WAFD News and Press, Washington Federal Inc. From 01/17/23

Summary Fiscal Q1 2023 performance was strong by most all accounts. The bank is expanding into new markets. Asset quality and return metrics are improving. There is room for the dividend to grow. In late summer and early fall of 2022, we pushed our members to start b...

Washington Federal press release ( NASDAQ: WAFD ): Q1 GAAP EPS of $1.16 beats by $0.07 . Revenue of $196.82M (+28.8% Y/Y) beats by $3.15M . Net interest income was $183 million for the first fiscal quarter of 2023, an increase of $48.7 million or 36.3% from the same qu...

Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank"), today announced quarterly earnings of $79,509,000 for the quarter ended December 31, 2022, an increase of 58% from $50,281,000 for the quarter ended December 31, 2021. After the effec...

Washington Federal ( NASDAQ: WAFD ) said Tuesday its president and CEO Brent Beardall was on board a private plane that crashed in Provo, Utah shortly after takeoff. Beardall, who was injured in the crash and is expected to make a full recovery, will take a temporary leave of abse...

Washington Federal (Nasdaq: WAFD) reports that on January 2, 2023, the President and CEO of Washington Federal, Inc. and Washington Federal Bank (dba WaFd Bank), Brent Beardall, was one of four people on board a private plane that crashed in Provo, Utah shortly after takeoff. He was transported b...

Washington Federal ( NASDAQ: WAFD ) to acquire Luther Burbank ( NASDAQ: LBC ) and its wholly-owned subsidiary, Luther Burbank Savings, in an all-stock transaction valued at ~$654M. The move to expand Washington Federal’s franchise into California. P...

Washington Federal, Inc. (NASDAQ: WAFD, “Washington Federal”) and Luther Burbank Corporation (NASDAQ: LBC, “Luther Burbank”) jointly announced today the signing of a definitive merger agreement (“Merger Agreement”) pursuant to which Washington F...

Summary A weekly summary of dividend activity for Dividend Champions, Contenders, and Challengers. Companies which changed their dividends. Companies with upcoming ex-dividend dates. Companies with upcoming pay dates. F...

Summary Umpqua reported healthy results in the third quarter, with adjusted core results comfortably ahead of expectations on strong spread performance and strong pre-provision profit growth. Loan growth was better than average, and the company continues to benefit from its high-q...

Summary Washington Federal posted strong spread and operating leverage in its fiscal fourth quarter, helping to drive strong pre-provision profit growth. Loan demand is healthy and WaFed is repositioning toward higher-yielding loan growth categories, but funding costs are a growin...