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Complete financial analysis of Washington Federal, Inc. (WAFD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Washington Federal, Inc., a leading company in the Banks – Regional industry within the Financial Services sector.
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Washington Federal, Inc. (WAFD)
About Washington Federal, Inc.
Washington Federal, Inc. operates as the bank holding company for Washington Federal Bank, National Association that provides lending, depository, insurance, and other banking services in the United States. The company offers deposit products, including business and personal checking accounts, and term certificates of deposit, as well as money market accounts and passbook savings accounts. It also provides single-family residential, construction, land acquisition and development, consumer lot, multi-family residential, commercial and industrial, commercial real estate, home equity, business and consumer loans. In addition, the company offers insurance brokerage services, such as individual and business insurance policies; holds and markets real estate properties; mobile and internet banking services; and debit and credit cards, as well as acts as the trustee. It serves consumers, mid-sized and large businesses, and owners and developers of commercial real estate. As of September 30, 2021, the company had 219 branches located in Washington, Oregon, Idaho, Arizona, Utah, Nevada, New Mexico, and Texas. Washington Federal, Inc. was founded in 1917 and is headquartered in Seattle, Washington.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 60.69M | 742.61M | 661.61M | 566.10M | 556.49M | 544.19M | 516.12M | 485.64M | 477.33M | 453.90M | 436.28M | 402.07M | 413.54M | 442.87M | 514.89M | 375.80M | 332.34M | 275.75M | 272.77M | 274.49M | 249.75M | 270.12M | 280.58M | 226.43M | 209.83M | 223.80M | 219.60M | 208.50M | 181.30M | 165.40M | 176.20M | 172.90M | 143.90M | 121.40M | 107.30M | 101.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | -1.37B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -3.85M | 0.00 | 0.00 | 80.48M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.43B | 742.61M | 661.61M | 566.10M | 556.49M | 544.19M | 516.12M | 485.64M | 477.33M | 453.90M | 436.28M | 405.91M | 413.54M | 442.87M | 434.41M | 375.80M | 332.34M | 275.75M | 272.77M | 274.49M | 249.75M | 270.12M | 280.58M | 226.43M | 209.83M | 223.80M | 219.60M | 208.50M | 181.30M | 165.40M | 176.20M | 172.90M | 143.90M | 121.40M | 107.30M | 101.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 2,360.22% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.96% | 100.00% | 100.00% | 84.37% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 263.02M | 216.56M | 203.45M | 190.47M | 158.54M | 143.40M | 135.15M | 123.67M | 124.71M | 127.86M | 120.74M | 103.03M | 93.72M | 92.62M | 88.51M | 67.79M | 52.83M | 43.57M | 36.57M | 34.20M | 31.41M | 30.85M | 34.06M | 28.28M | 26.74M | 26.50M | 24.90M | 24.10M | 20.20M | 18.60M | 17.70M | 16.00M | 13.80M | 13.40M | 12.40M | 13.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 238.11M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 263.02M | 216.56M | 203.45M | 190.47M | 158.54M | 143.40M | 135.15M | 123.67M | 124.71M | 127.86M | 120.74M | 103.03M | 93.72M | 92.62M | 88.51M | 67.79M | 52.83M | 43.57M | 36.57M | 34.20M | 31.41M | 30.85M | 34.06M | 28.28M | 26.74M | 26.50M | 24.90M | 24.10M | 20.20M | 18.60M | 17.70M | 16.00M | 13.80M | 13.40M | 12.40M | 13.00M | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Expenses | 458.81M | -634.09M | -579.65M | -523.43M | -495.84M | 33.50M | 22.92M | 21.78M | 19.75M | 10.09M | 8.65M | 21.93M | -98.10M | -134.13M | -130.79M | -49.22M | 108.31M | 248.50M | 182.67M | 108.88M | 92.31M | 118.48M | 142.65M | 240.87M | 226.13M | 171.30M | 181.40M | 188.20M | 151.80M | 127.30M | 69.60M | 64.80M | 92.10M | 119.90M | 137.80M | 120.20M | 54.20M | 48.10M | 36.30M | 26.40M |
