Latest News on WAFD

Financial News Based On Company


Advertisement
Advertisement

William Blair Investment Management Boosts WaFd, Inc. Stake

https://nationaltoday.com/us/wa/seattle/news/2026/03/02/william-blair-investment-management-boosts-wafd-inc-stake/
William Blair Investment Management LLC has increased its stake in WaFd, Inc. by 14.3% in the third quarter of 2026, signaling confidence in the regional bank's performance and growth potential. The firm now holds over 1.1 million shares, valued at $33,328,000, which could positively influence WaFd's stock performance and market position. This move comes as other institutional investors like Vanguard Group Inc. reduced their stakes in WaFd.

William Blair Investment Management LLC Purchases 137,525 Shares of WaFd, Inc. $WAFD

https://www.marketbeat.com/instant-alerts/filing-william-blair-investment-management-llc-purchases-137525-shares-of-wafd-inc-wafd-2026-03-02/
William Blair Investment Management LLC increased its stake in WaFd, Inc. (NASDAQ:WAFD) by 14.3% in the third quarter, adding 137,525 shares to own a total of 1,100,312 shares worth approximately $33.33 million. Despite this increase in institutional ownership, WaFd recently missed analysts' earnings and revenue estimates, causing its stock to open down approximately 4.4%. The company also announced a quarterly dividend of $0.27 per share.

WAFD Earning Date, Earning Analysis and Earning Prediction

https://intellectia.ai/en/stock/WAFD/earnings
This article provides an earnings analysis and prediction for WAFD, detailing its FY2026Q1 results, analyst forecasts for 2026/Q2, and the correlation between earnings revisions and stock price movements. It highlights recent revenue and EPS estimates, historical stock reactions to earnings reports, and the sentiment from WaFd Inc's Q4 2025 earnings call. The analysis helps investors understand WAFD's financial trends and potential buying opportunities.

(WAFD) Risk Channels and Responsive Allocation

https://news.stocktradersdaily.com/news_release/20/WAFD_Risk_Channels_and_Responsive_Allocation_021726032402_1771316642.html
This article analyzes Washington Federal Inc. (WAFD), noting a weak near-term sentiment but strong long-term outlook. It highlights a 20.0:1 risk-reward setup targeting a 5.6% gain against 0.3% risk, driven by a mid-channel oscillation pattern. The report provides three AI-generated trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—tailored for different risk profiles.

There's A Lot To Like About WaFd's (NASDAQ:WAFD) Upcoming US$0.27 Dividend

https://simplywall.st/stocks/us/banks/nasdaq-wafd/wafd/news/theres-a-lot-to-like-about-wafds-nasdaqwafd-upcoming-us027-d
WaFd, Inc. (NASDAQ:WAFD) is set to pay a dividend of US$0.27 per share, offering a trailing yield of 3.2%. The company's dividend appears sustainable, with a payout ratio of 28% of its profits and a history of 7.6% dividend growth over the past decade, alongside 5.9% earnings per share growth. Analysts forecast continued growth for WaFd, suggesting it could be an attractive dividend stock.
Advertisement

Wafd stock hits 52-week high at 34.04 USD By Investing.com

https://ng.investing.com/news/company-news/wafd-stock-hits-52week-high-at-3404-usd-93CH-2323524
WaFd Inc. stock has reached a new 52-week high of $34.04, reflecting a positive 12.15% change over the past year. Despite slightly missing Q1 fiscal year 2026 earnings expectations, the company demonstrates strong shareholder commitment with a 43-year consecutive dividend history and a current yield of 3.24%. Keefe, Bruyette & Woods raised its price target to $34.00, and the company announced a regular quarterly cash dividend of 27 cents per share, alongside expanding its share repurchase program.

Wafd stock hits 52-week high at 34.04 USD

https://www.investing.com/news/company-news/wafd-stock-hits-52week-high-at-3404-usd-93CH-4485250
WaFd Inc. stock has reached a new 52-week high at $34.04, reflecting a 12.15% increase over the past year and demonstrating strong investor confidence. The company boasts a consistent dividend history of 43 years and a 3.24% dividend yield. Recent news includes mixed first-quarter earnings, a raised price target from Keefe, Bruyette & Woods, and an expanded share repurchase program.

