and Borrowings	$	(1,162)	$	(1,162)	$	(1,137)	$	(2,299)	$	(1,149)	$	(3,448)


Historical CPR Rates (c)
Average for Quarter Ended:	WAFD SFR Mortgages		WAFD GSE MBS
6/30/2024	6.6	%	12.0	%
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	%


Interest Rate Risk(b)	As of 12/25			As of 03/26			As of 06/26

NPV post up 100 bps shock		10.7	%		10.6	%		11.0	%
NPV post down 100 bps shock		12.8	%		12.6	%		12.8	%
Change in NII after up 100 bps shock		(0.2	%)		(0.1	%)		0.9	%
Change in NII after down 100 bps shock		4.8	%		6.2	%		5.4	%
(b)Assumes no balance sheet management actions taken.


			WaFd Fact Sheet Q3 2026			1


			WaFd Fact Sheet Q3 2026			2


			WaFd Fact Sheet Q3 2026			3


			WaFd Fact Sheet Q3 2026			4