•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last period
Wafd Inc
WAFD, WAFDP · WA · Mid-size bank ($1B to $50B)
Total assets of FDIC-insured bank subsidiaries: $26.7B at the end of 2025
Filings on the SEC website · This bank on Bankgraph
In short. In its 2025 annual report, Wafd Inc mentions AI in 18 passages. It lists AI as a risk, but the report does not say how AI is controlled.
In the 2025 annual reportThe yearly report a listed company files with the SEC, called a 10-K. It describes the business, its risks and its results.
Mentions AI
Yes
18 passages
Highest detail levelHow specific a passage is about AI at this bank. General: could be in any bank's report. Names an area: says where AI is used or how it is controlled. Concrete example: names a tool or vendor, gives a number, a date or a result.
General
What it says
Sees AI as a risk
Kinds of AI named
AI agents, Generative AI, Machine learning
How AI is controlled
Not described
AI in its annual reports over time
- What this shows
- How many passages about AI each annual report contains, 2023 to 2025, by what they say.
- What it means
- 0 passages in 2023, 18 passages in 2025.
- How to read it
- Each bar is a report year, split by what the passages say. Hover or tap a bar for the count.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
Show as a table
| Report year | Using or planning AI | Explains how AI is controlled | Sees AI as a risk | Other mentions |
|---|---|---|---|---|
| 2023 | ||||
| 2023 | ||||
| 2023 | ||||
| 2023 | ||||
| 2024 | ||||
| 2024 | ||||
| 2024 | ||||
| 2024 | ||||
| 2025 | ||||
| 2025 | ||||
| 2025 | ||||
| 2025 |
Compared with banks of its size
- What this shows
- This bank's 2025 annual report next to all 221 banks of its size ($1B to $50B).
- What it means
- Its most specific passage is "General"; for banks of its size the typical level is "General".
- How to read it
- Yes or no for this bank; the share of banks of the same size for comparison.
- Where it comes from
- Banks' annual reports (10-K) filed with the SEC, up to 6 Oct 2026. How we did this
| In the 2025 report | This bank | Banks of its size |
|---|---|---|
| Using AI now | No | 26 of 221 (12%) |
| Explains how AI is controlled | No | 55 of 221 (25%) |
| Sees AI as a risk | Yes | 184 of 221 (83%) |
| Mentions generative AI | Yes | 112 of 221 (51%) |
| Mentions AI agents | Yes | 18 of 221 (8%) |
What changed from 2024
14 passages new in the 2025 report, 2 passages from the 2024 report no longer there.
Every passage about AI
- What this shows
- All 29 passages about AI in this bank's annual reports, quarterly reports and earnings materials since 2023, newest first.
- What it means
- 0 passages say the bank is using AI now.
- How to read it
- Highlighted words are the terms that matched. Labels show what each passage says. Follow the link to read it in the filing.
- Where it comes from
- Banks' annual reports (10-K), quarterly reports (10-Q) and earnings materials (8-K) filed with the SEC. How we did this
Quarterly report, Q3 2026 filed 4 Aug 2026
Quarterly report, Q2 2026 filed 5 May 2026
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last period
Quarterly report, Q1 2026 filed 4 Feb 2026
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last period
Annual report, report year 2025 filed 18 Nov 2025
•risks associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last year
including through the use of rapidly evolving AI technologies, that attempts to gain unauthorized access, misuse information
Sees AI as a riskDetail: GeneralNew this year
and techniques, or to implement adequate and timely protective measures. The use of AI technologies by cybercriminals
Sees AI as a riskDetail: GeneralNew this year
attacks continues to grow in sophistication. Threat actors, including nation state attackers, could also use artificial intelligence
Sees AI as a riskDetail: GeneralNew this year
We are operating in an uncertain and rapidly changing economic environment. Global trade tensions, AI impacts, and
Sees AI as a riskDetail: GeneralNew this year
The development and use of Artificial Intelligence (“AI”) presents risks and challenges that may adversely impact our
Sees AI as a riskDetail: GeneralSame as last year
Similar wording appears in 24 other banks' reports.
