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.
WaFd (WAFD) completes the divestiture of its CRE loan portfolio. The sale bolsters the company's liquidity profile amid the high interest rate regime.
SEATTLE--(BUSINESS WIRE)---- $wafd #wafdbank--Washington Federal Bank ("WaFd Bank" or the "Bank"), the wholly owned subsidiary of WaFd, Inc. (Nasdaq: WAFD) (the "Company"), today announced the consumm
Shares of six regional banks declined Friday, a day after Moody's placed them on a long-term ratings review for possible downgrades because of their substantial exposure to potentially risky real esta
Old National (ONB), Fulton (FULT), FNB, WaFd (WAFD) and two other regional banks' ratings are on review for downgrade by Moody's due to concerns over CRE exposure.
Moody's Ratings has placed the long-term debt ratings of Old National Bancorp. and several other U.S. regional banks on review for downgrade amid concerns over commercial real-estate exposure.
WaFd (WAFD) reported earnings 30 days ago. What's next for the stock?
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