WaFd Q3 net interest income rises 8% on wider margin; credit-loss provision jumps to $11M

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 5, 2025 · ~1 min read

Key Changes

• high

  Net interest income rose to $181.3M from $168.0M a year earlier, and net interest margin expanded to 2.81% from 2.69%, driven by lower funding costs.

  MD&A: Net Interest Income verify on EDGAR →
• high

  Provision for credit losses increased to $11.0M from $2.0M a year ago, reflecting growth in commercial and construction loans and concerns about adversely classified loans.

  MD&A: Credit Losses verify on EDGAR →
• medium

  Commercial loan originations now account for 95% of total originations, up from 77% a year earlier, as the bank continues to exit single-family mortgage lending.

  MD&A: Loan Mix verify on EDGAR →