WaFd, Inc. faces current challenges with high deposit beta, a heavy reliance on time deposits, and a high loan/deposit ratio.

The decision, announced with the bank's fiscal first quarter 2025 earnings report, will result in layoffs to 8% of the bank's ...

Our aim is to always offer products and services to our customers where WaFd Bank can add value, and we have concluded that ...

The Seattle-based bank will close up shop on originations by mid-March, concluding more than 100 years in the industry.

Commoditization of mortgages, plus technology that eases the refinance process and the regulatory environment, all ...

Shares of WaFd, Inc. WAFD lost 3.4% in after-hours trading in response to lower-than-expected first-quarter fiscal 2025 ...

Keefe Bruyette analyst Kelly Motta lowered the firm’s price target on WaFd (WAFD) to $34 from $42 and keeps a Market Perform ...

The exit from mortgage lending and right sizing other support areas will result in an 8% reduction in workforce, the company said. WaFd also said it recorded a restructuring expense of $5.4 million ...

Analysts at DA Davidson issued their Q2 2025 EPS estimates for WaFd in a research report issued to clients and investors on ...

WaFd ( NASDAQ:WAFD ) Full Year 2024 Results Key Financial Results Revenue: US$704.0m (flat on FY 2023). Net income... SEATTLE, November 21, 2024--Today, WaFd, Inc. (Nasdaq: WAFD) (the "Company ...

WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced quarterly earnings of $47,267,000 for the quarter ended December 31, ...

NII $155M vs. $173M in Q4. “In 1Q25 our results were impacted by greater than expected margin compression. On a linked quarter basis ...