secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2024-10-18T23:59:59+00:00
Accession:  0000936528-24-000128
Event type: earnings
Sentiment:  negative
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaFd reports FY2024 net income of $200M ($2.50 EPS) vs $257M ($3.72 EPS) prior year
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652824000128/0000936528-24-000128-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652824000128/wfsl-20241017.htm
  HTML page:      https://secwatch.observer/filing/0000936528-24-000128

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