earnings
confidence high
sentiment negative
materiality 0.85
WaFd reports FY2024 net income of $200M ($2.50 EPS) vs $257M ($3.72 EPS) prior year
WAFD INC
2024-FY EPS reported
$2.50
revenue$27,507,000
- Annual net income fell 22% to $200M; diluted EPS $2.50 vs $3.72 YoY.
- Adjusted EPS (excl. acquisition costs & non-operating items) was $3.02.
- Acquired Luther Burbank Corp (LBC) for $7.7B in assets; incurred $26M in acquisition-related costs.
- Deposits grew 33% to $21.4B; loans rose 19.7%; quarterly dividend held at $0.26/share.