WaFd Announces Quarterly Earnings Per Share of $0.54
Portfolio Pulse from
WaFd, Inc. reported quarterly earnings per share of $0.54, with net income of $47 million. The net interest income was $155 million, down from $173 million in the previous quarter, and the net interest margin decreased to 2.39% from 2.62%. Non-performing assets remained stable at 0.3% of total assets.
January 16, 2025 | 10:30 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
WaFd, Inc. reported a decrease in net interest income and margin for Q1, with stable non-performing assets. Earnings per share were $0.54.
The decrease in net interest income and margin suggests potential challenges in generating interest revenue, which could negatively impact the stock price in the short term. However, stable non-performing assets indicate maintained credit quality.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100