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home / news releases / WAFD - Washington Federal Posts A Better Quarter But Stock No Longer Cheap

WAFD - Washington Federal Posts A Better Quarter But Stock No Longer Cheap

Washington Federal Inc.
  • Like many of its peers, Washington Federal has had to contend with the impact of lower interest rates on its income.
  • Recent quarterly results showed a welcome bump in net interest income and pre-provision profit before tax, while credit quality also remains strong.
  • At 1.35x TBV and up over 20% YTD, the stock is probably fair value at best right now.

For further details see:

Washington Federal Posts A Better Quarter, But Stock No Longer Cheap
Stock Information
Company Name: Washington Federal Inc.
Stock Symbol: WAFD
Market: NASDAQ
Website: wafdbank.com
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