---
schema_version: "secwatch.filing_event.v1"
accession: "0000936528-23-000107"
form_type: "8-K"
ticker: "WAFD"
cik: "0000936528"
company_name: "WAFD INC"
filed_at: "2023-04-14T23:59:59+00:00"
generated_at: "2026-06-17T02:22:00.033063+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Washington Federal Q2 EPS $0.95, up 35.7% YoY; net interest margin compresses to 3.51%

## Summary
- Diluted EPS $0.95 vs $0.70 prior year; net income $65.9M, +33.6% YoY.
- Net interest margin 3.51% (down 18 bp from Dec quarter, but up from 2.90% prior year).
- First quarterly net charge-off in nearly a decade: $5.9M; provision for credit losses $3.5M.
- Net deposit outflows $99M (0.6% of total) in quarter; uninsured deposits fell to 27% from 31%.
- Loan originations $1.0B, down 55% from $2.2B prior year quarter.

## SEC filing metadata
- accession: 0000936528-23-000107
- form_type: 8-K
- ticker: WAFD
- cik: 0000936528
- company_name: WAFD INC
- filed_at: 2023-04-14T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936528/000093652823000107/0000936528-23-000107-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936528/000093652823000107/wfsl-20230413.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936528-23-000107
- JSON: https://secwatch.observer/filing/0000936528-23-000107.json
- Plain text: https://secwatch.observer/filing/0000936528-23-000107.txt

## Key facts
- Earnings Releases
  WAFD INC reported financial results for quarter ended March 31, 2023.
  - Period: quarter ended March 31, 2023
  - Result: reported results
  source text: On April 13, 2023, Washington Federal, Inc. (the "Company") announced by press release its earnings for the quarter ended March 31, 2023. A copy of the press release is attached to this filing as Exhibit 99.1.
  evidence_url: https://www.sec.gov/Archives/edgar/data/936528/000093652823000107/0000936528-23-000107-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.