secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2023-01-13T23:59:59+00:00
Accession:  0000936528-23-000031
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Federal reports record Q1 EPS of $1.16, net income up 58% YoY
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- Diluted EPS $1.16 vs $0.71 prior year; net income $79.5M, up 58% YoY.
- Net interest margin expanded to 3.69% from 2.87% YoY; net interest income $183M, up 36.3%.
- Loan portfolio grew $880M (5.5%) to $17.0B; non-performing assets at 0.18% of assets.
- Efficiency ratio improved to 46.8% from 58.6%; total other expense up 3% YoY.
- CEO Brent Beardall on leave after Jan 2 injuries; acting CEO Cathy Cooper continues.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652823000031/0000936528-23-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652823000031/wfsl-20230112.htm
  HTML page:      https://secwatch.observer/filing/0000936528-23-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer