KBRA Releases Surveillance Report for WaFd, Inc.

On August 22, 2025, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, the preferred stock rating of BBB-, and the short-term debt rating of K2 for Seattle, Washington-based WaFd, Inc. (NASDAQ: WAFD). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for its main subsidiary, Washington Federal Bank. The Outlook for all long-term ratings is Stable.

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