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WaFd: Fiscal Q4 Earnings Snapshot
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SEATTLE (AP) — SEATTLE (AP) — WaFd, Inc (WAFD) on Thursday reported fiscal fourth-quarter earnings of $60 million.

The bank, based in Seattle, said it had earnings of 76 cents per share. Earnings, adjusted for non-recurring costs, were 85 cents per share.

The results beat Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 84 cents per share.

The holding company for Washington Federal Savings Bank posted revenue of $374.6 million in the period. Its revenue net of interest expense was $220.4 million, also topping Street forecasts. Three analysts surveyed by Zacks expected $201.5 million.

For the year, the company reported profit of $255.9 million, or $3.21 per share. Revenue was reported as $814.7 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WAFD at https://www.zacks.com/ap/WAFD

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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