Net Interest Margin (Bank Only) % is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
GuruFocus calculates Net Interest Margin (Bank Only) % as Net Interest Income (for Banks) divided by its average earning assets. Washington Federal's annualizedNet Interest Income (for Banks) for the quarter that ended in Mar. 2026 was $710.28 Mil. Washington Federal's average earning assets for the quarter that ended in Mar. 2026 was $24,910.10 Mil. Therefore, Washington Federal's annualized Net Interest Margin (Bank Only) % for the quarter that ended in Mar. 2026 was 2.85%.
Washington Federal (NAS:WFSLW) Net Interest Margin (Bank Only) % Explanation
The negative value of Net Interest Margin (Bank Only) % mean the firm pays more interest for its debt than the interest revenue generated from its investment.
Washington Federal Net Interest Margin (Bank Only) % Related Terms
Washington Federal Net Interest Margin (Bank Only) % Historical Data
* Premium members only.
The historical data trend for Washington Federal's Net Interest Margin (Bank Only) % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Washington Federal Net Interest Margin (Bank Only) % Chart
WFSLW vs TRMK, FBK, CUBI: Net Interest Margin (Bank Only) % Comparison
For the Banks - Regional subindustry, Washington Federal's Net Interest Margin (Bank Only) %, along with its competitors' market caps and Net Interest Margin (Bank Only) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Washington Federal Net Interest Margin (Bank Only) % vs Banks Industry
For the Banks industry and Financial Services sector, Washington Federal's Net Interest Margin (Bank Only) % distribution charts can be found below:
* The bar in red indicates where Washington Federal's Net Interest Margin (Bank Only) % falls into.
Washington Federal Net Interest Margin (Bank Only) % Calculation
Net Interest Margin (Bank Only) % (NIM) is a measure of the difference between the interest income generated by banks or other financial institutions and the amount of interest paid out to their lenders (for example, deposits), relative to the amount of their interest-earning assets. It is usually calculated as a percentage of what the financial institution earns on loans in a time period and other assets minus the interest paid on borrowed funds divided by the average amount of the assets on which it earned income in that time period (the average earning assets).
Washington Federal's annualized Net Interest Margin (Bank Only) % for the fiscal year that ended in Sep. 2025 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Net Interest Margin (Bank Only) %, the Net Interest Income (for Banks) of the last fiscal year and the average earning assets over the fiscal year are used. In calculating the quarterly data,
the Net Interest Income (for Banks) data used here is four times the quarterly (Mar. 2026) net interest income data.
Net Interest Margin (Bank Only) % is displayed in the 30-year financial page for Banks.
What does a Net Interest Margin (Bank Only) % of 2.85% mean?
Washington Federal (WFSLW) has a Net Interest Margin (Bank Only) % of 2.85% as of Mar. 2026. Net interest margin is the ratio of a bank's net interest income to its average two-period earning assets. View historical data on Washington Federal and its competitors.
Is Washington Federal's Net Interest Margin (Bank Only) % too high?
Washington Federal's current Net Interest Margin (Bank Only) % is 2.85%. Overall, Washington Federal has a GF Score™ of 64/100, reflecting its overall financial health beyond just this single metric.
How does Washington Federal's Net Interest Margin (Bank Only) % compare to TRMK and FBK?
Washington Federal's Net Interest Margin (Bank Only) % of 2.85% can be compared against companies in the Banks industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Interest Margin (Bank Only) % for a Banks company?
A good Net Interest Margin (Bank Only) % depends on the Banks industry context. However, Net Interest Margin (Bank Only) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Interest Margin (Bank Only) % mean?
A high Net Interest Margin (Bank Only) % can signal that a stock is expensive relative to its fundamentals. Net interest margin is the ratio of a bank's net interest income to its average two-period earning assets. View historical data on Washington Federal and its competitors. Washington Federal's current Net Interest Margin (Bank Only) % is 2.85%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Washington Federal stock overvalued right now?
Washington Federal (WFSLW) has a current Net Interest Margin (Bank Only) % of 2.85%. The current Net Interest Margin (Bank Only) % is 2.85%. Washington Federal's overall GF Score™ is 64/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Interest Margin (Bank Only) % calculated?
Net Interest Margin (Bank Only) % is calculated from a company's financial statements. For Washington Federal (WFSLW), the current Net Interest Margin (Bank Only) % is 2.85% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
WaFd Inc is engaged in providing lending, depository, insurance, and other banking services to consumers, mid-sized to large businesses, and owners and developers of commercial real estate. Through the WaFd Bank, it is involved in 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 among others. The Bank also invests in certain United States government and agency obligations along with other investments and also performs insurance brokerage activities. Geographically, it operates in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, California and Texas.
64GF Score
Get the complete analysis for WFSLW
Net Interest Margin (Bank Only) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WFSLW has been successfully added to your 
