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WaFd, Inc. - WAFD STOCK NEWS

Welcome to our dedicated page for WaFd news (Ticker: WAFD), a resource for investors and traders seeking the latest updates and insights on WaFd 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.

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WaFd, Inc. (WAFD) announces an increase in quarterly cash dividend to 26 cents per share, marking the 164th consecutive quarterly cash dividend. The parent company of Washington Federal Bank operates in multiple states, reporting $22.6 billion in assets as of December 31, 2023.
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WaFd, Inc. (NASDAQ: WAFD) and Luther Burbank Corporation (NASDAQ: LBC) have received regulatory approvals for Luther Burbank Savings to be merged with and into Washington Federal Bank, expanding WaFd Bank’s footprint to nine western states with the addition of ten California branches. The merger is expected to be completed by February 29, 2024, subject to the satisfaction of remaining closing conditions. WaFd will welcome two directors from Luther Burbank to join the Boards following the closing.
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WaFd, Inc. (WAFD) announced quarterly earnings of $58,453,000 for the quarter ended December 31, 2023, with an increase of 16% from the previous quarter but a decrease of 26% from the same quarter in the prior year. Net income available for common shareholders was $0.85 per diluted share, representing an 18% increase from the previous quarter and a 27% decrease from the same quarter last year. Return on common shareholders' equity was 10.21% for the quarter, compared to 8.73% for the previous quarter and 15.15% for the same quarter in the prior year. Return on assets for the quarter ended December 31, 2023, was 1.0%. President and CEO Brent Beardall expressed disappointment in the net interest margin dip but highlighted the strong credit metrics and the positive impact of the expected easing of monetary policy on interest rates.
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WaFd, Inc. (Nasdaq: WAFD) Announces 163rd Consecutive Quarterly Cash Dividend of 25 Cents Per Share
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WaFd, Inc. announces record annual earnings of $257,426,000 for fiscal year 2023
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Washington Federal, Inc. announces a regular quarterly cash dividend of 25 cents per share, marking its 162nd consecutive quarterly cash dividend. The dividend will be paid on September 8, 2023.
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Washington Federal, Inc. (WAFD) achieved its highest net promoter score to date of 57 in its annual customer survey, with over 18,000 bank clients participating. The Bank's net promoter score has consistently ranked in the top tier of the banking industry, ranging from 44 to 51 over the past several years.
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FAQ

What is the current stock price of WaFd (WAFD)?

The current stock price of WaFd (WAFD) is $32.64 as of December 20, 2024.

What is the market cap of WaFd (WAFD)?

The market cap of WaFd (WAFD) is approximately 2.6B.

What services does WaFd, Inc. offer?

WaFd, Inc. offers personal banking, business banking, commercial banking, and home loans.

Where does WaFd, Inc. operate?

WaFd, Inc. operates in Washington, Arizona, Idaho, Nevada, Oregon, Texas, Utah, and New Mexico.

When was WaFd, Inc. founded?

WaFd, Inc. was founded in 1917 as Ballard Savings and Loan Association.

What is the focus of WaFd's customer service?

WaFd focuses on providing friendly, professional, and personalized customer service without the hassle of phone trees.

How has WaFd, Inc. grown over the years?

WaFd has expanded from a local association to operating in eight western states, offering a wide range of banking services.

What makes WaFd, Inc. one of the strongest financial institutions in America?

WaFd's disciplined, common-sense approach to banking and commitment to customer service have made it a robust financial institution.

What kind of business banking services does WaFd, Inc. provide?

WaFd offers corporate real estate financing and comprehensive banking solutions tailored for mid-sized to large businesses.

Does WaFd, Inc. offer retirement accounts?

Yes, WaFd provides retirement accounts as part of its personal banking services.

What recent projects has WaFd, Inc. undertaken?

WaFd has been expanding its services and partnerships to enhance its offerings and reach more customers.

What is WaFd, Inc.'s approach to banking?

WaFd follows a common-sense, disciplined approach, focusing on maintaining strong financial performance and customer satisfaction.

WaFd, Inc.

Nasdaq:WAFD

WAFD Rankings

WAFD Stock Data

2.65B
80.00M
1.67%
80.25%
1.67%
Banks - Regional
National Commercial Banks
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United States of America
SEATTLE