LendingTree Q2 Earnings Surpass Estimates, EBITDA Improves Y/Y
TREE's Q2 adjusted net income per share of $1.13 beat estimates as revenues and EBITDA increase sharply despite higher costs.
WAFD Gains as Q3 Earnings Beat on Fee Income, Weak Lending Hurts NII
WaFd beats fiscal Q3 estimates on higher fee income and decline in costs, but weak lending and rising credit loss provisions weigh on it.
Comerica's Q2 Earnings to be Hurt by Higher Expenses & Lower Deposits
CMA's Q2 earnings may fall 19.6% despite revenue gains, as rising expenses and deposit declines weigh on results.
HWC Q2 Earnings Beat Estimates on NII & Fee Income Growth, Stock Down
HWC tops Q2 estimates with EPS of $1.37, but shares dip 3.2% as deposit declines and credit costs weigh on results.
Here's Why You Should Add Bank of Hawaii Stock to Your Portfolio Now
BOH stock is a smart buy with rising loans, strong liquidity and bullish earnings estimates.
WAFD's Q2 Earnings Beat Estimates on Higher NII & Fee Income
WaFd's fiscal Q2 earnings beat estimates on the back of higher revenues and lower expenses. However, a decline in loan balance is a headwind.
Why WaFd Shares Are Trading Higher By 6%; Here Are 20 Stocks Moving Premarket - Alta Equipment Group ( NYSE:ALTG ) , Mobile Infrastructure ( AMEX:BEEP )
Shares of WaFd, Inc. WAFD rose sharply in today's pre-market trading following second-quarter results. WaFd posted quarterly GAAP EPS of 65 cents, beating market estimates of 58 cents. The company's quarterly sales came in at $179.79 million versus expectations of $157.81 million.
Annaly Shares Gain as It Increases Quarterly Dividend by 7.7%
NLY increases the first-quarter 2025 dividend by 7.7% to 70 cents per share. Given its decent liquidity, capital distribution seems sustainable.
LendingTree Q4 Earnings Surpass Estimates, Expenses Increase Y/Y
TREE's fourth-quarter 2024 results are driven by a rise in revenues. However, an increase in total cost is a spoilsport.
Red River Bancshares Increases Quarterly Dividend by 33.3%, Stock Up
RRBI hikes its quarterly dividend by 33.3% to 12 cents per share. A solid balance sheet and capital position will likely help sustainable capital distributions.
WaFd Rewards Shareholders With a 3.8% Dividend Increase
WAFD announces a 3.8% hike in its quarterly dividend to 27 cents per share. A decent liquidity and capital position will help sustain capital distributions.
WAFD Misses on Q1 Earnings, Exits Single-Family Mortgage Lending
Higher expenses hurt WaFd's fiscal Q1 earnings, partly offset by a rise in revenues and nil provisions. The company exits single-family mortgage lending.
Deutsche Bank Completes Offloading Its $1B CRE Loan Portfolio
DB completes the sale of its nearly $1-billion CRE loan portfolio, reducing its exposure to an asset class that has adversely impacted its business.
WAFD's Q4 Earnings Beat on Nil Provisions, Revenues Rise on LBC Deal
The acquisition of LBC leads to higher NII and non-interest income and a rise in loan balance. These, along with nil provisions, aid WAFD's fiscal Q4 earnings.
WaFd & Its Unit Receive Ratings From KBRA With Stable Outlook
Kroll Bond Rating initiates ratings for WaFd with a stable outlook. This reflects a well-managed portfolio with low risk and better performance than its peers.
WAFD's Strategic Initiatives Aid Amid Weak Asset Quality
WAFD remains well-poised for growth on higher rates, strategic restructuring and expansion moves, and a solid balance sheet. However, rising expenses and worsening asset quality remain woes.
Implied Volatility Surging for WaFd, Inc. ( WAFD ) Stock Options
Investors need to pay close attention to WaFd, Inc. (WAFD) stock based on the movements in the options market lately.