of new technology-driven products and services, including recent and rapid developments in AI, including with agentic AI. Our
Sees AI as a riskDetail: GeneralAI agentsNew this year
and services that will satisfy client demands for convenience, as well as to assess the proper operation of AI models and
Sees AI as a riskDetail: GeneralMachine learningNew this year
We or our third-party (or fourth party) vendors, customers or counterparties may develop or incorporate AI technology
Sees AI as a riskDetail: GeneralNew this year
in certain business processes, services, or products. The development and use of AI presents a number of risks and challenges to
Sees AI as a riskDetail: GeneralSame as last year
Similar wording appears in 26 other banks' reports.
our business. The legal and regulatory environment relating to AI is uncertain and rapidly evolving, both in the U.S. and
Sees AI as a riskDetail: GeneralNew this year
internationally, and includes regulatory schemes targeted specifically at AI as well as provisions in intellectual property,
Label being checked, not counted yetNew this year
privacy, consumer protection, employment, and other laws applicable to the use of AI. These evolving laws and regulations
Sees AI as a riskDetail: GeneralNew this year
could require changes in our implementation of AI technology and increase our compliance costs and the risks to us of non-
Sees AI as a riskDetail: GeneralNew this year
compliance. AI models, particularly generative or agentic AI models, may produce outputs or take action that is incorrect, that
Sees AI as a riskDetail: GeneralGenerative AIAI agentsNew this year
of many AI models makes it difficult to understand why they are generating particular outputs. This limited transparency
Sees AI as a riskDetail: GeneralSame as last year
Similar wording appears in 27 other banks' reports.
increases the challenges associated with assessing the proper operation of AI models, understanding and monitoring the
Sees AI as a riskDetail: GeneralMachine learningNew this year
capabilities of the AI models, reducing erroneous output, eliminating bias, and complying with regulations that require
Sees AI as a riskDetail: GeneralNew this year
documentation or explanation of the basis on which decisions are made. Further, we may rely on AI models developed by third
Sees AI as a riskDetail: GeneralNew this year
Quarterly report, Q3 2025 filed 5 Aug 2025
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last period
Quarterly report, Q2 2025 filed 2 May 2025
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralSame as last period
Quarterly report, Q1 2025 filed 4 Feb 2025
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralNew this period
Annual report, report year 2024 filed 20 Nov 2024
•risk associated with the development and use of artificial intelligence;
Sees AI as a riskDetail: GeneralNew this year
However, our risk and exposure to these matters remains heightened because of, among other things, the evolving nature of these threats, the continuation of a remote or hybrid work environment for our employees and service providers, and our plans to continue to implement and expand digital banking services, expand operations, and use third-party information systems that includes cloud-based infrastructure, platforms, and software. Recent instances of attacks specifically targeting banks and financial services businesses indicate that the risk to our systems remains significant. We, and our third-party providers, are regularly the subject of attempted attacks and the ability of the attackers and the method of their attacks continues to grow in sophistication. Threat actors, including nation state attackers, could also use artificial intelligence for malicious purposes, increasing the frequency and complexity of their attacks. Potential threats to our technologies, systems, networks, and other devices, as well as those of our employees, third party vendors, and other third parties with whom we interact, include Distributed Denial of Service ("DDoS") attacks, computer viruses, hacking, malware, ransomware, credential stuffing, phishing, and other forms of social engineering. Such cyber-attacks and other security incidents are designed to lead to various harmful outcomes, such as unauthorized transactions against our customers’ accounts, unauthorized or unintended access to confidential information, or the release, gathering, monitoring, disclosure, loss, destruction, corruption, disablement, encryption, misuse, modification or other processing of confidential or sensitive information (including personal information), intellectual property, software, methodologies or business secrets, disruption, sabotage or degradation of service, systems or networks, or other damage.
