secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2024-02-14T23:59:59+00:00
Accession:  0000936528-24-000048
Event type: other_material
Sentiment:  positive
Materiality: 0.50
Item codes: 5.07, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaFd annual meeting: all director nominees elected, say-on-pay approved; FY23 record earnings $257M
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- Three directors elected: Brent Beardall, Sylvia Hampel, S. Steven Singh; say-on-pay passed with 50.8M votes for.
- Shareholders voted for 1-year frequency on future say-on-pay votes (45.6M for 1 year, 7.7M for 3 years).
- FY 2023 record net income to common shareholders $257M, diluted EPS up 9.7% YoY.
- Total deposits $16.1B with 74% insured or collateralized; tangible book value per share grew 10%.
- Non-performing assets near record lows; delinquent loans $63M (0.36% of net loans).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652824000048/0000936528-24-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652824000048/wfsl-20240213.htm
  HTML page:      https://secwatch.observer/filing/0000936528-24-000048

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