BlastPoint's Banking Scorecard

WaFd Bank

$10B-$250B Specialty: Commercial WA FDIC cert 28088

Seattle, WA

214 branches across WA · OR · AZ · ID · NM · CA · UT · NV · TX

NEW · Q2 2026 RECAP

Your Quarter, Wrapped

A 35-second highlight reel of your Q2 — the wins worth celebrating and the one signal worth watching, pulled straight from your scorecard data.

Q2 2026 at a glance

1 of 139 banks in the $10B-$250B peer group nationwide — 1 of 3 in WA.
Deposits -2.1% year over year ($21.1B on the books).
Delinquency rate 0.64%.
Return on assets 0.99%.
Efficiency ratio 52.58% vs a 53.67% peer average.
Loan-to-deposit ratio 95.11% vs a 82.61% peer average.

Animation disabled (reduced-motion preference). Full details in the Core Metrics table below.

139 banks in the $10B-$250B peer group nationally 3 in WA

View $10B-$250B leaderboard (WA) →

WaFd Bank has 2 strengths but faces 3 concerns

Key Strengths include matched growth signatures, metrics ranked in the top 10%, and values meaningfully above the tier average.

Key Concerns include matched risk or decline signatures, metrics ranked in the bottom 10%, and values meaningfully below the tier average.

Key Strengths

Areas where this bank excels compared to peers

+ Efficiency Ratio 1.09% below tier average
+ Delinquency Rate 0.38% below tier average

Key Concerns

Areas that may need attention

- Liquidity Strain: Bottom 7.5% in tier
- ROA 0.40% below tier average
- Net Interest Margin 1.05% below tier average

Get updates when WaFd Bank releases new data →

Core Metrics

As of 2026-Q2

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
Total Assets ?	$27.6B +3.2% YoY +0.1% QoQ	-$16.0B	$43.6B -13.8% YoY	$3.2B +7.3% YoY	$6.3B +7.7% YoY	57%
Total Loans ?	$20.0B -1.3% YoY +0.3% QoQ	-$7.9B	$28.0B -8.6% YoY	$2.3B +6.2% YoY	$3.2B +9.4% YoY	60%
Total Deposits ?	$21.1B -2.1% YoY -0.9% QoQ	-$14.4B	$35.4B -14.0% YoY	$2.6B +6.6% YoY	$4.9B +7.3% YoY	53%
Return on Assets ?	0.99% +11.4% YoY -0.2% QoQ	-0.40%	1.39% +25.9% YoY	0.49% -20.7% YoY	1.30% +12.1% YoY	23%
Net Interest Margin ?	2.87% +8.7% YoY +0.9% QoQ	-1.05%	3.92% +8.9% YoY	3.77% +1.0% YoY	3.95% +4.9% YoY	17%
Efficiency Ratio ?	52.58% -4.5% YoY -1.5% QoQ	-1.09%	53.67% -1.9% YoY	77.86% +4.3% YoY	70.05% +2.5% YoY	60%
Delinquency Rate ?	0.64% +56.3% YoY +2.7% QoQ	-0.38%	1.01% -2.8% YoY	2.42% +282.9% YoY	0.98% +16.3% YoY	57%
Loan-to-Deposit Ratio ?	95.11% +0.9% YoY +1.2% QoQ	+12.49%	82.61% +3.1% YoY	82.67% -3.3% YoY	79.03% +2.3% YoY	16%
Non-Interest-Bearing Deposit Share ?	13.29% +8.4% YoY +3.9% QoQ	-7.29%	20.58% +4.9% YoY	25.26% +1.1% YoY	21.98% -0.6% YoY	23%
Nonperforming Asset Ratio ?	0.49% +40.1% YoY +2.8% QoQ	-0.24%	0.73% +5.8% YoY	1.67% +187.6% YoY	0.69% +15.8% YoY	50%
Tier 1 Capital Ratio ?	12.95% -3.6% YoY -0.6% QoQ	-2.40%	15.35% -0.4% YoY	12.96% -1.6% YoY	17.09% +0.8% YoY	50%
Non-Interest Income / Assets ?	0.14% +14.3% YoY +124.2% QoQ	-0.36%	0.50% +10.5% YoY	0.42% +15.9% YoY	0.66% +5.2% YoY	Bottom 12.9% in tier

Additional Detail

Deposit mix, loan mix, capital, efficiency, asset quality & profitability · As of 2026-Q2

Deposit Composition

% of total deposits

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
Noninterest-Bearing	13.3% +1.0pp YoY +0.5pp QoQ	-7.7pp	21.0%	25.3%	22.2%	21%
Brokered Deposits	7.2% -0.5pp YoY +0.1pp QoQ	-2.0pp	9.2%	8.9%	8.5%	59%