Deutsche Bank ( DB ) to Offload $1B US Commercial Property Loans
Deutsche Bank (DB) is planning to offload up to $1 billion of U.S. commercial property loans to reduce CRE exposure.
WAFD's Q3 Earnings Beat Estimates, Revenues Rise on LBC Deal - Commerce Bancshares ( NASDAQ:CBSH ) , BankUnited ( NYSE:BKU )
WaFd, Inc.'s WAFD third-quarter fiscal 2024 ( ended Jun 30 ) adjusted earnings of 76 cents per share handily surpassed the Zacks Consensus Estimate of 59 cents. Also, the bottom line rose 4.1% sequentially.
WAFD's Q3 Earnings Beat Estimates, Revenues Rise on LBC Deal
The LBC acquisition drives revenues and loan balance, which, along with lower provisions, aid WAFD's fiscal Q3 earnings.
Prosperity Bancshares' ( PB ) Buyouts Aid Amid Pressure on NIM
Prosperity Bancshares (PB) is well-positioned for growth given strategic acquisitions, improving deposit mix and decent loan demand. However, contracting NIM and weak mortgage income are woes.
WAFD Rides on Strategic Buyouts Amid Weak Asset Quality
WAFD is well-poised for growth amid high rates, decent loan demand and LBC acquisition. However, a rising expense base and worsening asset quality remain major challenges.
WaFd ( WAFD ) Completes Sale of CRE Loans, Enhances Liquidity
WaFd (WAFD) completes the divestiture of its CRE loan portfolio. The sale bolsters the company's liquidity profile amid the high interest rate regime.
6 Regional Banks' Ratings on Review for Downgrade by Moody's - First Merchants ( NASDAQ:FRME ) , F N B ( NYSE:FNB )
Commercial real estate ( "CRE" ) continues to be an area of concern amid the high-interest-rate environment. Because of their significant exposure to CRE loans, the long-term ratings of at least six regional banks in the United States have been placed under review for downgrade by Moody's ...
6 Regional Banks' Ratings on Review for Downgrade by Moody's
Old National (ONB), Fulton (FULT), FNB, WaFd (WAFD) and two other regional banks' ratings are on review for downgrade by Moody's due to concerns over CRE exposure.
Robinhood ( HOOD ) Gains on Plan to Repurchase up to $1B Shares
Robinhood (HOOD) announces a plan to buy back up to $1 billion in shares over two to three years, starting from the third quarter of 2024.
Canadian Imperial ( CM ) Signs Deals to Offload US Office Loans
With an aim to lower exposure to U.S. office loans, Canadian Imperial (CM) signs deals with several buyers to offload loans worth $316 million at a discount.
WaFd ( WAFD ) Trims CRE Exposure, Agrees to Sell CRE Loans to BofA
WaFd (WAFD) is selling 2,000 commercial multi-family real estate loans to Bank of America for $2.9 billion.
WAFD Rewards Stockholders With Buyback Plan for 10M Shares
WAFD announces a new share repurchase plan. Under this, it is authorized to buy back up to 10 million shares.
WaFd ( WAFD ) Q2 Earnings & Revenues Beat, LBC Deal Boosts Loans
WaFd's (WAFD) fiscal second-quarter earnings beat estimates on the back of higher revenues and loan balance. However, high costs and provisions turn out to be headwinds.
Commerce Bancshares ( CBSH ) Stock Gains on Q1 Earnings Beat
Commerce Bancshares' (CBSH) Q1 earnings beat estimates on the back of higher non-interest income and lower provisions. However, high costs and lower NII turn out to be the undermining factors.
WaFd ( NASDAQ:WAFD ) Downgraded by StockNews.com to "Sell"
WaFd ( NASDAQ:WAFD - Get Free Report ) was downgraded by equities research analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Thursday. A number of other analysts also recently commented on the company.
StockNews.com Downgrades WaFd ( NASDAQ:WAFD ) to Sell
WaFd ( NASDAQ:WAFD - Get Free Report ) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a report issued on Saturday.