Sees AI as a riskDetail: GeneralNew this year
The development and use of Artificial Intelligence (“AI”) presents risks and challenges that may adversely impact our business.
Sees AI as a riskDetail: GeneralNew this year
Similar wording appears in 23 other banks' reports.
We or our third-party (or fourth party) vendors, clients or counterparties may develop or incorporate AI technology in certain business processes, services, or products. The development and use of AI presents a number of risks and challenges to our business. The legal and regulatory environment relating to AI is uncertain and rapidly evolving, both in the U.S. and internationally, and includes regulatory schemes targeted specifically at AI as well as provisions in intellectual property, privacy, consumer protection, employment, and other laws applicable to the use of AI. These evolving laws and regulations could require changes in our implementation of AI technology and increase our compliance costs and the risk of non-compliance. AI models, particularly generative AI models, may produce output or take action that is incorrect, that reflects biases included in the data on which they are trained, that results in the release of private, confidential, or proprietary information, that infringes on the intellectual property rights of others, or that is otherwise harmful. In addition, the complexity of many AI models makes it difficult to understand why they are generating particular outputs. This limited transparency increases the challenges associated with assessing the proper operation of AI models, understanding and monitoring the capabilities of the AI models, reducing erroneous output, eliminating bias, and complying with regulations that require documentation or explanation of the basis on which decisions are made. Further, we may rely on AI models developed by third parties, and, to that extent, would be dependent in part on the manner in which those third parties develop and train their models, including risks arising from the inclusion of any unauthorized material in the training data for their models and the effectiveness of the steps these third parties have taken to limit the risks associated with the output of their models, matters over which we may have limited visibility. Any of these risks could expose us to liability or adverse legal or regulatory consequences and harm our reputation and the public perception of our business or the effectiveness of our security measures.
Sees AI as a riskDetail: GeneralGenerative AINew this year
Similar wording appears in 28 other banks' reports.
3 passages in legal noticesThe forward-looking statements notice at the start or end of a filing. It often lists AI among many risks. It is never counted., not counted
Forward-looking statements relating to our financial condition or operations are subject to risks and uncertainties related to (i) fluctuations in interest rate risk and market interest rates, including the effect on our net interest income and net interest margin; (ii) current and future economic conditions, including the effects of declines in the real estate market, tariffs, high unemployment rates, inflationary pressures, a potential recession, the monetary policies of the Federal Reserve, and slowdowns in economic growth either nationally or locally in some or all of the areas in which we conduct business; (iii) financial stress on borrowers (consumers and businesses) as a result of higher interest rates or an uncertain economic environment; (iv) changes in deposit flows or loan demands; (v) our ability to identify and address cyber-security risks, including through the use of artificial intelligence, such as security breaches, "denial of service attacks," "hacking" and identity theft; (vi) the Company's exit from the mortgage lending business; (vii) the effects of natural or man-made disasters, calamities, or conflicts, including terrorist events and pandemics (such as the COVID-19 pandemic) and the resulting governmental and societal responses; (viii) the results of examinations by regulatory authorities, which may impose restrictions or penalties on the Company's activities and changes in laws, regulations, or government policies; (ix) expectations regarding key growth initiatives and strategic priorities; (x) our reliance on third party provided technology and developments related to artificial intelligence; (xi) global economic trends, including developments related to Ukraine and Russia, and the evolving conflict in the Middle East, and related negative financial impacts on our borrowers; (xii) litigation risks resulting in significant expenses, losses and reputational damage; (xiii) the impact of bank failures or adverse developments at other banks and related negative press about regional banks and the banking industry in general; and (xiv) other economic, competitive, governmental, environmental, regulatory, and technological factors affecting our operations, pricing, products and services. # # # CONTACT: WaFd, Inc. 425 Pike Street, Seattle, WA 98101 Brad Goode, SVP, Chief Marketing Officer 206-626-8178 brad.goode@wafd.com Quarterly Earnings Release Q3 2026 14
