earnings
confidence high
sentiment positive
materiality 0.75
WaFd Q2 FY25 net income $56.3M, EPS $0.65; NIM expands to 2.55%
WAFD INC
2025-Q2 EPS
reported $1.18
vs consensus $0.69
▲ beat
(+70.5%)
- Net income $56.3M, up 19% QoQ and 254% YoY; diluted EPS $0.65 vs $0.54 prior quarter.
- Net interest margin improved to 2.55% from 2.39% QoQ; net interest income $161M.
- Non-performing assets fell to 0.26% of total assets; provision for credit losses $2.75M.
- Non-interest income up 20% QoQ led by WaFd Insurance revenue increase of $1.7M.
- Repurchased 726,082 shares at avg $29.39; paid quarterly dividend $0.27 per share.