StockNews.com Downgrades WaFd ( NASDAQ:WAFD ) to Sell
WaFd ( NASDAQ:WAFD - Get Free Report ) was downgraded by analysts at StockNews.com from a "hold" rating to a "sell" rating in a note issued to investors on Saturday. Several other equities analysts have also issued reports on the company.
Capital City Bank ( CCBG ) Rewards Investors With Dividend Hike
Capital City Bank (CCBG) announces a dividend hike of 5% to 21 cents per share. Given the strong liquidity and balance sheet position, this looks sustainable.
StockNews.com Upgrades WaFd ( NASDAQ:WAFD ) to Hold
WaFd ( NASDAQ:WAFD - Get Free Report ) was upgraded by equities research analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued to investors on Friday. Other analysts have also issued reports about the company.
StockNews.com Upgrades WaFd ( NASDAQ:WAFD ) to Hold
WaFd ( NASDAQ:WAFD - Get Free Report ) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued on Friday.
First Savings Financial ( FSFG ) Announces 7.1% Rise in Dividend
First Savings Financial (FSFG) announces a 7.1% hike in quarterly cash dividend to reach 15 cents per share. Decent liquidity and balance sheet will help in sustaining capital distribution plans.
Trico Bancshares ( TCBK ) Announces 10% Quarterly Dividend Hike
Trico Bancshares (TCBK) announces a 10% increase in quarterly cash dividend to 33 cents per share. A stable balance sheet and decent liquidity are likely to help it sustain its capital distribution plans.
BankUnited ( BKU ) Rewards Shareholders With 7.4% Dividend Hike
BankUnited (BKU) announces a dividend hike of 7.4% to 29 cents per share. Given the decent liquidity and balance sheet position, this looks sustainable.
Red River Bancshares ( RRBI ) Announces 12.5% Dividend Hike
Red River Bancshares (RRBI) announces an increase in quarterly cash dividend by 12.5% to 9 cents per share. A strong balance sheet and capital ratios are expected to sustain its dividend payout plans.
Cohen & Steers ( CNS ) Rewards Shareholders With Dividend Hike
Cohen & Steers (CNS) announces a 3.5% increase in its quarterly dividend to 59 cents per share. Based on solid fundamentals, this seems sustainable.
WaFd ( NASDAQ:WAFD ) Downgraded by StockNews.com
WaFd ( NASDAQ:WAFD - Get Free Report ) was downgraded by equities researchers at StockNews.com from a "hold" rating to a "sell" rating in a research note issued on Thursday.
WAFD Rides on Loans & High Rates Amid Weak Asset Quality
WAFD benefits from growth in revenues and loan balance as well as high interest rates. Yet, mounting operating expenses and poor asset quality are major near-term headwinds.
Merchants Bancorp ( MBIN ) Announces 13% Increase in Dividend
Merchants Bancorp (MBIN) announces a dividend hike of 13% to 9 cents per share. Given the decent liquidity and balance sheet position, this looks sustainable in the long run.
WaFd ( NASDAQ:WAFD ) Upgraded by StockNews.com to "Hold"
StockNews.com upgraded shares of WaFd ( NASDAQ:WAFD - Free Report ) from a sell rating to a hold rating in a research report sent to investors on Wednesday. WAFD has been the topic of a number of other reports.
WAFD Rewards its Shareholders With a 4% Dividend Increase
WAFD announces a quarterly dividend hike of 4% to 26 cents per share. Given the strong liquidity and balance sheet position, this looks sustainable.
Barclays ( BCS ) to Acquire Tesco's Retail Banking Business
Barclays (BCS) announces a deal to acquire Tesco's retail banking business. This will likely bolster the company's market share in the U.K.
WaFd ( WAFD ) -Luther Burbank ( LBC ) Merger Gets Regulatory Nod
The merger deal between WaFd (WAFD) and Luther Burbank (LBC) receives all necessary regulatory approvals. The transaction will close on Feb 29.
WaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burbank Corporation - WaFd ( NASDAQ:WAFD ) , Luther Burbank ( NASDAQ:LBC )
SEATTLE, Jan. 30, 2024 ( GLOBE NEWSWIRE ) -- WaFd, Inc.
