{"schema_version":"secwatch.filing_event.v1","accession":"0000936528-24-000067","form_type":"8-K","ticker":"WAFD","cik":"0000936528","company_name":"WAFD INC","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.555482+00:00","generated_at":"2026-06-03T13:20:43.085170+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"WaFd Q2 net income drops 73% QoQ to $15.9M; EPS $0.17, merger costs $51.1M","bullets":["Net income $15.9M, down 73% from $58.5M in prior quarter; diluted EPS $0.17 vs $0.85.","Merger-related and non-operating costs totaled $51.1M; adjusted ROE 8.7% vs 10.21% prior quarter.","Net interest margin fell to 2.73% from 2.91%; average interest-earning assets $23.3B.","Completed merger with Luther Burbank Corporation; loans added $6.4B, total loans $20.8B net.","Fact sheet: total assets $24.9B, deposits $21.3B, non-performing assets $68.4M (0.23% of assets)."],"urls":{"canonical":"https://secwatch.observer/filing/0000936528-24-000067","json":"https://secwatch.observer/filing/0000936528-24-000067.json","markdown":"https://secwatch.observer/filing/0000936528-24-000067.md","text":"https://secwatch.observer/filing/0000936528-24-000067.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/936528/000093652824000067/0000936528-24-000067-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/936528/000093652824000067/wfsl-20240422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:20:43.085170+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c991869c0a1f06278360645a1188637c809e8f7b","claim":"WAFD INC reported the quarter ended March 31, 2024 results: net income $15,888,000, EPS $0.17 per diluted share.","evidence_excerpt":"Earnings for the quarter ended March 31, 2024 were $15,888,000, a decrease of 73% from net earnings of $58,453,000 for the quarter ended December 31, 2023 and a decrease of 76% from net earnings of $65,934,000 for the quarter ended March 31, 2023. After the effect of dividends on preferred stock, net income available for common shareholders was $0.17 per diluted share for the quarter ended March 31, 2024, compared to $0.85 per diluted share for the quarter ended December 31, 2023, a $0.68 or 80% decrease, and $0.95 per diluted share for the quarter ended March 31, 2023, a $0.78 or 82% decrease in fully diluted earnings per common share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/936528/000093652824000067/0000936528-24-000067-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2024"},{"label":"Net income","value":"$15,888,000"},{"label":"EPS","value":"$0.17 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}