WaFd wins appeal to upgrade regulatory rating, clearing path for expansion

https://www.bizjournals.com/seattle/news/2026/01/26/wafd-cra-fdic-brent-beardall-mercer-island.html
WaFd Bank has successfully appealed a "needs to improve" regulatory rating from 2024, clearing the way for potential expansion. The bank had previously exited its single-family mortgage lending business in January 2025. This upgraded rating signifies an important regulatory milestone for WaFd.

How Earnings Momentum And CRA Upgrade At WaFd (WAFD) Has Changed Its Investment Story

https://www.sahmcapital.com/news/content/how-earnings-momentum-and-cra-upgrade-at-wafd-wafd-has-changed-its-investment-story-2026-01-23
WaFd, Inc. (WAFD) reported strong first-quarter fiscal 2026 results with increased net interest income and net income, alongside significant progress on its share repurchase program. Concurrently, WaFd Bank's Community Reinvestment Act (CRA) rating was upgraded to "Satisfactory" by the FDIC, removing a regulatory hurdle that had limited its expansion and merger capabilities. This combination of robust earnings and regulatory relief significantly alters WaFd's investment narrative, although the stock may still be trading above its fair value according to some estimates.

WaFd: Fiscal Q1 Earnings Snapshot

https://www.king5.com/article/syndication/associatedpress/wafd-fiscal-q1-earnings-snapshot/616-25a64056-5d0e-401a-828b-71aca4fc93d9
WaFd, Inc (WAFD) reported fiscal first-quarter net income of $64.2 million, or 79 cents per share, with adjusted earnings of 75 cents per share, which fell short of Wall Street expectations. The Seattle-based bank's revenue was $342.8 million for the period, and its revenue net of interest expense was $191.4 million, also missing Street forecasts. The earnings per share estimate from analysts surveyed by Zacks Investment Research was 76 cents per share.
Advertisement

Wafd stock hits 52-week high at $33.81 By Investing.com

https://au.investing.com/news/company-news/wafd-stock-hits-52week-high-at-3381-93CH-4199797
WaFd Inc.'s stock reached a 52-week high of $33.81, reflecting a positive trend with an 8.25% one-year total return and a 10.08% gain over six months. The company boasts a P/E ratio of 12.78, a dividend yield of 3.22%, and a history of 43 consecutive years of dividend payments, with increases for the past seven years. Despite recent earnings missing analyst forecasts, the InvestingPro analysis suggests the stock is undervalued, indicating potential for further appreciation.

Veteran Commercial Banker, Colin Murphy, Joins WaFd Bank as Regional President of Northern Oregon

https://www.eagletribune.com/region/veteran-commercial-banker-colin-murphy-joins-wafd-bank-as-regional-president-of-northern-oregon/article_401fb9b7-1870-5bb1-bebe-776296707699.html
WaFd, Inc. (Nasdaq: WAFD) has announced that Colin Murphy has joined WaFd Bank as the Regional President for Northern Oregon. Murphy brings over 22 years of banking experience, with 15 years dedicated to commercial banking, and will lead the bank's commercial and retail banking strategy in the region. He is known for his relationship-based leadership style and commitment to community impact.

WAFD Stock: Quiet Gains, Tight Range – Is Washington Federal Inc Ready For A Breakout?

https://www.ad-hoc-news.de/boerse/news/ueberblick/wafd-stock-quiet-gains-tight-range-is-washington-federal-inc-ready/68448804
Washington Federal Inc (WAFD) stock has seen quiet gains, trading in a tight range and closing the year near the upper half of its 52-week range. Despite a modest recent pullback, the stock has rebounded over the past quarter and is viewed as resilient, with analysts offering a cautiously constructive outlook. Investors are now questioning whether the regional bank is poised for a breakout or simply consolidating before the next market cycle.

Arrowstreet Capital Limited Partnership Buys New Position in WaFd, Inc. $WAFD

https://www.marketbeat.com/instant-alerts/filing-arrowstreet-capital-limited-partnership-buys-new-position-in-wafd-inc-wafd-2025-12-11/
Arrowstreet Capital Limited Partnership has acquired a new position of 261,833 shares in WaFd, Inc. (NASDAQ:WAFD) during the second quarter, valuing the stake at approximately $7.67 million. This makes Arrowstreet Capital Limited Partnership the owner of about 0.33% of WaFd. Insider transactions include CEO Brent J. Beardall doubling his stake by purchasing 3,000 shares and Director Sean Singleton selling 1,004 shares.

