Is VBNK or WAFD more undervalued in 2026?

CirclFi compares VersaBank (VBNK) and WaFd, Inc. (WAFD) using 13 institutional-grade valuation models. VBNK has a Quality of Company score of 7.7/10 while WAFD scores 8.1/10.

Which is a better buy — VBNK or WAFD?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do VBNK and WAFD valuations compare?

VBNK at $18.24 and WAFD at $35.59 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

VBNK vs WAFD Valuation Comparison 2026 — Intrinsic Value Analysis

VBNK

Banks - Regional

VersaBank

Quality

7.7

out of 10

Value Trap

SAFE

Price

$18.24

Last close

Models

12/13

Active

WAFD

Banks - Regional

WaFd, Inc.

Quality

8.1

out of 10

Value Trap

—

Price

$35.59

Last close

Models

11/13

Active

Model-by-Model Comparison

Model	Type	VBNK Fair Value	VBNK Upside	WAFD Fair Value	WAFD Upside
Bayesian DCF	Intrinsic	$19.88	+9.0%	$17.34	-51.3%
Earnings Power Value	Intrinsic	$28.40	+55.7%	$35.77	+0.5%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$•••.••	••.•%	$•••.••	••.•%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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VBNK vs WAFD — Which Stock Is More Undervalued?

WAFD scores higher with a 8.1/10 quality rating vs VBNK's 7.7/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing VersaBank (VBNK) and WaFd, Inc. (WAFD) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

VBNK currently trades at $18.24 with a QOC of 7.7/10, while WAFD trades at $35.59 with a QOC of 8.1/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).