| Operating Expenses | 721.83M | -417.54M | -376.20M | -332.96M | -337.31M | 176.90M | 209.08M | 145.45M | 144.46M | 137.94M | 129.39M | 124.96M | -4.38M | -41.52M | -42.29M | 18.57M | 161.14M | 292.06M | 219.25M | 143.08M | 123.72M | 149.33M | 176.71M | 269.16M | 252.87M | 197.80M | 206.30M | 212.30M | 172.00M | 145.90M | 87.30M | 80.80M | 105.90M | 133.30M | 150.20M | 133.20M | 54.20M | 48.10M | 36.30M | 26.40M |
| Cost & Expenses | 721.83M | -417.54M | -376.20M | -332.96M | -337.31M | 176.90M | 209.08M | 145.45M | 144.46M | 127.39M | 129.39M | 121.12M | -4.38M | -41.52M | 80.48M | 18.57M | 161.14M | 292.06M | 219.25M | 143.08M | 123.72M | 149.33M | 176.71M | 269.16M | 252.87M | 197.80M | 206.30M | 212.30M | 172.00M | 145.90M | 87.30M | 80.80M | 105.90M | 133.30M | 150.20M | 133.20M | 54.20M | 48.10M | 36.30M | 26.40M |
| Interest Income | 1.37B | 1.04B | 666.36M | 591.61M | 621.27M | 671.47M | 607.08M | 548.92M | 536.79M | 530.55M | 533.70M | 516.29M | 590.27M | 644.64M | 663.56M | 691.77M | 701.43M | 618.68M | 529.88M | 461.90M | 413.77M | 450.19M | 507.32M | 536.41M | 498.03M | 455.60M | 460.60M | 459.00M | 404.20M | 343.80M | 287.60M | 275.40M | 271.70M | 270.80M | 265.90M | 239.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 710.88M | 352.72M | 71.77M | 86.50M | 151.76M | 190.41M | 134.94M | 116.99M | 116.54M | 117.07M | 128.08M | 136.16M | 193.25M | 227.70M | 269.10M | 318.63M | 397.64M | 358.50M | 273.36M | 195.26M | 169.75M | 194.88M | 234.94M | 320.12M | 299.51M | 244.50M | 252.20M | 257.40M | 228.80M | 188.30M | 121.10M | 116.70M | 133.50M | 160.50M | 174.40M | 157.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 134.10M | 22.97M | 64.05M | 33.91M | 39.91M | 31.06M | 46.74M | 41.68M | 22.99M | 21.22M | 17.35M | 8.71M | 7.59M | 6.67M | 5.77M | 5.15M | 7.23M | 3.30M | 2.81M | -4.91M | -8.77M | -10.63M | -2.58M | 8.73M | -9.43M | -17.30M | -20.10M | -9.10M | 5.50M | 5.40M | 5.20M | 4.90M | 3.90M | 3.60M | 3.50M | 3.60M | 0.00 | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 348.05M | 364.09M | 267.05M | 259.10M | 293.83M | 303.98M | 297.90M | 267.64M | 270.74M | 262.28M | 245.11M | 225.01M | 181.77M | 0.00 | 0.00 | 196.61M | 292.46M | 290.59M | 284.36M | 275.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 54.20M | 48.10M | 36.30M | 26.40M |
| EBITDA Ratio | 0.00% | 43.77% | 52.82% | 47.17% | 46.56% | 53.99% | 85.04% | 85.43% | 81.22% | 85.44% | 89.47% | 94.38% | 100.78% | 92.13% | 77.28% | 106.31% | 150.66% | 207.11% | 181.41% | 150.33% | 146.03% | 151.35% | 162.06% | 222.73% | 216.02% | 180.65% | 184.79% | 197.46% | 197.90% | 191.48% | 152.50% | 149.57% | 176.30% | 212.77% | 243.24% | 235.04% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -1.10B | 325.08M | 285.41M | 233.14M | 219.19M | 262.78M | 392.19M | 373.21M | 364.68M | 366.59M | 373.01M | 370.78M | 409.16M | 401.36M | 392.13M | 394.37M | 493.48M | 567.81M | 492.02M | 417.57M | 373.47M | 419.45M | 457.30M | 495.58M | 462.69M | 421.60M | 425.90M | 420.80M | 353.30M | 311.30M | 263.50M | 253.70M | 249.80M | 254.70M | 257.50M | 234.50M | 54.20M | 48.10M | 36.30M | 26.40M |
