WaFd Inc (WAFD)
| Market Cap | 2.33B |
| Revenue (ttm) | 647.40M |
| Net Income (ttm) | 171.70M |
| Shares Out | 81.41M |
| EPS (ttm) | 2.63 |
| PE Ratio | 10.88 |
| Forward PE | 10.31 |
| Dividend | $1.04 (3.64%) |
| Ex-Dividend Date | May 23, 2024 |
| Volume | 343,827 |
| Open | 28.20 |
| Previous Close | 28.20 |
| Day's Range | 28.20 - 28.77 |
| 52-Week Range | 23.36 - 34.07 |
| Beta | 0.84 |
| Analysts | Buy |
| Price Target | 33.25 (+16.22%) |
| Earnings Date | Jul 16, 2024 |
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 offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family dwellings, construction, land acquisition and development, consumer lot, multi-family residential, commercial real estate, home equity, business, and consumer loa... [Read more]
Financial Performance
In 2023, WaFd Inc's revenue was $700.94 million, an increase of 6.53% compared to the previous year's $657.96 million. Earnings were $242.80 million, an increase of 9.52%.
Financial StatementsAnalyst Forecast
According to 4 analysts, the average rating for WAFD stock is "Buy." The 12-month stock price forecast is $33.25, which is an increase of 16.22% from the latest price.
News
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...
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...
Washington Federal Announces Cash Dividend of 25 cents per share
SEATTLE--(BUSINESS WIRE)---- $wafd #dividend--Today, the Board of Directors of Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), announc...
WaFd Bank Scores Highest Customer Satisfaction Ranking in Annual Survey
SEATTLE--(BUSINESS WIRE)---- $WAFD #Banking--Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, “WaFd Bank” today announced the results of its annual c...
Washington Federal Announces Quarterly Earnings Per Share Of $0.89
SEATTLE--(BUSINESS WIRE)---- $WAFD #earnings--Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank (the "Bank"), today announced quarterly earnings of $61...
Washington Federal Announces Cash Dividend of 25 Cents Per Share
SEATTLE--(BUSINESS WIRE)---- $WAFD #dividend--Today, the Board of Directors of Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), announc...
Washington Federal, Inc. and Luther Burbank Corporation Announce Receipt of Shareholder Approval for Merger
SEATTLE--(BUSINESS WIRE)--Washington Federal, Inc. (NASDAQ: WAFD) (“Washington Federal”), the parent company of Washington Federal Bank (“WaFd Bank”), and Luther Burbank Corporation (NASDAQ: LBC) (“Lu...
WaFD Bank's Brent Beardall on regional banks and earnings season
Brent Beardall, president and CEO of WAFD, joins 'Power Lunch' to discuss the health of the U.S. banking system, a strain on regional bank deposits, and sectors with strong loan demands.
Washington Federal Announces Quarterly Earnings Per Share of $0.95
SEATTLE--(BUSINESS WIRE)---- $WAFD #earnings--Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), today announced quarterly earnings of $6...
LUTHER BURBANK INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Luther Burbank Corporation - LBC
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Luther Burbank C...
I think you'll see depositors flow toward the healthiest banks, says WaFd Bank CEO
Brent Beardall, president and CEO of WaFd Bank in Seattle, joins 'Power Lunch' to discuss his bank's diversification and whether he's heard from customers of SVB about moving money to WaFd.