secwatch.observer — SEC 8-K summary
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Issuer:     WAFD INC (WAFD)
CIK:        0000936528
Form:       8-K
Filed at:   2025-04-15T23:59:59+00:00
Accession:  0000936528-25-000061
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WaFd Q2 FY25 net income $56.3M, EPS $0.65; NIM expands to 2.55%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936528/000093652825000061/0000936528-25-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936528/000093652825000061/wfsl-20250411.htm
  HTML page:      https://secwatch.observer/filing/0000936528-25-000061

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