WAFD Stock Analysis
WA
Uncovered
Washington Federal Inc is uncovered by Eyestock quantitative analysis.
Upside
To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.
Undervalued
Washington Federal, Inc. engages in the provision of lending, depository, insurance, and other banking services to consumers. The company is headquartered in Seattle, Washington and currently employs 2,132 full-time employees. The firm conducts its primary business through its subsidiary, Washington Federal Bank, a Washington state chartered commercial bank doing business as WaFd Bank (the Bank). The Bank is engaged primarily in providing lending, depository, insurance and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. The Bank's business consists of accepting deposits from the general public and investing these funds in loans of various types, including first lien mortgages on single-family dwellings, construction loans, land acquisition and development loans, loans on multi-family, commercial real estate and other income producing properties, home equity loans and business loans. The company has approximately 201 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico and Texas. Through the Bank's subsidiaries, it is also engaged in insurance brokerage activities.