WaFd, Inc. $WAFD Shares Sold by SG Americas Securities LLC

https://www.marketbeat.com/instant-alerts/filing-wafd-inc-wafd-shares-sold-by-sg-americas-securities-llc-2025-11-27/
SG Americas Securities LLC reduced its stake in WaFd, Inc. by 49.9% in Q2, selling 18,666 shares, yet institutional investors still collectively own 83.71% of the company's stock. WaFd declared a quarterly dividend of $0.27 per share, set to be paid on December 5th, with a 3.3% dividend yield. Despite some analyst downgrades to a "hold" or "sell" rating, insiders like CEO Brent J. Beardall have been purchasing shares, showing confidence in the company.
Advertisement

Why WaFd Inc stock remains a top recommendation - Portfolio Risk Summary & Detailed Earnings Play Strategies

https://fcp.pa.gov.br/blank/Why-WaFd-Inc-stock-remains-a-top-recommendation
The provided article content reports an HTTP Error 404.0 - Not Found, indicating that the resource titled "Why WaFd Inc stock remains a top recommendation" is unavailable. The error details suggest that the file or directory does not exist on the web server, or there's a typographical error in the URL.

Can WaFd Inc (WAO) stock reach $200 price target - 2025 Short Interest & Community Verified Trade Signals

https://www.newser.com/story/377244/Can-WaFd-Inc-(WAO)-stock-reach-$200-price-target
This article indicates that the requested page does not exist on Newser. It appears to be a broken link for what was intended to be an article discussing whether WaFd Inc (WAO) stock could reach a $200 price target, likely involving short interest and community-verified trade signals for 2025. The content provided is a standard "Page Not Found" message from the website.

WaFd Inc. Announces Annual and Fourth Quarter Results

https://www.tradingview.com/news/tradingview:4cd88d6d1c97e:0-wafd-inc-announces-annual-and-fourth-quarter-results/
WaFd Inc. reported a net income of $60.6 million for the fourth quarter and $226 million for the full fiscal year ending September 30, 2025, representing a 13% increase year-over-year. The company saw significant growth in new loan originations and improved its net interest margin, alongside a strategic shift from mortgage lending to business solutions. WaFd also repurchased shares and paid its 170th consecutive quarterly dividend, with management expressing optimism for future growth and shareholder returns.

WaFd, Inc. Experiences Revision in Stock Evaluation Amid Market Dynamics and Performance Challenges - Markets Mojo

https://www.marketsmojo.com/news/stocks-in-action/wafd-inc-technical-trend-shifts-from-sideways-to-mildly-bearish-amid-stock-decline-3617376
WaFd, Inc. has experienced a revision in its stock evaluation due to mixed technical indicators and underperformance compared to the S&P 500. The stock closed at $28.91, with bearish trends noted in MACD and Bollinger Bands, while moving averages show a mildly bullish outlook daily. Over the past year, WaFd's stock declined by 17.34%, whereas the S&P 500 gained 13.36%, highlighting the company's market challenges.

Could WaFd’s (WAFD) Loan Quality Trends Reveal More Than the Recent Earnings Miss? - Yahoo Finance

https://finance.yahoo.com/news/could-wafd-wafd-loan-quality-111538817.html
WaFd's recent Q4 and full-year earnings showed a slight dip in quarterly net interest and net income year-over-year, but full-year profitability and diluted EPS improved, and the dividend was reinforced. Despite missing Wall Street expectations and broader regional bank concerns, WaFd's net charge-offs decreased, suggesting its loan quality might be more stable than sector trends imply. The market remains vigilant on credit quality and lending trends, with WaFd's shares trading 23% above fair value according to some estimates.
Advertisement

WaFd Inc. Reports Strong Fiscal 2025 Results

https://www.tipranks.com/news/company-announcements/wafd-inc-reports-strong-fiscal-2025-results
WaFd Inc. (Washington Federal) reported strong fiscal 2025 results with a net income of $226 million, a 13% increase from the previous year. The company saw a significant increase in loan originations and an improved deposit mix due to its strategic shift towards business banking, despite a slight rise in non-performing assets. Management remains optimistic about future growth and enhancing shareholder value.