Same as last periodNew since the annual report
Forward-looking statements relating to our financial condition or operations are subject to risks and uncertainties related to (i) fluctuations in interest rate risk and market interest rates, including the effect on our net interest income and net interest margin; (ii) current and future economic conditions, including the effects of declines in the real estate market, tariffs, high unemployment rates, inflationary pressures, a potential recession, the monetary policies of the Federal Reserve, and slowdowns in economic growth either nationally or locally in some or all of the areas in which we conduct business; (iii) financial stress on borrowers (consumers and businesses) as a result of higher interest rates or an uncertain economic environment; (iv) changes in deposit flows or loan demands; (v) our ability to identify and address cyber-security risks, including through the use of artificial intelligence, such as security breaches, "denial of service attacks," "hacking" and identity theft; (vi) the Company's exit from the mortgage lending business; (vii) the effects of natural or man-made disasters, calamities, or conflicts, including terrorist events and pandemics (such as the COVID-19 pandemic) and the resulting governmental and societal responses; (viii) the results of examinations by regulatory authorities, which may impose restrictions or penalties on the Company's activities and changes in laws, regulations, or government policies; (ix) expectations regarding key growth initiatives and strategic priorities; (x) our reliance on third party provided technology and developments related to artificial intelligence; (xi) global economic trends, including developments related to Ukraine and Russia, and the evolving conflict in the Middle East, and related negative financial impacts on our borrowers; (xii) litigation risks resulting in significant expenses, losses and reputational damage; (xiii) the impact of bank failures or adverse developments at other banks and related negative press about regional banks and the banking industry in general; and (xiv) other economic, competitive, governmental, environmental, regulatory, and technological factors affecting our operations, pricing, products and services. # # # CONTACT: WaFd, Inc. 425 Pike Street, Seattle, WA 98101 Brad Goode, SVP, Chief Marketing Officer 206-626-8178 brad.goode@wafd.com Quarterly Earnings Release Q2 2026 14
Same as last periodNew since the annual report
Forward-looking statements relating to our financial condition or operations are subject to risks and uncertainties related to (i) fluctuations in interest rate risk and market interest rates, including the effect on our net interest income and net interest margin; (ii) current and future economic conditions, including the effects of declines in the real estate market, tariffs, high unemployment rates, inflationary pressures, a potential recession, the monetary policies of the Federal Reserve, and slowdowns in economic growth either nationally or locally in some or all of the areas in which we conduct business; (iii) financial stress on borrowers (consumers and businesses) as a result of higher interest rates or an uncertain economic environment; (iv) changes in deposit flows or loan demands; (v) our ability to identify and address cyber-security risks, including through the use of artificial intelligence, such as security breaches, "denial of service attacks," "hacking" and identity theft; (vi) the Company's exit from the mortgage lending business; (vii) the effects of natural or man-made disasters, calamities, or conflicts, including terrorist events and pandemics (such as the COVID-19 pandemic) and the resulting governmental and societal responses; (viii) the results of examinations by regulatory authorities, including a "Needs to Improve" CRA rating, which may impose restrictions or penalties on the Company's activities and changes in laws, regulations, or government policies; (ix) expectations regarding key growth initiatives and strategic priorities; (x) our reliance on third party provided technology and developments related to artificial intelligence; (xi) global economic trends, including developments related to Ukraine and Russia, and the evolving conflict in the Middle East, and related negative financial impacts on our borrowers; (xii) litigation risks resulting in significant expenses, losses and reputational damage; (xiii) the impact of bank failures or adverse developments at other banks and related negative press about regional banks and the banking industry in general; and (xiv) other economic, competitive, governmental, environmental, regulatory, and technological factors affecting our operations, pricing, products and services. # # # CONTACT: WaFd, Inc. 425 Pike Street, Seattle, WA 98101 Brad Goode, SVP, Chief Marketing Officer 206-626-8178 brad.goode@wafd.com Quarterly Earnings Release Q1 2026 14
New this periodNew since the annual report