| Operating Income Ratio | -1,814.14% | 43.77% | 43.14% | 41.18% | 39.39% | 48.29% | 75.99% | 76.85% | 76.40% | 80.76% | 85.50% | 92.22% | 98.94% | 90.63% | 76.16% | 104.94% | 148.49% | 205.92% | 180.38% | 152.12% | 149.54% | 155.28% | 162.98% | 218.87% | 220.51% | 188.38% | 193.94% | 201.82% | 194.87% | 188.21% | 149.55% | 146.73% | 173.59% | 209.80% | 239.98% | 231.49% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 1.36B | -88.30M | -74.31M | -87.37M | -89.27M | -31.06M | 0.00 | 0.00 | 0.00 | -56.23M | -52.27M | -40.69M | 0.00 | 0.00 | 0.00 | 0.00 | -87.75M | 328.00K | 0.00 | -751.00K | -4.61M | -194.88M | -234.94M | -320.12M | -299.51M | -244.50M | -252.20M | -257.40M | -228.80M | -188.30M | -121.10M | -114.60M | -133.50M | -160.50M | -174.40M | -157.30M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 256.06M | 325.08M | 300.04M | 233.14M | 219.19M | 262.78M | 257.24M | 256.22M | 248.13M | 249.52M | 244.93M | 234.62M | 215.91M | 173.66M | 123.03M | 75.74M | 95.84M | 209.31M | 218.66M | 222.31M | 203.71M | 224.57M | 222.35M | 175.46M | 163.18M | 177.10M | 173.70M | 163.40M | 124.50M | 123.00M | 142.40M | 139.10M | 116.30M | 94.20M | 83.10M | 77.20M | 0.00 | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 421.89% | 43.77% | 45.35% | 41.18% | 39.39% | 48.29% | 49.84% | 52.76% | 51.98% | 54.97% | 56.14% | 58.35% | 52.21% | 39.21% | 23.89% | 20.15% | 28.84% | 75.91% | 80.16% | 80.99% | 81.57% | 83.13% | 79.25% | 77.49% | 77.77% | 79.13% | 79.10% | 78.37% | 68.67% | 74.37% | 80.82% | 80.45% | 80.82% | 77.59% | 77.45% | 76.21% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 56.02M | 67.65M | 63.71M | 49.52M | 45.75M | 52.52M | 53.39M | 82.68M | 84.09M | 89.20M | 87.56M | 83.11M | 77.73M | 62.52M | 4.37M | 27.57M | 33.51M | 74.30M | 75.56M | 76.42M | 71.84M | 79.02M | 78.40M | 61.85M | 57.50M | 62.80M | 61.90M | 58.30M | 44.60M | 44.70M | 49.60M | 45.80M | 34.40M | 24.90M | 20.20M | 20.00M | -54.20M | -48.10M | -36.30M | -26.40M |
| Net Income | 200.04M | 257.43M | 236.33M | 183.62M | 173.44M | 210.26M | 203.85M | 173.53M | 164.05M | 160.32M | 157.36M | 151.51M | 138.18M | 111.14M | 118.65M | 48.17M | 62.33M | 135.02M | 143.10M | 145.89M | 131.87M | 145.54M | 143.95M | 113.61M | 105.68M | 114.30M | 111.80M | 105.10M | 79.90M | 78.30M | 92.80M | 91.20M | 81.90M | 69.30M | 62.90M | 57.20M | 54.20M | 48.10M | 36.30M | 26.40M |
| Net Income Ratio | 329.60% | 34.66% | 35.72% | 32.44% | 31.17% | 38.64% | 39.50% | 35.73% | 34.37% | 35.32% | 36.07% | 37.68% | 33.41% | 25.10% | 23.04% | 12.82% | 18.76% | 48.96% | 52.46% | 53.15% | 52.80% | 53.88% | 51.31% | 50.18% | 50.37% | 51.07% | 50.91% | 50.41% | 44.07% | 47.34% | 52.67% | 52.75% | 56.91% | 57.08% | 58.62% | 56.47% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | 2.50 | 3.72 | 3.40 | 2.39 | 2.26 | 2.61 | 2.40 | 1.95 | 1.79 | 1.68 | 1.56 | 1.45 | 1.29 | 1.00 | 1.06 | 0.46 | 0.71 | 1.55 | 1.64 | 1.68 | 1.53 | 1.72 | 1.75 | 1.39 | 1.25 | 1.28 | 1.20 | 1.15 | 0.88 | 0.84 | 0.99 | 0.96 | 0.87 | 1.10 | 1.01 | 1.38 | 0.59 | 0.53 | 0.40 | 0.29 |
| EPS Diluted | 2.50 | 3.72 | 3.39 | 2.39 | 2.26 | 2.61 | 2.40 | 1.94 | 1.78 | 1.67 | 1.55 | 1.45 | 1.29 | 1.00 | 1.05 | 0.46 | 0.71 | 1.54 | 1.64 | 1.67 | 1.51 | 1.71 | 1.74 | 1.38 | 1.24 | 1.27 | 1.19 | 1.14 | 0.88 | 0.84 | 0.98 | 0.96 | 0.87 | 1.10 | 1.01 | 1.38 | 0.59 | 0.53 | 0.40 | 0.29 |
| Weighted Avg Shares Out | 74.24M | 65.19M | 65.29M | 72.53M | 76.72M | 80.47M | 85.01M | 88.91M | 91.40M | 95.64M | 101.15M | 104.68M | 107.11M | 111.38M | 112.44M | 88.69M | 87.68M | 87.36M | 87.15M | 87.48M | 87.13M | 84.98M | 84.79M | 81.74M | 85.22M | 89.88M | 93.66M | 91.54M | 89.41M | 93.46M | 94.04M | 95.42M | 94.26M | 62.73M | 62.56M | 41.33M | 91.93M | 91.18M | 91.39M | 92.48M |
