WaFd Bank: Peer Group Comparison
Data as of · peers are US banks in the same asset tier. How we update
This page benchmarks WaFd Bank of Seattle, WA against its peer group of 134 similarly-sized US banks as of Q2 2026. For each metric the bank's value is shown next to the peer-group average and the bank's percentile rank and quartile within the cohort, the same peer-benchmarking regulators use to judge whether a bank is an outlier. Top quartile means the bank ranks in the strongest 25% of its peers on that measure.
How to read the two peer columns: Peer avg is the simple mean of the peer group. The percentile is the share of peers this bank outperforms, and the tag beside it compares the bank with the median peer: above means the bank is in the better half, top means the best quarter. A skewed group can pull the mean away from the median, so a bank can sit behind the peer average and still rank above the median peer.
Profitability
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| ROAA | 0.98% | 1.35% | -0.37% | 23rd bottom |
| ROAE | 9.03% | 12.31% | -3.28% | 28th below |
| Net Interest Margin | 2.82% | 3.68% | -0.86% | 14th bottom |
| Efficiency Ratio | 51.77% | 53.83% | -2.06% | 60th above |
| PPNR / Avg Assets | 1.41% | 1.96% | -0.55% | 24th bottom |
| Yield on Earning Assets | 5.10% | 5.57% | -0.47% | 31st below |
| Cost of Funds | 2.48% | 1.99% | +0.49% | 22nd bottom |
| Net Interest Spread | 2.32% | 2.98% | -0.66% | 21st bottom |
Asset Quality
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| NPL / Total Loans | 1.15% | 1.05% | +0.10% | 27th below |
| NPA / Total Assets | 0.87% | 0.76% | +0.11% | 27th below |
| NCO / Avg Loans | 0.03% | 0.36% | -0.33% | 81st top |
| ACL / Total Loans | 1.06% | 1.38% | -0.32% | 34th below |
| ACL / NPLs (Coverage) | 92.64% | 210.78% | -118.14% | 25th below |
| Texas Ratio Ahead of the peer average, behind the median peer. | 8.58% | 10.25% | -1.67% | 31st below |
| Provision / NCO | 792.57% | 102.33% | +690.24% | 99th top |
Capital Adequacy
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| CET1 Ratio | 12.95% | 14.76% | -1.81% | 49th below |
| Tier 1 Ratio | 12.95% | 14.87% | -1.92% | 49th below |
| Total Capital Ratio Behind the peer average, ahead of the median peer. | 14.14% | 16.09% | -1.95% | 51st above |
| Leverage Ratio | 9.21% | 10.27% | -1.06% | 20th bottom |
| Equity / Assets | 10.98% | 11.55% | -0.57% | 41st below |
| TCE / Tangible Assets Ahead of the peer average, behind the median peer. | 9.52% | 9.48% | +0.04% | 49th below |
Liquidity & Funding
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Loan / Deposit | 96.13% | 83.80% | +12.33% | 15th bottom |
| Core Deposit Ratio | 82.12% | 86.80% | -4.68% | 22nd bottom |
| Uninsured Deposit Ratio | 31.10% | 38.99% | -7.89% | 72nd above |
| Wholesale Funding Ratio | 11.83% | 5.60% | +6.23% | 10th bottom |
Growth & Management
| Metric | This bank | Peer avg | Diff | Rank vs median peer |
|---|---|---|---|---|
| Asset Growth (Y/Y) | 3.21% | 10.13% | -6.92% | 34th below |
| Loan Growth (Y/Y) | -1.20% | 10.20% | -11.40% | 13th bottom |
| Deposit Growth (Y/Y) | -2.15% | 10.03% | -12.18% | 10th bottom |
See WaFd Bank's peers by name
The 134 banks in this peer group, by name · build custom peer groups · percentile history · Excel export
Unlock WaFd Bank, freeSource: FFIEC call reports + UBPR, standardized by BankRegReports. Peer averages and percentiles are computed against US banks in the same asset tier, point-in-time as filed. See the full WaFd Bank profile, how to read a UBPR, or how this data updates.