Welcome to our dedicated page for Washington Fed news (Ticker: WAFD), a resource for investors and traders seeking the latest updates and insights on Washington Fed stock.
WaFd, Inc. (Nasdaq: WAFD) is the parent company of WaFd Bank, a Washington state chartered commercial bank headquartered in Seattle and operating branches across nine western states. The WAFD news feed on Stock Titan aggregates company press releases and other coverage so readers can follow developments affecting this regional banking organization and its customers.
Company news often centers on financial performance, with quarterly and annual earnings releases detailing net income, net interest income, net interest margin, non-interest income and expense, loan originations, deposit trends, and credit quality metrics such as non-performing assets and delinquency ratios. These updates also highlight balance sheet composition, including loans, deposits, borrowings, and investment securities, as well as capital measures like tangible common equity per share.
WaFd regularly announces board-approved cash dividends on its common stock and on its 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock through press releases and related Form 8-K filings. News items also cover share repurchase activity, changes in dividend levels, and other capital management actions that may be relevant to shareholders and prospective investors.
Beyond earnings and capital actions, WaFd news includes strategic and operational updates. Recent communications describe a shift in the bank’s business model away from originating new single-family mortgage loans and toward business banking and commercial real estate lending, as well as the build-out of small business and SBA lending capabilities. The bank has also announced its designation as a Preferred Lender with the U.S. Small Business Administration, leadership appointments in key regions, and organizational changes intended to support business and commercial real estate divisions.
Regulatory and compliance developments can also appear in WAFD news, such as disclosures about Community Reinvestment Act evaluations or the termination of historical consent orders. For readers tracking WAFD stock, this news page provides a centralized view of the company’s earnings, dividends, strategic direction, and regulatory disclosures over time.
The Board of Directors of Washington Federal, Inc. (Nasdaq: WAFD) has declared a quarterly cash dividend of 23 cents per share, marking a $0.01 increase from the previous quarter. This dividend will be distributed on February 19, 2021, to stockholders of record as of February 5, 2021. This payment will be the company's 152nd consecutive quarterly cash dividend.
Washington Federal operates 234 branches across several states and reported $19.1 billion in assets as of December 31, 2020.
Washington Federal, Inc. (WAFD) reported Q1 2021 earnings of $38.9 million or $0.51 per diluted share, a 41% decrease from $0.86 per share a year prior. Return on equity also declined to 7.65% from 13.46%. Total assets increased to $19.1 billion, with a 2.8% rise in customer deposits to $14.2 billion. Loan originations surged 40% year-over-year to $1.92 billion. However, non-performing assets increased to 0.35% of total assets. The company declared a cash dividend of $0.22 per share, marking its 151st consecutive quarterly dividend.
Washington Federal, Inc. (Nasdaq: WAFD) has announced a regular quarterly cash dividend of 22 cents per share, set to be paid on November 20, 2020, to common stockholders of record as of November 6, 2020. This marks the company's 151st consecutive quarterly cash dividend. As of September 30, 2020, Washington Federal reported total assets of $18.8 billion, with $13.8 billion in deposits and $2.0 billion in stockholders’ equity.
Washington Federal, Inc. (Nasdaq: WAFD) reported annual earnings of $173.4 million and diluted earnings per share of $2.26 for the fiscal year ended September 30, 2020, a 13.4% decrease from $210.3 million or $2.61 per share in the prior year. The return on equity fell to 8.63% from 10.46%. Despite challenges from the COVID-19 pandemic, the bank achieved record loan production of $6.2 billion, a 51% increase, and transaction deposits rose $2.7 billion, or 38%. However, the bank's credit loss allowance increased to $192 million, reflecting economic uncertainties.