| Weighted Avg Shares Out (Dil) | 74.29M | 65.26M | 65.40M | 72.57M | 76.73M | 80.50M | 85.11M | 89.22M | 91.91M | 96.05M | 101.59M | 104.84M | 107.15M | 111.46M | 112.75M | 88.71M | 87.82M | 87.70M | 87.47M | 87.48M | 87.33M | 84.98M | 85.28M | 82.33M | 85.22M | 89.97M | 93.78M | 92.54M | 91.77M | 93.46M | 94.64M | 95.42M | 94.26M | 62.73M | 62.56M | 41.33M | 91.93M | 91.18M | 91.39M | 92.48M |
Washington Federal Stock Now Looks Cheap Amid Wider Bank Worries
Washington Federal shares have been largely flat in the two years since I initially covered the bank, with that mainly coming as a result of recent turbulence in the industry. The bank faces the same headwinds as peers. Funding costs...
Washington Federal Announces Cash Dividend of 25 cents per share
SEATTLE--(BUSINESS WIRE)---- $wafd #dividend--Today, the Board of Directors of Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank (“WaFd Bank”), announced a regular quarterly cash dividend of 25 cents per share. The dividend will be paid...
WaFd Bank Scores Highest Customer Satisfaction Ranking in Annual Survey
SEATTLE--(BUSINESS WIRE)---- $WAFD #Banking--Washington Federal, Inc. (Nasdaq: WAFD) (the “Company”), parent company of Washington Federal Bank, “WaFd Bank” today announced the results of its annual customer survey achieving the highest net promoter score to date of 57. The survey was...
Washington Federal (WAFD) Reports Q3 Earnings: What Key Metrics Have to Say (Revised)
While the top- and bottom-line numbers for Washington Federal (WAFD) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street...
Washington Federal (WAFD) Q3 Earnings Lag Estimates, Costs Rise
Increase in expenses and higher provisions hurt Washington Federal's (WAFD) fiscal Q3 earnings. A rise in NII, a decent rise in loan balance and higher rates offer some support.
Washington Federal (WAFD) Reports Q3 Earnings: What Key Metrics Have to Say
While the top- and bottom-line numbers for Washington Federal (WAFD) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street...
Washington Federal (WAFD) Q3 Earnings and Revenues Miss Estimates
Washington Federal (WAFD) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.92 per share. This compares to earnings of $0.91 per share a year ago.
Washington Federal Announces Quarterly Earnings Per Share Of $0.89
SEATTLE--(BUSINESS WIRE)---- $WAFD #earnings--Washington Federal, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank (the "Bank"), today announced quarterly earnings of $61,775,000 for the quarter ended June 30, 2023, a decrease of 2.4% from $63,295,000 for the quarter...
Washington Federal (WAFD) to Report Q3 Results: Wall Street Expects Earnings Growth
Washington Federal (WAFD) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Washington Federal: Undervalued And Due A Return To Pre-March Levels
Washington Federal's stock is significantly undervalued following a sector-wide regional banking sell-off earlier this year. The bank's recent financial results show a positive trend, with Net Interest Income, Total Revenues, and Net Income all increasing. The bank also has good...
Source: https://incomestatements.info
Category: Stock Reports
What were Washington Federal’s net earnings for 2024?
Net Income was $200 million or $2.50 per diluted share for fiscal 2024 compared to $257 million or $3.72 per diluted share for 2023.