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Stock impact report

WaFd Inc. Announces Fourth Quarter and Fiscal 2024 Results

WaFd, Inc. (WAFD) 
Last wafd, inc. earnings: 4/21 07:00 pm Check Earnings Report
Company Research Source: Business Wire
2024 HighlightsNet 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.The year included the acquisition of California-based Luther Burbank Corporation which added $7.7 billion in assets and resulted in acquisition-related expenses of $26 million.The Company completed the sales of $2.8 billion in multifamily loans and $0.4 billion in single family loans obtained in the acquisition.Loans receivable increased $3.4 billion, or 19.7%, during 2024.Deposits increased $5.3 billion or 33.0% during 2024.During the year, the Company repurchased 1,070,207 shares of common stock at a weighted average price of $25.29.On September 6, 2024, the Company paid a cash dividend of $0.26 per share. This was the 166th consecutive quarterly dividend paid. A total of $1.03 was paid as cash dividends during the year.  SEATTLE--(BUSINESS WIRE)--WaFd, Inc. (Nasdaq: WAFD) (the "Company"), parent company of Washington Federal Bank ("Wa Show less Read more
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