Earnings call transcript: WaFd Inc. misses Q4 2025 earnings forecast By Investing.com - Investing.com Australia

https://m.au.investing.com/news/transcripts/earnings-call-transcript-wafd-inc-misses-q4-2025-earnings-forecast-93CH-4067799?ampMode=1
WaFd Inc. (WAFD) announced its Q4 2025 earnings, missing analyst EPS and revenue forecasts, posting an EPS of $0.72 against an expected $0.77, and revenue of $188.3 million compared to $191.04 million. Despite the miss, the stock saw a modest increase of 0.68% to $27.83, supported by a 3.88% dividend yield and six consecutive years of dividend growth. The earnings call detailed the company's "Build 2030" strategy, focusing on transitioning to a commercial bank, increasing non-interest-bearing deposits, and expanding wealth management services, while addressing risks, loan performance, and the impact of interest rate changes and M&A trends.

Earnings call transcript: WaFd Inc. misses Q4 2025 earnings forecast - Investing.com

https://www.investing.com/news/transcripts/earnings-call-transcript-wafd-inc-misses-q4-2025-earnings-forecast-93CH-4295063
This article is an earnings call transcript for WaFd Inc., indicating that the company missed its Q4 2025 earnings forecast. The content provided suggests a technical error occurred during the loading of the page.

WAFD Oct 2025 30.000 call (WAFD251017C00030000) stock price, news, quote and history - Yahoo

https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_a9232950-0608-479d-9359-b186fbdab705
This page from Yahoo is a consent management page, explaining how Yahoo and its partners use cookies and personal data on their sites and apps. It outlines the purposes for data collection, such as providing services, security measures, and measurement. Users are given options to accept all, reject all, or manage their privacy settings regarding the use of cookies for analytics and personalized advertising.

WAFD Oct 2025 35.000 call (WAFD251017C00035000) stock price, news, quote and history - Yahoo

https://consent.yahoo.com/v2/collectConsent?sessionId=1_cc-session_3c2afbf3-5eeb-4167-864c-927fa05b10b1
This page is a consent management interface from Yahoo, detailing their use of cookies and other technologies. It explains how user data is collected and used for site functionality, security, analytics, and personalized advertising. Users are given options to "Accept all," "Reject all," or "Manage privacy settings" to customize their cookie preferences.
Advertisement

WAFD Oct 2025 25.000 put (WAFD251017P00025000) stock price, news, quote and history - Yahoo

https://uk.finance.yahoo.com/quote/WAFD251017P00025000/
This page on Yahoo Finance is dedicated to providing stock information for the WAFD Oct 2025 25.000 put option, identified by the ticker WAFD251017P00025000. It likely contains details regarding its price, related news, historical data, and quotes. The content provided is primarily a cookie consent notice, indicating the user needs to accept or manage privacy settings to access the full financial data.

Compared to Estimates, WaFd (WAFD) Q4 Earnings: A Look at Key Metrics - sharewise.com

https://www.sharewise.com/us/news_articles/Compared_to_Estimates_WaFd_WAFD_Q4_Earnings_A_Look_at_Key_Metrics_Zacks_20251017_0100
WaFd (WAFD) reported its Q4 2025 earnings, with revenue of $188.3 million falling short of Zacks Consensus Estimate by 1.01% and an EPS of $0.72 missing the consensus estimate by 4%. The article details key financial metrics such as Efficiency Ratio, Net Interest Margin, and Total Non-performing Assets, comparing them to analyst estimates. This report provides investors with insights into the company's performance against expectations.

Compared to Estimates, WaFd (WAFD) Q4 Earnings: A Look at Key Metrics

https://finance.yahoo.com/news/compared-estimates-wafd-wafd-q4-230001463.html
WaFd (WAFD) reported its Q4 2025 earnings, showing a slight year-over-year revenue decline but an increase in EPS. The company's revenue missed Zacks Consensus Estimate, while its EPS also came in below analyst predictions. Key metrics like Net Interest Margin were in line with estimates, though Total Non-performing Assets and Total Non-accrual loans exceeded expectations.

