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

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

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

Seattle-based WaFd Bank announced Thursday in an earnings report that it will exit the single-family mortgage lending ...

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 ...

A Bonner County housing association has received a $2,500 grant from the WaFd Foundation. The grant is aimed at supporting ...

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 ...

WaFd Bank is headquartered in Seattle, Washington, and has 210 branches in nine western states. To find out more about WaFd Bank, please visit our website The Company uses its website to distribute ...