WaFd, Inc. (WAFD)
| Market Cap | 2.69B |
| Revenue (ttm) | 704.02M |
| Net Income (ttm) | 185.42M |
| Shares Out | 81.35M |
| EPS (ttm) | 2.50 |
| PE Ratio | 13.24 |
| Forward PE | 11.60 |
| Dividend | $1.04 (3.15%) |
| Ex-Dividend Date | Nov 22, 2024 |
| Volume | 202,330 |
| Open | 32.67 |
| Previous Close | 32.93 |
| Day's Range | 32.48 - 33.11 |
| 52-Week Range | 25.79 - 38.62 |
| Beta | 0.84 |
| Analysts | Hold |
| Price Target | 36.60 (+10.67%) |
| Earnings Date | Jan 14, 2025 |
About WAFD
WaFd, Inc. operates as the bank holding company for Washington Federal Bank that provides lending, depository, insurance, and other banking services in the United States. The company provides deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It offers single-family dwellings, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loans, a... [Read more]
Financial Performance
In 2024, WaFd, Inc.'s revenue was $704.02 million, an increase of 0.44% compared to the previous year's $700.94 million. Earnings were $185.42 million, a decrease of -23.63%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for WAFD stock is "Hold." The 12-month stock price forecast is $36.6, which is an increase of 10.67% from the latest price.
News
WaFd Bank Partners with the Network of Giving to Fund Non-Profits in Washington
SEATTLE--(BUSINESS WIRE)-- #networkofgiving--Today, WaFd, Inc. (Nasdaq: WAFD) (the “Company”), and Washington Federal Bank (“WaFd Bank”), its bank subsidiary announces that it will be the official ban...
WaFd, Inc. Announces Cash Dividend of 26 Cents Per Share
SEATTLE--(BUSINESS WIRE)---- $WAFD #dividend--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced a regular cash dividend of 26 cents per share. The dividend will be ...
WaFd: Preferred Shares Still Offering Attractive Income At 6.7% Yield
WaFd's merger with Luther Burbank Corporation has improved its loan-to-deposit ratio and reduced external borrowing, enhancing future net interest income and earnings potential. Despite the positive m...
WaFd Inc. Announces Fourth Quarter and Fiscal 2024 Results
SEATTLE--(BUSINESS WIRE)---- $WAFD #banking--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced annual earnings of $200,0...
KBRA Assigns Ratings to WaFd, Inc.
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a senior unsecured debt rating of BBB+, a subordinated debt rating of BBB, a preferred shares rating of BBB-, and a short-term debt rating...
KBRA Initiates Ratings for WaFd
SEATTLE--(BUSINESS WIRE)---- $wafd #banking--Today, Kroll Bond Rating Agency (“KBRA”) issued a press release assigning ratings to WaFd, Inc. (Nasdaq: WAFD) (the “Company”), and Washington Federal Bank...
WaFd: Regional Bank Offering 7.6% Yielding Preferred Dividend
WaFd, a regional bank, experienced a significant increase in share price after recent earnings. Financial performance showed growth in net interest income but volatility in some metrics, with risks re...
WaFd Continues Tracking to Plan Post-Acquisition; Announces Quarterly Earnings Per Share of $0.75
SEATTLE--(BUSINESS WIRE)---- $WAFD #earnings--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings of $6...
WaFd Bank CEO: Fears in the commercial real estate are 'overblown'
Brent Beardall, WaFd Bank CEO, joins 'Power Lunch' to discuss the state of regional banks being downgraded by Moody's, and the headwinds in the sector.
WaFd Bank Completes Sale of $2.8 Billion in Multi-Family Loans
SEATTLE--(BUSINESS WIRE)---- $wafd #wafdbank--Washington Federal Bank ("WaFd Bank" or the "Bank"), the wholly owned subsidiary of WaFd, Inc. (Nasdaq: WAFD) (the "Company"), today announced the consumm...
Wells Fargo exec sees the most loan stress in older office buildings
A Wells Fargo & Co. executive said Tuesday the bank is seeing loan stress in older office buildings as the financial world grapples with lower real-estate values for working space as employees continu...
Moody's Reviewing Six Regional Banks for Possible Downgrades
Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real esta...
Moody's puts several U.S. regional banks on downgrade review over commercial real-estate concerns
Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.
Washington Federal Bank to Sell 2,000 Commercial Real Estate Loans to Bank of America
Washington Federal Bank, a wholly owned subsidiary of WaFd, has disclosed its agreement to sell some commercial multi-family real estate loans to Bank of America for about $2.9 billion.
Bank of America to acquire Washington Federal Bank's $3.2 billion loan portfolio
The Bank of America Corporation (BofA) is set to purchase Washington Federal Bank's portfolio of commercial multi-family real estate loans, valued at $3.2 billion. The announcement was made by Washing...
WaFd, Inc. Announces Cash Dividend of 26 Cents Per Share and Increase in Share Repurchase Authorization
SEATTLE--(BUSINESS WIRE)---- $wafd #dividend--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced a regular cash dividend of 26 cents per share. The dividend will be ...
WaFd Reports Second Quarter Fiscal 2024 Results Following Completion of Merger of Luther Burbank Corporation
SEATTLE--(BUSINESS WIRE)---- $wafd #earnings--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings after...
Regional banks 'actually very strong,' WaFd Bank CEO says one year after SVB crisis
New York Community Bancorp (NYCB) will receive a $1 billion rescue from a group of investors led by former US Treasury Secretary Steven Mnuchin. The bank absorbed some of the assets of the failed Sign...
WaFd, Inc. Announces Increase in its Cash Dividend to 26 Cents Per Share
SEATTLE--(BUSINESS WIRE)---- $wafd #banking--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), announced an increase to the regular quarterly cash dividend to 26 cents per sh...
WaFd CEO on regional bank challenges, commercial real estate and Luther acquisition
Brent Beardall, WaFd Bank president and CEO, joins 'Power Lunch' to discuss challenges facing regional banks, commercial real estate and company outlook.
WaFd Announces Quarterly Earnings Per Share of $0.85
SEATTLE--(BUSINESS WIRE)---- $wafd #earnings--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings of $5...
WaFd Announces Cash Dividend of 25 Cents Per Share
SEATTLE--(BUSINESS WIRE)---- $wafd #dividend--Today, the Board of Directors of WaFd, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), announced a regular q...
WaFd Continues To Perform Remarkably Well
WaFd has an interesting and generally positive track record, including during this difficult year. In particular, the firm's deposits are now growing again and its overall risk level appears to be on ...
Investors should ‘be patient' with beaten-down bank sector, buy-side fund manager says
The clouds over bank stocks aren't expected to clear anytime soon, fund manager Dave Ellison said, but some names remain attractive based on valuation.
WaFd's Annual Earnings Per Share Increased 10% For 2023 Even After Net Interest Margin Contraction and Outsized Provision For Credit Losses
SEATTLE--(BUSINESS WIRE)---- $wafd #earnings--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of WaFd Bank (the "Bank"), today announced record annual earnings of $257,426,000 for the fiscal...