WAFD Stock Recent News
WAFD LATEST HEADLINES
Increase in expenses and higher provisions hurt Washington Federal's (WAFD) fiscal Q3 earnings. A rise in NII, a decent rise in loan balance and higher rates offer some support.
While the top- and bottom-line numbers for Washington Federal (WAFD) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Washington Federal (WAFD) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.91 per share a year ago.
Washington Federal (WAFD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Washington Federal's stock is significantly undervalued following a sector-wide regional banking sell-off earlier this year. The bank's recent financial results show a positive trend, with Net Interest Income, Total Revenues, and Net Income all increasing. The bank also has good capitalization and minimal balance sheet losses. Major shareholders such as BlackRock and Vanguard have increased their stakes in the stock in recent quarters.
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.
A rise in NII, a decent rise in loan balance and higher rates aid Washington Federal's (WAFD) fiscal Q2 earnings. Yet, lower other income, an increase in expenses and higher provisions act as headwinds.
Washington Federal (WAFD) came out with quarterly earnings of $0.95 per share, missing the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $0.70 per share a year ago.
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.
Washington Federal (WAFD) announces dividend hike by 4.2%. Is the stock worth buying to earn this higher dividend income?