WaFd (WAFD) Could Be a Great Choice

12:45pm, Friday, 18'th Oct 2024
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does WaFd (WAFD) have what it takes?
The acquisition of LBC leads to higher NII and non-interest income and a rise in loan balance. These, along with nil provisions, aid WAFD's fiscal Q4 earnings.
The headline numbers for WaFd (WAFD) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimat

WaFd (WAFD) Beats Q4 Earnings Estimates

07:16pm, Thursday, 17'th Oct 2024
WaFd (WAFD) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.72 per share a year ago.
SEATTLE--(BUSINESS WIRE)---- $WAFD #banking--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("WaFd Bank" or the "Bank"), today announced annual earnings of $200,0
WaFd (WAFD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Does WaFd (WAFD) have what it takes to be a top stock pick for momentum investors? Let's find out.
WaFd (WAFD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Kroll Bond Rating initiates ratings for WaFd with a stable outlook. This reflects a well-managed portfolio with low risk and better performance than its peers.
WAFD remains well-poised for growth on higher rates, strategic restructuring and expansion moves, and a solid balance sheet. However, rising expenses and worsening asset quality remain woes.
The LBC acquisition drives revenues and loan balance, which, along with lower provisions, aid WAFD's fiscal Q3 earnings.
The headline numbers for WaFd (WAFD) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates an
WaFd (WAFD) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.59 per share. This compares to earnings of $0.89 per share a year ago.
WAFD is well-poised for growth amid high rates, decent loan demand and LBC acquisition. However, a rising expense base and worsening asset quality remain major challenges.
Brent Beardall, WaFd Bank CEO, joins 'Power Lunch' to discuss the state of regional banks being downgraded by Moody's, and the headwinds in the sector.
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