WaFd: Fiscal Q4 Earnings Snapshot - San Antonio Express-News

https://www.expressnews.com/business/article/wafd-fiscal-q4-earnings-snapshot-21104819.php
WaFd reported earnings of 74 cents per share for its fiscal fourth quarter, missing Wall Street expectations. The bank posted revenue of $143.9 million, also falling short of analyst forecasts. For the full year, WaFd reported earnings of $3.00 per share on revenue of $601.7 million.

WaFd: Fiscal Q4 Earnings Snapshot - MarketScreener

https://www.marketscreener.com/news/wafd-fiscal-q4-earnings-snapshot-ce7d5adcdf8df523
WaFd, Inc. reported fiscal fourth-quarter earnings of $60.6 million, or 72 cents per share, missing Wall Street expectations of 75 cents per share. The company's revenue net of interest expense was $188.3 million, which also did not meet Street forecasts. The report was generated by Automated Insights using data from Zacks Investment Research.
Advertisement

WaFd, Inc. Reports Earnings Results for the Fourth Quarter and Full Year Ended September 30, 2025 - MarketScreener

https://www.marketscreener.com/news/wafd-inc-reports-earnings-results-for-the-fourth-quarter-and-full-year-ended-september-30-2025-ce7d5adcdf80f12c
WaFd, Inc. announced its earnings results for the fourth quarter and full year ended September 30, 2025. For the fourth quarter, net interest income was $169.91 million and net income was $60.6 million. For the full year, net interest income reached $654.24 million, with net income totaling $226.07 million, resulting in basic and diluted EPS of $2.64 and $2.63 respectively.

WaFd reports Q4 EPS 72C, consensus 76C - TipRanks

https://www.tipranks.com/news/the-fly/wafd-reports-q4-eps-72c-consensus-76c-thefly
WaFd reported Q4 EPS of 72 cents, falling short of the consensus estimate of 76 cents. Despite this, the company achieved an improving net interest margin of 2.71% and a significant 103% increase in new loan originations compared to the previous quarter. CEO Brent Beardall highlighted a successful business model shift from mortgage lending to providing solutions for businesses, resulting in an improved deposit mix with checking accounts rising to 35% of deposits.

Lender WaFd's Q4 interest income rises on lower cost of deposits - TradingView

https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3VX0ZY:0-lender-wafd-s-q4-interest-income-rises-on-lower-cost-of-deposits/
WaFd Inc. reported a 2% decrease in Q4 net income compared to the prior quarter, but saw its net interest income rise to $169.9 million due to a lower cost of deposits and borrowings. The company also repurchased 969,653 shares and shifted its business model from mortgage lending to business solutions, which improved its deposit mix. Analysts currently rate the stock a "hold" with a median 12-month price target of $32.50.

WaFd, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended September 30, 2025 - MarketScreener

https://www.marketscreener.com/news/wafd-inc-reports-net-charge-offs-for-the-fourth-quarter-ended-september-30-2025-ce7d5adcde8ff624
WaFd, Inc. announced its net charge-offs for the fourth quarter ended September 30, 2025, which totaled $1.0 million. This figure represents a significant decrease compared to the $5.4 million reported in the prior quarter. The brief report highlights a positive trend in the company's loan portfolio health.

TFS Financial, Northwest Bancshares, Flagstar Financial, Columbia Financial, and WaFd Bank Shares Plummet, What You Need To Know - The Globe and Mail

https://www.theglobeandmail.com/investing/markets/stocks/FLG/pressreleases/35509052/tfs-financial-northwest-bancshares-flagstar-financial-columbia-financial-and-wafd-bank-shares-plummet-what-you-need-to-know/
Shares of several banks including TFS Financial, Northwest Bancshares, Flagstar Financial, Columbia Financial, and WaFd Bank fell following disclosures from two lenders about deteriorating loan quality. Incidents like Zions Bancorp's $50 million charge-off and Western Alliance Bancorp's problem with collateral raised concerns about potential loan losses and reduced profitability in the regional banking sector. Despite the downturn, Flagstar Financial had recently seen gains due to strong Q3 earnings from major banks and Jerome Powell's comments on potentially halting quantitative tightening.
Advertisement

WaFd, Inc. - Common Stock (Nasdaq:WAFD) Stock Quote | Penticton Herald: Finance - FinancialContent

https://markets.financialcontent.com/pentictonherald/quote?Symbol=537%3A343646
This page provides a comprehensive overview of WaFd, Inc. (NASDAQ:WAFD) stock, including its current trading price, detailed financial metrics like volume, bid/ask, and dividend yield, and historical performance data. It also features recent news articles covering the company's Q3 2025 earnings, dividend announcements, and analyst insights.