Loan Composition

% of total loans & leases

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
C&I	11.0% +3.0pp YoY +1.2pp QoQ	-6.1pp	17.2%	10.5%	12.5%	30%
CRE	50.9% +0.8pp YoY +0.2pp QoQ	+8.9pp	42.0%	50.6%	41.4%	66%
1-4 Family	38.0% -3.8pp YoY -1.3pp QoQ	+14.9pp	23.1%	30.1%	31.3%	90%
Consumer	0.3% -0.1pp YoY 0.0pp QoQ	-12.6pp	12.9%	7.9%	5.0%	16%

Capital

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
CET1 Ratio	12.9% -0.5pp YoY -0.1pp QoQ	-2.3pp	15.3%	12.7%	19.7%	50%
Leverage Ratio	9.2% -0.3pp YoY 0.0pp QoQ	-1.2pp	10.4%	10.7%	12.6%	21%
Total Capital Ratio	14.1% -0.4pp YoY -0.1pp QoQ	-2.4pp	16.5%	13.8%	20.8%	51%

Efficiency & Staffing

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
Full-Time Employees	2,054 +50 (+2.5%) YoY -15 (-0.7%) QoQ	-1,204	3,258	343	482	54%
Assets per Employee ($)	$13.4M +0.7% YoY +0.8% QoQ	-$13.6M	$27.0M	$8.5M	$8.8M	58%
Branch Count	214 +3 (+1.4%) YoY +1 (+0.5%) QoQ	+76	137	24	18	79%

Asset Quality

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
Past Due 90+ Days	n/a	n/a	0.4%	0.4%	0.4%	n/a
Nonaccrual	0.6% +0.2pp YoY 0.0pp QoQ	-0.1pp	0.7%	2.6%	1.0%	50%
Allowance Coverage	1.68x -29.9% YoY +3.3% QoQ	-1.13x	2.81x	4.50x	20.23x	48%
Net Charge-off Rate (YTD)	0.0% -0.1pp YoY 0.0pp QoQ	-0.4pp	0.4%	0.4%	0.2%	10%

Profitability

Metric	Current	vs Tier	Tier Avg	State Avg (WA)	National Avg	Tier Percentile
ROE	9.0% +0.9pp YoY 0.0pp QoQ	-3.7pp	12.6%	-2.7%	11.6%	27%
Cost of Funds (YTD)	2.3% -0.3pp YoY 0.0pp QoQ	+0.4pp	2.0%	1.8%	1.7%	73%
Net Income ($, YTD)	$135.9M +11.9% YoY — QoQ	-$160.9M	$296.8M	$14.3M	$40.4M	42%

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$250B+

12 performance metrics with tier, state, and national benchmarks

Signature behaviors (strengths & concerns)

Metric and signature rankings across 4,287 FDIC-insured banks

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Signature Analysis

Composite behavioral patterns that combine multiple metrics to identify what stands out about this bank. Matched signatures only; metric-level callouts appear in the Key Strengths / Key Concerns summary above.

Strengths are growth signatures this bank matches (e.g. Revenue Diversifier, Profitability Leader).

Concerns are risk or decline signatures this bank matches (e.g. Margin Compression, Credit Quality Pressure).

Strengths (0)

No matched strength signatures this quarter

Concerns (1)

Liquidity Strain

risk

#4 of 40 • Bottom 7.5% in tier

Loan-to-deposit ratio above 90% - loan demand outpacing deposits. Bumping against liquidity limits, funding solutions needed.

Why this signature

Loan-to-Deposit Ratio: 95.11%

(Tier: 82.61%, National: 79.03%)

worse than tier avg

40 of 40 Large banks match · 1092 nationally

→ Stable +81 banks QoQ | QoQ rank declining

Metric Rankings

See how this bank ranks across all tracked metrics compared to peers.

Strengths are metrics in the top 25% (75th percentile or higher).

Concerns are metrics in the bottom 25% (25th percentile or lower).

Compare against:

Comparing against 139 peers in $10B-$250B

Top Strengths (0 metrics)

No strength rankings available

Top Weaknesses (5 metrics)

122

Non-Interest Income / Assets

revenue_mix

Value: 0.14%

Peer Median: 0.50%

#122 of 139 Bottom 12.9% in $10B-$250B

118

Loan-to-Deposit Ratio

liquidity

Value: 95.11%

Peer Median: 82.61%

#118 of 139 Bottom 15.8% in $10B-$250B

117

Net Interest Margin

profitability

Value: 2.87%

Peer Median: 3.92%

#117 of 139 Bottom 16.5% in $10B-$250B

108

Non-Interest-Bearing Deposit Share

funding

Value: 13.29%

Peer Median: 20.58%

#108 of 139 Bottom 23.0% in $10B-$250B

108

Return on Assets

profitability

Value: 0.99%

Peer Median: 1.39%

#108 of 139 Bottom 23.0% in $10B-$250B