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

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

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

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

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 ...

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 ...

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

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