WaFd (WAFD) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures - sharewise.com

https://www.sharewise.com/us/news_articles/WaFd_WAFD_Q4_Earnings_on_the_Horizon_Analysts_Insights_on_Key_Performance_Measures_Zacks_20251013_1515
WaFd (WAFD) is projected to report Q4 earnings of $0.75 per share, a 7.1% increase year-over-year, with revenues forecasted at $190.22 million, up 0.8%. Analysts’ estimates for key metrics like non-performing assets, interest-earning assets, efficiency ratio, non-accrual loans, noninterest income, and net interest income provide a detailed outlook on the bank's upcoming performance. Despite recent share returns of -8.5%, WaFd holds a Zacks Rank #3 (Hold), suggesting market-aligned performance.

WaFd (WAFD) Q4 Earnings on the Horizon: Analysts' Insights on Key Performance Measures - Yahoo Finance

https://finance.yahoo.com/news/wafd-wafd-q4-earnings-horizon-131505493.html
WaFd (WAFD) is projected to report Q4 earnings of $0.75 per share, a 7.1% increase year-over-year, with revenues expected to rise by 0.8% to $190.22 million. Analysts are closely watching key metrics such as non-performing assets, interest-earning assets, and net interest income, with the consensus EPS estimate remaining stable over the last 30 days. The stock currently holds a Zacks Rank #3 (Hold), suggesting market-aligned performance in the near future.

One Bank CEO Survived a Deadly Plane Crash, the Other Bank CEO Survived Hurricane Katrina

https://www.twst.com/news/bank-ceo/
This article highlights two bank CEOs who experienced life-threatening events that subsequently shaped their business focus. Brent Beardall, CEO of WaFd Bank, a plane crash survivor, emphasizes a "bank with heart" approach to serve a broader range of clients. John Hairston, CEO of Hancock Whitney, navigated the bank through Hurricane Katrina, an event that became a significant catalyst for its growth and stability.

WaFd Bank Completes Sale of $2.8 Billion in Multi-Family Loans

https://www.businesswire.com/news/home/20240621636804/en/WaFd-Bank-Completes-Sale-of-%242.8-Billion-in-Multi-Family-Loans
WaFd Bank announced the sale of approximately $2.8 billion in multi-family commercial real estate loans to Bank of America, which will then sell them to PIMCO. This sale, executed at no loss to WaFd and at 92% of the principal balance, provides immediate liquidity for debt reduction, loan origination, or stock buybacks. WaFd Bank emphasizes that the discount reflects changes in interest rates rather than the quality of these CRE loans, which originated from the Luther Burbank Savings acquisition.
Advertisement

WaFd, Inc. Receives Regulatory Approval for Acquisition of Luther Burbank Corporation

https://www.businesswire.com/news/home/20240130316432/en/WaFd-Inc.-Receives-Regulatory-Approval-for-Acquisition-of-Luther-Burbank-Corporation
WaFd, Inc. and Luther Burbank Corporation have received all necessary regulatory approvals for their merger, which is expected to close by February 29, 2024. This acquisition will expand WaFd Bank's footprint to nine western states by adding ten California branches of Luther Burbank. Both companies anticipate significant opportunities for customers and shareholders through this combination and value alignment.

WaFd Bank Partners with the Network of Giving to Fund Non-Profits in Washington

https://www.businesswire.com/news/home/20241121627202/en/WaFd-Bank-Partners-with-the-Network-of-Giving-to-Fund-Non-Profits-in-Washington
WaFd Bank has partnered with the Network of Giving to launch a program in Seattle that facilitates merchant-funded micro-donations to local non-profits. This initiative allows consumers to support organizations like United Way of King County and Make-A-Wish Alaska and Washington at no additional cost when they shop at participating businesses. The partnership aims to leverage digital commerce for community benefit, aligning with WaFd Bank's philosophy of supporting small businesses and local charities.

