Welcome to our dedicated page for Washington Fed news (Ticker: WAFD), a resource for investors and traders seeking the latest updates and insights on Washington Fed stock.
WaFd, Inc. (symbol: WAFD) is a well-established financial institution that has been serving communities since its founding in 1917. Originally founded as Ballard Savings and Loan Association in a fishing and lumber community just north of Seattle, Washington, WaFd has grown significantly over the past century. The company now operates in eight western states, including Washington, Arizona, Idaho, Nevada, Oregon, Texas, Utah, and New Mexico, providing an array of banking services tailored to meet the needs of both individuals and businesses.
WaFd offers a variety of personal banking services, such as checking and savings accounts, retirement accounts, and home loans. For businesses, WaFd provides comprehensive banking solutions including corporate real estate financing. The company's strong emphasis on personalized service ensures that customers receive the attention and expert advice they need, avoiding the impersonal approach often associated with larger banks.
WaFd’s disciplined and common-sense approach to banking has stood the test of time, making it one of the strongest financial institutions in America. The company prides itself on its century-long commitment to providing friendly and professional service without the hassle of phone trees or other modern inconveniences.
In recent years, WaFd has made significant strides in expanding its services and footprint. The bank's latest projects and partnerships are geared towards enhancing its offerings and reaching more customers. Financially, WaFd remains robust, continuing to deliver strong performance metrics and maintaining a healthy balance sheet.
Whether you are a consumer looking for reliable personal banking services, a business seeking comprehensive financial solutions, or an investor tracking the company's performance, WaFd, Inc. demonstrates a strong commitment to customer satisfaction and financial stability.
Today, WaFd announced a regular cash dividend of 26 cents per share, payable on June 7, 2024, to shareholders of record as of May 24, 2024. This marks the 165th consecutive quarterly cash dividend for the company. Additionally, the Board has increased the share repurchase authorization by 10 million shares, raising the total authorized amount to 11.8 million shares. Over the past three fiscal years, WaFd has repurchased 12.7 million shares at an average price of $31.32, equating to 17% of the shares outstanding as of October 1, 2020. WaFd is a parent company of Washington Federal Bank, which operates 210 branches across nine states and reported $30.1 billion in assets, $21.3 billion in deposits, and $2.9 billion in shareholders' equity as of March 31, 2024.
FAQ
What is the current stock price of Washington Fed (WAFD)?
What is the market cap of Washington Fed (WAFD)?
What services does WaFd, Inc. offer?
Where does WaFd, Inc. operate?
When was WaFd, Inc. founded?
What is the focus of WaFd's customer service?
How has WaFd, Inc. grown over the years?
What makes WaFd, Inc. one of the strongest financial institutions in America?
What kind of business banking services does WaFd, Inc. provide?
Does WaFd, Inc. offer retirement accounts?
What recent projects has WaFd, Inc. undertaken?
What is WaFd, Inc.'s approach to banking?
