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WaFd (WAFD) Reviews Q1 Earnings: What Key Metrics Need to Say

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For the quarter ended December 2024, WaFd (WAFD) reported income of $171.13 million, up 2.8% over the identical interval final 12 months. EPS got here in at $0.62, in comparison with $0.85 within the year-ago quarter.

The reported income compares to the Zacks Consensus Estimate of $192.97 million, representing a shock of -11.32%. The corporate delivered an EPS shock of -10.14%, with the consensus EPS estimate being $0.69.

Whereas buyers scrutinize income and earnings modifications year-over-year and the way they evaluate with Wall Road expectations to find out their subsequent transfer, some key metrics all the time provide a extra correct image of an organization’s monetary well being.

Since these metrics play an important function in driving the top- and bottom-line numbers, evaluating them with the year-ago numbers and what analysts estimated about them helps buyers higher mission a inventory’s worth efficiency.

Right here is how WaFd carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:

  • Whole Non-performing Belongings: $68.79 million versus the two-analyst common estimate of $84.09 million.
  • Common steadiness – Whole interest-earning property: $25.80 billion in comparison with the $26.39 billion common estimate primarily based on two analysts.
  • Effectivity Ratio: 65% in comparison with the 58.3% common estimate primarily based on two analysts.
  • Internet Curiosity Margin: 2.4% versus 2.6% estimated by two analysts on common.
  • Whole Non-accrual loans: $61.27 million versus the two-analyst common estimate of $76.21 million.
  • Whole noninterest earnings: $15.70 million in comparison with the $16.84 million common estimate primarily based on two analysts.
  • Internet Curiosity Earnings: $155.43 million in comparison with the $174.45 million common estimate primarily based on two analysts.

View all Key Company Metrics for WaFd here>>>

Shares of WaFd have returned -1% over the previous month versus the Zacks S&P 500 composite’s -1.6% change. The inventory presently has a Zacks Rank #3 (Maintain), indicating that it may carry out consistent with the broader market within the close to time period.

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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially replicate these of Nasdaq, Inc.

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