Financial institutions might alter work-from-home policies to comply with regulators - Puget Sound Business Journal

https://www.bizjournals.com/seattle/news/2024/07/22/banks-work-from-home-umpqua-chase-wafd.html
Financial institutions are increasingly requiring employees to return to the office due to stricter security regulations. This shift is prompting changes in hybrid work policies across the industry. Some companies are using in-office perks, like pickleball courts, to encourage attendance.

WaFd to sell CRE loans to Bank of America in $2.9B deal

https://www.bankingdive.com/news/wafd-sells-bank-america-bofa-3-billion-cre-loan-portfolio/716548/
WaFd is selling approximately 2,000 commercial multifamily real estate loans to Bank of America for about $2.9 billion, a move that comes as regulators scrutinize banks with large commercial real estate portfolios. The unpaid principal balance of these loans totals around $3.2 billion. This transaction follows a similar move by New York Community Bank to reduce its CRE exposure after a significant loss.

WaFd Bank to Streamline Payments for Small Businesses With Cashflow Central From Fiserv

https://ffnews.com/newsarticle/fintech/wafd-bank-to-streamline-payments-for-small-businesses-with-cashflow-central-from-fiserv/
WaFd Bank has partnered with Fiserv to integrate CashFlow Central, a solution designed to streamline payments and cash flow management for its small business customers. This initiative will allow small businesses to manage invoicing, accept payments, and pay suppliers more efficiently, addressing a common pain point in cash flow management. The partnership aims to enhance WaFd Bank's offerings for small businesses and support their long-term success.
Advertisement

WaFd, Luther Burbank deal gets regulatory nods

https://www.bankingdive.com/news/wafd-luther-burbank-deal-gets-regulatory-approvals/706308/
WaFd and Luther Burbank have received regulatory approval for their extended $654 million acquisition deal, now expected to close by February 29, 2024. The merger, which was delayed multiple times, will create a combined institution with $29 billion in assets and allow WaFd to enter the California market. The deal had faced opposition from advocacy groups concerned about fair housing and systemic risk.

After delays, WaFd secures regulatory approvals for acquisition of Luther Burbank

https://www.americanbanker.com/news/after-delays-wafd-secures-regulatory-approvals-for-acquisition-of-luther-burbank
WaFd Inc. has finally secured all necessary regulatory approvals from the FDIC, Federal Reserve System Board of Governors, and Washington State Department of Financial Institutions to acquire Luther Burbank, after multiple delays. The $654 million transaction, initially announced in November 2022, is now expected to close by the end of February, creating a combined institution with over $30 billion in assets and expanding WaFd's presence into California. Despite past regulatory hurdles and M&A slowdowns in the banking sector, WaFd CEO Brent Beardall expressed confidence in the deal's potential to gain market share following recent bank failures.

WaFd (WAFD)-Luther Burbank (LBC) Merger Gets Regulatory Nod

https://finance.yahoo.com/news/wafd-wafd-luther-burbank-lbc-142700533.html
The merger between WaFd (WAFD) and Luther Burbank (LBC) has received all necessary regulatory approvals and is set to close by February 29. This strategic deal will expand WaFd’s presence to nine western states and is anticipated to result in significant cost savings and accretion to WaFd's earnings per share. Despite an initial delay, shareholders from both companies approved the all-stock transaction in May 2023.

WaFd Bank foundation helps bank manager pay it forward

https://www.tricitiesbusinessnews.com/articles/4868-wafd-bank-foundation
Rosie Salinas, manager of WaFd Bank's Hermiston branch, helped secure a $7,500 grant from the WaFd foundation for Agape House, a food bank that once supported her and her children. This act of giving back is a "full-circle moment" for Salinas, who experienced similar struggles as a single mother. WaFd Bank is also expanding, with a new Kennewick branch set to open in February 2024.

Patti Payne: WaFd CEO Brent Beardall is back on the job with a new perspective

https://www.bizjournals.com/seattle/news/2023/03/22/wafd-ceo-brent-beardall-return-to-work.html
WaFd CEO Brent Beardall has returned to work after surviving a plane crash in January that killed the pilot. He is recovering and walking, a significant feat given the severity of the accident. The article highlights his resilience and new outlook following the near-fatal incident.
Advertisement
Advertisement
Advertisement
Advertisement

Sign Up free to view live trades and discussion forum to make more informed financial decisions. No credit card is required for sign up!
View Daily Trades
Join Discussion

Advertisement
Advertisement
Advertisement
Advertisement