WaFd Inc (WAFD)

NASDAQ: WAFD · IEX Real-Time Price · USD
34.74
+0.33 (0.96%)
Jul 22, 2024, 2:03 PM EDT - Market open
0.96%
Market Cap 2.79B
Revenue (ttm) 647.40M
Net Income (ttm) 171.70M
Shares Out 81.41M
EPS (ttm) 2.63
PE Ratio 13.10
Forward PE 12.50
Dividend $1.04 (3.02%)
Ex-Dividend Date May 23, 2024
Volume 242,690
Open 34.07
Previous Close 34.41
Day's Range 33.63 - 34.80
52-Week Range 23.36 - 34.82
Beta 0.82
Analysts Buy
Price Target 34.25 (-1.41%)
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]

Sector Financials
Founded 1917
Employees 2,120
Stock Exchange NASDAQ
Ticker Symbol WAFD
Full Company Profile

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 Statements

Analyst Forecast

According to 4 analysts, the average rating for WAFD stock is "Buy." The 12-month stock price forecast is $34.25, which is a decrease of -1.41% from the latest price.

Price Target
$34.25
(-1.41% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

5 days ago - Business Wire

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.

27 days ago - CNBC Television

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...

4 weeks ago - Business Wire

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...

Other symbols: FNBFRMEFULTONBPGC
5 weeks ago - Market Watch

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...

Other symbols: FNBFRMEFULTONBPGC
6 weeks ago - Investopedia

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.

Other symbols: FNBFRMEFULTONBPGC
6 weeks ago - Market Watch

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.

2 months ago - PYMNTS

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...

Other symbols: BAC
2 months ago - Invezz

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 ...

2 months ago - Business Wire

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...

3 months ago - Business Wire

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...

4 months ago - Yahoo Finance

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...

5 months ago - Business Wire

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.

Other symbols: KRE
5 months ago - CNBC Television

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...

6 months ago - Business Wire

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...

8 months ago - Business Wire

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.

Other symbols: BACCCNOBFITBJPMKRENYCB
9 months ago - Market Watch

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...

9 months ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire

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.

1 year ago - CNBC Television

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...

1 year ago - Business Wire

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...

1 year ago - Business Wire